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Cronos Group CRON Goodwill And Intangible Asset Impairment

Discontinued — last reported Q4 '25

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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:GoodwillAndIntangibleAssetImpairment.

The source filing: Cronos Group’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:38 AM EST
Fiscal year
FY2025
Accession
0001656472-26-000016
Line itemYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Restructuring costs2,0376301,524
Share-based compensation7,0508,7008,756
Depreciation and amortization2,1193,7015,044
Impairment loss on goodwill and indefinite-lived intangible assets700
Impairment loss on long-lived assets3616,3503,366
Total operating expenses80,154101,72796,709
Operating loss(17,395)(76,529)(84,800)
Other income (expense)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Cronos Group's goodwill and intangible asset impairment?
Cronos Group (CRON) reported goodwill and intangible asset impairment of $175K in Q4 2025.
What is the long-term trend for Cronos Group's goodwill and intangible asset impairment?
Over 4 years (2021 to 2025), Cronos Group's goodwill and intangible asset impairment has grown at a -76.7% compound annual growth rate (CAGR), from $236.06M to $700K.
What does goodwill and intangible asset impairment mean?
This represents a non-cash charge recognized when the carrying value of goodwill or indefinite-lived intangible assets exceeds their fair value. It signals that previous acquisitions or investments have not performed as expected or that market conditions have deteriorated. Investors use this to assess the success of past capital allocation and M&A strategies.

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