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Side-by-side financial comparison of Cronos Group Inc. (CRON) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

Cronos Group Inc. is the larger business by last-quarter revenue ($44.5M vs $43.2M, roughly 1.0× ATRenew Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs -4.1%, a 21.0% gap on every dollar of revenue.

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.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

CRON vs RERE — Head-to-Head

Bigger by revenue
CRON
CRON
1.0× larger
CRON
$44.5M
$43.2M
RERE
Higher net margin
RERE
RERE
21.0% more per $
RERE
16.9%
-4.1%
CRON

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
CRON
CRON
RERE
RERE
Revenue
$44.5M
$43.2M
Net Profit
$-1.8M
$7.3M
Gross Margin
36.4%
Operating Margin
-16.8%
Net Margin
-4.1%
16.9%
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.

Revenue
CRON
CRON
RERE
RERE
Q4 25
$44.5M
Q3 25
$36.3M
Q2 25
$33.5M
Q1 25
$32.3M
Q4 24
$30.3M
Q3 24
$34.3M
Q2 24
$27.8M
Q1 24
$25.3M
Net Profit
CRON
CRON
RERE
RERE
Q4 25
$-1.8M
Q3 25
$26.0M
Q2 25
$-39.7M
Q1 25
$6.1M
Q4 24
$43.7M
Q3 24
$8.3M
Q2 24
$-8.8M
Q1 24
$-2.2M
Gross Margin
CRON
CRON
RERE
RERE
Q4 25
36.4%
Q3 25
50.4%
Q2 25
43.4%
Q1 25
42.6%
Q4 24
35.7%
Q3 24
10.5%
Q2 24
22.7%
Q1 24
17.7%
Operating Margin
CRON
CRON
RERE
RERE
Q4 25
-16.8%
Q3 25
-1.4%
Q2 25
-15.9%
Q1 25
-12.6%
Q4 24
-37.5%
Q3 24
-98.2%
Q2 24
-56.1%
Q1 24
-63.1%
Net Margin
CRON
CRON
RERE
RERE
Q4 25
-4.1%
Q3 25
71.4%
Q2 25
-118.7%
Q1 25
19.0%
Q4 24
144.3%
Q3 24
24.4%
Q2 24
-31.5%
Q1 24
-8.9%
EPS (diluted)
CRON
CRON
RERE
RERE
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
CRON
CRON
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$831.8M
$228.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$557.1M
Total Assets
$1.2B
$722.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRON
CRON
RERE
RERE
Q4 25
$831.8M
Q3 25
$824.2M
Q2 25
$834.4M
Q1 25
$837.8M
Q4 24
$858.8M
Q3 24
$862.0M
Q2 24
$848.2M
Q1 24
$855.1M
Stockholders' Equity
CRON
CRON
RERE
RERE
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
CRON
CRON
RERE
RERE
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
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
CRON
CRON
RERE
RERE
Operating Cash FlowLast quarter
$11.8M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
21.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$149.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRON
CRON
RERE
RERE
Q4 25
$11.8M
Q3 25
$13.3M
Q2 25
$2.8M
Q1 25
$-2.1M
Q4 24
$7.7M
Q3 24
$11.6M
Q2 24
$1.7M
Q1 24
$-2.2M
Free Cash Flow
CRON
CRON
RERE
RERE
Q4 25
$9.7M
Q3 25
$8.8M
Q2 25
$-1.0M
Q1 25
$-17.4M
Q4 24
$4.2M
Q3 24
$5.2M
Q2 24
$1.0M
Q1 24
$-3.9M
FCF Margin
CRON
CRON
RERE
RERE
Q4 25
21.8%
Q3 25
24.3%
Q2 25
-3.0%
Q1 25
-53.8%
Q4 24
13.8%
Q3 24
15.1%
Q2 24
3.7%
Q1 24
-15.5%
Capex Intensity
CRON
CRON
RERE
RERE
Q4 25
4.8%
Q3 25
12.3%
Q2 25
11.5%
Q1 25
47.3%
Q4 24
11.7%
Q3 24
18.7%
Q2 24
2.6%
Q1 24
6.8%
Cash Conversion
CRON
CRON
RERE
RERE
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
CRON

Cannabis Flower$33.7M76%
Cannabis Extracts$10.8M24%

RERE
RERE

Segment breakdown not available.

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