Canopy Growth Corporation (CGC) — Financial statements
Income statement, balance sheet, and cash flow for Canopy Growth Corporation — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 484↑79.8% | 269↓9.5% | 297↓10.8% | 333↓29.9% | 476 | |
| Cost of Revenue | 387↑104.0% | 189↓12.4% | 216↓45.5% | 397↓40.2% | 663 | |
| Gross Profit | 97↑22.2% | 80↓1.7% | 81↑227.3% | -64↑66.1% | -187 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00↓100.0% | 5↓78.8% | 22↓32.7% | 32 | |
| General & Administrative Expenses | 60↓1.7% | 61↓41.7% | 104↓35.0% | 161↓7.0% | 173 | |
| Selling & Marketing Expenses | 63↑3.7% | 61↓20.1% | 76↓44.6% | 137↓27.1% | 188 | |
| SG&A Expenses | 223↑83.3% | 122↓32.6% | 181↓39.4% | 298↓17.5% | 361 | |
| Other Expenses | 99↑32.8% | 75↓39.8% | 124↓94.5% | 2,247↑413.0% | 438 | |
| Operating Expenses | 323↑64.0% | 197↓36.5% | 310↓87.9% | 2,567↑208.8% | 831 | |
| Total Costs & Expenses | 709↑83.6% | 386↓26.6% | 526↓82.3% | 2,964↑98.3% | 1,494 | |
| Operating Results | ||||||
| Operating Income | -162↓38.0% | -117↑48.8% | -229↑91.3% | -2,631↓158.2% | -1,019 | |
| Depreciation & Amortization | 51↑18.0% | 43↓18.9% | 53↓33.6% | 80↓27.9% | 111 | |
| EBITDA | 51↑110.6% | -479↓53.2% | -313↑89.1% | -2,880↓5336.5% | -53 | |
| EBIT | -73↑86.0% | -522↓42.7% | -366↑87.6% | -2,960↓1705.8% | -164 | |
| Interest & Other Income | ||||||
| Net Interest Income | -28↑57.1% | -66↑26.2% | -89↑12.5% | -102↓4.7% | -97 | |
| Interest Income | 10↑13.4% | 9↓45.7% | 16↓33.1% | 24↑267.9% | 7 | |
| Interest Expense | 38↓48.8% | 75↓29.2% | 105↓16.5% | 126↑21.4% | 104 | |
| Non-Operating Income | 0.00↓100.0% | 405↑195.2% | 137↓58.3% | 329↑138.5% | -855 | |
| Other Income / Expenses | -101↑78.9% | -480↓97.8% | -243↑46.7% | -456↓160.7% | 751 | |
| Income Before Tax | -263↑56.0% | -597↓26.7% | -471↑84.7% | -3,086↓1052.2% | -268 | |
| Income Tax Expense | 0.02↓99.7% | 7↓42.1% | 12↑315.2% | -6↑36.0% | -9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -367↑39.3% | -604↓24.9% | -484↑84.3% | -3,080↓1089.8% | -259 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 6↑103.1% | -192↑16.2% | -229↓219.7% | -72 | |
| Net Income | -367↑38.7% | -598↑9.0% | -657↑80.0% | -3,278↓957.3% | -310 | |
| Bottom-Line Net Income | -367↑38.7% | -598↑9.0% | -657↑80.0% | -3,278↓957.3% | -310 | |
| EPS (Basic) | -0.88↑84.1% | -5.53↑14.5% | -6.47↑90.8% | -70.70↓818.2% | -7.70 | |
| EPS (Diluted) | -0.88↑84.1% | -5.53↑37.1% | -8.79↑87.6% | -70.70↓818.2% | -7.70 | |
| Weighted Average Shares | 2,980↑2671.1% | 108↑5.8% | 102↑119.2% | 46↑18.5% | 39 | |
| Weighted Average Diluted Shares | 2,980↑2671.1% | 108↑43.8% | 75↑61.3% | 46↑18.5% | 39 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.