Earnings ·
Cronos reports Q3 net revenue of $63.5M and Adjusted EBITDA of $17.1M
CRONCronos Group Inc.
Cronos Group Inc. reported third-quarter 2026 financial results, posting net revenue of $63.45 million, a 75% increase from the prior year period. Gross profit reached $32.28 million, and Adjusted EBITDA improved to $17.08 million, up 201% year-over-year. Net income was $17.83 million compared to $28.32 million in Q3 2025. The company also announced it repurchased 3.2 million shares for $9.4 million during the quarter and completed the acquisition of CanAdelaar B.V. on October 15, 2026. Cronos Group Inc. is a global cannabis company focused on scaling leading consumer goods products through R&D and innovation.