Canopy Growth Corporation (CGC) quarterly income statement — complete revenue, gross profit & net income history
Canopy Growth Corporation (CGC) annual income statement — 18-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 99.51M | 81.17M | 71.25M | 102.28M | 66.68M | 72.13M | 65.03M | 74.76M | 62.99M | 66.21M | 72.79M | 74.76M | 62.99M | 66.21M | 72.79M | 78.5M | 69.59M | 76.26M | 73.71M | 84.85M |
| Revenue Growth % | 49.22% | 12.52% | 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% |
| Cost of Goods Sold | 105.6M | 58.93M | 62.98M | 72.83M | 44.78M | 54.1M | 54.49M | 50.66M | 41.15M | 43.18M | 57.32M | 50.66M | 41.15M | 43.18M | 57.32M | 50.28M | 46.17M | 62.5M | 177.84M | 79.62M |
| COGS % of Revenue | 106.12% | 72.6% | 88.4% | 71.2% | 67.15% | 74.99% | 83.79% | 67.77% | 65.33% | 65.22% | 78.75% | 67.77% | 65.33% | 65.22% | 78.75% | 64.05% | 66.34% | 81.95% | 241.26% | 93.84% |
| Gross Profit | 23.36M | 22.24M | 8.26M | 29.45M | 21.91M | 18.04M | 10.54M | 24.1M | 21.84M | 23.03M | 15.47M | 24.1M | 21.84M | 23.03M | 15.47M | 28.23M | 23.43M | 13.76M | -104.13M | 5.23M |
| Gross Margin % | 23.47% | 27.4% | 11.6% | 28.8% | 32.85% | 25.01% | 16.21% | 32.23% | 34.67% | 34.78% | 21.25% | 32.23% | 34.67% | 34.78% | 21.25% | 35.95% | 33.66% | 18.05% | -141.26% | 6.16% |
| Gross Profit Growth % | 6.62% | 23.28% | -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% |
| Operating Expenses | 46.32M | 44.35M | 35.73M | 65.61M | 38.8M | 40.66M | 14.93M | 47.92M | 67.78M | 52.14M | 122.21M | 47.92M | 67.78M | 52.14M | 122.21M | 88.54M | 30.43M | 68.41M | 576.33M | 117.92M |
| OpEx % of Revenue | 46.55% | 54.64% | 50.16% | 64.15% | 58.18% | 56.37% | 22.96% | 64.1% | 107.6% | 78.75% | 167.89% | 64.1% | 107.6% | 78.75% | 167.89% | 112.79% | 43.73% | 89.71% | 781.85% | 138.97% |
| Selling, General & Admin | 55.04M | 40.22M | 31.17M | 40.87M | 31.54M | 30.43M | 8.81M | 37.59M | 37M | 38.31M | 41.27M | 37.59M | 37M | 38.31M | 41.27M | 46.06M | 42.45M | 49.96M | 97.28M | 69.78M |
| SG&A % of Revenue | 55.31% | 49.56% | 43.75% | 39.96% | 47.3% | 42.19% | 13.55% | 50.28% | 58.74% | 57.85% | 56.71% | 50.28% | 58.74% | 57.85% | 56.71% | 58.68% | 60.99% | 65.51% | 131.98% | 82.24% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 843K | 0 | 0 | 0 | 843K | 1.31M | 1.1M | 1.35M | 4.37M | 4.91M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | 1.16% | - | - | - | 1.16% | 1.67% | 1.59% | 1.77% | 5.93% | 5.78% |
| 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 | -22.96M | -22.11M | -27.47M | -36.16M | -16.89M | -22.62M | -4.39M | -23.82M | -45.94M | -29.11M | -106.74M | -23.82M | -45.94M | -29.11M | -106.74M | -60.32M | -7.01M | -54.65M | -680.46M | -112.69M |
| Operating Margin % | -23.08% | -27.24% | -38.56% | -35.35% | -25.33% | -31.36% | -6.75% | -31.86% | -72.94% | -43.96% | -146.64% | -31.86% | -72.94% | -43.96% | -146.64% | -76.83% | -10.07% | -71.67% | -923.11% | -132.81% |
| Operating Income Growth % | -35.92% | 2.27% | -525.97% | -51.77% | 63.23% | 22.28% | 95.89% | - | - | - | - | 60.5% | -555.67% | 46.74% | 84.31% | 46.48% | 95.3% | 97.03% | -28.47% | 24.85% |
| EBITDA | -31.84M | -12.08M | -18.82M | -27.25M | -7.65M | -12.95M | 7.08M | -13.51M | -35.64M | -18.08M | -95.44M | -13.51M | -35.64M | -18.08M | -95.44M | -48.08M | 5.52M | -37.54M | -659.68M | -93.38M |
| EBITDA Margin % | -32% | -14.88% | -26.42% | -26.64% | -11.47% | -17.96% | 10.88% | -18.07% | -56.57% | -27.3% | -131.13% | -18.07% | -56.57% | -27.3% | -131.13% | -61.24% | 7.94% | -49.23% | -894.94% | -110.06% |
| EBITDA Growth % | -316.3% | 6.78% | -365.91% | -101.74% | 78.54% | 28.34% | 107.42% | - | - | - | - | 71.9% | -745.23% | 51.84% | 85.53% | 48.52% | 104.26% | 97.94% | -32.16% | 22.15% |
| D&A (Non-Cash Add-back) | 0 | 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 |
| EBIT | 0 | -14.71M | -145.65M | -75.36M | 7.38M | -31.5M | -205.79M | -104.81M | -109.97M | -101.85M | -74.98M | -104.81M | -109.97M | -101.85M | -74.98M | -206.73M | -107.93M | 23.63M | -704.22M | -194.89M |
| Net Interest Income | 0 | -9.44M | -8.45M | -5.82M | -6.83M | -8.68M | -12.98M | -14.82M | -18.86M | -19.09M | -18.73M | -14.82M | -18.86M | -19.09M | -18.73M | -22.07M | -23.96M | -24.35M | -27.14M | -26.24M |
| Interest Income | 0 | 3.23M | 3.86M | 4.25M | 1.98M | 1.06M | 2.4M | 1.94M | 2.42M | 2.06M | 2.4M | 1.94M | 2.42M | 2.06M | 2.4M | 2.55M | 3.45M | 7.83M | 8.36M | 7.05M |
| Interest Expense | 0 | 12.68M | 12.31M | 10.07M | 8.8M | 9.74M | 15.38M | 16.77M | 21.28M | 21.14M | 21.13M | 16.77M | 21.28M | 21.14M | 21.13M | 24.62M | 27.41M | 32.19M | 35.5M | 33.29M |
| Other Income/Expense | -18.53M | 7.4M | -130.49M | -49.27M | 15.47M | -18.61M | -216.78M | -97.76M | -85.31M | -93.89M | 10.63M | -97.76M | -85.31M | -93.89M | 10.63M | -171.04M | -128.33M | 46.1M | -59.26M | -115.49M |
| Pretax Income | -41.49M | -14.71M | -157.97M | -85.43M | -1.43M | -41.24M | -221.17M | -121.58M | -131.25M | -123M | -96.11M | -121.58M | -131.25M | -123M | -96.11M | -231.35M | -135.34M | -8.55M | -739.72M | -228.18M |
| Pretax Margin % | -41.7% | -18.12% | -221.72% | -83.52% | -2.14% | -57.17% | -340.1% | -162.62% | -208.36% | -185.76% | -132.04% | -162.62% | -208.36% | -185.76% | -132.04% | -294.7% | -194.47% | -11.21% | -1003.51% | -268.92% |
| Income Tax | 800K | -129K | -850K | 504.94K | 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 |
| Effective Tax Rate % | -1.93% | 0.88% | 0.54% | -0.59% | -15.02% | -0.71% | -0.15% | -0.26% | -0.23% | -5.04% | 1.49% | -0.26% | -0.23% | -5.04% | 1.49% | 0.47% | -9.47% | -23.6% | 2.21% | 0.59% |
| Net Income | -56.43M | -14.58M | -157.12M | -85.93M | -1.64M | -41.53M | -220.79M | -121.9M | -128.29M | -127.14M | -92.34M | -121.9M | -128.29M | -127.14M | -92.34M | -216.8M | -310.01M | -38.12M | -711.62M | -259.46M |
| Net Margin % | -56.71% | -17.96% | -220.53% | -84.02% | -2.46% | -57.57% | -339.51% | -163.05% | -203.67% | -192.02% | -126.86% | -163.05% | -203.67% | -192.02% | -126.86% | -276.16% | -445.45% | -49.99% | -965.39% | -305.79% |
| Net Income Growth % | -3342.95% | 64.89% | 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% |
| Net Income (Continuing) | -56.43M | -14.58M | -157.12M | -85.93M | -1.64M | -41.53M | -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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 713K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 0 | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 139K | 0 | 0 | 0 | 139K | 139K | 139K | 1.19M | 1.59M | 10.48M |
| EPS (Diluted) | -0.14 | -0.03 | -0.40 | -0.25 | -0.01 | -0.22 | -1.43 | -1.11 | -1.48 | -1.60 | -1.03 | -1.11 | -1.48 | -1.60 | -1.03 | -2.61 | -4.33 | -0.14 | -2.38 | -0.98 |
| EPS Growth % | - | 86.36% | 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% |
| EPS (Basic) | -0.14 | -0.03 | -0.40 | -0.25 | -0.01 | -0.22 | -1.43 | -1.11 | -1.48 | -1.60 | -1.03 | -1.11 | -1.48 | -1.60 | -1.03 | -2.61 | -4.33 | -0.14 | -2.38 | -0.98 |
| Diluted Shares Outstanding | 423.11M | 422.26M | 384.99M | 345.53M | 274.03M | 188.32M | 107.55M | 110.31M | 86.83M | 79.24M | 89.5M | 110.31M | 86.83M | 79.24M | 89.5M | 82.92M | 71.63M | 271.61M | 271.61M | 271.61M |
| Basic Shares Outstanding | 423.11M | 422.26M | 384.99M | 345.53M | 274.03M | 188.32M | 107.55M | 110.31M | 86.83M | 79.24M | 89.5M | 110.31M | 86.83M | 79.24M | 89.5M | 82.92M | 71.63M | 271.61M | 271.61M | 271.61M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |