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Cronos Group CRON Reportable Segment — Income tax provision (benefit)

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Other financials

Income statement

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Revenue$53.0M+58.4%
Gross profit$28.5M+96.2%
Operating income$7.4M+239%
Net income$32.1M+181%
EPS (diluted)$0.09+190%

Balance sheet

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Cash & equivalents$467.0M-41.2%
Total debt$1.3M-35.6%
Total equity$1.1B-1.3%
Total assets$1.2B+0.4%

Cash flow

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Operating cash flow$24.0M+752%
CapEx$1.7M-54.7%
Free cash flow$22.3M+2,286%

Valuation

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Market cap$1.14B+11.7%
Enterprise value$676.36M+194%
P/E16.3×-39.0×
P/S6.4×-1.5×

Profitability

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Gross margin45.9%+13.1pp
Operating margin-1.4%-0.7pp
Net margin39.1%+24.9pp
FCF margin27.8%+23.2pp

Returns & leverage

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Return on equity6.5%+4.8pp
Debt / equity0.0×
Current ratio16.2×-8.5×

Where this comes from

Reported directly by Cronos Group in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Cronos Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001656472-26-000051
Net income$$35,663
Interest income, net(8,816)
Income tax provision51
Depreciation and amortization3,374
EBITDA30,272
Loss on revaluation of financial instruments(i)615
Foreign currency transaction gain(20,219)
Transaction costs(ii)581

Item 1. Financial Statements.

FAQ

What is Cronos Group's reportable segment — income tax provision (benefit)?
Cronos Group (CRON) reported reportable segment — income tax provision (benefit) of $51K in Q2 2026.
How has Cronos Group's reportable segment — income tax provision (benefit) changed year-over-year?
Cronos Group's reportable segment — income tax provision (benefit) increased by 109.7% year-over-year, from -$525K to $51K.
What does reportable segment — income tax provision (benefit) mean?
Captures the tax expense or benefit allocated to the business segment based on its taxable income or loss. This figure is essential for understanding the segment's effective tax rate and the impact of tax jurisdictions on its reported profitability.

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