Cronos Group (CRON) Gross Margin
Cronos Group (CRON) currently has a gross margin of 42.8%. Margins are contracting over recent quarters. The company is a LP cannabis company trading on the NASDAQ.
Current Gross Margin
42.8%
Margin Trend
Contracting
Latest Quarter Margin
36.4%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2025 Q4 | $44.5M | $28.3M | $16.2M | 36.4% |
| FY2025 Q3 | $36.3M | $18.0M | $18.3M | 50.4% |
| FY2025 Q2 | $33.5M | $19.0M | $14.5M | 43.4% |
| FY2025 Q1 | $32.3M | $18.5M | $13.7M | 42.6% |
| FY2024 Q3 | $34.3M | $30.7M | $3.6M | 10.5% |
| FY2024 Q2 | $27.8M | $21.5M | $6.3M | 22.7% |
| FY2024 Q1 | $25.3M | $20.8M | $4.5M | 17.7% |
| FY2023 Q4 | $23.9M | $22.0M | $1.9M | 8.0% |
Frequently Asked Questions
What is CRON's current gross margin?+
Gross margin for Cronos Group is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Cronos Group's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do CRON's margins change quarter to quarter?+
Gross margin fluctuations for Cronos Group can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.