Canopy Growth (CGC) Free Cash Flow (2019 - 2026)
Canopy Growth's (CGC) quarterly Free Cash Flow came in at -$18.6 million in Q2 2026, down 121.52% year-over-year from $86.5 million in Q2 2025, and up 47.97% quarter-over-quarter from -$35.8 million in Q4 2025.
Analysis
Canopy Growth (CGC) Free Cash Flow (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed Free Cash Flow across 8 years of filings, most recently posting -$18.6 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 121.52% year-over-year to -$18.6 million; the TTM figure through Jun 2026 stood at -$63.7 million (up 55.16% YoY), while the FY2026 annual figure was -$50.4 million, up 59.03% from the prior year.
- Free Cash Flow came in at -$18.6 million for Q2 2026 at Canopy Growth, up from -$35.8 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$890854.5 in Q3 2025 to a low of -$112.1 million in Q2 2023.
- Average Free Cash Flow over 5 years is -$58.6 million, with a median of -$50.0 million recorded in 2024.
- Year-over-year, Free Cash Flow soared 98.72% in 2025 and tumbled 121.52% in 2026.
- Over 5 years, Free Cash Flow stood at -$107.4 million in 2022, then surged by 77.34% to -$24.3 million in 2023, then grew by 5.41% to -$23.0 million in 2024, then slumped by 55.39% to -$35.8 million in 2025, then jumped by 47.97% to -$18.6 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$18.6 million in Q2 2026, -$35.8 million in Q4 2025, and -$890854.5 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | -20.58 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 32.13 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 8.79 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 22.27 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 2.29 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -105.80 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -47.47 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 18.75 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -18.61 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.61 Mn |
| Dec 31, 2025 | -35.77 Mn |
| Sep 30, 2025 | -890,854.51 |
| Jun 30, 2025 | -8.40 Mn |
| Dec 31, 2024 | -23.02 Mn |
| Sep 30, 2024 | -69.86 Mn |
| Jun 30, 2024 | -40.72 Mn |
| Mar 31, 2024 | -16.56 Mn |
| Dec 31, 2023 | -24.34 Mn |
| Sep 30, 2023 | -59.18 Mn |
| Jun 30, 2023 | -112.13 Mn |
| Mar 31, 2023 | -105.54 Mn |
| Dec 31, 2022 | -107.38 Mn |
| Sep 30, 2022 | -103.83 Mn |
| Jun 30, 2022 | -112.01 Mn |
| Mar 31, 2022 | -100.07 Mn |
| Dec 31, 2021 | -133.55 Mn |
| Sep 30, 2021 | -80.51 Mn |
| Jun 30, 2021 | -151.36 Mn |
| Mar 31, 2021 | -98.25 Mn |