Canopy Growth (CGC) EBT (2019 - 2025)

Canopy Growth's (CGC) quarterly EBT came in at -$44.6 million in Q4 2025, up 48.7% year-on-year from -$30.0 million in Q4 2024, and down 4211.64% quarter-over-quarter from -$1.0 million in Q3 2025.

Canopy Growth (CGC) EBT (2019 - 2025) Analysis & Trends

Canopy Growth has disclosed EBT across 7 years of filings, most recently posting -$44.6 million for Q4 2025.

  • EBT for Q4 2025 came in at -$44.6 million, up 48.7% year-over-year; the trailing twelve-month figure through Dec 2025 was $452.2 million (up 322.67% YoY), and the FY2025 annual result was $265.7 million, up 227.51% from the prior year.
  • EBT came in at -$44.6 million for Q4 2025 at Canopy Growth, down from -$1.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $527.6 million in Q1 2025 to a low of -$1.6 billion in Q2 2022.
  • The 5-year median for EBT is -$90.9 million (2021), against an average of -$146.2 million.
  • Across the five-year window, EBT tumbled 1312.67% in 2024 and jumped 652.68% in 2025, its largest moves.
  • Canopy Growth's EBT stood at -$91.8 million in 2021, then tumbled by 83.17% to -$168.1 million in 2022, then slipped by 1.09% to -$169.9 million in 2023, then soared by 48.79% to -$87.0 million in 2024, then jumped by 48.7% to -$44.6 million in 2025.
  • The last three EBT figures came in at -$44.6 million (Q4 2025), -$1.0 million (Q3 2025), and -$29.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 437.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 758.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 318.30 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 17.47 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 246.80 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 87.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -61.93 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 156.41 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn -101.55 Mn
10 Canopy Growth 11.38 Mn -137.31 Mn 15.39 Mn -44.65 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -44.65 Mn
Sep 30, 2025 -1.04 Mn
Jun 30, 2025 -29.76 Mn
Mar 31, 2025 527.62 Mn
Dec 31, 2024 -87.03 Mn
Sep 30, 2024 -96.21 Mn
Jun 30, 2024 -89.93 Mn
Mar 31, 2024 70.10 Mn
Dec 31, 2023 -169.94 Mn
Sep 30, 2023 -100.95 Mn
Jun 30, 2023 -6.37 Mn
Mar 31, 2023 -447.03 Mn
Dec 31, 2022 -168.10 Mn
Sep 30, 2022 -144.34 Mn
Jun 30, 2022 -1.64 Bn
Mar 31, 2022 -284.17 Mn
Dec 31, 2021 -91.77 Mn
Sep 30, 2021 -15.52 Mn
Jun 30, 2021 319.60 Mn
Mar 31, 2021 -425.86 Mn