Canopy Growth (CGC) EBT (2019 - 2026)
Canopy Growth's (CGC) quarterly EBT came in at -$10.6 million in Q2 2026, up 66.94% year-over-year from -$6.4 million in Q2 2025, and up 86.18% quarter-over-quarter from -$77.0 million in Q4 2025.
Analysis
Canopy Growth (CGC) EBT (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed EBT across 8 years of filings, most recently posting -$10.6 million for Q2 2026.
- In Q2 2026, EBT rose 66.94% year-over-year to -$10.6 million; the TTM figure through Jun 2026 stood at -$123.2 million (up 52.35% YoY), while the FY2026 annual figure was -$191.7 million, up 69.06% from the prior year.
- EBT came in at -$10.6 million for Q2 2026 at Canopy Growth, up from -$77.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$3.5 million in Q3 2025 to a low of -$1.6 billion in Q2 2022.
- Average EBT over 5 years is -$221.1 million, with a median of -$88.3 million recorded in 2023.
- Year-over-year, EBT surged 99.61% in 2023 and sank 1068.46% in 2024.
- Over 5 years, EBT stood at -$168.1 million in 2022, then rose by 3.77% to -$161.8 million in 2023, then surged by 56.73% to -$70.0 million in 2024, then decreased by 9.95% to -$77.0 million in 2025, then jumped by 86.18% to -$10.6 million in 2026.
- Per Business Quant data, the three most recent EBT figures were -$10.6 million in Q2 2026, -$77.0 million in Q4 2025, and -$3.5 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | -26.31 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -383.40 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 15.95 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 35.71 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -1.51 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 14.20 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -51.36 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -10.49 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -10.63 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -6.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.63 Mn |
| Dec 31, 2025 | -76.95 Mn |
| Sep 30, 2025 | -3.46 Mn |
| Jun 30, 2025 | -32.17 Mn |
| Dec 31, 2024 | -69.99 Mn |
| Sep 30, 2024 | -82.04 Mn |
| Jun 30, 2024 | -74.38 Mn |
| Mar 31, 2024 | -113.00 Mn |
| Dec 31, 2023 | -161.76 Mn |
| Sep 30, 2023 | -94.53 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 | -414.87 Mn |
| Dec 31, 2021 | -91.77 Mn |
| Sep 30, 2021 | -15.52 Mn |
| Jun 30, 2021 | 319.60 Mn |
| Mar 31, 2021 | -483.34 Mn |