Earnings ·
Canopy Growth reports Q2 net revenue growth of 22% to $81.4M
CGCCanopy Growth Corp
Canopy Growth reported consolidated net revenue of $81.4 million for the second quarter ended September 30, 2026, a 22% increase from the prior-year period. Cannabis segment net revenue rose 30% to $66.2 million, driven by a 141% surge in international markets and growth in both Canadian medical and adult-use segments. The company posted an adjusted EBITDA loss of $2.9 million, an improvement of $0.2 million year-over-year, while net loss widened due to $35.8 million in fair value charges on Canopy USA assets. Free cash outflow decreased to $15.5 million from $19.2 million in the prior quarter. The company operates as a leading global cannabis producer and distributor.