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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

Aug 6, 2026 (In 1 week)
Revenue estimate$44.2M
EPS estimate$0.01

Financials

Q1 2026

Income statement

See full
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

See full
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

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

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$1.07B+34.6%
Enterprise value$248.13M+15,824%
P/S6.7×+0.6×

Profitability

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

Returns & leverage

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

Segments

By product

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

Versus estimates

Revenue

Q1 2026$45.2MBeat by $3.0M
Q4 2025$44.5MBeat by $5.8MQ3 2025$36.3MMiss by $2.1MQ2 2025$32.4MMiss by $5.0MQ1 2025$22.7MMiss by $9.0MQ4 2024$21.1MMiss by $12.6M

Diluted EPS

Q1 2026$0.01In line
Q4 2025-$0.00Miss by $0.01Q3 2025$0.07Beat by $0.05Q2 2025-$0.10Miss by $0.08Q1 2025$0.02Beat by $0.03Q4 2024-$0.01In line

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Questions, answered.

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.