KPIs & Operating Metrics(New)
Growth Metrics

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

Canopy Growth's Operating Margin history spans 9 years, with the latest figure at 29.15% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 153.0% to 29.15% in Q4 2025 year-over-year; TTM through Dec 2025 was 38.37%, a 2162.0% increase, with the full-year FY2025 number at 50.39%, up 1611.0% from a year prior.
  • Operating Margin hit 29.15% in Q4 2025 for Canopy Growth, down from 20.35% in the prior quarter.
  • Over the last five years, Operating Margin for CGC hit a ceiling of 373.57% in Q1 2022 and a floor of 1765.54% in Q1 2023.
  • Historically, Operating Margin has averaged 222.85% across 5 years, with a median of 74.51% in 2025.
  • The widest YoY moves for Operating Margin: up 167779bps in 2023, down -213912bps in 2023.
  • Tracing CGC's Operating Margin over 5 years: stood at 96.73% in 2021, then decreased by -20bps to 116.19% in 2022, then soared by 42bps to 66.97% in 2023, then soared by 59bps to 27.62% in 2024, then fell by -6bps to 29.15% in 2025.
  • Business Quant data shows Operating Margin for CGC at 29.15% in Q4 2025, 20.35% in Q3 2025, and 31.36% in Q2 2025.