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Side-by-side financial comparison of AURORA CANNABIS INC (ACB) and Clarus Corp (CLAR). Click either name above to swap in a different company.

AURORA CANNABIS INC is the larger business by last-quarter revenue ($81.6M vs $65.4M, roughly 1.2× Clarus Corp). Clarus Corp runs the higher net margin — -47.8% vs -756.4%, a 708.6% gap on every dollar of revenue. Clarus Corp produced more free cash flow last quarter ($11.6M vs $-8.6M).

Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton. It trades on the Toronto Stock Exchange and Nasdaq as ACB. As of September 2018, Aurora Cannabis had eight licensed production facilities, five sales licences, and operations in 25 countries. It had a funded capacity of over 625,000 kilograms of cannabis production per annum with the bulk of capacity based in Canada and a growing presence in international markets, particularly Denmark and Latin America. ...

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

ACB vs CLAR — Head-to-Head

Bigger by revenue
ACB
ACB
1.2× larger
ACB
$81.6M
$65.4M
CLAR
Higher net margin
CLAR
CLAR
708.6% more per $
CLAR
-47.8%
-756.4%
ACB
More free cash flow
CLAR
CLAR
$20.2M more FCF
CLAR
$11.6M
$-8.6M
ACB

Income Statement — Q1 FY2024 vs Q4 FY2025

Metric
ACB
ACB
CLAR
CLAR
Revenue
$81.6M
$65.4M
Net Profit
$-617.0M
$-31.3M
Gross Margin
8.7%
27.7%
Operating Margin
-73.7%
-59.6%
Net Margin
-756.4%
-47.8%
Revenue YoY
-8.4%
Net Profit YoY
52.3%
EPS (diluted)
$-0.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACB
ACB
CLAR
CLAR
Q4 25
$65.4M
Q3 25
$69.3M
Q2 25
$55.2M
Q1 25
$60.4M
Q4 24
$71.4M
Q3 24
$67.1M
Q2 24
$56.5M
Q1 24
$69.3M
Net Profit
ACB
ACB
CLAR
CLAR
Q4 25
$-31.3M
Q3 25
$-1.6M
Q2 25
$-8.4M
Q1 25
$-5.2M
Q4 24
$-65.5M
Q3 24
$-3.2M
Q2 24
$-5.5M
Q1 24
$21.9M
Gross Margin
ACB
ACB
CLAR
CLAR
Q4 25
27.7%
Q3 25
35.1%
Q2 25
35.6%
Q1 25
34.4%
Q4 24
33.4%
Q3 24
35.0%
Q2 24
36.1%
Q1 24
35.9%
Operating Margin
ACB
ACB
CLAR
CLAR
Q4 25
-59.6%
Q3 25
-4.4%
Q2 25
-19.7%
Q1 25
-11.2%
Q4 24
-70.2%
Q3 24
-8.0%
Q2 24
-14.4%
Q1 24
-9.8%
Net Margin
ACB
ACB
CLAR
CLAR
Q4 25
-47.8%
Q3 25
-2.3%
Q2 25
-15.3%
Q1 25
-8.7%
Q4 24
-91.8%
Q3 24
-4.7%
Q2 24
-9.7%
Q1 24
31.6%
EPS (diluted)
ACB
ACB
CLAR
CLAR
Q4 25
$-0.81
Q3 25
$-0.04
Q2 25
$-0.22
Q1 25
$-0.14
Q4 24
$-1.72
Q3 24
$-0.08
Q2 24
$-0.14
Q1 24
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACB
ACB
CLAR
CLAR
Cash + ST InvestmentsLiquidity on hand
$36.7M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$196.4M
Total Assets
$249.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACB
ACB
CLAR
CLAR
Q4 25
$36.7M
Q3 25
$29.5M
Q2 25
$28.5M
Q1 25
$41.3M
Q4 24
$45.4M
Q3 24
$36.4M
Q2 24
$46.2M
Q1 24
$47.5M
Total Debt
ACB
ACB
CLAR
CLAR
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
ACB
ACB
CLAR
CLAR
Q4 25
$196.4M
Q3 25
$225.8M
Q2 25
$225.1M
Q1 25
$229.3M
Q4 24
$233.1M
Q3 24
$308.5M
Q2 24
$307.3M
Q1 24
$310.4M
Total Assets
ACB
ACB
CLAR
CLAR
Q4 25
$249.0M
Q3 25
$283.1M
Q2 25
$286.5M
Q1 25
$292.8M
Q4 24
$294.1M
Q3 24
$375.3M
Q2 24
$369.4M
Q1 24
$377.0M
Debt / Equity
ACB
ACB
CLAR
CLAR
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACB
ACB
CLAR
CLAR
Operating Cash FlowLast quarter
$-4.3M
$12.5M
Free Cash FlowOCF − Capex
$-8.6M
$11.6M
FCF MarginFCF / Revenue
-10.6%
17.7%
Capex IntensityCapex / Revenue
5.3%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACB
ACB
CLAR
CLAR
Q4 25
$12.5M
Q3 25
$-5.7M
Q2 25
$-9.4M
Q1 25
$-2.1M
Q4 24
$16.6M
Q3 24
$-8.3M
Q2 24
$834.0K
Q1 24
$-16.4M
Free Cash Flow
ACB
ACB
CLAR
CLAR
Q4 25
$11.6M
Q3 25
$-7.0M
Q2 25
$-11.3M
Q1 25
$-3.3M
Q4 24
$14.4M
Q3 24
$-9.4M
Q2 24
$-744.0K
Q1 24
$-18.3M
FCF Margin
ACB
ACB
CLAR
CLAR
Q4 25
17.7%
Q3 25
-10.0%
Q2 25
-20.4%
Q1 25
-5.4%
Q4 24
20.1%
Q3 24
-14.0%
Q2 24
-1.3%
Q1 24
-26.3%
Capex Intensity
ACB
ACB
CLAR
CLAR
Q4 25
1.4%
Q3 25
1.8%
Q2 25
3.4%
Q1 25
2.0%
Q4 24
3.1%
Q3 24
1.6%
Q2 24
2.8%
Q1 24
2.7%
Cash Conversion
ACB
ACB
CLAR
CLAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACB
ACB

Segment breakdown not available.

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

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