Canopy Growth (CGC) Gross Margin (2019 - 2026)

Canopy Growth has disclosed Gross Margin across 8 years of filings, most recently posting 22.16% for Q2 2026.

• In Q2 2026, Gross Margin rose 183.0% year-over-year to 22.16%; the TTM figure through Jun 2026 stood at 26.34% (down 341.0% YoY), while the FY2026 annual figure was 20.09%, down 524.0% from the prior year.
• Gross Margin came in at 22.16% for Q2 2026 at Canopy Growth, down from 28.78% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 35.95% in Q4 2023 to a low of 188.48% in Q1 2022.
• Average Gross Margin over 5 years is 2.12%, with a median of 21.24% recorded in 2025.
• Year-over-year, Gross Margin plunged 19508 bps in 2022 and surged 10690 bps in 2023.
• Over 5 years, Gross Margin stood at 5.39% in 2022, then soared by 567 bps to 35.95% in 2023, then retreated by 10 bps to 32.23% in 2024, then fell by 11 bps to 28.78% in 2025, then dropped by 23 bps to 22.16% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 22.16% in Q2 2026, 28.78% in Q4 2025, and 32.85% in Q3 2025.