Canopy Growth CGC
NASDAQ CGC
$0.96 0.00 (-0.18%)
As of: Sep 9, 2026 · 1:50 PM EDT

Canopy Growth (CGC) Cost of Revenue (2019 - 2026)

Canopy Growth's (CGC) quarterly Cost of Revenue came in at $42.6 million in Q2 2026, up 9.11% year-over-year from $39.0 million in Q2 2025, and down 60.9% quarter-over-quarter from $109.0 million in Q4 2025.

Analysis

Canopy Growth (CGC) Cost of Revenue (2019 - 2026) Analysis & Trends

Canopy Growth has disclosed Cost of Revenue across 8 years of filings, most recently posting $42.6 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 9.11% year-over-year to $42.6 million; the TTM figure through Jun 2026 stood at $223.1 million (up 62.82% YoY), while the FY2026 annual figure was $156.7 million, up 18.69% from the prior year.
  • Cost of Revenue came in at $42.6 million for Q2 2026 at Canopy Growth, down from $109.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $174.3 million in Q1 2022 to a low of $30.2 million in Q3 2024.
  • Average Cost of Revenue over 5 years is $60.5 million, with a median of $42.6 million recorded in 2024.
  • Year-over-year, Cost of Revenue sank 57.8% in 2022 and soared 200.44% in 2025.
  • Over 5 years, Cost of Revenue stood at $58.7 million in 2022, then slumped by 37.04% to $36.9 million in 2023, then slipped by 1.8% to $36.3 million in 2024, then soared by 200.44% to $109.0 million in 2025, then tumbled by 60.9% to $42.6 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $42.6 million in Q2 2026, $109.0 million in Q4 2025, and $32.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Curaleaf Holdings 2.69 Bn 2.60 Bn 169.91 Mn 170.19 Mn
2 Trulieve Cannabis 2.31 Bn 1.99 Bn 162.29 Mn 108.66 Mn
3 Green Thumb Industries 1.72 Bn 1.43 Bn 137.87 Mn 168.81 Mn
4 Cronos 1.18 Bn 385.45 Mn 28.45 Mn 24.17 Mn
5 Glass House Brands 674.33 Mn 655.78 Mn 15.77 Mn 31.25 Mn
6 Vireo Growth 550.06 Mn 407.76 Mn 95.30 Mn 114.00 Mn
7 Tilray Brands 475.19 Mn 240.56 Mn 90.52 Mn 191.19 Mn
8 Verano Holdings 439.55 Mn 354.35 Mn 99.70 Mn 118.22 Mn
9 Canopy Growth 407.23 Mn 160.22 Mn 16.08 Mn 42.60 Mn
10 Sndl 363.86 Mn 231.31 Mn 40.74 Mn 129.71 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.60 Mn
Dec 31, 2025 108.96 Mn
Sep 30, 2025 32.54 Mn
Jun 30, 2025 39.04 Mn
Dec 31, 2024 36.27 Mn
Sep 30, 2024 30.17 Mn
Jun 30, 2024 31.57 Mn
Mar 31, 2024 42.54 Mn
Dec 31, 2023 36.93 Mn
Sep 30, 2023 34.44 Mn
Jun 30, 2023 46.53 Mn
Mar 31, 2023 98.05 Mn
Dec 31, 2022 58.66 Mn
Sep 30, 2022 67.90 Mn
Jun 30, 2022 87.46 Mn
Mar 31, 2022 174.27 Mn
Dec 31, 2021 103.83 Mn
Sep 30, 2021 160.88 Mn
Jun 30, 2021 88.65 Mn
Mar 31, 2021 109.54 Mn