Skip to content
Q4 '26Q3 '26Q2 '26Q1 '26Q4 '25
Profitability
Gross margin24.5%-1.4pp25.8%-0.9pp26.8%-0.3pp27.1%-2.5pp29.6%-1.0pp
Operating margin-56.8%-26.6pp-30.2%-0.9pp-29.3%+11.0pp-40.3%+3.3pp-43.5%+30.7pp
Net margin-92.4%+16.9pp-109.3%+14.2pp-123.4%+39.5pp-162.9%+26.3pp-189.2%-22.5pp
EBITDA margin-44%-27.9pp-16.1%-1.4pp-14.7%+10.4pp-25.1%+2.5pp-27.5%+31.3pp
Free cash flow margin-24.3%+6.6pp-30.9%+3.3pp-34.2%+14.0pp-48.2%+17.4pp-65.6%-6.9pp
Returns
Return on equity-44.7%-115.8%-31.4pp
Return on assets-25.8%+1.0pp-26.8%+3.1pp-29.9%+11.0pp-40.9%+5.0pp-45.9%-9.3pp
Return on invested capital-24.4%-14.5%+7.8pp
Efficiency
Asset turnover0.3×0.0×0.2×0.0×0.2×0.0×0.3×0.0×0.2×0.0×
Inventory turnover2.1×0.0×2.1×0.0×2.1×-0.1×2.2×+0.1×2.2×0.0×
Liquidity
Current ratio3.3×-1.5×4.8×+0.2×4.6×+1.9×2.7×-0.1×2.9×+0.2×
Quick ratio2.6×-1.2×3.8×+0.3×3.6×+1.7×1.9×0.0×1.9×0.0×
Cash ratio2.3×-1.1×3.4×+0.3×3.1×+2.0×1.1×0.0×1.1×-0.1×
Leverage
Debt-to-equity0.4×0.7×-0.1×
Debt-to-assets0.2×0.0×0.2×0.0×0.2×-0.1×0.3×-0.1×0.4×0.0×
Per Share
Book value per share$2.34$4.45-12.0%
Valuation
Market capitalization$385.47M+66.3%$390.1M-14.4%$455.51M+95.0%$233.62M+64.4%$142.14M-57.6%
Enterprise value$299.5M-35.8%$243.77M-36.8%$385.63M-4.2%$402.72M+6.9%$376.73M-38.7%
Price / sales1.4×+0.5×1.4×-0.2×1.6×+0.8×0.8×+0.3×0.5×-0.7×
Price / book0.6×+0.1×0.3×-0.3×
EV / sales1.1×-0.7×0.9×-0.5×1.4×-0.1×1.5×+0.1×1.4×-0.8×
Free cash flow yield-17.9%+58.3pp-22.1%-1.2pp-20.9%+35.8pp-56.7%+67.5pp-124.2%-75.7pp
Earnings yield-68.2%+151pp-78%-2.5pp-75.5%+116pp-191.7%+166pp-358%-220pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Canopy Growth Corporation's profit margins?
Canopy Growth Corporation (CGC) runs a 24.5% gross margin and a -56.8% operating margin, with a -92.4% net margin.
Where do Canopy Growth Corporation's ratios come from?
Every ratio is computed from Canopy Growth Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.