Canopy Growth CGC
NASDAQ CGC
$0.96 0.00 (-0.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Canopy Growth (CGC) Tax Rate (2019 - 2026)

Canopy Growth's (CGC) quarterly Tax Rate came in at 0.88% in Q2 2026, up 153.0% year-over-year from 0.35% in Q2 2025, and up 207.81% quarter-over-quarter from 0.81% in Q4 2025.

Analysis

Canopy Growth (CGC) Tax Rate (2019 - 2026) Analysis & Trends

Canopy Growth has disclosed Tax Rate across 8 years of filings, most recently posting 0.88% for Q2 2026.

  • In Q2 2026, Tax Rate rose 153.0% year-over-year to 0.88%; the TTM figure through Jun 2026 stood at 0.73% (up 128.0% YoY), while the FY2026 annual figure was 15.0%, up 643.0% from the prior year.
  • Tax Rate came in at 0.88% for Q2 2026 at Canopy Growth, up from 0.81% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 137.08% in Q1 2023 to a low of 23.6% in Q2 2023.
  • Average Tax Rate over 5 years is 10.04%, with a median of 0.3% recorded in 2024.
  • Year-over-year, Tax Rate jumped 12367 bps in 2023 and sank 7803 bps in 2024.
  • Over 5 years, Tax Rate stood at 0.59% in 2022, then decreased by 16 bps to 0.49% in 2023, then sank by 166 bps to 0.32% in 2024, then plunged by 152 bps to 0.81% in 2025, then jumped by 208 bps to 0.88% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.88% in Q2 2026, 0.81% in Q4 2025, and 4.49% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 147.48%
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn -5.73%
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 78.51%
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 0.14%
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn -202.92%
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 140.85%
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn 42.30%
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn -27.89%
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn 0.88%
10 Sndl 362.57 Mn 230.02 Mn 40.74 Mn -17.72%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.88%
Dec 31, 2025 -0.81%
Sep 30, 2025 -4.49%
Jun 30, 2025 -0.65%
Dec 31, 2024 -0.32%
Sep 30, 2024 -0.27%
Jun 30, 2024 -6.09%
Mar 31, 2024 59.06%
Dec 31, 2023 0.49%
Sep 30, 2023 -10.12%
Jun 30, 2023 -23.60%
Mar 31, 2023 137.08%
Dec 31, 2022 0.59%
Sep 30, 2022 -4.37%
Jun 30, 2022 -0.18%
Mar 31, 2022 13.41%
Dec 31, 2021 0.16%
Sep 30, 2021 16.41%
Jun 30, 2021 0.74%
Mar 31, 2021 69.99%