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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |