earnings
confidence high
sentiment neutral
materiality 0.80
Canopy Growth Reports Q3 FY2025 Results: Revenue Down 5%, Adjusted EBITDA Improves 61%
Canopy Growth Corp
2025-Q3 EPS
reported -$4.09
vs consensus -$0.16
▼ miss
(-2437.2%)
- Net revenue was $74.8M, down 5% YoY but up 8% excluding divestitures.
- Canada medical cannabis net revenue rose 16% to $19.6M; Storz & Bickel revenue up 19% to $22M.
- Adjusted EBITDA loss improved 61% to $3.5M; net loss from continuing operations was $121.9M.
- Total debt reduced to $442M from $554M at September 30, 2024, after early term loan prepayment.
- Claybourne infused pre-rolls launched in Canada, reaching #3 market share in BC and Ontario within 6 weeks.