Canopy Growth posted a net loss of CAD 14.58 million, narrowing from a year-earlier loss of CAD 44.86 million in the quarter ended June 30, 2026.
Net revenue rose 13% to CAD 81.17 million, while gross margin expanded 2 percentage points to 27%.
Other income totaled CAD 7.4 million, swinging from a year-earlier other expense of CAD 21.95 million, on fair-value changes tied to Canopy USA assets.
Adjusted EBITDA loss (non-GAAP) narrowed to CAD 3.24 million from CAD 7.92 million.
Cash position and free cash flow
Cash and cash equivalents were CAD 336.63 million at June 30, 2026; free cash flow (non-GAAP) was an outflow of CAD 25.75 million.
CGC•
