Canopy Growth (CGC) Accumulated Expenses (2019 - 2026)
Canopy Growth's Accumulated Expenses came in at $34.06 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 1.4% from $33.58 million a year earlier and up 8.6% from the prior quarter.
Canopy Growth (CGC) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Mar 31, 2026), Canopy Growth's Accumulated Expenses was $31.11 million, up 12.0% from FY2025.
- Accumulated Expenses carries a five-year compound annual growth rate of -16.4% (FY2021 to FY2026).
- Going back by fiscal year, Accumulated Expenses was $27.78 million in FY2025 (-30.7%), $40.08 million in FY2024 (-1.5%), $40.68 million in FY2023 (-32.3%) and $60.06 million in FY2022 (-21.3%).
- The fiscal Q1 2027 figure represents the highest quarterly Accumulated Expenses since fiscal Q1 2025.
- Year-over-year, Accumulated Expenses has increased for three consecutive quarters, with an average decline of 7.7% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in fiscal Q1 2024 (growth of 19.5%), and the weakest in fiscal Q2 2024 (a decline of 43.3%).
- Business Quant data shows CGC's Accumulated Expenses at $31.36 million (Q4 2026), $31.38 million (Q3 2026) and $28.65 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Canopy Growth | 380.72 Mn | -626.47 Mn | 16.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.06 Mn |
| Mar 31, 2026 | 31.36 Mn |
| Dec 31, 2025 | 31.38 Mn |
| Sep 30, 2025 | 28.65 Mn |
| Jun 30, 2025 | 33.58 Mn |
| Mar 31, 2025 | 26.91 Mn |
| Dec 31, 2024 | 26.62 Mn |
| Sep 30, 2024 | 31.33 Mn |
| Jun 30, 2024 | 37.50 Mn |
| Mar 31, 2024 | 40.10 Mn |
| Dec 31, 2023 | 36.56 Mn |
| Sep 30, 2023 | 38.54 Mn |
| Jun 30, 2023 | 56.15 Mn |
| Mar 31, 2023 | 39.75 Mn |
| Dec 31, 2022 | 55.98 Mn |
| Sep 30, 2022 | 67.92 Mn |
| Jun 30, 2022 | 46.99 Mn |
| Mar 31, 2022 | 59.43 Mn |
| Dec 31, 2021 | 60.30 Mn |
| Sep 30, 2021 | 68.38 Mn |
Canopy Growth Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();