Filing Flows › Canopy Growth (CGC) › Q2 FY27 › vs Q1 FY27
Canopy Growth (CGC) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Canopy Growth's revenue fell $857K (-0.9%) from $100M in Q1 FY27 to $99.5M in Q2 FY27. The biggest changes: Cannabis Net Revenue +$1.1M (+2%); Other revenues −$1.1M (-6%); Storz and Bickel −$942K (-6%).
Canopy Growth, Q2 FY27: revenue $99.5M (+20% year over year), operating margin -23.1%, net loss $40.7M, operating cash flow −$12.6M. The chart draws each line against Q1 FY27, the increases inside each band.
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Cannabis Net Revenue | $66.2M | $65.1M | $1.1M | +2% |
| Storz and Bickel | $15.1M | $16.1M | −$942K | -6% |
| Other revenues | $18.1M | $19.2M | −$1.1M | -6% |
| Revenue | $99.5M | $100M | −$857K | -0.9% |
| Income tax benefit | $800K | $129K | $671K | +520% |
| Net loss | $40.7M | $14.6M | $26.1M | +179% |
| Costs & expenses | $141M | $122M | $18.5M | +15% |
| Operating costs | $122M | $122M | −$4K | 0% |
| Interest & other, net | $18.5M | −$7.4M | $25.9M | — |
| Cost of revenue | $76.2M | $78.1M | −$2.0M | -3% |
| SG&A | $39.7M | $40.2M | −$530K | -1% |
| Other operating costs | $6.6M | $4.1M | $2.5M | +61% |
| Operating cash sources | $40.7M | $14.6M | $26.1M | +179% |
| Depreciation & amortization | $10.4M | $10.0M | $322K | +3% |
| Share-based compensation | $4.0M | $1.4M | $2.7M | +197% |
| Working capital & other | $13.7M | −$21.8M | $35.6M | — |
| Cash used in operations | $12.6M | $25.0M | −$12.4M | -50% |
| Net loss absorbed | $40.7M | $14.6M | $26.1M | +179% |
Questions
How much did Canopy Growth's revenue grow quarter over quarter in Q2 FY27?
Canopy Growth's revenue fell $857K (-0.9%) from $100M in Q1 FY27 to $99.5M in Q2 FY27.
What drove Canopy Growth's revenue change in Q2 FY27?
Cannabis Net Revenue +$1.1M (+2%); Other revenues −$1.1M (-6%); Storz and Bickel −$942K (-6%).