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CRNC Profit Margin

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As of Q1'26 (2025-12-31), CRNC reported a Gross Margin of 86.3%, an Operating Margin of 25.5%, and a Net Profit Margin of -4.6%. This latest data point shows a strong improvement in gross and operating profitability, though the company remains slightly negative at the net profit level. Over the period from Q2'23 to Q1'26, the chart reveals significant volatility, particularly in Operating and Net Profit Margins. Both margins experienced sharp declines in 2024, with Operating Margin dropping to -503% and Net Profit Margin to -445% in Q3'24, before rebounding to positive territory in 2025. Gross Margin remained relatively stable, generally trending upward from 63.4% in Q2'23 to 86.3% in Q1'26. The data suggests that while CRNC has managed to improve operational efficiency and gross profitability, consistent net profitability remains a challenge due to periods of substantial losses.