Growth & profitability
- Revenue has grown 25.7% per year over the past 5 years.
- Operating margin has expanded, at -11.9% in the latest year.
CRON Financials Cronos Group
9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $147M | -$3M | 42.8% | -11.9% | $149000 | — | $792M |
| 2024 | $118M | $40M | 21.4% | -65.1% | $6M | — | $859M |
| 2023 | $87M | -$74M | 13.7% | -97.2% | -$45M | — | $669M |
| 2022 | $87M | -$169M | 17.8% | -128.4% | -$92M | — | $765M |
| 2021 | $65M | -$396M | -27.3% | -452.2% | -$165M | — | $887M |
| 2020 | $47M | -$73M | -55.3% | -469.6% | -$176M | — | $1.1B |
| 2019 | $24M | $1.2B | -74.1% | -645.5% | -$170M | — | $1.2B |
| 2018 | $12M | -$22M | 51.3% | -168.7% | -$96M | — | $24M |
| 2017 | $3M | -$1M | 50.0% | -194.5% | -$37M | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $45M | $14M | 42.4% | -4.1% | $9M | — | $822M |
| Dec '25 | $45M | -$2M | 36.4% | -16.8% | $10M | — | $792M |
| Sep '25 | $36M | $26M | 50.4% | -1.4% | $9M | — | $784M |
| Jun '25 | $33M | -$40M | 43.4% | -15.9% | -$1M | — | $794M |
| Mar '25 | $32M | $6M | 42.6% | -12.6% | -$17M | — | $798M |
| Dec '24 | $30M | $44M | 35.7% | -37.5% | $4M | — | $859M |
| Sep '24 | $34M | $8M | 10.5% | -98.2% | $5M | — | $862M |
| Jun '24 | $28M | -$9M | 22.7% | -56.1% | $1M | — | $848M |
| Mar '24 | $25M | -$2M | 17.7% | -63.1% | -$4M | — | $855M |
| Dec '23 | $24M | -$45M | 8.0% | -90.5% | $16M | — | $669M |
| Sep '23 | $25M | -$2M | 16.0% | -87.8% | -$172000 | — | $572M |
| Jun '23 | $19M | -$8M | 16.3% | -108.4% | -$12M | — | $409M |
| Mar '23 | $19M | -$19M | 15.0% | -106.5% | -$48M | — | $414M |
| Dec '22 | $22M | -$79M | 5.7% | -122.7% | -$25M | — | $765M |
| Sep '22 | $20M | -$37M | 15.4% | -133.9% | -$14M | — | $633M |
| Jun '22 | $22M | -$20M | 20.0% | -117.1% | -$19M | — | $790M |
| Mar '22 | $25M | -$33M | 27.7% | -144.0% | -$35M | — | $862M |
| Dec '21 | $26M | -$134M | 7.5% | -630.5% | -$36M | — | $887M |
| Sep '21 | $20M | $78M | -3.6% | -276.4% | -$34M | — | $843M |
| Jun '21 | $16M | -$179M | -101.0% | -1897.0% | -$41M | — | $895M |
Valuation over time
How the market has priced CRON against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 19.5× (Dec '24) to 23.7× (Nov '25).
- The price-to-sales ratio has fallen from 8.6× (Mar '23) to 7.1× (Jun '26).
P/E
P/S
Frequently asked questions
Is CRON growing its revenue and profit?
Over the past 5 years, Cronos Group's revenue has grown 25.7% per year. These are computed facts, not advice.
How much debt does CRON have?
As of FY2025, Cronos Group reported — of total debt against $792M of cash.
What is CRON's profit margin?
In FY2025, gross margin was 42.8%, operating margin -11.9%, and net margin -2.0%.
What is CRON's P/E ratio?
As of Jun '26, Cronos Group traded at a price-to-earnings ratio of about 23.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.