KPIs & Operating Metrics(New)
Growth Metrics

Canopy Growth (CGC) Gross Margin (2019 - 2025)

Canopy Growth (CGC) has disclosed Gross Margin for 7 consecutive years, with 28.8% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 86.0% to 28.8% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.46% through Dec 2025, down 488.0% year-over-year, with the annual reading at 25.32% for FY2025, 190.0% down from the prior year.
  • Gross Margin hit 28.8% in Q4 2025 for Canopy Growth, down from 32.85% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 34.67% in Q3 2024 to a low of 228.77% in Q1 2022.
  • Historically, Gross Margin has averaged 2.78% across 5 years, with a median of 19.02% in 2021.
  • Biggest five-year swings in Gross Margin: plummeted -23537bps in 2022 and later soared 13450bps in 2023.
  • Year by year, Gross Margin stood at 7.16% in 2021, then decreased by -25bps to 5.39% in 2022, then surged by 481bps to 31.34% in 2023, then fell by -11bps to 27.94% in 2024, then rose by 3bps to 28.8% in 2025.
  • Business Quant data shows Gross Margin for CGC at 28.8% in Q4 2025, 32.85% in Q3 2025, and 20.32% in Q2 2025.