Cresco Labs Inc
crescolabs.comHow Do They Make Money?
FY2025 revenue by reportable segment
revenue
Revenue, FY2025
$655.8M
Sources
-
40-F for FY2025, filed Mar 6, 2026
$655.8M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Retail
|
66% |
Retail, FY2025
$433.1M Sources
|
|
Wholesale
|
59% |
Wholesale, FY2025
$387.8M Sources
|
Do Revenues Turn Into Profits?
Not on paper. It lost $135.4M in FY2025, but brought in more cash than it spent: $37.8M of free cash flow.
40-F for FY2025, filed Mar 6, 2026
Sources
Operating income, FY2025
Sources
40-F for FY2025, filed Mar 6, 2026
−$28MView ↗
▼ Now a loss
vs FY2024 ($107.3M, 15%)
Net income, FY2025
Sources
40-F for FY2025, filed Mar 6, 2026
−$135.4MView ↗
▲ +82% (Loss)
vs FY2024 (−$74.4M, −10%)
Free cash flow, FY2025
Sources
40-F for FY2025, filed Mar 6, 2026
$37.8MView ↗
▼ −67%
vs FY2024 ($113M, 16%)
How Are They Changing?
Revenue over time
Retail
Wholesale
$1B$500M$0
$471.8M
$417.9M
$433.1M
$387.8M
100%50%0%
65%
58%
66%
59%
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