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Side-by-side financial comparison of Cronos Group Inc. (CRON) and IM Cannabis Corp. (IMCC). Click either name above to swap in a different company.
Cronos Group Inc. is the larger business by last-quarter revenue ($44.5M vs $10.1K, roughly 4394.0× IM Cannabis Corp.). Cronos Group Inc. runs the higher net margin — -4.1% vs -7.8%, a 3.7% gap on every dollar of revenue. Cronos Group Inc. produced more free cash flow last quarter ($9.7M vs $2.2K).
Cronos Group Inc. is a global cannabinoid firm specializing in cultivation, processing, and distribution of cannabis-derived products including wellness supplements, consumer goods, and medical cannabis. It serves North America, Europe, and Asia Pacific, catering to regulated recreational and medical consumer segments with quality-controlled offerings.
IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.
CRON vs IMCC — Head-to-Head
Income Statement — Q4 2025 vs Q3 2025
| Metric | ||
|---|---|---|
| Revenue | $44.5M | $10.1K |
| Net Profit | $-1.8M | $-790 |
| Gross Margin | 36.4% | 22.7% |
| Operating Margin | -16.8% | -6.9% |
| Net Margin | -4.1% | -7.8% |
| Revenue YoY | 47.0% | — |
| Net Profit YoY | -104.2% | — |
| EPS (diluted) | $-0.01 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.5M | — | ||
| Q3 25 | $36.3M | $10.1K | ||
| Q2 25 | $33.5M | $8.8K | ||
| Q1 25 | $32.3M | — | ||
| Q4 24 | $30.3M | $11.8K | ||
| Q3 24 | $34.3M | $9.0K | ||
| Q2 24 | $27.8M | $10.8M | ||
| Q1 24 | $25.3M | $9.1K |
| Q4 25 | $-1.8M | — | ||
| Q3 25 | $26.0M | $-790 | ||
| Q2 25 | $-39.7M | $-4.4K | ||
| Q1 25 | $6.1M | — | ||
| Q4 24 | $43.7M | — | ||
| Q3 24 | $8.3M | $-1.6K | ||
| Q2 24 | $-8.8M | $-2.5M | ||
| Q1 24 | $-2.2M | — |
| Q4 25 | 36.4% | — | ||
| Q3 25 | 50.4% | 22.7% | ||
| Q2 25 | 43.4% | 14.7% | ||
| Q1 25 | 42.6% | — | ||
| Q4 24 | 35.7% | — | ||
| Q3 24 | 10.5% | 21.4% | ||
| Q2 24 | 22.7% | 5.7% | ||
| Q1 24 | 17.7% | 23.2% |
| Q4 25 | -16.8% | — | ||
| Q3 25 | -1.4% | -6.9% | ||
| Q2 25 | -15.9% | -46.7% | ||
| Q1 25 | -12.6% | — | ||
| Q4 24 | -37.5% | -236.7% | ||
| Q3 24 | -98.2% | 18.3% | ||
| Q2 24 | -56.1% | -19.5% | ||
| Q1 24 | -63.1% | 28.9% |
| Q4 25 | -4.1% | — | ||
| Q3 25 | 71.4% | -7.8% | ||
| Q2 25 | -118.7% | -49.9% | ||
| Q1 25 | 19.0% | — | ||
| Q4 24 | 144.3% | — | ||
| Q3 24 | 24.4% | -17.3% | ||
| Q2 24 | -31.5% | -23.4% | ||
| Q1 24 | -8.9% | — |
| Q4 25 | $-0.01 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $0.12 | — | ||
| Q3 24 | $0.02 | — | ||
| Q2 24 | $-0.02 | — | ||
| Q1 24 | $-0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $831.8M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | — |
| Total Assets | $1.2B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $831.8M | — | ||
| Q3 25 | $824.2M | — | ||
| Q2 25 | $834.4M | — | ||
| Q1 25 | $837.8M | — | ||
| Q4 24 | $858.8M | $630.0K | ||
| Q3 24 | $862.0M | — | ||
| Q2 24 | $848.2M | $511.0K | ||
| Q1 24 | $855.1M | — |
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $2.3M | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | $4.0M | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | $28.6M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | $29.4M | ||
| Q1 24 | $1.1B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $11.8M | $2.3K |
| Free Cash FlowOCF − Capex | $9.7M | $2.2K |
| FCF MarginFCF / Revenue | 21.8% | 21.6% |
| Capex IntensityCapex / Revenue | 4.8% | 0.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $149.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.8M | — | ||
| Q3 25 | $13.3M | $2.3K | ||
| Q2 25 | $2.8M | — | ||
| Q1 25 | $-2.1M | — | ||
| Q4 24 | $7.7M | $-786.2K | ||
| Q3 24 | $11.6M | — | ||
| Q2 24 | $1.7M | — | ||
| Q1 24 | $-2.2M | $-4.4K |
| Q4 25 | $9.7M | — | ||
| Q3 25 | $8.8M | $2.2K | ||
| Q2 25 | $-1.0M | — | ||
| Q1 25 | $-17.4M | — | ||
| Q4 24 | $4.2M | — | ||
| Q3 24 | $5.2M | — | ||
| Q2 24 | $1.0M | — | ||
| Q1 24 | $-3.9M | $-4.7K |
| Q4 25 | 21.8% | — | ||
| Q3 25 | 24.3% | 21.6% | ||
| Q2 25 | -3.0% | — | ||
| Q1 25 | -53.8% | — | ||
| Q4 24 | 13.8% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | -15.5% | -51.7% |
| Q4 25 | 4.8% | — | ||
| Q3 25 | 12.3% | 0.9% | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 47.3% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 18.7% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 6.8% | 3.3% |
| Q4 25 | — | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.34× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 1.39× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRON
| Cannabis Flower | $33.7M | 76% |
| Cannabis Extracts | $10.8M | 24% |
IMCC
Segment breakdown not available.