Cronos Group (CRON) Revenue & Revenue Breakdown
Cronos Group Revenue Highlights
Latest Revenue (Y)
$120.27M
Latest Revenue (Q)
$38.68M
Main Segment (Y)
Cannabis Flower
Main Geography (Y)
CANADA
Cronos Group Revenue by Period
Cronos Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $120.27M | 30.86% |
| 2022-12-31 | $91.90M | 23.47% |
| 2021-12-31 | $74.44M | 59.32% |
| 2020-12-31 | $46.72M | 96.71% |
| 2019-12-31 | $23.75M | 106.00% |
| 2018-12-31 | $11.53M | 255.17% |
| 2017-12-31 | $3.25M | 687.28% |
| 2016-12-31 | $412.32K | 100.00% |
| 2015-12-31 | - | 100.00% |
| 2014-12-31 | - | -100.00% |
| 2013-12-31 | $-195.61K | - |
Cronos Group generated $120.27M in revenue during NA 2023, up 30.86% compared to the previous quarter, and up 1043.19% compared to the same period a year ago.
Cronos Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $38.68M | 53.64% |
| 2024-03-31 | $25.18M | 2.44% |
| 2023-12-31 | $24.58M | -27.53% |
| 2023-09-30 | $33.91M | 78.29% |
| 2023-06-30 | $19.02M | -5.57% |
| 2023-03-31 | $20.14M | -11.98% |
| 2022-12-31 | $22.89M | 9.39% |
| 2022-09-30 | $20.92M | -9.27% |
| 2022-06-30 | $23.06M | -7.88% |
| 2022-03-31 | $25.03M | -2.95% |
| 2021-12-31 | $25.80M | 26.40% |
| 2021-09-30 | $20.41M | 30.63% |
| 2021-06-30 | $15.62M | 23.88% |
| 2021-03-31 | $12.61M | -26.02% |
| 2020-12-31 | $17.05M | 50.08% |
| 2020-09-30 | $11.36M | 14.92% |
| 2020-06-30 | $9.88M | 17.21% |
| 2020-03-31 | $8.43M | 15.38% |
| 2019-12-31 | $7.31M | -23.82% |
| 2019-09-30 | $9.59M | 23.03% |
| 2019-06-30 | $7.80M | 60.92% |
| 2019-03-31 | $4.85M | 30.52% |
| 2018-12-31 | $3.71M | 27.57% |
| 2018-09-30 | $2.91M | 12.77% |
| 2018-06-30 | $2.58M | 13.16% |
| 2018-03-31 | $2.28M | 81.89% |
| 2017-12-31 | $1.25M | 18.36% |
| 2017-09-30 | $1.06M | 114.03% |
| 2017-06-30 | $494.94K | 28.47% |
| 2017-03-31 | $385.25K | 21.04% |
| 2016-12-31 | $318.28K | 238.43% |
| 2016-09-30 | $94.05K | 100.00% |
| 2016-06-30 | - | -100.00% |
| 2016-03-31 | $-11.41K | 100.00% |
| 2015-12-31 | - | 100.00% |
| 2015-09-30 | - | 100.00% |
| 2015-06-30 | - | 100.00% |
| 2015-03-31 | - | 100.00% |
| 2014-09-30 | - | 100.00% |
| 2014-06-30 | - | 100.00% |
| 2013-09-30 | - | 100.00% |
| 2013-06-30 | - | - |
Cronos Group generated $38.68M in revenue during Q2 2024, up 53.64% compared to the previous quarter, and up 192.01% compared to the same period a year ago.
Cronos Group Revenue Breakdown
Cronos Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 18 |
|---|---|---|---|---|---|
| Cannabis Extracts | $24.57M | $27.68M | $18.68M | $18.25M | - |
| Cannabis Flower | $62.07M | $63.59M | $55.19M | $27.93M | - |
| Product and Service, Other | $602.00K | $634.00K | $560.00K | $533.00K | - |
| Other Products | - | - | - | - | $232.00K |
| Cannabis Oils | - | - | - | - | $44.00K |
| Dry Cannabis | - | - | - | - | $1.16M |
Cronos Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Cannabis Flower (71.15%), Cannabis Extracts (28.16%), and Product and Service, Other (0.69%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cannabis Flower | $17.52M | $17.51M | $17.41M | $14.01M | $13.13M | $15.55M | $13.67M | $15.74M | $18.63M | $18.86M | $15.31M | $11.60M | $9.43M | $11.56M | $7.96M | $5.67M | $2.74M |
| Product and Service, Other | $36.00K | $327.00K | $128.00K | $81.00K | $66.00K | $153.00K | $108.00K | $281.00K | $92.00K | $45.00K | $215.00K | $267.00K | $33.00K | $43.00K | $257.00K | $118.00K | $115.00K |
| Cannabis Extracts | $7.73M | $5.42M | $7.27M | $4.93M | $6.95M | $7.18M | $7.14M | $7.04M | $6.32M | $6.89M | $4.89M | $3.76M | $3.14M | $5.44M | $3.14M | $4.09M | $5.58M |
Cronos Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Cannabis Flower (69.30%), Cannabis Extracts (30.56%), and Product and Service, Other (0.14%).
Cronos Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Other Countries | $1.41M | - | $891.00K | $2.69M |
| CANADA | $64.70M | $56.23M | $50.29M | $34.54M |
| ISRAEL | $21.13M | $30.52M | $13.38M | - |
| UNITED STATES | - | $5.16M | $9.87M | $9.49M |
Cronos Group's latest annual revenue breakdown by geography, as of Dec 23: CANADA (74.16%), ISRAEL (24.22%), and Other Countries (1.61%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ISRAEL | $6.42M | $4.97M | $5.67M | $5.43M | $5.06M | $7.13M | $7.04M | $7.21M | $9.13M | $4.80M | $3.75M | $2.31M | $2.52M | - | - | - | - |
| CANADA | $18.87M | $17.93M | $18.74M | $13.60M | $14.43M | $14.90M | $13.37M | $14.39M | $13.58M | $17.86M | $14.19M | $10.66M | $7.58M | $11.83M | $9.21M | $7.42M | $6.09M |
| Other Countries | - | $1.01M | $399.00K | - | - | - | $31.00K | $369.00K | $421.00K | $70.00K | $1.71M | $514.00K | $293.00K | $165.00K | - | - | - |
| UNITED STATES | - | - | - | - | $649.00K | $854.00K | $514.00K | $1.46M | $2.33M | $3.11M | $2.10M | $2.23M | $2.44M | $3.51M | $1.64M | $2.17M | $2.18M |
Cronos Group's latest quarterly revenue breakdown by geography, as of Mar 24: CANADA (74.62%), and ISRAEL (25.38%).
CRON Revenue FAQ
What is Cronos Group’s yearly revenue?
Cronos Group's yearly revenue for 2023 was $120.27M, representing an increase of 30.86% compared to 2022. The company's yearly revenue for 2022 was $91.9M, representing an increase of 23.47% compared to 2021. CRON's yearly revenue for 2021 was $74.44M, representing an increase of 59.32% compared to 2020.
What is Cronos Group’s quarterly revenue?
Cronos Group's quarterly revenue for Q2 2024 was $38.68M, a 53.64% increase from the previous quarter (Q1 2024), and a 103.34% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $25.18M, a 2.44% increase from the previous quarter (Q4 2023), and a 24.98% increase year-over-year (Q1 2023). CRON's quarterly revenue for Q4 2023 was $24.58M, a -27.53% decrease from the previous quarter (Q3 2023), and a 7.38% increase year-over-year (Q4 2022).
What is Cronos Group’s revenue growth rate?
Cronos Group's revenue growth rate for the last 3 years (2021-2023) was 61.58%, and for the last 5 years (2019-2023) was 406.40%.
What are Cronos Group’s revenue streams?
Cronos Group's revenue streams in c 23 are Cannabis Extracts, Cannabis Flower, and Product and Service, Other. Cannabis Extracts generated $24.57M in revenue, accounting 28.16% of the company's total revenue, down -11.23% year-over-year. Cannabis Flower generated $62.07M in revenue, accounting 71.15% of the company's total revenue, down -2.39% year-over-year. Product and Service, Other generated $602K in revenue, accounting 0.69% of the company's total revenue, down -5.05% year-over-year.
What is Cronos Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Cronos Group was Cannabis Flower. This segment made a revenue of $62.07M, representing 71.15% of the company's total revenue.