Cronos (CRON) Operating Expenses (2019 - 2026)

Cronos' (CRON) quarterly Operating Expenses came in at $21.0 million in Q1 2026, up 17.86% year-on-year from $17.8 million in Q1 2025, and down 11.4% quarter-over-quarter from $23.7 million in Q4 2025.

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

Cronos' Operating Expenses history runs 8 years deep, the most recent figure standing at $21.0 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 17.86% year-over-year to $21.0 million in Q1 2026; TTM through Mar 2026 was $83.3 million, a 15.91% decrease from a year earlier, with the FY2025 full-year figure at $80.2 million, down 21.21% from the prior year.
  • Operating Expenses fell to $21.0 million in Q1 2026 per CRON's latest filing, from $23.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $43.0 million in Q1 2022 and bottomed at $17.8 million in Q1 2025.
  • The 5-year median for Operating Expenses is $23.7 million (2025), against an average of $25.3 million.
  • Biggest YoY gain for Operating Expenses was 127.18% in 2022; the steepest drop was 89.44% in 2022.
  • Year by year, Operating Expenses stood at $28.3 million in 2022, then retreated by 16.76% to $23.5 million in 2023, then retreated by 5.85% to $22.2 million in 2024, then grew by 6.82% to $23.7 million in 2025, then retreated by 11.4% to $21.0 million in 2026.
  • Per Business Quant, the three latest CRON Operating Expenses figures stand at $21.0 million (Q1 2026), $23.7 million (Q4 2025), and $18.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 455.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 494.00 Mn
10 Cronos 1.04 Bn 267.78 Mn 19.15 Mn 20.99 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 280.56 Mn