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Segments

By segment

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Reportable Segment$1.22M+30.8%

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:ResearchAndDevelopmentExpense.

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
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Gross profit28,45114,50447,60428,238
Operating expenses
Sales and marketing6,7855,34712,4009,912
Research and development1,2159292,6281,722
General and administrative10,80310,53622,53919,845
Restructuring costs3087687921,323
Share-based compensation1,5571,3812,8703,469
Depreciation and amortization3798678041,363

Item 1. Financial Statements.

FAQ

What is Cronos Group's R&D?
Cronos Group (CRON) reported R&D of $1.22M in Q2 2026.
How has Cronos Group's R&D changed year-over-year?
Cronos Group's R&D increased by 30.8% year-over-year, from $929K to $1.22M.
What is the long-term trend for Cronos Group's R&D?
Over 4 years (2021 to 2025), Cronos Group's R&D has grown at a -32.8% compound annual growth rate (CAGR), from $21.84M to $4.45M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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