Canopy Growth (CGC) EBIT Margin (2019 - 2026)
Canopy Growth's (CGC) quarterly EBIT Margin came in at 22.03% in Q2 2026, up 346.0% year-over-year from 4.94% in Q2 2025, and up 28.64% quarter-over-quarter from 30.87% in Q4 2025.
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Analysis
Canopy Growth (CGC) EBIT Margin (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed EBIT Margin across 8 years of filings, most recently posting 22.03% for Q2 2026.
- In Q2 2026, EBIT Margin rose 346.0% year-over-year to 22.03%; the TTM figure through Jun 2026 stood at 27.16% (up 1448.0% YoY), while the FY2026 annual figure was 46.61%, down 930.0% from the prior year.
- EBIT Margin came in at 22.03% for Q2 2026 at Canopy Growth, up from 30.87% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 10.07% in Q3 2023 to a low of 1552.6% in Q2 2022.
- Average EBIT Margin over 5 years is 223.13%, with a median of 67.29% recorded in 2023.
- Year-over-year, EBIT Margin slumped 143183 bps in 2022 and surged 149095 bps in 2023.
- Over 5 years, EBIT Margin stood at 116.19% in 2022, then surged by 34 bps to 76.83% in 2023, then surged by 59 bps to 31.86% in 2024, then climbed by 3 bps to 30.87% in 2025, then increased by 29 bps to 22.03% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 22.03% in Q2 2026, 30.87% in Q4 2025, and 25.33% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.61 Bn | 2.52 Bn | 169.91 Mn | 1.24% |
| 2 | Trulieve Cannabis | 2.33 Bn | 2.01 Bn | 162.29 Mn | -136.75% |
| 3 | Green Thumb Industries | 1.48 Bn | 1.19 Bn | 137.87 Mn | 6.51% |
| 4 | Cronos | 1.21 Bn | 460.32 Mn | 28.45 Mn | 10.49% |
| 5 | Verano Holdings | 884.47 Mn | 797.46 Mn | 99.70 Mn | 1.44% |
| 6 | Glass House Brands | 666.25 Mn | 647.70 Mn | 15.77 Mn | -6.37% |
| 7 | Tilray Brands | 592.57 Mn | 338.48 Mn | 90.52 Mn | -5.84% |
| 8 | Vireo Growth | 563.06 Mn | 420.76 Mn | 95.30 Mn | -3.01% |
| 9 | Canopy Growth | 410.33 Mn | 163.32 Mn | 16.08 Mn | -22.03% |
| 10 | Sndl | 376.60 Mn | 244.06 Mn | 40.74 Mn | -3.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.03% |
| Dec 31, 2025 | -30.87% |
| Sep 30, 2025 | -25.33% |
| Jun 30, 2025 | -25.49% |
| Dec 31, 2024 | -31.86% |
| Sep 30, 2024 | -72.94% |
| Jun 30, 2024 | -43.96% |
| Mar 31, 2024 | -89.26% |
| Dec 31, 2023 | -76.83% |
| Sep 30, 2023 | -10.07% |
| Jun 30, 2023 | -61.65% |
| Mar 31, 2023 | -690.88% |
| Dec 31, 2022 | -116.19% |
| Sep 30, 2022 | -148.52% |
| Jun 30, 2022 | -1,552.60% |
| Mar 31, 2022 | -571.52% |
| Dec 31, 2021 | -96.73% |
| Sep 30, 2021 | -147.86% |
| Jun 30, 2021 | -120.77% |
| Mar 31, 2021 | -157.10% |