KPIs & Operating Metrics(New)
Growth Metrics

Canopy Growth (CGC) Cost of Revenue (2017 - 2025)

Canopy Growth's Cost of Revenue history spans 9 years, with the latest figure at $38.1 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 4.94% to $38.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $147.6 million, a 5.03% increase, with the full-year FY2025 number at $132.1 million, down 17.72% from a year prior.
  • Cost of Revenue hit $38.1 million in Q4 2025 for Canopy Growth, up from $32.5 million in the prior quarter.
  • Over the last five years, Cost of Revenue for CGC hit a ceiling of $174.3 million in Q1 2022 and a floor of $30.2 million in Q3 2024.
  • Historically, Cost of Revenue has averaged $67.8 million across 5 years, with a median of $44.5 million in 2023.
  • Biggest five-year swings in Cost of Revenue: surged 96.35% in 2021 and later crashed 57.8% in 2022.
  • Tracing CGC's Cost of Revenue over 5 years: stood at $103.8 million in 2021, then crashed by 43.51% to $58.7 million in 2022, then crashed by 37.04% to $36.9 million in 2023, then dropped by 1.8% to $36.3 million in 2024, then grew by 4.94% to $38.1 million in 2025.
  • Business Quant data shows Cost of Revenue for CGC at $38.1 million in Q4 2025, $32.5 million in Q3 2025, and $39.0 million in Q2 2025.