Canopy Growth Corporation most recently reported annual revenue of $285.0M, a net loss of $263.0M. Revenue declined at an average annual rate of 12.2% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Canopy Growth Corporation: Revenue rose from $40.0M in 2017 to $285.0M in 2026, a change of +612.5% over 9 years; net profit was positive in 0 of 10 reported years; operating margin moved from -35.3% to -25.7%, a shift of +9.6 percentage points; the most recent year shows a net loss of $263.0M.
Income Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Revenue
$40.0M
$78.0M
$226.0M
$399.0M
$547.0M
$476.0M
$333.0M
$297.0M
$269.0M
$285.0M
Operating Expenses
$54.0M
$186.0M
$842.0M
$2.1B
$1.8B
$1.5B
$3.0B
$526.0M
$386.0M
$358.0M
Operating Profit
$-14.0M
$-108.0M
$-615.0M
$-1.7B
$-1.2B
$-1.0B
$-2.6B
$-229.0M
$-117.0M
$-73.0M
Operating Margin
-35.3%
-138.3%
-271.8%
-418.5%
-227.5%
-214.2%
-789.3%
-77.0%
-43.5%
-25.7%
Other Income
$4.0M
$68.0M
$-94.0M
$160.0M
$-441.0M
$751.0M
$-456.0M
$-243.0M
$-480.0M
$-190.0M
Interest
$0
$1.0M
$18.0M
$7.0M
$8.0M
$104.0M
$126.0M
$105.0M
$75.0M
$38.0M
Depreciation
$6.0M
$20.0M
$47.0M
$125.0M
$127.0M
$111.0M
$80.0M
$53.0M
$43.0M
$36.0M
Profit Before Tax
$-10.0M
$-51.0M
$-709.0M
$-1.5B
$-1.7B
$-268.0M
$-3.1B
$-471.0M
$-597.0M
$-263.0M
Tax
$-26.3M
$760,000
$-580,000
$8.1M
$780,000
$3.3M
$190,000
$-2.6M
$-1.2M
$-10,000
Net Profit
$-8.0M
$-67.0M
$-736.0M
$-1.3B
$-1.7B
$-310.0M
$-3.3B
$-657.0M
$-598.0M
$-263.0M
EPS
$-0.14
$-0.31
$-1.99
$-3.90
$-4.45
$-7.70
$-70.70
$-8.79
$-5.53
$-0.88
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
8 duplicate period labels in the source data were collapsed.
Metric
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$70.0M
$79.0M
$73.0M
$66.0M
$63.0M
$75.0M
$65.0M
$72.0M
$67.0M
$102.0M
$71.0M
$81.0M
Operating Expenses
$77.0M
$139.0M
$180.0M
$95.0M
$109.0M
$99.0M
$69.0M
$95.0M
$84.0M
$138.0M
$99.0M
$103.0M
Operating Profit
$-7.0M
$-60.0M
$-107.0M
$-29.0M
$-46.0M
$-24.0M
$-4.0M
$-23.0M
$-17.0M
$-36.0M
$-27.0M
$-22.0M
Operating Margin
-10.1%
-76.8%
-146.6%
-44.0%
-72.9%
-31.9%
-6.8%
-31.4%
-25.3%
-35.4%
-38.6%
-27.2%
Interest
$27.0M
$25.0M
$21.0M
$21.0M
$21.0M
$17.0M
$15.0M
$10.0M
$9.0M
$10.0M
$12.0M
$13.0M
Profit Before Tax
$-135.0M
$-231.0M
$-96.0M
$-123.0M
$-131.0M
$-122.0M
$-221.0M
$-41.0M
$-1.0M
$-85.0M
$-158.0M
$-15.0M
Tax
$-9.5M
$470,000
$1.5M
$-5.0M
$-230,000
$-260,000
$-150,000
$-710,000
$-15.0M
$-590,000
$540,000
$880,000
Net Profit
$-310.0M
$-217.0M
$-92.0M
$-127.0M
$-128.0M
$-122.0M
$-221.0M
$-42.0M
$-2.0M
$-86.0M
$-157.0M
$-15.0M
EPS
$-4.33
$-2.61
$-1.03
$-1.60
$-1.48
$-1.11
$-1.43
$-0.22
$-0.01
$-0.25
$-0.40
$-0.03
Over the 10 years reported for Canopy Growth Corporation, borrowings increased from $10.0M in 2017 to $279.0M in 2026, cash stood at $365.0M in the latest year, shareholders' equity was $9.2B, current assets covered current liabilities 3.35 times.
Balance Sheet — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
$678.0M
$1.4B
$8.7B
$4.8B
$6.8B
$5.6B
$2.4B
$1.3B
$918.0M
$1.1B
Current Assets
$179.0M
$482.0M
$4.9B
$1.8B
$2.8B
$1.7B
$1.1B
$371.0M
$295.0M
$529.0M
Cash
$102.0M
$323.0M
$2.5B
$916.0M
$1.2B
$776.0M
$668.0M
$170.0M
$114.0M
$365.0M
Inventory
$61.0M
$118.0M
$190.0M
$275.0M
$369.0M
$205.0M
$83.0M
$77.0M
$96.0M
$154.0M
Receivables
$6.0M
$21.0M
$107.0M
$63.0M
$67.0M
$87.0M
$68.0M
$52.0M
$53.0M
$36.0M
Fixed Assets
$96.0M
$304.0M
$1.1B
$1.1B
$1.1B
$943.0M
$471.0M
$320.0M
$294.0M
$441.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$24.0M
$227.0M
$2.5B
$710.0M
$1.8B
$937.0M
$674.0M
$169.0M
$53.0M
$113.0M
Other Assets
$241.0M
$315.0M
$1.5B
$1.4B
$1.9B
$1.9B
$86.0M
$43.0M
$46.0M
$78.0M
Total Liabilities
$63.0M
$194.0M
$1.5B
$1.2B
$3.2B
$2.0B
$1.7B
$800.0M
$430.0M
$421.0M
Current Liabilities
$18.0M
$92.0M
$412.0M
$295.0M
$284.0M
$213.0M
$804.0M
$235.0M
$94.0M
$158.0M
Borrowings
$10.0M
$8.0M
$946.0M
$440.0M
$1.7B
$1.6B
$1.4B
$668.0M
$348.0M
$279.0M
Other Liabilities
$53.0M
$185.0M
$544.0M
$741.0M
$1.5B
$345.0M
$266.0M
$132.0M
$82.0M
$142.0M
Equity
$622.0M
$1.1B
$6.0B
$4.5B
$7.2B
$7.5B
$7.9B
$8.2B
$8.8B
$9.2B
Reserves
$640.0M
$1.2B
$6.8B
$3.4B
$3.5B
$3.6B
$758.0M
$500.0M
$487.0M
$698.0M
For Canopy Growth Corporation, operating cash flow was positive in 0 of 10 reported years; free cash flow in the latest year was negative at $70.0M; free cash flow was positive in 0 of 10 years; financing activities used $28.0M in the latest year, which covers debt repayment, dividends and buybacks.
What is Canopy Growth Corporation's annual revenue?
Canopy Growth Corporation (CGC) reported annual revenue of $285.0M in its most recent fiscal year.
What is Canopy Growth Corporation's net profit?
Canopy Growth Corporation (CGC) reported a net loss of $263.0M in its most recent fiscal year.
What is CGC EV/EBITDA?
Canopy Growth Corporation's enterprise value to EBITDA (EV/EBITDA) ratio is -5.10. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.