Canopy Growth (CGC) Tax Provisions (2019 - 2026)
Canopy Growth's (CGC) quarterly Tax Provisions came in at -$93257.4 in Q2 2026, down 144.4% year-over-year from $210018.3 in Q2 2025, and down 114.9% quarter-over-quarter from $626016.3 in Q4 2025.
Analysis
Canopy Growth (CGC) Tax Provisions (2019 - 2026) Analysis & Trends
Canopy Growth has disclosed Tax Provisions across 8 years of filings, most recently posting -$93257.4 for Q2 2026.
- In Q2 2026, Tax Provisions fell 144.4% year-over-year to -$93257.4; the TTM figure through Jun 2026 stood at $898277.2 (down 82.68% YoY), while the FY2026 annual figure was -$28.8 million, up 45.83% from the prior year.
- Tax Provisions came in at -$93257.4 for Q2 2026 at Canopy Growth, down from $626016.3 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $9.6 million in Q3 2023 to a low of -$612.8 million in Q1 2023.
- Average Tax Provisions over 5 years is -$44.4 million, with a median of $215700.2 recorded in 2025.
- Year-over-year, Tax Provisions jumped 347.39% in 2022 and plunged 1001.16% in 2023.
- Over 5 years, Tax Provisions stood at -$984235.1 in 2022, then gained by 19.62% to -$791094.8 in 2023, then jumped by 128.59% to $226208.3 in 2024, then jumped by 176.74% to $626016.3 in 2025, then slumped by 114.9% to -$93257.4 in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$93257.4 in Q2 2026, $626016.3 in Q4 2025, and $155499.9 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | -38.80 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 21.97 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 12.52 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 51,000.00 |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 3.06 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 20.00 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -21.73 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 2.93 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -93,257.36 |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 1.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -93,257.36 |
| Dec 31, 2025 | 626,016.33 |
| Sep 30, 2025 | 155,499.89 |
| Jun 30, 2025 | 210,018.34 |
| Dec 31, 2024 | 226,208.33 |
| Sep 30, 2024 | 221,382.13 |
| Jun 30, 2024 | 4.53 Mn |
| Mar 31, 2024 | -66.74 Mn |
| Dec 31, 2023 | -791,094.76 |
| Sep 30, 2023 | 9.56 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | -612.81 Mn |
| Dec 31, 2022 | -984,235.13 |
| Sep 30, 2022 | 6.30 Mn |
| Jun 30, 2022 | 2.94 Mn |
| Mar 31, 2022 | -55.65 Mn |
| Dec 31, 2021 | -145,180.50 |
| Sep 30, 2021 | -2.55 Mn |
| Jun 30, 2021 | 2.36 Mn |
| Mar 31, 2021 | -338.29 Mn |