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Cronos Group CRON Q1 2026 earnings

Reported May 11, 2026 · Before market open

Revenue$45.2MBeat by $3.0M
EPS$0.01In line
Revenue estimate$42.2M
EPS estimate$0.01

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$49.5M
EPS estimate$0.03

Financials

Q1 2026

Income statement

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Revenue$45.2M+40.1%
Gross profit$19.2M+39.5%
Operating income-$1.8M+55.0%
Net income$13.8M+125%
EPS (diluted)$0.04+100%

Balance sheet

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Cash & equivalents$821.9M+3.0%
Total debt$1.3M-27.8%
Total equity$1.1B+0.7%
Total assets$1.2B+1.6%

Cash flow

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Operating cash flow$10.9M+620%
CapEx$1.9M-87.7%
Free cash flow$9.0M+152%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$951.42M+37.4%
Enterprise value$130.87M+226%
P/S6×+0.4×

Profitability

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Gross margin42.7%+15.1pp
Operating margin-9.5%-4.3pp
Net margin-1.1%-40.8pp
FCF margin16.6%+13.3pp

Returns & leverage

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Return on equity-0.2%-4.8pp
Debt / equity0×0.0×
Current ratio21.9×-5.9×

Segments

By product

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Cannabis flower$33.7M+44.5%
Cannabis extracts$11.5M+33.1%

FAQ

When did Cronos Group report Q1 2026 earnings?
Cronos Group (CRON) reported Q1 2026 earnings on May 11, 2026 before market open.
What were Cronos Group's Q1 2026 revenue and EPS?
Cronos Group reported revenue of $45.2M and eps of $0.01 for Q1 2026.
Did Cronos Group beat estimates in Q1 2026?
Revenue beat the consensus estimate of $42.2M by $3.0M. EPS beat the consensus estimate of $0.01 by $0.00.
How did Cronos Group's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 99.6% from $22.7M a year earlier and eps declined 50.0% from $0.02.
Where can I find Cronos Group's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001656472-26-000032) and the 10-Q periodic report (0001656472-26-000033) directly on SEC EDGAR. The filing index links above go to sec.gov.