Canopy Growth (CGC) Operating Expenses (2019 - 2025)

Canopy Growth (CGC) has 7 years of Operating Expenses data on file, last reported at $91.3 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 166.06% year-over-year to $91.3 million; the trailing twelve-month figure through Mar 2026 stood at $148.8 million (up 21.86% YoY), and the FY2026 full-year result was $168.7 million, up 23.08% from the prior year.
• Operating Expenses climbed to $91.3 million in Q4 2025, from $28.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q2 2022 to a low of $22.7 million in Q3 2023.
• A 5-year average of $176.4 million and a median of $90.7 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 723.89% in 2022 and slumped 96.46% in 2023, its largest moves.
• Tracing CGC's Operating Expenses over 5 years: stood at $127.0 million in 2021, then slumped by 31.58% to $86.9 million in 2022, then slipped by 25.13% to $65.0 million in 2023, then tumbled by 47.26% to $34.3 million in 2024, then soared by 166.06% to $91.3 million in 2025.
• Business Quant data shows CGC's Operating Expenses at $91.3 million in Q4 2025, $28.2 million in Q3 2025, and $29.3 million in Q2 2025.