Canopy Growth (CGC) Net Margin (2019 - 2026)
Canopy Growth's (CGC) quarterly Net Margin came in at 14.53% in Q2 2026, up 3602.0% year-over-year from 0.39% in Q2 2025, and up 71.35% quarter-over-quarter from 50.71% in Q4 2025.
Analysis
Canopy Growth (CGC) Net Margin (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed Net Margin across 8 years of filings, most recently posting 14.53% for Q2 2026.
- In Q2 2026, Net Margin rose 3602.0% year-over-year to 14.53%; the TTM figure through Jun 2026 stood at 36.71% (up 8578.0% YoY), while the FY2026 annual figure was 62.98%, up 17755.0% from the prior year.
- Net Margin came in at 14.53% for Q2 2026 at Canopy Growth, up from 50.71% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 208.61% in Q1 2023 to a low of 1762.71% in Q2 2022.
- Average Net Margin over 5 years is 255.66%, with a median of 145.55% recorded in 2024.
- Year-over-year, Net Margin sank 201360 bps in 2022 and jumped 171548 bps in 2023.
- Over 5 years, Net Margin stood at 272.59% in 2022, then advanced by 4 bps to 261.98% in 2023, then surged by 50 bps to 131.2% in 2024, then surged by 61 bps to 50.71% in 2025, then surged by 71 bps to 14.53% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 14.53% in Q2 2026, 50.71% in Q4 2025, and 7.47% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.58 Bn | 2.48 Bn | 169.91 Mn | 3.68% |
| 2 | Trulieve Cannabis | 2.19 Bn | 1.86 Bn | 162.29 Mn | -149.83% |
| 3 | Green Thumb Industries | 1.66 Bn | 1.37 Bn | 137.87 Mn | 1.12% |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 50.52% |
| 5 | Glass House Brands | 654.26 Mn | 635.70 Mn | 15.77 Mn | -14.21% |
| 6 | Vireo Growth | 545.55 Mn | 403.25 Mn | 95.30 Mn | -2.77% |
| 7 | Tilray Brands | 462.43 Mn | 227.80 Mn | 90.52 Mn | -10.52% |
| 8 | Verano Holdings | 429.33 Mn | 344.13 Mn | 99.70 Mn | -6.15% |
| 9 | Canopy Growth | 389.88 Mn | 142.87 Mn | 16.08 Mn | -14.53% |
| 10 | Sndl | 345.79 Mn | 213.25 Mn | 40.74 Mn | -4.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.53% |
| Dec 31, 2025 | -50.71% |
| Sep 30, 2025 | -7.47% |
| Jun 30, 2025 | -50.55% |
| Dec 31, 2024 | -131.20% |
| Sep 30, 2024 | -172.98% |
| Jun 30, 2024 | -159.90% |
| Mar 31, 2024 | -50.18% |
| Dec 31, 2023 | -261.98% |
| Sep 30, 2023 | -454.32% |
| Jun 30, 2023 | -47.22% |
| Mar 31, 2023 | 208.61% |
| Dec 31, 2022 | -272.59% |
| Sep 30, 2022 | -304.48% |
| Jun 30, 2022 | -1,762.71% |
| Mar 31, 2022 | -558.31% |
| Dec 31, 2021 | -74.50% |
| Sep 30, 2021 | -11.21% |
| Jun 30, 2021 | 250.90% |
| Mar 31, 2021 | -123.68% |