R&D expense · 2017–2025
Canopy Growth R&D expense
$1.9M−6.6% · FY2025
Canopy Growth (CGC) reported $1.9M in R&D expense for fiscal 2025, −6.6% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252026-03-31 | $1.9M | −6.6% | Open → |
| FY20242025-03-31 | $2.0M | −41.4% | Open → |
| FY20232024-03-31 | $3.4M | −79.5% | Open → |
| FY20222023-03-31 | $16.7M | −35.1% | Open → |
| FY20212022-03-31 | $25.7M | −40.1% | Open → |
| FY20202021-03-31 | $43.0M | −7.7% | Open → |
| FY20192020-03-31 | $46.6M | +295.9% | Open → |
| FY20182019-03-31 | $11.8M | +643.1% | Open → |
| FY20172018-03-31 | $1.6M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2017–2025 compound annual growth +2.1%
Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Canopy Growth R&D expense |url=https://companiesranked.com/en/company/canopy-growth/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Canopy Growth R&D expense. CompaniesRanked. https://companiesranked.com/en/company/canopy-growth/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-canopy-growth-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{Canopy Growth R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/canopy-growth/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001193125-26-270260 · June 15, 2026
{{cite web |title=Canopy Growth R&D expense — 10-K (0001193125-26-270260) |url=https://www.sec.gov/Archives/edgar/data/1737927/000119312526270260/cgc-20260331.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-06-15}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.