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| Date | Value |
|---|---|
| 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 |