earnings
confidence high
sentiment positive
materiality 0.70
Canopy Growth Q2 revenue $67M (+6% YoY); going concern doubt resolved
Canopy Growth Corp
2026-Q2 EPS reported
-$0.19
revenue$138,817,000
- Canada adult-use net revenue $24M, up 30% YoY; Canada medical $22M, up 17%.
- Consolidated gross margin 33% (down 200bps YoY, up 800bps sequentially).
- Operating loss improved 63% to $17M; Adjusted EBITDA loss narrowed to $3M from $6M.
- Cash $298M exceeds debt by $70M; going concern doubt resolved. Prepaid US$50M on term loan.
- SG&A down 13% YoY; $21M annualized savings captured since March 2025.