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
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