Canopy Growth (CGC) Accumulated Expenses (2019 - 2025)

Canopy Growth's (CGC) quarterly Accumulated Expenses came in at $9.1 million in Q4 2025, up 17.43% year-on-year from $7.7 million in Q4 2024, and down 68.25% quarter-over-quarter from $28.7 million in Q3 2025.

Canopy Growth (CGC) Accumulated Expenses (2019 - 2025) Analysis & Trends

Canopy Growth has disclosed Accumulated Expenses across 7 years of filings, most recently posting $9.1 million for Q4 2025.

  • Accumulated Expenses for Q4 2025 came in at $9.1 million, up 17.43% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.1 million (up 17.43% YoY), and the FY2025 annual result was $9.6 million, down 39.94% from the prior year.
  • Accumulated Expenses came in at $9.1 million for Q4 2025 at Canopy Growth, down from $28.7 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $68.4 million in Q3 2021 to a low of $7.7 million in Q4 2024.
  • The 5-year median for Accumulated Expenses is $20.2 million (2022), against an average of $28.3 million.
  • Across the five-year window, Accumulated Expenses surged 1277.91% in 2021 and slumped 77.5% in 2023, its largest moves.
  • Canopy Growth's Accumulated Expenses stood at $17.9 million in 2021, then jumped by 212.78% to $56.0 million in 2022, then plunged by 77.5% to $12.6 million in 2023, then plunged by 38.49% to $7.7 million in 2024, then increased by 17.43% to $9.1 million in 2025.
  • The last three Accumulated Expenses figures came in at $9.1 million (Q4 2025), $28.7 million (Q3 2025), and $11.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 39.97 Bn 36.23 Bn 1.97 Bn
2 Zoetis 33.59 Bn 31.65 Bn 1.62 Bn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn
4 Neurocrine Biosciences 16.10 Bn 14.78 Bn 800.70 Mn
5 Aurora Cannabis 15.56 Bn 15.47 Bn 21.72 Mn
6 Elanco Animal Health 12.04 Bn 11.61 Bn 785.00 Mn
7 Alkermes 7.36 Bn 6.84 Bn -116.06 Mn
8 Lantheus Holdings 6.74 Bn 6.24 Bn 230.92 Mn
9 Liquidia 6.27 Bn 6.04 Bn 121.79 Mn
10 Canopy Growth 11.16 Mn -137.54 Mn 15.39 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 9.10 Mn
Sep 30, 2025 28.65 Mn
Jun 30, 2025 11.74 Mn
Mar 31, 2025 9.57 Mn
Dec 31, 2024 7.75 Mn
Sep 30, 2024 31.33 Mn
Jun 30, 2024 15.83 Mn
Mar 31, 2024 15.93 Mn
Dec 31, 2023 12.60 Mn
Sep 30, 2023 12.21 Mn
Jun 30, 2023 56.15 Mn
Mar 31, 2023 20.21 Mn
Dec 31, 2022 55.98 Mn
Sep 30, 2022 20.14 Mn
Jun 30, 2022 46.99 Mn
Mar 31, 2022 59.43 Mn
Dec 31, 2021 17.90 Mn
Sep 30, 2021 68.38 Mn
Jun 30, 2021 29.34 Mn
Mar 31, 2021 37.32 Mn