Canopy Growth (CGC) EBITDA Margin (2019 - 2026)
Canopy Growth (CGC) recorded EBITDA Margin of -12.03% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.56 percentage points from -14.60% a year earlier and up 53.25 percentage points from the prior quarter.
Canopy Growth (CGC) EBITDA Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Canopy Growth's EBITDA Margin came in at -33.24% as of Jun 30, 2026, down 12.49 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at -36.09%, down 12.52 percentage points from FY2025.
- Annual EBITDA Margin has a five-year change of +147.76 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBITDA Margin came in at -23.58% in FY2025 (+27.46 pp), -51.04% in FY2024 (+617.94 pp), -668.98% in FY2023 (-500.10 pp) and -168.87% in FY2022 (+14.98 pp).
- Quarterly EBITDA Margin has ranged from -1534.19% in fiscal Q1 2023 to 7.94% in fiscal Q2 2024 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in five of the last eight quarters, with an average year-over-year change of +6.03 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 1491.84 percentage points in fiscal Q1 2024, against a drop of 1429.58 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -65.29% (Q4 2026), -23.40% (Q3 2026) and -11.47% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 15.53% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 13.86% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -127.26% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 17.33% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 15.27% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | - |
| 10 | Canopy Growth | 393.41 Mn | -613.77 Mn | 16.08 Mn | -12.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.03% |
| Mar 31, 2026 | -65.29% |
| Dec 31, 2025 | -23.40% |
| Sep 30, 2025 | -11.47% |
| Jun 30, 2025 | -14.60% |
| Mar 31, 2025 | -6.18% |
| Dec 31, 2024 | -18.07% |
| Sep 30, 2024 | -56.57% |
| Jun 30, 2024 | -27.30% |
| Mar 31, 2024 | -79.82% |
| Dec 31, 2023 | -61.24% |
| Sep 30, 2023 | 7.94% |
| Jun 30, 2023 | -42.35% |
| Mar 31, 2023 | -666.40% |
| Dec 31, 2022 | -96.28% |
| Sep 30, 2022 | -129.04% |
| Jun 30, 2022 | -1,534.19% |
| Mar 31, 2022 | -538.37% |
| Dec 31, 2021 | -77.37% |
| Sep 30, 2021 | -128.10% |
Canopy Growth EBITDA Margin 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=ebitda-margin&ticker=CGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();