Cronos (CRON) Tax Rate (2019 - 2026)
Cronos (CRON) posted Tax Rate of 0.14% for Q2 2026, down 1.20 percentage points from 1.35% a year earlier and down 13.24 percentage points from the prior quarter.
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Analysis
Cronos (CRON) Tax Rate (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Cronos was -15.67%, down 6.73 percentage points year-over-year; for FY2025, it came in at 82.89%, up 92.28 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +84.73 percentage points (FY2020 to FY2025).
- In prior years, Cronos' Tax Rate was -9.39% in FY2024 (-13.78 pp), 4.38% in FY2023 (+32.63 pp), -28.24% in FY2022 (-28.58 pp) and 0.34% in FY2021 (+2.17 pp).
- Quarterly Tax Rate has run from a low of -72.44% in Q4 2022 to a high of 96.04% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +2.70 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 91.67 percentage points; the weakest was Q3 2024, with a drop of 102.76 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 13.39% (Q1 2026), 96.04% (Q4 2025) and -4.87% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 22.25% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 21.54% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 78.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 26.34% |
| 10 | Verano Holdings | 877.15 Mn | 550.77 Mn | 99.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.14% |
| Mar 31, 2026 | 13.39% |
| Dec 31, 2024 | 4.36% |
| Sep 30, 2020 | 1.41% |
| Sep 30, 2019 | 0.01% |
API Access
Cronos Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CRON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();