KPIs & Operating Metrics(New)
Growth Metrics

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

Canopy Growth's Gross Margin history spans 7 years, with the latest figure at 68.55% for Q1 2025.

  • For Q1 2025, Gross Margin fell 8980.0% year-over-year to 68.55%; the TTM value through Mar 2025 reached 39.79%, up 1462.0%, while the annual FY2025 figure was 106.63%, 13385.0% down from the prior year.
  • Gross Margin for Q1 2025 was 68.55% at Canopy Growth, down from 32.23% in the prior quarter.
  • Across five years, Gross Margin topped out at 283.23% in Q1 2023 and bottomed at 119.04% in Q1 2022.
  • The 5-year median for Gross Margin is 18.05% (2023), against an average of 15.59%.
  • The largest annual shift saw Gross Margin soared 40227bps in 2023 before it crashed -26198bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 7.16% in 2021, then decreased by -14bps to 6.16% in 2022, then skyrocketed by 409bps to 31.34% in 2023, then rose by 3bps to 32.23% in 2024, then crashed by -313bps to 68.55% in 2025.
  • Per Business Quant, the three most recent readings for CGC's Gross Margin are 68.55% (Q1 2025), 32.23% (Q4 2024), and 34.67% (Q3 2024).