Canopy Growth (CGC) FCF Margin (2019 - 2026)
Canopy Growth's (CGC) quarterly FCF Margin came in at 25.65% in Q2 2026, down 1254.0% year-over-year from 2.22% in Q2 2025, and down 9.72% quarter-over-quarter from 23.38% in Q4 2025.
Analysis
Canopy Growth (CGC) FCF Margin (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed FCF Margin across 8 years of filings, most recently posting 25.65% for Q2 2026.
- In Q2 2026, FCF Margin fell 1254.0% year-over-year to 25.65%; the TTM figure through Jun 2026 stood at 18.84% (up 4810.0% YoY), while the FY2026 annual figure was 19.93%, up 3630.0% from the prior year.
- FCF Margin came in at 25.65% for Q2 2026 at Canopy Growth, down from 23.38% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 1.84% in Q3 2025 to a low of 180.94% in Q1 2023.
- Average FCF Margin over 5 years is 89.32%, with a median of 99.06% recorded in 2023.
- Year-over-year, FCF Margin plunged 7175 bps in 2022 and soared 16228 bps in 2024.
- Over 5 years, FCF Margin stood at 150.29% in 2022, then soared by 72 bps to 42.2% in 2023, then declined by 2 bps to 43.01% in 2024, then soared by 46 bps to 23.38% in 2025, then dropped by 10 bps to 25.65% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 25.65% in Q2 2026, 23.38% in Q4 2025, and 1.84% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.58 Bn | 2.48 Bn | 169.91 Mn | -6.05% |
| 2 | Trulieve Cannabis | 2.19 Bn | 1.86 Bn | 162.29 Mn | 11.86% |
| 3 | Green Thumb Industries | 1.66 Bn | 1.37 Bn | 137.87 Mn | 2.87% |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 31.55% |
| 5 | Glass House Brands | 654.26 Mn | 635.70 Mn | 15.77 Mn | 4.87% |
| 6 | Vireo Growth | 545.55 Mn | 403.25 Mn | 95.30 Mn | -50.55% |
| 7 | Tilray Brands | 462.43 Mn | 227.80 Mn | 90.52 Mn | -16.85% |
| 8 | Verano Holdings | 429.33 Mn | 344.13 Mn | 99.70 Mn | 8.61% |
| 9 | Canopy Growth | 389.88 Mn | 142.87 Mn | 16.08 Mn | -25.65% |
| 10 | Sndl | 345.79 Mn | 213.25 Mn | 40.74 Mn | 2.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.65% |
| Dec 31, 2025 | -23.38% |
| Sep 30, 2025 | -1.84% |
| Jun 30, 2025 | -13.12% |
| Dec 31, 2024 | -43.01% |
| Sep 30, 2024 | -151.28% |
| Jun 30, 2024 | -84.12% |
| Mar 31, 2024 | -18.66% |
| Dec 31, 2023 | -42.20% |
| Sep 30, 2023 | -114.00% |
| Jun 30, 2023 | -169.91% |
| Mar 31, 2023 | -180.94% |
| Dec 31, 2022 | -150.29% |
| Sep 30, 2022 | -134.83% |
| Jun 30, 2022 | -120.34% |
| Mar 31, 2022 | -155.53% |
| Dec 31, 2021 | -108.59% |
| Sep 30, 2021 | -69.58% |
| Jun 30, 2021 | -119.71% |
| Mar 31, 2021 | -83.78% |