Canopy Growth (CGC) Work In Process (2018 - 2025)
Canopy Growth's (CGC) quarterly Work In Process came in at $35.9 million in Q4 2025, up 17.29% year-on-year from $30.6 million in Q4 2024, and up 4.99% quarter-over-quarter from $34.2 million in Q3 2025.
Canopy Growth (CGC) Work In Process (2018 - 2025) Analysis & Trends
Canopy Growth has disclosed Work In Process across 8 years of filings, most recently posting $35.9 million for Q4 2025.
- Work In Process for Q4 2025 came in at $35.9 million, up 17.29% year-over-year; the trailing twelve-month figure through Dec 2025 was $35.9 million (up 17.29% YoY), and the FY2025 annual result was $32.7 million, up 40.55% from the prior year.
- Work In Process came in at $35.9 million for Q4 2025 at Canopy Growth, up from $34.2 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $178.8 million in Q2 2021 to a low of $23.3 million in Q1 2024.
- The 5-year median for Work In Process is $33.4 million (2025), against an average of $57.4 million.
- Across the five-year window, Work In Process tumbled 73.01% in 2022 and jumped 40.55% in 2025, its largest moves.
- Canopy Growth's Work In Process stood at $132.0 million in 2021, then slumped by 64.02% to $47.5 million in 2022, then plunged by 40.48% to $28.3 million in 2023, then grew by 8.19% to $30.6 million in 2024, then gained by 17.29% to $35.9 million in 2025.
- The last three Work In Process figures came in at $35.9 million (Q4 2025), $34.2 million (Q3 2025), and $29.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn |
| 10 | Canopy Growth | 11.38 Mn | -137.31 Mn | 15.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 35.88 Mn |
| Sep 30, 2025 | 34.17 Mn |
| Jun 30, 2025 | 29.33 Mn |
| Mar 31, 2025 | 32.72 Mn |
| Dec 31, 2024 | 30.59 Mn |
| Sep 30, 2024 | 30.00 Mn |
| Jun 30, 2024 | 26.16 Mn |
| Mar 31, 2024 | 23.28 Mn |
| Dec 31, 2023 | 28.28 Mn |
| Sep 30, 2023 | 27.31 Mn |
| Jun 30, 2023 | 25.04 Mn |
| Mar 31, 2023 | 25.23 Mn |
| Dec 31, 2022 | 47.50 Mn |
| Sep 30, 2022 | 45.91 Mn |
| Jun 30, 2022 | 48.27 Mn |
| Mar 31, 2022 | 51.51 Mn |
| Dec 31, 2021 | 132.03 Mn |
| Sep 30, 2021 | 118.45 Mn |
| Jun 30, 2021 | 178.83 Mn |
| Mar 31, 2021 | 176.71 Mn |