Canopy Growth Corporation (CGC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 71.25M | 102.28M | 66.68M | 72.13M | 65.03M | 74.76M | 62.99M | 66.21M | 72.79M | 78.5M | 69.59M | 76.26M | 73.71M | 84.85M | 87.94M | 105.92M | 111.77M | 140.97M | 131.37M | 136.21M |
| Revenue Growth % | 9.56% | 36.81% | 5.86% | 8.94% | -10.66% | -4.77% | -9.49% | -13.17% | -1.25% | -7.48% | -20.86% | -28% | -34.05% | -39.81% | -33.06% | -22.24% | -24.7% | -7.58% | -2.88% | 23.36% |
| Cost of Goods Sold | 62.98M | 72.83M | 44.78M | 54.1M | 54.49M | 50.66M | 41.15M | 43.18M | 57.32M | 50.28M | 46.17M | 62.5M | 177.84M | 79.62M | 88.55M | 111.51M | 271.01M | 130.88M | 202.51M | 108.97M |
| COGS % of Revenue | 88.4% | 71.2% | 67.15% | 74.99% | 83.79% | 67.77% | 65.33% | 65.22% | 78.75% | 64.05% | 66.34% | 81.95% | 241.26% | 93.84% | 100.69% | 105.27% | 242.47% | 92.84% | 154.15% | 80% |
| Gross Profit | 8.26M | 29.45M | 21.91M | 18.04M | 10.54M | 24.1M | 21.84M | 23.03M | 15.47M | 28.23M | 23.43M | 13.76M | -104.13M | 5.23M | -611K | -5.59M | -159.24M | 10.09M | -71.14M | 27.24M |
| Gross Margin % | 11.6% | 28.8% | 32.85% | 25.01% | 16.21% | 32.23% | 34.67% | 34.78% | 21.25% | 35.95% | 33.66% | 18.05% | -141.26% | 6.16% | -0.69% | -5.27% | -142.47% | 7.16% | -54.15% | 20% |
| Gross Profit Growth % | -21.65% | 22.23% | 0.31% | -21.68% | -31.83% | -14.62% | -6.78% | 67.35% | 114.85% | 439.9% | 3934.04% | 346.37% | 34.61% | -48.19% | 99.14% | -120.51% | -1724.92% | -58.96% | -372.78% | 319.37% |
| Operating Expenses | 35.73M | 65.61M | 38.8M | 40.66M | 28.81M | 47.92M | 67.78M | 52.14M | 122.21M | 88.54M | 30.43M | 68.41M | 576.33M | 117.92M | 148.56M | 1.84B | 370.4M | 160.05M | 144.22M | 214.95M |
| OpEx % of Revenue | 50.16% | 64.15% | 58.18% | 56.37% | 44.31% | 64.1% | 107.6% | 78.75% | 167.89% | 112.79% | 43.73% | 89.71% | 781.85% | 138.97% | 168.93% | 1734.17% | 331.4% | 113.53% | 109.78% | 157.81% |
| Selling, General & Admin | 31.17M | 40.87M | 31.54M | 30.43M | 8.81M | 37.59M | 37M | 38.31M | 41.27M | 46.06M | 42.45M | 49.96M | 97.28M | 69.78M | 76.06M | 86.99M | 103.72M | 98.6M | 116.03M | 97.33M |
| SG&A % of Revenue | 43.75% | 39.96% | 47.3% | 42.19% | 13.55% | 50.28% | 58.74% | 57.85% | 56.71% | 58.68% | 60.99% | 65.51% | 131.98% | 82.24% | 86.48% | 82.13% | 92.8% | 69.94% | 88.32% | 71.46% |
| Research & Development | 0 | 0 | 0 | 0 | 2.74M | 0 | 0 | 0 | 843K | 1.31M | 1.1M | 1.35M | 4.37M | 4.91M | 5.49M | 6.95M | 8.73M | 6.51M | 8.76M | 8.34M |
| R&D % of Revenue | - | - | - | - | 4.22% | - | - | - | 1.16% | 1.67% | 1.59% | 1.77% | 5.93% | 5.78% | 6.24% | 6.56% | 7.81% | 4.62% | 6.67% | 6.12% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -27.47M | -36.16M | -16.89M | -22.62M | -18.27M | -23.82M | -45.94M | -29.11M | -106.74M | -60.32M | -7.01M | -54.65M | -680.46M | -112.69M | -149.17M | -1.84B | -529.64M | -149.96M | -215.36M | -187.71M |
| Operating Margin % | -38.56% | -35.35% | -25.33% | -31.36% | -28.09% | -31.86% | -72.94% | -43.96% | -146.64% | -76.83% | -10.07% | -71.67% | -923.11% | -132.81% | -169.63% | -1739.45% | -473.87% | -106.38% | -163.93% | -137.81% |
| Operating Income Growth % | -50.38% | -51.77% | 63.23% | 22.28% | 82.88% | 60.5% | -555.67% | 46.74% | 84.31% | 46.48% | 95.3% | 97.03% | -28.47% | 24.85% | 30.73% | -881.52% | -127.12% | 72.91% | 24.24% | -8.9% |
| EBITDA | -18.82M | -23.94M | -7.65M | -12.95M | -6.8M | -13.51M | -35.64M | -18.08M | -95.44M | -48.08M | 5.52M | -37.54M | -659.68M | -93.38M | -129.6M | -1.82B | -499.15M | -119.94M | -186.58M | -162.58M |
| EBITDA Margin % | -26.42% | -23.4% | -11.47% | -17.96% | -10.46% | -18.07% | -56.57% | -27.3% | -131.13% | -61.24% | 7.94% | -49.23% | -894.94% | -110.06% | -147.37% | -1718.82% | -446.59% | -85.08% | -142.02% | -119.36% |
| EBITDA Growth % | -176.66% | -77.2% | 78.54% | 28.34% | 92.87% | 71.9% | -745.23% | 51.84% | 85.53% | 48.52% | 104.26% | 97.94% | -32.16% | 22.15% | 30.54% | -1019.81% | -144.36% | 76.99% | 26.11% | -17.53% |
| D&A (Non-Cash Add-back) | 8.65M | 12.22M | 9.24M | 9.67M | 11.47M | 10.31M | 10.31M | 11.03M | 11.29M | 12.24M | 12.53M | 17.11M | 20.77M | 19.31M | 19.57M | 21.85M | 30.49M | 30.02M | 28.78M | 25.13M |
| EBIT | -145.65M | -75.36M | 7.38M | -31.5M | -205.79M | -104.81M | -109.97M | -101.85M | -74.98M | -206.73M | -107.93M | 23.63M | -704.22M | -194.89M | -157.78M | -2.06B | -560.75M | -89.27M | 7.11M | 417.42M |
| Net Interest Income | -8.45M | -5.82M | -6.83M | -8.68M | -12.98M | -14.82M | -18.86M | -19.09M | -18.73M | -22.07M | -23.96M | -24.35M | -27.14M | -26.24M | -25.55M | -22.95M | -21.34M | -24.83M | -23.89M | -21.92M |
| Interest Income | 3.86M | 4.25M | 1.98M | 1.06M | 2.4M | 1.94M | 2.42M | 2.06M | 2.4M | 2.55M | 3.45M | 7.83M | 8.36M | 7.05M | 4.92M | 3.95M | -300.5K | 1.57M | 2.75M | 2.65M |
| Interest Expense | 12.31M | 10.07M | 8.8M | 9.74M | 15.38M | 16.77M | 21.28M | 21.14M | 21.13M | 24.62M | 27.41M | 32.19M | 35.5M | 33.29M | 30.47M | 26.9M | 21.04M | 26.41M | 26.65M | 24.56M |
| Other Income/Expense | -130.49M | -49.27M | 15.47M | -18.61M | -202.9M | -97.76M | -85.31M | -93.89M | 10.63M | -171.04M | -128.33M | 46.1M | -59.26M | -115.49M | -39.07M | -245.58M | -57.43M | 34.28M | 195.82M | 580.57M |
| Pretax Income | -157.97M | -85.43M | -1.43M | -41.24M | -221.17M | -121.58M | -131.25M | -123M | -96.11M | -231.35M | -135.34M | -8.55M | -739.72M | -228.18M | -188.25M | -2.09B | -587.07M | -115.68M | -19.54M | 392.86M |
| Pretax Margin % | -221.72% | -83.52% | -2.14% | -57.17% | -340.1% | -162.62% | -208.36% | -185.76% | -132.04% | -294.7% | -194.47% | -11.21% | -1003.51% | -268.92% | -214.06% | -1971.3% | -525.25% | -82.06% | -14.87% | 288.42% |
| Income Tax | -850K | 504.94K | 214K | 291K | 329K | 316K | 302K | 6.19M | -1.44M | -1.08M | 12.82M | 2.02M | -16.36M | -1.34M | 8.22M | 3.75M | -8.46M | -183K | -3.21M | 2.9M |
| Effective Tax Rate % | 0.54% | -0.59% | -15.02% | -0.71% | -0.15% | -0.26% | -0.23% | -5.04% | 1.49% | 0.47% | -9.47% | -23.6% | 2.21% | 0.59% | -4.37% | -0.18% | 1.44% | 0.16% | 16.41% | 0.74% |
| Net Income | -157.12M | -85.93M | -1.64M | -41.53M | -220.79M | -121.9M | -128.29M | -127.14M | -92.34M | -216.8M | -310.01M | -38.12M | -711.62M | -259.46M | -292.17M | -2.09B | -574.62M | -108.92M | -11.06M | 392.42M |
| Net Margin % | -220.53% | -84.02% | -2.46% | -57.57% | -339.51% | -163.05% | -203.67% | -192.02% | -126.86% | -276.16% | -445.45% | -49.99% | -965.39% | -305.79% | -332.23% | -1969.83% | -514.11% | -77.27% | -8.42% | 288.1% |
| Net Income Growth % | 28.84% | 29.5% | 98.72% | 67.34% | -139.11% | 43.77% | 58.62% | -233.51% | 87.02% | 16.44% | -6.11% | 98.17% | -23.84% | -138.21% | -2542.16% | -631.69% | 17.91% | 87.96% | 65.51% | 461.67% |
| Net Income (Continuing) | -157.12M | -85.93M | -1.64M | -41.53M | -221.5M | -121.9M | -131.55M | -129.19M | -94.67M | -230.28M | -148.16M | -10.57M | -723.36M | -226.84M | -196.47M | -2.09B | -578.61M | -115.5M | -16.33M | 389.95M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 713K | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 139K | 139K | 139K | 1.19M | 1.59M | 10.48M | 28.08M | 32.35M | 36.84M | 57.62M | 58.83M | 140.27M |
| EPS (Diluted) | -0.40 | -0.25 | -0.01 | -0.22 | -1.43 | -1.11 | -1.48 | -1.60 | -1.03 | -2.61 | -4.33 | -0.14 | -2.38 | -0.98 | -0.49 | -5.24 | -1.47 | -0.29 | -0.03 | 0.84 |
| EPS Growth % | 72.03% | 77.48% | 99.59% | 86.25% | -38.83% | 57.47% | 65.82% | -1042.86% | 56.72% | -166.33% | -783.67% | 97.33% | -61.9% | -237.93% | -1643.77% | -723.81% | 20.54% | 88.07% | 67.44% | 380% |
| EPS (Basic) | -0.40 | -0.25 | -0.01 | -0.22 | -1.43 | -1.11 | -1.48 | -1.60 | -1.03 | -2.61 | -4.33 | -0.14 | -2.38 | -0.98 | -0.49 | -5.24 | -1.47 | -0.30 | -0.03 | 10.22 |
| Diluted Shares Outstanding | 384.99M | 345.53M | 274.03M | 188.32M | 107.55M | 110.31M | 86.83M | 79.24M | 89.5M | 82.92M | 71.63M | 271.61M | 271.61M | 271.61M | 471.59M | 398.47M | 394.25M | 393.82M | 393.27M | 404.55M |
| Basic Shares Outstanding | 384.99M | 345.53M | 274.03M | 188.32M | 107.55M | 110.31M | 86.83M | 79.24M | 89.5M | 82.92M | 71.63M | 271.61M | 271.61M | 271.61M | 471.59M | 398.18M | 394.03M | 389.02M | 393.27M | 384.06M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |