Canopy Growth CGC
NASDAQ CGC
$0.96 -0.01 (-0.71%)
As of: Sep 9, 2026 · 3:09 PM EDT

Canopy Growth (CGC) Operating Income (2019 - 2026)

Canopy Growth's (CGC) quarterly Operating Income came in at -$16.0 million in Q2 2026, up 2.11% year-over-year from -$15.7 million in Q2 2025, and up 66.16% quarter-over-quarter from -$47.2 million in Q4 2025.

Analysis

Canopy Growth (CGC) Operating Income (2019 - 2026) Analysis & Trends

Canopy Growth has disclosed Operating Income across 8 years of filings, most recently posting -$16.0 million for Q2 2026.

  • In Q2 2026, Operating Income rose 2.11% year-over-year to -$16.0 million; the TTM figure through Jun 2026 stood at -$91.8 million (down 3.94% YoY), while the FY2026 annual figure was -$117.9 million, down 44.4% from the prior year.
  • Operating Income came in at -$16.0 million for Q2 2026 at Canopy Growth, up from -$47.2 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$5.2 million in Q3 2023 to a low of -$1.4 billion in Q2 2022.
  • Average Operating Income over 5 years is -$171.7 million, with a median of -$42.5 million recorded in 2023.
  • Year-over-year, Operating Income sank 846.31% in 2022 and surged 97.18% in 2023.
  • Over 5 years, Operating Income stood at -$83.0 million in 2022, then soared by 46.63% to -$44.3 million in 2023, then jumped by 61.51% to -$17.1 million in 2024, then plunged by 176.98% to -$47.2 million in 2025, then jumped by 66.16% to -$16.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$16.0 million in Q2 2026, -$47.2 million in Q4 2025, and -$12.3 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Curaleaf Holdings 2.65 Bn 2.56 Bn 169.91 Mn 4.22 Mn
2 Trulieve Cannabis 2.29 Bn 1.97 Bn 162.29 Mn -370.52 Mn
3 Green Thumb Industries 1.70 Bn 1.42 Bn 137.87 Mn 19.97 Mn
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn 7.40 Mn
5 Glass House Brands 668.60 Mn 650.04 Mn 15.77 Mn -3.00 Mn
6 Vireo Growth 547.35 Mn 405.05 Mn 95.30 Mn -6.30 Mn
7 Tilray Brands 469.56 Mn 234.93 Mn 90.52 Mn -16.45 Mn
8 Verano Holdings 437.36 Mn 352.16 Mn 99.70 Mn 3.14 Mn
9 Canopy Growth 404.78 Mn 157.77 Mn 16.08 Mn -15.98 Mn
10 Sndl 365.15 Mn 232.60 Mn 40.74 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -15.98 Mn
Dec 31, 2025 -47.23 Mn
Sep 30, 2025 -12.28 Mn
Jun 30, 2025 -16.33 Mn
Dec 31, 2024 -17.05 Mn
Sep 30, 2024 -33.68 Mn
Jun 30, 2024 -21.28 Mn
Mar 31, 2024 -79.21 Mn
Dec 31, 2023 -44.30 Mn
Sep 30, 2023 -5.23 Mn
Jun 30, 2023 -40.69 Mn
Mar 31, 2023 -402.97 Mn
Dec 31, 2022 -83.02 Mn
Sep 30, 2022 -114.38 Mn
Jun 30, 2022 -1.45 Bn
Mar 31, 2022 -367.71 Mn
Dec 31, 2021 -118.97 Mn
Sep 30, 2021 -171.08 Mn
Jun 30, 2021 -152.71 Mn
Mar 31, 2021 -184.25 Mn