The financials
Cronos Group Inc. by the numbers
Cronos Group Inc. (CRON) reported revenue of $45M in Q1 2026 (quarter ended March 31, 2026), up 40% from the same quarter a year earlier. That came with a gross margin of 42% and net income of $14M (30% of revenue). For the full year FY2025, revenue was $147M (+25% year on year) and net income −$9.4M. Its largest region in 2026-Q2 was Canada at $29M, 54% of the disclosed total, just ahead of Israel at 28%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $45M | $32M | +40% |
| Gross profit | $19M | $14M | +39% |
| Operating income | −$1.8M | −$4.1M | n/a |
| Net income | $14M | $6.1M | +125% |
| Diluted EPS | $0.04 | $0.02 | +100% |
| Geographic | Revenue | Share |
|---|---|---|
| Canada | $29M | 54% |
| Israel | $15M | 28% |
| Other Countries | $9.3M | 18% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $53.0M (+17%)
Other Countries grew +88% year on yearCanada +50% year on year
Segment Latestquarter on quarteryear on year
- Canada$28.7M$28.7MQoQ +13%year on year +50%+13%+50%
- Israel$15.0M$15.0MQoQ +6.1%year on year +60%+6.1%+60%
- Other Countries$9.3M$9.3MQoQ +63%year on year +88%+63%+88%
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