9 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $285M | -$263M | 24.5% | -56.8% | -$69M | $233M | $365M |
| 2025 | $269M | -$509M | 29.6% | -43.5% | -$177M | $304M | $114M |
| 2024 | $297M | -$694M | 27.2% | -77.0% | -$285M | $597M | $170M |
| 2023 | $333M | -$3.3B | -19.1% | -789.3% | -$567M | $1.3B | $668M |
| 2022 | $476M | -$310M | -39.4% | -214.2% | -$582M | $1.5B | $776M |
| 2021 | $547M | -$1.7B | 12.2% | -227.5% | -$630M | $1.6B | $1.2B |
| 2020 | $399M | -$1.3B | -7.9% | -418.5% | -$1.5B | $465M | $1.3B |
| 2019 | $226M | -$736M | 12.5% | -281.6% | -$1.2B | $946M | $2.5B |
| 2018 | $78M | -$67M | 42.3% | -153.4% | -$257M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $71M | -$157M | 11.6% | -134.5% | -$19M | $233M | $365M |
| Dec '25 | $75M | -$58M | 28.8% | -35.3% | -$19M | $225M | $371M |
| Sep '25 | $67M | -$5M | 32.8% | -25.3% | -$19M | $228M | $298M |
| Jun '25 | $72M | -$42M | 25.0% | -31.4% | -$12M | $295M | $126M |
| Mar '25 | $65M | -$132M | 16.2% | -28.1% | -$36M | $304M | $114M |
| Dec '24 | $75M | -$98M | 32.2% | -31.9% | -$28M | $442M | $162M |
| Sep '24 | $63M | -$109M | 34.7% | -72.9% | -$56M | $554M | $228M |
| Jun '24 | $66M | -$127M | 34.8% | -44.0% | -$56M | $561M | $192M |
| Mar '24 | $73M | -$148M | 21.3% | -146.6% | -$22M | $597M | $170M |
| Dec '23 | $79M | -$206M | 36.0% | -76.8% | -$33M | $612M | $143M |
| Sep '23 | $70M | -$301M | 33.7% | -10.1% | -$79M | $681M | $240M |
| Jun '23 | $76M | -$38M | 18.0% | -71.7% | -$151M | $1.0B | $533M |
| Mar '23 | $74M | -$712M | -141.3% | -923.1% | -$143M | $1.3B | $668M |
| Dec '22 | $85M | -$259M | 6.2% | -132.8% | -$146M | $326M | $598M |
| Sep '22 | $88M | -$292M | -0.7% | -169.6% | -$135M | $321M | $747M |
| Jun '22 | $110M | -$2.1B | -1.3% | -1669.4% | -$143M | $1.5B | $769M |
| Mar '22 | $102M | -$582M | -166.4% | -530.4% | -$127M | $1.5B | $776M |
| Dec '21 | $141M | -$109M | 7.2% | -106.4% | -$168M | $1.5B | $615M |
| Sep '21 | $131M | -$11M | -54.2% | -163.9% | -$101M | $1.5B | $808M |
| Jun '21 | $136M | $392M | 20.0% | -137.8% | -$186M | $1.6B | $560M |
How the market has priced CGC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Canopy Growth's revenue has declined 12.2% per year. These are computed facts, not advice.
As of FY2026, Canopy Growth reported $233M of total debt against $365M of cash; operating income covered interest expense -4.2×.
In FY2026, gross margin was 24.5%, operating margin -56.8%, and net margin -92.4%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.