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

Canopy Growth has disclosed Operating Margin across 8 years of filings, most recently posting 22.03% for Q2 2026.

• In Q2 2026, Operating Margin rose 346.0% year-over-year to 22.03%; the TTM figure through Jun 2026 stood at 27.16% (up 1448.0% YoY), while the FY2026 annual figure was 46.61%, down 930.0% from the prior year.
• Operating Margin came in at 22.03% for Q2 2026 at Canopy Growth, up from 30.87% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 10.07% in Q3 2023 to a low of 1552.6% in Q2 2022.
• Average Operating Margin over 5 years is 223.13%, with a median of 67.29% recorded in 2023.
• Year-over-year, Operating Margin slumped 143183 bps in 2022 and surged 149095 bps in 2023.
• Over 5 years, Operating Margin stood at 116.19% in 2022, then surged by 34 bps to 76.83% in 2023, then surged by 59 bps to 31.86% in 2024, then climbed by 3 bps to 30.87% in 2025, then increased by 29 bps to 22.03% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 22.03% in Q2 2026, 30.87% in Q4 2025, and 25.33% in Q3 2025.