Cronos (CRON) Research & Development (2019 - 2026)
Cronos (CRON) posted Research & Development of $6.8 million for Q2 2026, up 20.84% on a QoQ basis from $5.6 million in Q1 2026, and up 26.89% year-over-year from $5.3 million in Q2 2025.
Analysis
Cronos (CRON) Research & Development (2019 - 2026) Analysis & Trends
Cronos has reported Research & Development for 8 years, with the latest figure at $6.8 million in Q2 2026.
- On a quarterly basis, Research & Development rose 26.89% year-over-year to $6.8 million in Q2 2026; TTM through Jun 2026 was $24.3 million, a 10.98% increase from a year earlier, with the FY2025 full-year figure at $21.8 million, up 0.75% from the prior year.
- Research & Development was $6.8 million for Q2 2026 at Cronos, up from $5.6 million in the prior quarter.
- The five-year high for Research & Development was $6.8 million in Q2 2026, with the low at $4.2 million in Q2 2022.
- Average Research & Development over 5 years is $5.5 million, with a median of $5.3 million recorded in 2024.
- The largest YoY upside for Research & Development was 145.04% in 2022 against a maximum downside of 68.25% in 2022.
- Over 5 years, Research & Development stood at $5.6 million in 2022, then advanced by 13.62% to $6.4 million in 2023, then increased by 0.72% to $6.4 million in 2024, then gained by 2.15% to $6.6 million in 2025, then rose by 3.57% to $6.8 million in 2026.
- The last three Research & Development figures came in at $6.8 million (Q2 2026), $5.6 million (Q1 2026), and $6.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | - |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | - |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 6.79 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 357,000.00 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 1.95 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | - |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 5,783.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.79 Mn |
| Mar 31, 2026 | 5.62 Mn |
| Dec 31, 2025 | 6.55 Mn |
| Sep 30, 2025 | 5.30 Mn |
| Jun 30, 2025 | 5.35 Mn |
| Mar 31, 2025 | 4.57 Mn |
| Dec 31, 2024 | 6.41 Mn |
| Sep 30, 2024 | 5.53 Mn |
| Jun 30, 2024 | 4.33 Mn |
| Mar 31, 2024 | 5.33 Mn |
| Dec 31, 2023 | 6.37 Mn |
| Sep 30, 2023 | 5.30 Mn |
| Jun 30, 2023 | 5.30 Mn |
| Mar 31, 2023 | 5.74 Mn |
| Dec 31, 2022 | 5.60 Mn |
| Sep 30, 2022 | 5.25 Mn |
| Jun 30, 2022 | 4.19 Mn |
| Mar 31, 2022 | 5.01 Mn |
| Dec 31, 2021 | -12.44 Mn |
| Sep 30, 2021 | 10.82 Mn |