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Side-by-side financial comparison of Canopy Growth Corp (CGC) and Elme Communities (ELME). Click either name above to swap in a different company.

Elme Communities is the larger business by last-quarter revenue ($62.1M vs $54.4M, roughly 1.1× Canopy Growth Corp). Canopy Growth Corp runs the higher net margin — -84.0% vs -198.9%, a 114.9% gap on every dollar of revenue. On growth, Elme Communities posted the faster year-over-year revenue change (1.7% vs -0.3%). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs 1.2%).

Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

CGC vs ELME — Head-to-Head

Bigger by revenue
ELME
ELME
1.1× larger
ELME
$62.1M
$54.4M
CGC
Growing faster (revenue YoY)
ELME
ELME
+2.0% gap
ELME
1.7%
-0.3%
CGC
Higher net margin
CGC
CGC
114.9% more per $
CGC
-84.0%
-198.9%
ELME
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
1.2%
CGC

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
CGC
CGC
ELME
ELME
Revenue
$54.4M
$62.1M
Net Profit
$-45.7M
$-123.5M
Gross Margin
28.8%
61.1%
Operating Margin
-35.3%
-183.3%
Net Margin
-84.0%
-198.9%
Revenue YoY
-0.3%
1.7%
Net Profit YoY
48.6%
-4058.7%
EPS (diluted)
$-1.40

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
CGC
CGC
ELME
ELME
Q4 25
$54.4M
Q3 25
$48.7M
$62.1M
Q2 25
$52.7M
$62.1M
Q1 25
$47.5M
$61.5M
Q4 24
$54.6M
$61.3M
Q3 24
$46.0M
$61.1M
Q2 24
$48.3M
$60.1M
Q1 24
$53.1M
$59.5M
Net Profit
CGC
CGC
ELME
ELME
Q4 25
$-45.7M
Q3 25
$-1.2M
$-123.5M
Q2 25
$-30.3M
$-3.6M
Q1 25
$-4.7M
Q4 24
$-89.0M
$-3.0M
Q3 24
$-93.7M
$-3.0M
Q2 24
$-92.8M
$-3.5M
Q1 24
$-3.6M
Gross Margin
CGC
CGC
ELME
ELME
Q4 25
28.8%
Q3 25
32.8%
61.1%
Q2 25
25.0%
63.5%
Q1 25
16.2%
64.2%
Q4 24
32.2%
62.9%
Q3 24
34.7%
63.5%
Q2 24
34.8%
63.4%
Q1 24
21.3%
63.5%
Operating Margin
CGC
CGC
ELME
ELME
Q4 25
-35.3%
Q3 25
-25.3%
-183.3%
Q2 25
-31.4%
9.6%
Q1 25
7.8%
Q4 24
-31.9%
10.4%
Q3 24
-72.9%
11.0%
Q2 24
-44.0%
9.8%
Q1 24
7.5%
Net Margin
CGC
CGC
ELME
ELME
Q4 25
-84.0%
Q3 25
-2.5%
-198.9%
Q2 25
-57.6%
-5.7%
Q1 25
-7.6%
Q4 24
-163.0%
-4.9%
Q3 24
-203.7%
-4.9%
Q2 24
-192.0%
-5.8%
Q1 24
-6.1%
EPS (diluted)
CGC
CGC
ELME
ELME
Q4 25
Q3 25
$-1.40
Q2 25
$-0.04
Q1 25
$-0.05
Q4 24
$-0.04
Q3 24
$-0.03
Q2 24
$-0.04
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
ELME
ELME
Cash + ST InvestmentsLiquidity on hand
$271.1M
$7.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$553.5M
$908.9M
Total Assets
$807.5M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
ELME
ELME
Q4 25
$271.1M
Q3 25
$217.6M
$7.1M
Q2 25
$104.8M
$4.8M
Q1 25
$96.0M
$6.4M
Q4 24
$130.2M
$6.1M
Q3 24
$168.8M
$4.8M
Q2 24
$142.3M
$5.6M
Q1 24
$148.5M
$4.2M
Stockholders' Equity
CGC
CGC
ELME
ELME
Q4 25
$553.5M
Q3 25
$537.3M
$908.9M
Q2 25
$357.0M
$1.0B
Q1 25
$355.7M
$1.1B
Q4 24
$431.8M
$1.1B
Q3 24
$372.1M
$1.1B
Q2 24
$389.0M
$1.1B
Q1 24
$365.3M
$1.1B
Total Assets
CGC
CGC
ELME
ELME
Q4 25
$807.5M
Q3 25
$781.0M
$1.7B
Q2 25
$660.4M
$1.8B
Q1 25
$669.9M
$1.8B
Q4 24
$849.9M
$1.8B
Q3 24
$899.6M
$1.9B
Q2 24
$938.9M
$1.9B
Q1 24
$949.2M
$1.9B

Cash Flow & Capital Efficiency

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

Metric
CGC
CGC
ELME
ELME
Operating Cash FlowLast quarter
$15.9M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
14.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
ELME
ELME
Q4 25
Q3 25
$15.9M
Q2 25
$-7.5M
$29.8M
Q1 25
$-121.0M
$16.2M
Q4 24
$95.2M
Q3 24
$20.7M
Q2 24
$-37.8M
$28.9M
Q1 24
$-205.8M
$21.2M
Free Cash Flow
CGC
CGC
ELME
ELME
Q4 25
Q3 25
$7.2M
Q2 25
$-8.5M
$21.1M
Q1 25
$-128.9M
$10.5M
Q4 24
$47.9M
Q3 24
$8.8M
Q2 24
$-40.7M
$21.0M
Q1 24
$-208.3M
$7.6M
FCF Margin
CGC
CGC
ELME
ELME
Q4 25
Q3 25
11.6%
Q2 25
-16.1%
34.1%
Q1 25
-271.5%
17.1%
Q4 24
78.1%
Q3 24
14.4%
Q2 24
-84.1%
34.9%
Q1 24
-392.1%
12.8%
Capex Intensity
CGC
CGC
ELME
ELME
Q4 25
Q3 25
14.0%
Q2 25
1.8%
14.0%
Q1 25
16.6%
9.2%
Q4 24
77.4%
Q3 24
19.4%
Q2 24
5.9%
13.1%
Q1 24
4.7%
22.9%

Financial Flow Comparison

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

Revenue Breakdown by Segment

CGC
CGC

Other$24.0M44%
Canadian Adult Use Cannabis$22.9M42%
International Markets Cannabis$6.2M11%
Other Geographical Area$1.2M2%

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

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