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Canopy Growth Corporation CGC Cannabis — Gross Profit

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Other financials

Income statement

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Revenue$81.2M+12.5%
Gross profit$22.2M+23.3%
Operating income-$22.1M+2.3%
Net income-$14.6M+67.5%
EPS (diluted)-$0.03+87.5%

Balance sheet

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Cash & equivalents$336.6M+167%
Total debt$240.2M-18.7%
Total equity$697.6M+45.8%
Total assets$1.1B+22.0%

Cash flow

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Operating cash flow-$25.0M-142%
CapEx$737.0K-43.6%
Free cash flow-$25.7M-121%

Valuation

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Market cap$409.53M+75.3%
Enterprise value$313.11M-22.3%
P/S1.4×+0.5×

Profitability

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Gross margin25.2%-1.9pp
Operating margin-54.9%+31.3pp
Net margin-79.2%-26.9pp
FCF margin-28.3%-8.3pp

Returns & leverage

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Return on equity-44.7%-17.0pp
Debt / equity0.4×-0.3×
Current ratio+0.3×

Where this comes from

Reported directly by Canopy Growth Corporation in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Canopy Growth Corporation’s 10-K, filed June 15, 2026.

Filed
Jun 15, 2026, 6:46 AM EDT
Fiscal year
FY2026
Accession
0001193125-26-270260
Line itemYears ended / March 31, 2026Years ended / March 31, 2025Years ended / March 31, 2024
Other1--4,743
$284,603$268,995$297,146
Segmented gross margin:
Cannabis46,09248,99539,779
Storz & Bickel23,57830,51632,671
This Works--10,534
Other2--(2,102)
69,67079,51180,882

Item 16. Form 10-K Summary

FAQ

What is Canopy Growth Corporation's cannabis — gross profit?
Canopy Growth Corporation (CGC) reported cannabis — gross profit of $11.52M in Q1 2026.
How has Canopy Growth Corporation's cannabis — gross profit changed year-over-year?
Canopy Growth Corporation's cannabis — gross profit decreased by 5.9% year-over-year, from $12.25M to $11.52M.
What is the long-term trend for Canopy Growth Corporation's cannabis — gross profit?
Over 2 years (2024 to 2026), Canopy Growth Corporation's cannabis — gross profit has grown at a 7.6% compound annual growth rate (CAGR), from $39.78M to $46.09M.
What does cannabis — gross profit mean?
This metric measures the profit earned from the cannabis segment after deducting the direct costs associated with producing and distributing cannabis goods, such as cultivation, processing, and packaging expenses. It reflects the operational efficiency of the production process and the company's ability to manage input costs relative to its net sales. A stable or increasing gross profit indicates effective cost control and favorable product mix within the cannabis business unit.

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