📊 CRON Key Takeaways
Investment Thesis
Cronos Group faces significant operational challenges with deteriorating profitability and negative earnings trends despite maintaining a strong balance sheet. Revenue declining 24.2% YoY combined with negative operating margins and minimal free cash flow generation suggests the company struggles to achieve sustainable profitability in its core cannabis business. While exceptional liquidity positions the company to weather near-term headwinds, the fundamental operational weakness and lack of growth momentum present material downside risk.
CRON Strengths
- Exceptional liquidity with $791.8M cash and 19.59x current ratio provides substantial financial flexibility
- Gross margin of 42.8% demonstrates viable unit economics despite operational losses
- Strong balance sheet with minimal debt ($0 long-term debt) eliminates financial distress risk
CRON Risks
- Revenue declining 24.2% YoY indicates significant market share loss or category weakness in cannabis segment
- Operating losses of $17.4M with negative net margin of -6.4% demonstrate failure to achieve profitability at scale
- Minimal free cash flow generation of $149K despite $25.9M operating cash flow reveals capital intensity and working capital pressure
- Net income deteriorated 222.5% YoY, signaling accelerating operational deterioration beyond top-line challenges
- Negative interest coverage ratio indicates inability to service debt from operations despite current debt-free status
Key Metrics to Watch
- Revenue stabilization and year-over-year growth inflection point
- Path to positive operating income and achievement of operating leverage
- Free cash flow generation and sustainability above $25M annually
- Gross margin maintenance and cost structure rationalization initiatives
CRON Financial Metrics
💡 AI Analyst Insight
The relatively thin 0.1% FCF margin may limit capital allocation flexibility. Strong liquidity with a 19.59x current ratio provides a solid financial cushion.
CRON Profitability Ratios
CRON vs Default Sector
How Cronos Group Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CRON Balance Sheet & Liquidity
CRON 5-Year Financial Trend
5-Year Trend Summary: Cronos Group Inc.'s revenue has grown significantly by 97% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.19 indicates the company is currently unprofitable.
CRON Growth Metrics (YoY)
CRON Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $34.3M | -$2.6M | $-0.01 |
| Q2 2025 | $27.8M | -$8.8M | $-0.02 |
| Q1 2025 | $25.3M | -$2.2M | $-0.01 |
| Q3 2024 | $24.8M | -$1.6M | $0.00 |
| Q2 2024 | $19.0M | -$8.4M | $-0.02 |
| Q1 2024 | $19.5M | -$2.2M | $-0.01 |
| Q3 2023 | $20.4M | -$1.6M | $0.00 |
| Q2 2023 | $19.0M | -$8.4M | $-0.02 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CRON Capital Allocation
CRON SEC Filings
Access official SEC EDGAR filings for Cronos Group Inc. (CIK: 0001656472)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 20, 2026 | 4 | xslF345X06/wk-form4_1774041064.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773781956.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773781912.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773781882.xml | View → |
| Mar 17, 2026 | 4 | xslF345X05/wk-form4_1773781832.xml | View → |
❓ Frequently Asked Questions about CRON
What is the AI rating for CRON?
Cronos Group Inc. (CRON) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CRON's key strengths?
Exceptional liquidity with $791.8M cash and 19.59x current ratio provides substantial financial flexibility. Gross margin of 42.8% demonstrates viable unit economics despite operational losses.
What are the risks of investing in CRON?
Revenue declining 24.2% YoY indicates significant market share loss or category weakness in cannabis segment. Operating losses of $17.4M with negative net margin of -6.4% demonstrate failure to achieve profitability at scale.
What is CRON's revenue and growth?
Cronos Group Inc. reported revenue of $146.6M.
Does CRON pay dividends?
Cronos Group Inc. does not currently pay dividends.
Where can I find CRON SEC filings?
Official SEC filings for Cronos Group Inc. (CIK: 0001656472) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CRON's EPS?
Cronos Group Inc. has a diluted EPS of $-0.02.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.