Canopy Growth (CGC) Net Margin (2019 - 2025)
Canopy Growth's (CGC) quarterly Net Margin came in at 0.91% in Q1 2025, down 104.0% year-on-year from 22.86% in Q1 2024, and down 82.32% quarter-over-quarter from 5.17% in Q3 2024.
Canopy Growth (CGC) Net Margin (2019 - 2025) Analysis & Trends
Canopy Growth has disclosed Net Margin across 7 years of filings, most recently posting 0.91% for Q1 2025.
- Net Margin for Q1 2025 came in at 0.91%, down 104.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.21% (down 202.0% YoY), and the FY2025 annual result was 1.92%, up 5778.0% from the prior year.
- Net Margin came in at 0.91% for Q1 2025 at Canopy Growth, down from 5.17% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 250.9% in Q2 2021 to a low of 1974.84% in Q2 2022.
- The 5-year median for Net Margin is 37.0% (2023), against an average of 188.78%.
- Across the five-year window, Net Margin tumbled 222574 bps in 2022 and surged 193954 bps in 2023, its largest moves.
- Canopy Growth's Net Margin stood at 74.5% in 2021, then jumped by 48 bps to 38.7% in 2022, then soared by 139 bps to 14.97% in 2023, then sank by 65 bps to 5.17% in 2024, then tumbled by 82 bps to 0.91% in 2025.
- The last three Net Margin figures came in at 0.91% (Q1 2025), 5.17% (Q3 2024), and 2.71% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 9.19% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 26.57% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 35.18% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 2.94% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 24.30% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 4.16% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -168.42% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -15.15% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 31.38% |
| 10 | Canopy Growth | 11.38 Mn | -137.31 Mn | 15.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.91% |
| Sep 30, 2024 | 5.17% |
| Jun 30, 2024 | 2.71% |
| Mar 31, 2024 | 1.96% |
| Dec 31, 2023 | 14.97% |
| Sep 30, 2023 | -215.21% |
| Jun 30, 2023 | -35.30% |
| Mar 31, 2023 | -193.23% |
| Dec 31, 2022 | -38.70% |
| Sep 30, 2022 | -108.87% |
| Jun 30, 2022 | -1,974.84% |
| Mar 31, 2022 | -277.49% |
| Dec 31, 2021 | -74.50% |
| Sep 30, 2021 | -12.43% |
| Jun 30, 2021 | 250.90% |
| Mar 31, 2021 | -366.44% |
| Dec 31, 2020 | -488.06% |
| Sep 30, 2020 | -64.01% |
| Jun 30, 2020 | -116.22% |
| Mar 31, 2020 | -147.72% |