InsiderClue
Stocks · Health care · Medicinal Chemicals & Botanical Products

Canopy Growth Corp

CGC Clue Score23
Ontario, Canada Fiscal year ends March CIK 0001737927
$0.83 -2.33% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $0.83 −93.66% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue77.9Operating income−119.6Net income−67.3Fiscal year 2019Revenue226.3 +190.4%Operating income−637.5Net income−736.3EPS, diluted−2.76Fiscal year 2019Revenue12.8 −94.4%Fiscal year 2020Revenue398.8 +3,025.4%Operating income−1,669.0Net income−1,321.3EPS, diluted−3.80Fiscal year 2021Revenue546.6 +37.1%Operating income−1,243.5Net income−1,744.9EPS, diluted−4.69Fiscal year 2022Revenue475.7 −13.0%Operating income−1,018.8Net income−310.0EPS, diluted−7.92Fiscal year 2023Revenue333.3 −29.9%Operating income−2,630.5Net income−3,278.2EPS, diluted−70.69Fiscal year 2024Revenue297.1 −10.8%Operating income−228.7Net income−693.7EPS, diluted−9.27Fiscal year 2025Revenue269.0 −9.5%Operating income−117.1Net income−508.9EPS, diluted−4.73Fiscal year 2026Revenue284.6 +5.8%Operating income−161.7Net income−262.9EPS, diluted−0.88
FY2018FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 77.9 226.3 12.8 398.8 546.6 475.7 333.3 297.1 269.0 284.6
Growth +190.4% −94.4% +3,025.4% +37.1% −13.0% −29.9% −10.8% −9.5% +5.8%
Operating income −119.6 −637.5 n/a −1,669.0 −1,243.5 −1,018.8 −2,630.5 −228.7 −117.1 −161.7
Net income −67.3 −736.3 n/a −1,321.3 −1,744.9 −310.0 −3,278.2 −693.7 −508.9 −262.9
Growth
EPS, diluted n/a −2.76 n/a −3.80 −4.69 −7.92 −70.69 −9.27 −4.73 −0.88

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin85.4%Operating margin−153.4%Net margin−86.3%Free cash flow margin−330.3%Fiscal year 2019Gross margin39.3%Operating margin−281.6%Net margin−325.3%Free cash flow margin−521.1%Fiscal year 2019Fiscal year 2020Operating margin−418.5%Net margin−331.3%Free cash flow margin−370.5%Fiscal year 2021Operating margin−227.5%Net margin−319.2%Free cash flow margin−115.3%Fiscal year 2022Operating margin−214.2%Net margin−65.2%Free cash flow margin−122.5%Fiscal year 2023Operating margin−789.3%Net margin−983.7%Free cash flow margin−170.0%Fiscal year 2024Operating margin−77.0%Net margin−233.4%Free cash flow margin−96.0%Fiscal year 2025Operating margin−43.5%Net margin−189.2%Free cash flow margin−65.6%Fiscal year 2026Operating margin−56.8%Net margin−92.4%Free cash flow margin−24.3%
FY2018FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 85.4% 39.3% n/a n/a n/a n/a n/a n/a n/a n/a
Operating margin −153.4% −281.6% n/a −418.5% −227.5% −214.2% −789.3% −77.0% −43.5% −56.8%
Net margin −86.3% −325.3% n/a −331.3% −319.2% −65.2% −983.7% −233.4% −189.2% −92.4%
Free cash flow margin −330.3% −521.1% n/a −370.5% −115.3% −122.5% −170.0% −96.0% −65.6% −24.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−81.5Capital expenditure−176.0Free cash flow−257.5Fiscal year 2019Operating cash flow−535.0Capital expenditure−644.5Free cash flow−1,179.5Fiscal year 2019Fiscal year 2020Operating cash flow−772.6Capital expenditure−704.9Free cash flow−1,477.6Fiscal year 2021Operating cash flow−465.7Capital expenditure−164.5Free cash flow−630.2Fiscal year 2022Operating cash flow−545.8Capital expenditure−36.7Free cash flow−582.5Fiscal year 2023Operating cash flow−557.5Capital expenditure−9.1Free cash flow−566.7Fiscal year 2024Operating cash flow−282.0Capital expenditure−3.4Free cash flow−285.4Fiscal year 2025Operating cash flow−165.8Capital expenditure−10.8Free cash flow−176.6Fiscal year 2026Operating cash flow−63.8Capital expenditure−5.3Free cash flow−69.1
FY2018FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow −81.5 −535.0 n/a −772.6 −465.7 −545.8 −557.5 −282.0 −165.8 −63.8
Capital expenditure −176.0 −644.5 n/a −704.9 −164.5 −36.7 −9.1 −3.4 −10.8 −5.3
Free cash flow −257.5 −1,179.5 n/a −1,477.6 −630.2 −582.5 −566.7 −285.4 −176.6 −69.1
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash322.6Total debt8.4Net cash (debt)314.1Shareholders’ equity1,130.4Debt to equity0.01Fiscal year 2019Cash2,480.8Total debt946.0Net cash (debt)1,534.9Shareholders’ equity6,780.2Debt to equity0.14Fiscal year 2019Shareholders’ equity6,177.6Fiscal year 2020Cash1,303.2Total debt465.4Net cash (debt)837.8Shareholders’ equity4,886.4Debt to equity0.10Fiscal year 2021Cash1,154.7Total debt1,583.0Net cash (debt)−428.3Shareholders’ equity3,481.8Debt to equity0.45Fiscal year 2022Cash776.0Total debt1,501.0Net cash (debt)−725.0Shareholders’ equity3,583.6Debt to equity0.42Fiscal year 2023Cash667.7Total debt1,306.9Net cash (debt)−639.2Shareholders’ equity758.4Debt to equity1.72Fiscal year 2024Cash170.3Total debt597.2Net cash (debt)−426.9Shareholders’ equity400.4Debt to equity1.49Fiscal year 2025Cash113.8Total debt304.1Net cash (debt)−190.3Shareholders’ equity478.6Debt to equity0.64Fiscal year 2026Cash364.7Total debt233.4Net cash (debt)131.3Shareholders’ equity697.6Debt to equity0.33
FY2018FY2019FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 322.6 2,480.8 n/a 1,303.2 1,154.7 776.0 667.7 170.3 113.8 364.7
Total debt 8.4 946.0 n/a 465.4 1,583.0 1,501.0 1,306.9 597.2 304.1 233.4
Net cash (debt) 314.1 1,534.9 n/a 837.8 −428.3 −725.0 −639.2 −426.9 −190.3 131.3
Shareholders’ equity 1,130.4 6,780.2 6,177.6 4,886.4 3,481.8 3,583.6 758.4 400.4 478.6 697.6
Debt to equity 0.01 0.14 n/a 0.10 0.45 0.42 1.72 1.49 0.64 0.33

In millions of CAD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In millions of CAD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2019 31 Dec 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022† 31 Mar 2022 FY2023 31 Mar 2023 FY2024† 31 Mar 2024 FY2025 31 Mar 2025 FY2026† 31 Mar 2026
Assets
101.8 322.6 2,480.8 n/a 1,303.2 1,154.7 776.0 667.7 170.3 113.8 364.7
5.8 21.4 61.8 n/a 51.2 67.1 68.2 41.3 44.9 47.5 31.2
46.0 101.6 190.1 n/a 391.1 368.0 204.5 83.2 77.3 96.4 110.5
96.3 303.7 1,096.3 n/a 1,524.8 1,074.5 942.8 471.3 320.1 293.5 316.5
241.4 314.9 1,544.1 n/a n/a n/a n/a n/a n/a n/a n/a
702.7 1,436.8 8,731.8 n/a n/a n/a n/a n/a n/a n/a n/a
Growth +104.5% +507.7%
Liabilities
1.7 1.6 103.7 n/a 16.4 9.8 9.3 556.9 103.9 4.3 16.2
8.6 6.9 842.3 n/a 449.0 1,573.1 1,491.7 750.0 493.3 299.8 217.1
calc 10.3 8.4 946.0 n/a 465.4 1,583.0 1,501.0 1,306.9 597.2 304.1 233.4
63.0 193.6 1,490.4 n/a n/a n/a n/a n/a n/a n/a n/a
Equity
−21.3 −91.6 −835.1 n/a −4,323.2 −6,068.2 −6,378.2 −9,672.8 −10,366.4 −10,875.3 −11,138.2
596.2 1,130.4 6,780.2 6,177.6 4,886.4 3,481.8 3,583.6 758.4 400.4 478.6 697.6
Growth +89.6% +499.8% −8.9% −20.9% −28.7% +2.9% −78.8% −47.2% +19.5% +45.8%
Per share and net cash
calc 91.5 314.1 1,534.9 n/a 837.8 −428.3 −725.0 −639.2 −426.9 −190.3 131.3
n/a 201.0 337.5 n/a 369.9 383.0 402.9 51.7 91.1 183.9 422.1
calc n/a 5.62 20.09 n/a 13.21 9.09 8.90 14.66 4.39 2.60 1.65

† The diluted share count jumps at 2022 and 2024 and 2026, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Shown in CAD as filed; the screener converts to dollars.