Cronos (CRON) Operating Expenses (2019 - 2026)
Cronos (CRON) recorded quarterly Operating Expenses of $21.0 million in Q1 2026, down 11.4% quarter-over-quarter from $23.7 million in Q4 2025, and up 17.86% on a YoY basis from $17.8 million in Q1 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.
- In Q1 2026, Operating Expenses rose 17.86% year-over-year to $21.0 million; the TTM figure through Mar 2026 stood at $83.3 million (down 15.91% YoY), while the FY2025 annual figure was $80.2 million, down 21.21% from the prior year.
- Operating Expenses was $21.0 million for Q1 2026 at Cronos, down from $23.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $43.0 million in Q1 2022 to a low of $17.8 million in Q1 2025.
- Historically, Operating Expenses has averaged $25.3 million across 5 years, with a median of $23.7 million in 2025.
- Biggest YoY gain for Operating Expenses was 127.18% in 2022; the steepest drop was 89.44% in 2022.
- A 5-year view of Operating Expenses shows it 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.
- The last three Operating Expenses figures came in at $21.0 million (Q1 2026), $23.7 million (Q4 2025), and $18.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 96.91 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 475.11 Mn |
| 10 | Cronos | 1.06 Bn | 284.85 Mn | 19.15 Mn | 20.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |