Financials in CAD. Standardized financial statements.
A compact view of how Cresco Labs Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $667.33M | $724.34M | $770.88M | $842.68M | $821.68M | $476.25M | $128.53M | $43.25M | $10.31M | $3.16M |
| Revenue Growth? | -7.9% | -6.0% | -8.5% | +2.6% | +72.5% | +270.5% | +197.2% | +319.5% | +226.6% | 0.0% |
| Cost of Revenue? | $331.28M | $359.89M | $408.52M | $435.67M | $415.33M | $269.55M | $64.45M | $2.83M | $9.16M | $7.32M |
| Gross Profit? | $324.57M | $364.45M | $362.37M | $407.01M | $406.35M | $206.70M | $64.08M | $40.42M | $1.15M | -$4.16M |
| Gross Margin? | +48.6% | +50.3% | +47.0% | +48.3% | +49.5% | +43.4% | +49.9% | +93.4% | +11.2% | -131.8% |
| Operating Expenses? | $247.62M | $257.16M | $450.19M | $491.31M | $623.70M | $228.10M | $98.34M | $35.47M | $44,416 | $42,857 |
| Operating Income? | $76.94M | $107.29M | -$87.82M | -$84.30M | -$217.35M | -$23.46M | -$34.26M | $4.95M | -$4.13M | -$7.78M |
| EBITDA? | $20.34M | $114.28M | -$13.97M | -$10.66M | -$159.63M | $5.23M | -$29.47M | $9.66M | -$43,753.04 | -$33,613.138 |
| Income Before Tax | -$95.42M | -$10.62M | -$146.90M | -$126.91M | -$256.73M | -$64.17M | -$50.84M | $7.47M | -$85,354.051 | -$108,031.653 |
| Income Tax Expense | $44.62M | $49.87M | $32.95M | $88.94M | $40.11M | $28.60M | $14.46M | $4.37M | -$663.846 | $43,593 |
| Net Income? | -$137.78M | -$74.44M | -$175.52M | -$212.05M | -$319.60M | -$102.16M | -$43.20M | -$1.92M | -$85,354.051 | -$108,031.653 |
| EPS? | $-0.42 | $-0.22 | $-0.53 | $-0.71 | $-1.22 | $-0.17 | $-0.56 | $0.05 | $-2.45 | $-3.10 |
| Diluted EPS? | $-0.42 | $-0.22 | $-0.53 | $-0.71 | $-1.22 | $-0.17 | $-0.55 | $0.05 | $-2.45 | $-3.10 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality