Cronos CRON
NASDAQ CRON
$3.15 -0.03 (-0.94%)
At close: Sep 9, 2026 · 4:00 PM EDT

Cronos (CRON) Operating Expenses (2019 - 2026)

Cronos (CRON) posted Operating Expenses of $21.0 million for Q2 2026, little changed on a QoQ basis from $21.0 million in Q1 2026, and up 6.15% year-over-year from $19.8 million in Q2 2025.

Analysis

Cronos (CRON) Operating Expenses (2019 - 2026) Analysis & Trends

Cronos has reported Operating Expenses for 8 years, with the latest figure at $21.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 6.15% year-over-year to $21.0 million in Q2 2026; TTM through Jun 2026 was $84.6 million, a 12.9% decrease from a year earlier, with the FY2025 full-year figure at $80.2 million, down 21.21% from the prior year.
  • Operating Expenses was $21.0 million for Q2 2026 at Cronos, roughly flat from $21.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $43.0 million in Q1 2022, with the low at $17.8 million in Q1 2025.
  • Average Operating Expenses over 5 years is $25.1 million, with a median of $23.6 million recorded in 2023.
  • The largest YoY upside for Operating Expenses was 127.18% in 2022 against a maximum downside of 89.44% in 2022.
  • Over 5 years, Operating Expenses stood at $28.3 million in 2022, then decreased by 16.76% to $23.5 million in 2023, then decreased by 5.85% to $22.2 million in 2024, then increased by 6.82% to $23.7 million in 2025, then declined by 11.14% to $21.0 million in 2026.
  • The last three Operating Expenses figures came in at $21.0 million (Q2 2026), $21.0 million (Q1 2026), and $23.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 165.69 Mn
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn 532.81 Mn
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 117.91 Mn
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 21.05 Mn
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn 18.76 Mn
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 101.60 Mn
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn 106.98 Mn
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn 96.56 Mn
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn 32.06 Mn
10 Sndl 362.57 Mn 230.02 Mn 40.74 Mn 31.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.05 Mn
Mar 31, 2026 20.99 Mn
Dec 31, 2025 23.69 Mn
Sep 30, 2025 18.84 Mn
Jun 30, 2025 19.83 Mn
Mar 31, 2025 17.81 Mn
Dec 31, 2024 22.17 Mn
Sep 30, 2024 37.27 Mn
Jun 30, 2024 21.86 Mn
Mar 31, 2024 20.43 Mn
Dec 31, 2023 23.55 Mn
Sep 30, 2023 25.75 Mn
Jun 30, 2023 23.72 Mn
Mar 31, 2023 23.70 Mn
Dec 31, 2022 28.29 Mn
Sep 30, 2022 30.48 Mn
Jun 30, 2022 29.62 Mn
Mar 31, 2022 42.98 Mn
Dec 31, 2021 -104.11 Mn
Sep 30, 2021 55.68 Mn