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Side-by-side financial comparison of Canopy Growth Corp (CGC) and Four Corners Property Trust, Inc. (FCPT). Click either name above to swap in a different company.

Four Corners Property Trust, Inc. is the larger business by last-quarter revenue ($78.2M vs $54.4M, roughly 1.4× Canopy Growth Corp). Four Corners Property Trust, Inc. runs the higher net margin — 38.8% vs -84.0%, a 122.9% gap on every dollar of revenue. On growth, Four Corners Property Trust, Inc. posted the faster year-over-year revenue change (9.4% vs -0.3%). Over the past eight quarters, Four Corners Property Trust, Inc.'s revenue compounded faster (8.4% CAGR vs 1.2%).

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

Four Corners Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns, and manages a portfolio of high-quality net-leased commercial properties. Its assets are primarily restaurant and retail locations across the United States, with tenants largely operating in stable consumer-facing industry segments with proven operational performance.

CGC vs FCPT — Head-to-Head

Bigger by revenue
FCPT
FCPT
1.4× larger
FCPT
$78.2M
$54.4M
CGC
Growing faster (revenue YoY)
FCPT
FCPT
+9.7% gap
FCPT
9.4%
-0.3%
CGC
Higher net margin
FCPT
FCPT
122.9% more per $
FCPT
38.8%
-84.0%
CGC
Faster 2-yr revenue CAGR
FCPT
FCPT
Annualised
FCPT
8.4%
1.2%
CGC

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CGC
CGC
FCPT
FCPT
Revenue
$54.4M
$78.2M
Net Profit
$-45.7M
$30.4M
Gross Margin
28.8%
Operating Margin
-35.3%
55.3%
Net Margin
-84.0%
38.8%
Revenue YoY
-0.3%
9.4%
Net Profit YoY
48.6%
16.0%
EPS (diluted)
$0.28

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
FCPT
FCPT
Q1 26
$78.2M
Q4 25
$54.4M
$75.7M
Q3 25
$48.7M
$74.1M
Q2 25
$52.7M
$72.8M
Q1 25
$47.5M
$71.5M
Q4 24
$54.6M
$68.3M
Q3 24
$46.0M
$66.8M
Q2 24
$48.3M
$66.5M
Net Profit
CGC
CGC
FCPT
FCPT
Q1 26
$30.4M
Q4 25
$-45.7M
$29.4M
Q3 25
$-1.2M
$28.8M
Q2 25
$-30.3M
$27.9M
Q1 25
$26.2M
Q4 24
$-89.0M
$26.2M
Q3 24
$-93.7M
$25.6M
Q2 24
$-92.8M
$24.7M
Gross Margin
CGC
CGC
FCPT
FCPT
Q1 26
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%
Operating Margin
CGC
CGC
FCPT
FCPT
Q1 26
55.3%
Q4 25
-35.3%
Q3 25
-25.3%
Q2 25
-31.4%
Q1 25
Q4 24
-31.9%
Q3 24
-72.9%
Q2 24
-44.0%
Net Margin
CGC
CGC
FCPT
FCPT
Q1 26
38.8%
Q4 25
-84.0%
38.9%
Q3 25
-2.5%
38.9%
Q2 25
-57.6%
38.3%
Q1 25
36.6%
Q4 24
-163.0%
38.3%
Q3 24
-203.7%
38.3%
Q2 24
-192.0%
37.1%
EPS (diluted)
CGC
CGC
FCPT
FCPT
Q1 26
$0.28
Q4 25
$0.27
Q3 25
$0.28
Q2 25
$0.28
Q1 25
$0.26
Q4 24
$0.27
Q3 24
$0.27
Q2 24
$0.27

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
FCPT
FCPT
Cash + ST InvestmentsLiquidity on hand
$271.1M
$29.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$553.5M
$1.7B
Total Assets
$807.5M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
FCPT
FCPT
Q1 26
$29.6M
Q4 25
$271.1M
$12.1M
Q3 25
$217.6M
$6.7M
Q2 25
$104.8M
$6.0M
Q1 25
$96.0M
$22.3M
Q4 24
$130.2M
$4.1M
Q3 24
$168.8M
$44.5M
Q2 24
$142.3M
$17.2M
Total Debt
CGC
CGC
FCPT
FCPT
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CGC
CGC
FCPT
FCPT
Q1 26
$1.7B
Q4 25
$553.5M
$1.6B
Q3 25
$537.3M
$1.5B
Q2 25
$357.0M
$1.5B
Q1 25
$355.7M
$1.4B
Q4 24
$431.8M
$1.5B
Q3 24
$372.1M
$1.4B
Q2 24
$389.0M
$1.3B
Total Assets
CGC
CGC
FCPT
FCPT
Q1 26
$3.0B
Q4 25
$807.5M
$2.9B
Q3 25
$781.0M
$2.8B
Q2 25
$660.4M
$2.8B
Q1 25
$669.9M
$2.7B
Q4 24
$849.9M
$2.7B
Q3 24
$899.6M
$2.6B
Q2 24
$938.9M
$2.5B
Debt / Equity
CGC
CGC
FCPT
FCPT
Q1 26
Q4 25
0.74×
Q3 25
0.79×
Q2 25
0.81×
Q1 25
0.84×
Q4 24
0.78×
Q3 24
0.84×
Q2 24
0.92×

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%

FCPT
FCPT

Rental revenue$69.8M89%
Restaurant revenue$8.4M11%

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