Canopy Growth CGC
NASDAQ CGC
$1.07 +0.02 (+2.00%)
As of: Aug 21, 2026 · 11:48 AM EDT

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

Canopy Growth (CGC) posted Net Margin of 7.47% for Q3 2025, down 244.38% sequentially from 5.17% in Q3 2024, and down 1264.0% YoY from 0.64% in Q3 2024.

Canopy Growth (CGC) Net Margin (2019 - 2026) Analysis & Trends

Canopy Growth has reported Net Margin for 7 years, with the latest figure at 7.47% in Q3 2025.

  • Quarterly Net Margin fell 1264.0% year-over-year to 7.47% in Q3 2025, while the trailing twelve-month figure through Dec 2025 was 1.18% (down 396.0% YoY) and the FY2026 annual result came in at 8.08%, down 12017.0% from the prior year.
  • Net Margin declined to 7.47% in Q3 2025 per CGC's latest filing, from 5.17% in the prior quarter.
  • Over five years, Net Margin peaked at 286.29% in Q2 2021 and troughed at 1762.71% in Q2 2022.
  • A 5-year average of 123.9% and a median of 26.73% in 2021 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2021 and 2022: Net Margin soared 469707 bps in 2021, then plunged 204900 bps in 2022.
  • Over 5 years, Net Margin stood at 74.5% in 2021, then soared by 41 bps to 44.23% in 2022, then surged by 139 bps to 17.17% in 2023, then plunged by 70 bps to 5.17% in 2024, then plunged by 244 bps to 7.47% in 2025.
  • According to Business Quant data, Net Margin over the past three periods registered 7.47%, 5.17%, and 3.1% for Q3 2025, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Haleon 44.40 Bn 43.44 Bn - -
2 Teva Pharmaceutical Industries 43.90 Bn 40.24 Bn 2.15 Bn -13.91%
3 Zoetis 32.51 Bn 30.84 Bn 1.05 Bn 35.09%
4 Takeda Pharmaceutical 28.67 Bn 22.87 Bn 5.10 Bn 9.28%
5 United Therapeutics 22.21 Bn 19.55 Bn 683.80 Mn 42.51%
6 Viatris 18.97 Bn 18.09 Bn 1.46 Bn -3.16%
7 Neurocrine Biosciences 15.51 Bn 15.12 Bn 935.80 Mn 15.06%
8 Elanco Animal Health 11.94 Bn 11.41 Bn 798.00 Mn 3.95%
9 Dr Reddys Laboratories 10.17 Bn 10.01 Bn - -
10 Canopy Growth 451.82 Mn 204.81 Mn 16.08 Mn -14.53%

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.53%
Sep 30, 2025 -7.47%
Sep 30, 2024 5.17%
Jun 30, 2024 3.10%
Mar 31, 2024 3.21%
Dec 31, 2023 17.17%
Sep 30, 2023 -253.81%
Jun 30, 2023 -41.03%
Mar 31, 2023 -51.30%
Dec 31, 2022 -44.23%
Sep 30, 2022 -124.34%
Jun 30, 2022 -1,762.71%
Mar 31, 2022 149.15%
Dec 31, 2021 -74.50%
Sep 30, 2021 -12.43%
Jun 30, 2021 286.29%
Mar 31, 2021 -74.67%
Dec 31, 2020 -4,771.57%
Sep 30, 2020 -71.38%
Jun 30, 2020 -107.75%