Cronos Group Inc. (CRON) Stock Price & Analysis
Cronos Group Inc. (CRON) is trading at USD 3.34, down 3.19% today, as of October 23, 2026 at 16:59 UTC (US market open; quotes may be delayed), according to Nexqual market data.
CRON last closed at USD 3.34; today's session has ranged USD 3.3–3.43 on volume of 516,420 shares. Market capitalization is —, with a 52-week range of USD 2.28–3.61 (NGM). Source: Nexqual, retrieved October 23, 2026 at 17:02 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CRON.md
Key facts (CRON)
- Last four reported quarters (through Jun 30, 2026): revenue $179M, net income $70.0M (39.1% margin), free cash flow $49.8M (SEC filings).
- Total return with dividends: 1Y +34.5% vs S&P 500 +14.6%; 5Y -35.7% vs S&P 500 +77.3%.
- Next earnings: 2026-11-05, EPS estimate USD 0.05, revenue estimate $73.4M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CRON)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $64.6M | $86.7M | $87.2M | $118M | $147M | $179M |
| Gross profit | -$17.6M | $15.4M | $11.9M | $25.2M | $62.8M | — |
| Operating income | -$292M | -$111M | -$84.8M | -$76.5M | -$17.4M | -$2.4M |
| Net income | -$396M | -$169M | -$74.0M | $41.1M | -$9.4M | $70.0M |
| EPS (diluted) | -$1.07 | -$0.45 | -$0.19 | $0.11 | -$0.02 | — |
| Free cash flow | -$165M | -$92.4M | -$45.3M | $6.4M | $149K | $49.8M |
| Gross margin | -27.3% | 17.8% | 13.7% | 21.4% | 42.8% | — |
| Operating margin | -452.2% | -128.4% | -97.2% | -65.1% | -11.9% | -1.4% |
| Net margin | -613.5% | -194.5% | -84.8% | 34.9% | -6.4% | 39.1% |
| Revenue growth | +38.2% | +34.4% | +0.6% | +34.8% | +24.6% | — |
| Cash + short-term investments | $1.00B | $878M | $862M | $859M | $832M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CRON)
P/E at fiscal year-ends: Dec 2024 19.0x.
Analysts (CRON)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Zuanic & Associates | Initiated | Overweight |
Total return (dividends reinvested) (CRON)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +34.5% | -35.7% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | +34.5% | -8.5% |
| Volatility (annualized) | 39.3% | 45.9% |
| Max drawdown | -26.9% (Dec 2025→Mar 2026) | -73.3% (Nov 2021→Jun 2023) |
CRON revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Cannabis flower | $39.2M | 74.0% | +56.7% |
| Cannabis extracts | $13.8M | 26.0% | +64.8% |
| Other | $19,000 | 0.0% | -72.9% |
| Total revenue | $53.0M | 100% | — |
CRON revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Canada | $28.7M | 54.2% | +49.9% |
| Israel | $15.0M | 28.3% | +60.2% |
| Other countries | $9.3M | 17.5% | +88.3% |
| Total revenue | $53.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CRON suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Cronos Growing Company | “•our ability to acquire raw materials from suppliers, including Cronos Growing Company Inc. ("Cronos GrowCo"), and the costs and timing associated therewith;” |
| Partner | Manitoba Liquor & Lotteries | “We have entered into supply arrangements with all provinces in Canada (where the relevant provincial body is the sole wholesale distributor of cannabis products in the province, except for Manitoba where we have also entered into a distribution agreement with a Manitoba Liquor & Lotteries Corporation authorized cannabis distributor) and the Yukon territory and with private retailers in Saskatchewan.” |
| Partner | Cronos and Ginkgo Bioworks Holdings | “We account for the cannabinoid exclusive licenses originating from the Ginkgo Strategic Partnership as definite-lived intangible assets in accordance with the acquisition method of accounting.” |
| Partner | High Tide Inc. (HITI) | “See Note 6 "Loans Receivable, net" for discussion of the loan receivable recognized as part of the agreement with High Tide.” |
Quoted from the company's 10-K filed Feb 26, 2026.
Companies that name CRON in their SEC reports
| Relationship to CRON | Company | Filing | Sentence |
|---|---|---|---|
| partner | High Tide Inc. (HITI) | 40-F Jan 29, 2026 | “•the intention of the Corporation to complete any additional offering of securities of the Corporation and the aggregate amount of the total proceeds that the Corporation will receive pursuant to a $19,000,000 senior secured credit facility with Connect First Credit Unition Ltd. ("connectFirst"), with an initial 5- year term, at connectFirst's floor interest rate (the "September 2022 Credit Facility"), the loan ag…” |
CRON customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 43% of revenue, per the company's 10-K filed Feb 26, 2026. The company does not name it.
CRON company outlook (results filed Aug 6, 2026)
- “The Company expects the acquisition to close in the second half of 2026.”
- “Beginning in 2025, the Company modified the composition of Adjusted EBITDA to exclude the impact of the provision for expected credit losses recognized under ASC 326 solely with respect to the High Tide Loan (see Note 4 "Loans Receivable, net" to the condensed consolidated financial statements under Item 1 of our Quarterly Report for further information).”
Quoted word-for-word from the SEC 8-K results press release.
CRON analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.05 | $0.00 | — | $73.4M | 3 |
| Next quarter (ends Dec 2026) | $0.06 | $0.00 | — | $89.6M | 3 |
| Current fiscal year (ends Dec 2026) | $0.24 | $0.00 | — | $301.6M | 5 |
| Next fiscal year (ends Dec 2027) | $0.26 | $0.00 | — | $390.5M | 5 |
Key Statistics (as of October 23, 2026 at 17:02 UTC)
| Price | USD 3.34 |
|---|---|
| Change | ▼ 3.19% (down) |
| Previous Close | USD 3.34 |
| Open | USD 3.34 |
| Day Range | USD 3.3 – 3.43 |
| 52-Week Range | USD 2.28 – 3.61 |
| Volume | 516,420 shares |
| Market Cap | — |
| Exchange | NGM |
Technical Analysis (CRON)
Nexqual's technical model rates CRON "STRONG BUY" based on 5 bullish and 0 bearish signals across 128 daily candles, as of October 23, 2026 at 17:02 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 56.29 (neutral) |
| vs SMA50 | Above (USD 3.29) |
| MACD | 0.02 (positive) |
Earnings (CRON)
| Next Earnings Date | 2026-11-05 |
|---|---|
| Revenue Estimate | $73.39M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.13 vs est 0.01 ▲ beat |
| 2026-03-31 | USD 0.05 vs est 0.01 ▲ beat |
| 2025-12-31 | USD 0 vs est 0.02 ▼ miss |
| 2025-09-30 | USD 0.1 vs est 0 ▲ beat |
Source: Nexqual, October 23, 2026 at 17:02 UTC.
Financials & Fundamentals (CRON)
| Total Revenue | $179.09M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +58.40% |
| Gross Margin | +43.02% |
| Operating Margin | +15.44% |
| Profit Margin | +39.08% |
| ROE | +7.05% |
| Debt / Equity | 0 |
| Current Ratio | 16.18 |
| Total Cash | $797.02M |
| Total Debt | $1.29M |
Source: Nexqual, October 23, 2026 at 17:02 UTC.
Ownership (CRON)
| Insider Ownership | +49.14% |
|---|---|
| Institutional Ownership | +15.53% |
| Shares Outstanding | 368.41M |
| Float | 186.99M |
| Short % of Float | +1.84% |
Source: Nexqual, October 23, 2026 at 17:02 UTC.
From Cronos Group Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Partnerships
- In September 2023, Cronos established a strategic partnership with Cansativa, a leading German cannabis company, to distribute PEACE NATURALS® and LIT™ branded products along with other white-labeled cannabis products in the German medical market.
- In the second quarter of 2024, the Company entered into an amended and restated supply agreement with Cronos GrowCo (the "Cronos GrowCo Supply Agreement"), pursuant to which the Company has the right, but not the obligation, to purchase up to 70% of Cronos GrowCo's total production from the Cronos GrowCo Facility.
Legal & Regulatory Risks (Item 1A, quoted)
- We operate in highly regulated sectors where the regulatory environment is rapidly developing, and we may not always succeed in complying fully with applicable regulatory requirements in all jurisdictions where we carry on business.
- The regulatory environment for our products is rapidly developing, and the need to build and maintain robust systems to comply with different and changing regulations in multiple jurisdictions increases the possibility that we may violate one or more applicable requirements.
- We and our joint ventures and strategic investments are reliant on required licenses, authorizations, approvals and permits for our ability to grow, process, store and sell cannabis and cannabinoids which are subject to ongoing compliance, reporting and renewal requirements, and we may also be required to obtain additional licenses, authorizations, approvals and permits in connection with our business.
- Additional government licenses in the future may be required in connection with our operations, in addition to other unknown permits and approvals which may be required.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CGC | Canopy Growth Corporation | USD 0.67 | ▲ 0.48% |
| ACB | Aurora Cannabis Inc. | USD 3.9 | ▼ 1.89% |
| TLRY | Tilray Brands, Inc. | USD 2.84 | ▼ 3.24% |
| OGI | Organigram Global Inc. | USD 0.93 | ▼ 0.86% |
| GTBIF | Green Thumb Industries Inc. | USD 6.37 | ▼ 2% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 17:02 UTC. This page is informational and not investment advice.
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