Canopy Growth FY27 Q1 net loss narrows 68% to C$ 14.58 million; revenue rises 13% to C$ 81.17 million
Reuters2026/08/07 10:48- 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 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.
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