Canopy Growth (CGC) Cost of Revenue (2019 - 2025)

Canopy Growth (CGC) reported Cost of Revenue of $109.0 million for Q4 2025, up 200.44% on a YoY basis from $36.3 million in Q4 2024, and up 234.88% sequentially from $32.5 million in Q3 2025.

Canopy Growth (CGC) Cost of Revenue (2019 - 2025) Analysis & Trends

Canopy Growth (CGC) has 7 years of Cost of Revenue data on file, last reported at $109.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 200.44% year-over-year to $109.0 million; the trailing twelve-month figure through Dec 2025 stood at $216.8 million (up 54.26% YoY), and the FY2026 full-year result was $156.7 million, up 18.69% from the prior year.
  • Cost of Revenue advanced to $109.0 million in Q4 2025, from $32.5 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.
  • A 5-year average of $73.1 million and a median of $58.7 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue plunged 57.8% in 2022 and surged 200.44% in 2025, its largest moves.
  • Tracing CGC's Cost of Revenue over 5 years: stood at $103.8 million in 2021, then plunged by 43.51% to $58.7 million in 2022, then sank by 37.04% to $36.9 million in 2023, then decreased by 1.8% to $36.3 million in 2024, then surged by 200.44% to $109.0 million in 2025.
  • Business Quant data shows CGC's Cost of Revenue at $109.0 million in Q4 2025, $32.5 million in Q3 2025, and $39.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Haleon 89.28 Bn 87.42 Bn - -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn 2.01 Bn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn 641.00 Mn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn 2.59 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn 133.40 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn - -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn 2.36 Bn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn 13.80 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn 586.00 Mn
10 Canopy Growth 276.52 Mn 10.60 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 108.96 Mn
Dec 31, 2025 108.96 Mn
Sep 30, 2025 32.54 Mn
Sep 30, 2025 32.54 Mn
Jun 30, 2025 39.04 Mn
Jun 30, 2025 39.04 Mn
Dec 31, 2024 36.27 Mn
Dec 31, 2024 36.27 Mn
Sep 30, 2024 30.17 Mn
Sep 30, 2024 30.17 Mn
Jun 30, 2024 31.57 Mn
Jun 30, 2024 31.57 Mn
Mar 31, 2024 42.54 Mn
Mar 31, 2024 42.54 Mn
Dec 31, 2023 36.93 Mn
Dec 31, 2023 36.93 Mn
Sep 30, 2023 34.44 Mn
Sep 30, 2023 34.44 Mn
Jun 30, 2023 46.53 Mn
Jun 30, 2023 46.53 Mn