CRONOS GROUP INC. (CRON) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Product and Service (2 categories)
2026-01-01 to 2026-06-30
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CRONOS GROUP INC. (CRON) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Product and service (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenue
- 98,217,000 US dollars
- Cost of revenue (calculated)
- 50,613,000 US dollars
- Gross profit
- 47,604,000 US dollars
- Total operating expenses
- 42,033,000 US dollars
- Operating income (loss)
- 5,571,000 US dollars
- Total other income (expense)
- 48,282,000 US dollars
- Income (loss) before income taxes
- 53,853,000 US dollars
- Income tax provision (benefit)
- 2,479,000 US dollars
- Net income (loss)
- 51,374,000 US dollars
- Net revenue, before excise taxes
- 129,562,000 US dollars
- Cost of sales
- 49,560,000 US dollars
- Inventory write-down
- 1,053,000 US dollars
- Sales and marketing
- 12,400,000 US dollars
- Research and development
- 2,628,000 US dollars
- General and administrative
- 22,539,000 US dollars
- Restructuring costs
- 792,000 US dollars
- Share-based compensation
- 2,870,000 US dollars
- Depreciation and amortization
- 804,000 US dollars
- Revenue before reconciliation (calculated)
- 129,562,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Excise taxes
- negative 31,345,000 US dollars. Reported reconciliation to consolidated revenue.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to CRONOS GROUP INC.: $45.84 M; to noncontrolling interests: $5.54 M.

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Gross margin
48.5%
Gross profit / revenue
Operating margin
5.7%
Operating profit / revenue
Cash conversion
67.9%
Operating cash / net income, same period
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