---
title: "Cresco Labs Q1 Loss Widens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285722078.md"
description: "Cresco Labs Inc. reported a wider net loss of $17.01 million for Q1, up from $15.23 million last year, attributed to decreased revenue. Adjusted EBITDA fell to $32.90 million from $36.23 million, while revenue declined to $151.32 million from $165.76 million. Despite the losses, shares in Munich rose by 0.77% to 0.9105 euro."
datetime: "2026-05-08T12:14:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285722078.md)
  - [en](https://longbridge.com/en/news/285722078.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285722078.md)
---

# Cresco Labs Q1 Loss Widens

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Cresco Labs Inc. (CRLBF, CL.CN, 6CQ.MU), an American cannabis company, on Friday reported a wider loss for the first quarter, driven by decreased revenue.

Quarterly net loss widened to $17.01 million from $15.23 million last year.

Adjusted EBITDA came in at $32.90 million compared to $36.23 million in the previous year.

Revenue declined to $151.32 million from $165.76 million a year earlier.

Shares in Munich-listed Cresco Labs were gaining 0.77 percent, changing hands at 0.9105 euro.

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