Cronos reported revenue of $70.60M and net income of $35.66M for the quarter ended Jun 2026, up 59.5% year over year. This income statement covers 33 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2016 | Dec2017 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||
| Revenue | 24.59M | 21.52M | 29.41M | 27.09M | 26.07M | 29.06M | 26.55M | 25.80M | 33.91M | 34.01M | 35.37M | 38.68M | 46.59M | 41.18M | 41.90M | 44.25M | 48.83M | 58.38M | 58.97M | 70.60M | |||||||||||||
| Cost of RevenueCost of Rev | 21.14M | 14.04M | 18.11M | 17.28M | 17.27M | 20.77M | 16.57M | 15.92M | 20.12M | 21.91M | 20.80M | 21.07M | 30.34M | 19.49M | 18.53M | 18.86M | 17.50M | 28.28M | 25.39M | 24.17M | |||||||||||||
| Gross Profit | -0.73M | 1.88M | 6.93M | 4.32M | 3.14M | 1.26M | 2.93M | 3.10M | 3.97M | 1.91M | 4.48M | 6.30M | 3.61M | 10.81M | 13.73M | 14.50M | 18.33M | 16.19M | 19.15M | 28.45M | |||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 10.82M | -12.44M | 5.01M | 4.19M | 5.25M | 5.60M | 5.74M | 5.30M | 5.30M | 6.37M | 5.33M | 4.33M | 5.53M | 6.41M | 4.57M | 5.35M | 5.30M | 6.55M | 5.62M | 6.79M | |||||||||||||
| Selling, General & AdministrativeSG&A | 32.55M | 14.05M | 22.37M | 16.29M | 16.35M | 13.90M | 11.86M | 13.45M | 14.37M | 9.80M | 8.91M | 12.77M | 12.76M | 12.08M | 9.31M | 10.54M | 9.25M | 12.90M | 11.74M | 10.80M | |||||||||||||
| Restructuring CostsRestructuring | 3.08M | 0.98M | 0.39M | 0.15M | 1.42M | 0.10M | 0.08M | 0.55M | 0.56M | 0.77M | 0.21M | 0.50M | 0.48M | 0.31M | |||||||||||||||||||
| Other Operating ExpensesOther Opex | 12.32M | -105.71M | 12.51M | 8.17M | 8.49M | 8.64M | 6.10M | 4.97M | 4.66M | 7.28M | 6.11M | 4.21M | 18.98M | 3.68M | 3.38M | 3.18M | 4.07M | 3.73M | 3.15M | 3.15M | |||||||||||||
| Operating ExpensesOpex | 55.68M | -104.11M | 42.98M | 29.62M | 30.48M | 28.29M | 23.70M | 23.72M | 25.75M | 23.55M | 20.43M | 21.86M | 37.27M | 22.17M | 17.81M | 19.83M | 18.84M | 23.68M | 20.99M | 21.05M | |||||||||||||
| Operating IncomeOp. Inc | -56.41M | 105.99M | -36.05M | -25.30M | -27.33M | -27.03M | -20.77M | -20.62M | -21.77M | -21.64M | -15.95M | -15.56M | -33.66M | -11.37M | -4.07M | -5.32M | -0.50M | -7.50M | -1.83M | 7.40M | |||||||||||||
| EBIT | -56.41M | 105.99M | -36.05M | -25.30M | -27.33M | -27.03M | -20.77M | -20.62M | -21.77M | -21.64M | -15.95M | -15.56M | -33.66M | -11.37M | -4.07M | -5.32M | -0.50M | -7.50M | -1.83M | 7.40M | |||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | 32.47M | ||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 2.06M | 2.38M | 2.05M | 3.77M | 7.21M | 9.49M | 11.18M | 12.47M | 13.38M | 14.21M | 14.24M | 13.45M | 12.46M | 11.86M | 9.66M | 9.00M | 11.74M | 9.56M | 8.85M | 8.82M | |||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 132.92M | 20.07M | 10.42M | 3.41M | 2.39M | -0.14M | -1.64M | -3.17M | 8.82M | -11.32M | 13.26M | 6.54M | -7.43M | 45.49M | 1.58M | -39.54M | 19.79M | -10.42M | 13.70M | 20.22M | |||||||||||||
| Non Operating IncomeNon Op. Inc. | 133.84M | 28.47M | 3.76M | 7.47M | -3.65M | -17.15M | 1.30M | 14.78M | 18.93M | -23.88M | 12.91M | 4.63M | 38.27M | 57.31M | 11.34M | -33.68M | 27.51M | -4.89M | 19.97M | 28.31M | |||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||
| EBT | 77.42M | 134.46M | -32.29M | -17.84M | -30.99M | -44.18M | -19.47M | -5.84M | -2.84M | -45.51M | -3.04M | -10.93M | 4.62M | 45.95M | 7.27M | -39.01M | 27.00M | -12.39M | 18.14M | 35.71M | |||||||||||||
| Tax ProvisionsTaxes | -0.16M | -0.27M | 0.36M | -0.31M | 2.12M | 32.00M | -1.44M | -0.18M | -1.25M | -0.36M | -0.56M | -2.17M | -2.71M | 2.00M | -0.46M | -0.53M | -1.32M | -11.89M | 2.43M | 0.05M | |||||||||||||
| Profit After TaxPAT | 77.92M | -133.89M | -32.65M | -20.34M | -97.66M | -60.70M | -19.26M | -8.50M | -21.86M | -43.93M | -2.48M | -8.76M | 20.00M | -22.27M | 7.72M | -39.71M | 28.32M | 17.09M | 15.71M | 35.66M | |||||||||||||
| Equity Income | -1.41M | -2.14M | 5.20M | -1.12M | -0.96M | -0.50M | 0.27M | 1.06M | 0.75M | 1.45M | 0.92M | ||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -0.27M | -0.26M | -0.26M | 0.12M | 0.20M | -0.02M | -0.09M | -0.14M | -0.13M | -0.24M | -0.24M | 0.06M | -1.02M | -1.91M | 1.60M | 3.41M | 2.36M | 2.07M | 1.96M | 3.58M | |||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 77.58M | 134.73M | -32.65M | -17.53M | -33.10M | -76.18M | -18.04M | -5.66M | -1.59M | -45.15M | -2.48M | -8.76M | 7.32M | 43.94M | 7.72M | -38.48M | 28.32M | -0.49M | 15.71M | 35.66M | |||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | 0.08M | -268.62M | -2.81M | -3.78M | -2.68M | -1.22M | -2.83M | -0.18M | 0.12M | ||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 77.67M | -133.89M | -32.65M | -20.34M | -36.89M | -78.86M | -19.26M | -8.50M | -1.77M | -45.03M | -2.48M | -8.76M | 7.32M | 43.94M | 7.72M | -38.48M | 28.32M | -0.49M | 15.71M | 35.66M | |||||||||||||
| Income towards Parent CompanyParent Net Inc | 77.67M | -133.89M | -32.65M | -20.34M | -36.89M | -78.86M | -19.26M | -8.50M | -1.77M | -45.03M | -2.48M | -8.76M | 7.32M | 43.94M | 7.72M | -38.48M | 28.32M | -0.49M | 15.71M | 35.66M | |||||||||||||
| Net Income towards Common StockholdersNet Income | 77.67M | -133.89M | -32.65M | -20.34M | -36.89M | -78.86M | -19.26M | -8.50M | -1.77M | -45.03M | -2.48M | -8.76M | 7.32M | 43.94M | 7.72M | -38.48M | 28.32M | -0.49M | 15.71M | 35.66M | |||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.21 | -0.36 | -0.09 | -0.05 | -0.10 | -0.21 | -0.05 | -0.02 | 0.00 | -0.12 | -0.01 | -0.02 | 0.02 | 0.12 | 0.02 | -0.10 | 0.07 | 0.00 | 0.04 | 0.10 | |||||||||||||
| EPS (Diluted) | 0.21 | -0.36 | -0.09 | -0.05 | -0.10 | -0.21 | -0.05 | -0.02 | 0.00 | -0.12 | -0.01 | -0.02 | 0.02 | 0.11 | 0.02 | -0.10 | 0.07 | 0.00 | 0.04 | 0.10 | |||||||||||||
| Shares Outstanding | 372.46M | 370.39M | 375.02M | 376.03M | 378.11M | 376.96M | 380.63M | 380.96M | 381.10M | 380.96M | 381.44M | 382.16M | 382.29M | 382.06M | 382.96M | 385.31M | 383.09M | 383.47M | 379.37M | 373.61M | |||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 375.65M | 370.39M | 375.02M | 376.03M | 378.11M | 376.96M | 380.63M | 380.96M | 381.10M | 380.96M | 381.44M | 382.16M | 385.98M | 385.56M | 386.96M | 385.31M | 384.99M | 383.47M | 381.80M | 375.06M | |||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 373.30M | 374.95M | 375.30M | 377.90M | 378.35M | 380.58M | 380.82M | 381.09M | 381.11M | 381.30M | 382.01M | 382.28M | 382.29M | 382.53M | 385.41M | 383.81M | 382.89M | 381.59M | 376.26M | 370.73M | |||||||||||||
| EBITDA | -56.41M | 105.99M | -36.05M | -25.30M | -27.33M | -27.03M | -20.77M | -20.62M | -21.77M | -21.64M | -15.95M | -15.56M | -33.66M | -11.37M | -4.07M | -5.32M | -0.50M | -7.50M | -1.83M | 7.40M | |||||||||||||
| Tax Rate | -0.21% | -0.20% | -1.12% | 1.73% | -6.84% | -72.44% | 7.38% | 3.08% | 44.09% | 0.79% | 18.34% | 19.88% | -58.67% | 4.36% | -6.26% | 1.35% | -4.87% | 96.04% | 13.39% | 0.14% |