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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Canopy Growth Corp (CGC). Click either name above to swap in a different company.
FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $54.4M, roughly 2.0× Canopy Growth Corp). On growth, FEDERAL AGRICULTURAL MORTGAGE CORP posted the faster year-over-year revenue change (6.1% vs -0.3%). Over the past eight quarters, FEDERAL AGRICULTURAL MORTGAGE CORP's revenue compounded faster (7.1% CAGR vs 1.2%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
AGM vs CGC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $54.4M |
| Net Profit | — | $-45.7M |
| Gross Margin | — | 28.8% |
| Operating Margin | 56.3% | -35.3% |
| Net Margin | — | -84.0% |
| Revenue YoY | 6.1% | -0.3% |
| Net Profit YoY | — | 48.6% |
| EPS (diluted) | $3.69 | — |
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.
| Q4 25 | $107.5M | $54.4M | ||
| Q3 25 | $104.0M | $48.7M | ||
| Q2 25 | $102.6M | $52.7M | ||
| Q1 25 | $94.3M | $47.5M | ||
| Q4 24 | $101.3M | $54.6M | ||
| Q3 24 | $90.3M | $46.0M | ||
| Q2 24 | $89.9M | $48.3M | ||
| Q1 24 | $93.7M | $53.1M |
| Q4 25 | — | $-45.7M | ||
| Q3 25 | $55.0M | $-1.2M | ||
| Q2 25 | $54.8M | $-30.3M | ||
| Q1 25 | $49.7M | — | ||
| Q4 24 | $56.5M | $-89.0M | ||
| Q3 24 | $49.8M | $-93.7M | ||
| Q2 24 | $47.1M | $-92.8M | ||
| Q1 24 | $53.7M | — |
| Q4 25 | — | 28.8% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 25.0% | ||
| Q1 25 | — | 16.2% | ||
| Q4 24 | — | 32.2% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 34.8% | ||
| Q1 24 | — | 21.3% |
| Q4 25 | 56.3% | -35.3% | ||
| Q3 25 | 64.1% | -25.3% | ||
| Q2 25 | 63.8% | -31.4% | ||
| Q1 25 | 66.9% | — | ||
| Q4 24 | 67.5% | -31.9% | ||
| Q3 24 | 69.0% | -72.9% | ||
| Q2 24 | 65.9% | -44.0% | ||
| Q1 24 | 72.8% | — |
| Q4 25 | — | -84.0% | ||
| Q3 25 | 52.9% | -2.5% | ||
| Q2 25 | 53.4% | -57.6% | ||
| Q1 25 | 52.6% | — | ||
| Q4 24 | 55.8% | -163.0% | ||
| Q3 24 | 55.2% | -203.7% | ||
| Q2 24 | 52.4% | -192.0% | ||
| Q1 24 | 57.4% | — |
| Q4 25 | $3.69 | — | ||
| Q3 25 | $4.44 | — | ||
| Q2 25 | $4.48 | — | ||
| Q1 25 | $4.01 | — | ||
| Q4 24 | $4.62 | — | ||
| Q3 24 | $3.86 | — | ||
| Q2 24 | $3.68 | — | ||
| Q1 24 | $4.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $271.1M |
| Total DebtLower is stronger | $30.8B | — |
| Stockholders' EquityBook value | $1.7B | $553.5M |
| Total Assets | $35.4B | $807.5M |
| Debt / EquityLower = less leverage | 17.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $271.1M | ||
| Q3 25 | — | $217.6M | ||
| Q2 25 | — | $104.8M | ||
| Q1 25 | — | $96.0M | ||
| Q4 24 | — | $130.2M | ||
| Q3 24 | $842.1M | $168.8M | ||
| Q2 24 | $923.0M | $142.3M | ||
| Q1 24 | $745.1M | $148.5M |
| Q4 25 | $30.8B | — | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | $553.5M | ||
| Q3 25 | $1.7B | $537.3M | ||
| Q2 25 | $1.5B | $357.0M | ||
| Q1 25 | $1.5B | $355.7M | ||
| Q4 24 | $1.5B | $431.8M | ||
| Q3 24 | $1.5B | $372.1M | ||
| Q2 24 | $1.5B | $389.0M | ||
| Q1 24 | $1.5B | $365.3M |
| Q4 25 | $35.4B | $807.5M | ||
| Q3 25 | $33.4B | $781.0M | ||
| Q2 25 | $33.0B | $660.4M | ||
| Q1 25 | $31.8B | $669.9M | ||
| Q4 24 | $31.3B | $849.9M | ||
| Q3 24 | $30.6B | $899.6M | ||
| Q2 24 | $30.2B | $938.9M | ||
| Q1 24 | $29.8B | $949.2M |
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | — | ||
| Q3 24 | 18.60× | — | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | — | ||
| Q3 25 | $74.2M | — | ||
| Q2 25 | $-47.7M | $-7.5M | ||
| Q1 25 | $-49.8M | $-121.0M | ||
| Q4 24 | $612.6M | — | ||
| Q3 24 | $-44.4M | — | ||
| Q2 24 | $56.1M | $-37.8M | ||
| Q1 24 | $233.3M | $-205.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-8.5M | ||
| Q1 25 | — | $-128.9M | ||
| Q4 24 | $607.4M | — | ||
| Q3 24 | $-44.4M | — | ||
| Q2 24 | $52.6M | $-40.7M | ||
| Q1 24 | $231.7M | $-208.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -16.1% | ||
| Q1 25 | — | -271.5% | ||
| Q4 24 | 599.8% | — | ||
| Q3 24 | -49.2% | — | ||
| Q2 24 | 58.5% | -84.1% | ||
| Q1 24 | 247.3% | -392.1% |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | 1.8% | ||
| Q1 25 | 0.0% | 16.6% | ||
| Q4 24 | 5.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 4.0% | 5.9% | ||
| Q1 24 | 1.7% | 4.7% |
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | -0.87× | — | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | — | ||
| Q3 24 | -0.89× | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
CGC
| Other | $24.0M | 44% |
| Canadian Adult Use Cannabis | $22.9M | 42% |
| International Markets Cannabis | $6.2M | 11% |
| Other Geographical Area | $1.2M | 2% |
