Canopy Growth Corp
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $284.6M | $269.0M | $297.1M | $333.3M | $475.7M | $546.6M | $398.8M | $12.8M |
| Cost of Revenue | $214.9M | $189.5M | $216.3M | $396.8M | $663.1M | $479.7M | $430.5M | $198.1M |
| Gross Profit | $69.7M | $79.5M | $80.9M | $-63.5M | $-187.4M | $67.0M | $-31.7M | $28.2M |
| Gross Margin | 24.5% | 29.6% | 27.2% | -19.1% | -39.4% | 12.2% | -7.9% | 221.4% |
| Operating Expenses | ||||||||
| Research & Development | $2.6M | $2.7M | $4.6M | $21.7M | $32.3M | $57.6M | $61.8M | $15.2M |
| SG&A Expense | $160.0M | $169.6M | $229.4M | $342.5M | $415.4M | $575.4M | $693.7M | $392.3M |
| Operating Income | $-161.7M | $-117.1M | $-228.7M | $-2.63B | $-1.02B | $-1.24B | $-1.67B | $-637.5M |
| Operating Margin | -56.8% | -43.5% | -77.0% | -789.3% | -214.2% | -227.5% | -418.5% | -4,996.1% |
| Interest Expense | $38.2M | $74.6M | $105.4M | $126.2M | $103.9M | $8.5M | $6.7M | $2.0M |
| Pretax Income | $-262.9M | $-507.8M | $-507.8M | $-3.09B | $-267.9M | $-1.68B | $-1.51B | $-707.9M |
| Income Tax Expense | $23.0K | $7.1M | $12.3M | $-5.7M | $-8.9M | $-13.1M | $-121.6M | $4.1M |
| Net Income | $-262.9M | $-508.9M | $-712.2M | $-3.31B | $-330.6M | $-1.67B | $-1.39B | $-26.3M |
| Net Margin | -92.4% | -189.2% | -239.7% | -993.1% | -69.5% | -305.6% | -347.9% | -206.0% |
| EPS (Basic) | $-0.88 | $-1.58 | $-3.09 | $-23.56 | $-2.64 | $-1.56 | $-1.27 | $-0.92 |
| EPS (Diluted) | $-0.88 | $-1.58 | $-3.09 | $-23.56 | $-2.64 | $-1.56 | $-1.27 | $-0.92 |
| Shares Outstanding (Basic) | 298.0M | 322.7M | 224.4M | 139.1M | 117.4M | 1.11B | 1.11B | — |
| Shares Outstanding (Diluted) | 298.0M | 322.7M | 224.4M | 139.1M | 117.4M | 1.11B | 1.11B | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |