Canopy Growth Corporation (CGC) quarterly cash flow statement — complete operating, investing & financing history
Canopy Growth Corporation (CGC) cash flow statement — 18-year operating, investing & financing cash flows
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Cash from Operations | -17.43M | -25.01M | -18.25M | -17.24M | -17.98M | -10.34M | -33.15M | -26.97M | -53.85M | -51.78M | -22.06M | -26.97M | -53.85M | -51.78M | -22.06M | -32.57M | -78.65M | -148.67M | -139.74M | -143.89M |
| Operating CF Margin % | -17.52% | -30.81% | -25.62% | -16.85% | -26.96% | -14.33% | -50.98% | -36.07% | -85.49% | -78.2% | -30.31% | -36.07% | -85.49% | -78.2% | -30.31% | -41.49% | -113.01% | -194.96% | -189.57% | -169.59% |
| Operating CF Growth % | 3.05% | -141.96% | 44.94% | 36.08% | 66.61% | 80.04% | -50.29% | - | - | - | - | 17.2% | 31.53% | 65.17% | 84.21% | 77.37% | 41.04% | -5.8% | -10.3% | 14.03% |
| Net Income | -56.43M | -14.58M | -157.12M | -62.63M | 1.7M | -44.86M | -221.5M | -121.9M | -131.55M | -129.19M | -94.67M | -121.9M | -131.55M | -129.19M | -94.67M | -230.28M | -148.16M | -10.57M | -723.36M | -226.84M |
| Depreciation & Amortization | 14.36M | 10.03M | 8.65M | 8.9M | 9.24M | 9.67M | 11.47M | 10.31M | 10.31M | 11.03M | 11.29M | 10.31M | 10.31M | 11.03M | 11.29M | 12.24M | 12.53M | 17.11M | 20.77M | 19.31M |
| Stock-Based Compensation | 5.59M | 1.36M | 1.47M | 888K | 2.01M | -99K | -18.74M | 5.16M | 5.22M | 4.15M | 4.05M | 5.16M | 5.22M | 4.15M | 4.05M | 3.69M | 2.72M | 3.72M | 9.46M | 6.05M |
| Deferred Taxes | 178.88K | -129K | -850K | 368K | 214K | 291K | 329K | 316K | 302K | 6.19M | -1.44M | 316K | 302K | 6.19M | -1.44M | -1.08M | 12.82M | 2.02M | -16.36M | -1.34M |
| Other Non-Cash Items | 12.23M | -15.06M | 114.43M | 36.4M | -29.56M | 16.39M | 193.53M | 77.15M | 85.16M | 68.47M | 32.28M | 77.15M | 85.16M | 68.47M | 32.28M | 174.88M | 36.09M | -125.16M | 476.09M | 57.41M |
| Working Capital Changes | 6.63M | -6.63M | 15.16M | -1.17M | -1.58M | 8.27M | 1.76M | 2M | -23.29M | -12.44M | 26.43M | 2M | -23.29M | -12.44M | 26.43M | 7.97M | 5.35M | -35.78M | 93.66M | 1.51M |
| Change in Receivables | 8.5M | -6.13M | 6.08M | -5.78M | 22.47M | 2.92M | -1.32M | -7.05M | 3.22M | 668K | 10.71M | -7.05M | 3.22M | 668K | 10.71M | -1.56M | 7.51M | -20.41M | -1.71M | 1.04M |
| Change in Inventory | 2.21M | 3.45M | 12.46M | -3.6M | -7.99M | 2.84M | -4.79M | -952K | -4.96M | -7.01M | 9.08M | -952K | -4.96M | -7.01M | 9.08M | -3.81M | -6.48M | 2.24M | 65.19M | -2.48M |
| Change in Payables | -5.68M | -2.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.83M | 0 |
| Cash from Investing | -104.24M | -737K | -42.65M | 5.27M | 16.73M | -705K | -1M | -14.79M | 1.04M | -33.03M | 39.48M | -14.79M | 1.04M | -33.03M | 39.48M | -611K | 60.14M | 142.57M | 91.25M | 135.13M |
| Capital Expenditures | -4.13M | -737K | -1M | -1.8M | -1.23M | -1.31M | -3.09M | -1.22M | -2.59M | -3.92M | -249K | -1.22M | -2.59M | -3.92M | -249K | -564K | -690K | -1.95M | -3.11M | -1.87M |
| CapEx % of Revenue | 4.15% | 0.91% | 1.4% | 1.76% | 1.84% | 1.81% | 4.75% | 1.63% | 4.11% | 5.92% | 0.34% | 1.63% | 4.11% | 5.92% | 0.34% | 0.72% | 0.99% | 2.55% | 4.22% | 2.2% |
| Acquisitions | 0 | 0 | -41.54M | 0 | 0 | 0 | 0 | 0 | 0 | -6.97M | 2.76M | 0 | 0 | -6.97M | 2.76M | -3.72M | 0 | 0 | 2.5M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -675.32K | 0 | -109K | 6.46M | 343K | -178K | 2.61M | -345K | 3.46M | 43.17M | 26.59M | -345K | 3.46M | 43.17M | 26.59M | 16.39M | 51.97M | 72.84M | 69.11M | -29.26M |
| Cash from Financing | -690.57K | -7.47M | 46.61M | 91.34M | 169M | 25.46M | -15.96M | -30.1M | 88.94M | 105.78M | 8.47M | -30.1M | 88.94M | 105.78M | 8.47M | -66.23M | -274.19M | -133.11M | 126.23M | -133.51M |
| Debt Issued (Net) | 0 | -647.28K | 58.14M | 0 | -70.74M | -916K | -140.78M | -134.76M | -1.65M | 56.42M | -29.7M | -134.76M | -1.65M | 56.42M | -29.7M | -64.89M | -296.91M | -118.28M | 134.93M | -117.53M |
| Equity Issued (Net) | 0 | 0 | 0 | 92.66M | 243.25M | 38.26M | 129.4M | 117.51M | 84.62M | 53.85M | 47.27M | 117.51M | 84.62M | 53.85M | 47.27M | 0 | 33.8M | 0 | 193K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -690.57K | -6.82M | -11.53M | -1.31M | -3.51M | -11.88M | -4.58M | -12.85M | 5.97M | -4.5M | -9.1M | -12.85M | 5.97M | -4.5M | -9.1M | -1.33M | -11.07M | -14.83M | -8.9M | -15.98M |
| Net Change in Cash | -123.81M | -28.06M | -6.64M | 73.26M | 171.86M | 12.39M | -48.1M | -66.51M | 36.26M | 21.86M | 27.55M | -66.51M | 36.26M | 21.86M | 27.55M | -100.23M | -290.29M | -143.74M | 78.88M | -148.59M |
| Free Cash Flow | -21.56M | -25.75M | -19.36M | -19.13M | -19.44M | -11.83M | -36.3M | -28.58M | -56.44M | -55.71M | -22.14M | -28.58M | -56.44M | -55.71M | -22.14M | -33.05M | -79.84M | -150.92M | -142.85M | -146.09M |
| FCF Margin % | -21.67% | -31.72% | -27.18% | -18.7% | -29.16% | -16.39% | -55.82% | -38.22% | -89.6% | -84.14% | -30.42% | -38.22% | -89.6% | -84.14% | -30.42% | -42.09% | -114.72% | -197.91% | -193.79% | -172.17% |
| FCF Growth % | -10.89% | -117.72% | 46.66% | 33.06% | 65.55% | 78.77% | -63.96% | - | - | - | - | 13.53% | 29.31% | 63.08% | 84.5% | 77.38% | 41.18% | -5.23% | -6.91% | 14.15% |
| FCF per Share | -0.05 | -0.06 | -0.05 | -0.06 | -0.07 | -0.06 | -0.34 | -0.26 | -0.65 | -0.70 | -0.25 | -0.26 | -0.65 | -0.70 | -0.25 | -0.40 | -1.11 | -0.56 | -0.53 | -0.54 |
| FCF Conversion (FCF/Net Income) | 0.31x | 1.72x | 0.12x | 0.20x | 10.97x | 0.25x | 0.15x | 0.22x | 0.42x | 0.41x | 0.24x | 0.22x | 0.42x | 0.41x | 0.24x | 0.15x | 0.25x | 3.90x | 0.20x | 0.55x |
| Interest Paid | 0 | 8.62M | 4.29M | 8.21M | 10.57M | 5.96M | 11.71M | 17.18M | 17.82M | 18.2M | 18.01M | 17.18M | 17.82M | 18.2M | 18.01M | 21.23M | 28.47M | 30.41M | 36.56M | 28.34M |
| Taxes Paid | 0 | 1.95M | 98K | 6K | 0 | 365K | 307K | 218K | 258K | 0 | 531K | 218K | 258K | 0 | 531K | 261K | 1.04M | 245K | 85K | 434K |