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Canopy Growth (CGC) Operating Expenses (2017 - 2025)

Canopy Growth's Operating Expenses history spans 9 years, with the latest figure at $34.3 million for Q4 2025.

  • On a quarterly basis, Operating Expenses changed 0.04% to $34.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $111.9 million, a 47.41% decrease, with the full-year FY2025 number at $137.1 million, down 40.35% from a year prior.
  • Operating Expenses hit $34.3 million in Q4 2025 for Canopy Growth, up from $28.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for CGC hit a ceiling of $1.4 billion in Q2 2022 and a floor of $20.1 million in Q1 2025.
  • Historically, Operating Expenses has averaged $165.8 million across 5 years, with a median of $76.0 million in 2022.
  • Biggest five-year swings in Operating Expenses: soared 723.89% in 2022 and later plummeted 96.46% in 2023.
  • Tracing CGC's Operating Expenses over 5 years: stood at $127.0 million in 2021, then plummeted by 31.58% to $86.9 million in 2022, then decreased by 25.13% to $65.0 million in 2023, then tumbled by 47.26% to $34.3 million in 2024, then decreased by 0.04% to $34.3 million in 2025.
  • Business Quant data shows Operating Expenses for CGC at $34.3 million in Q4 2025, $28.2 million in Q3 2025, and $29.3 million in Q2 2025.