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Side-by-side financial comparison of Canopy Growth Corp (CGC) and Finwise Bancorp (FINW). Click either name above to swap in a different company.
Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $42.7M, roughly 1.3× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 6.4% vs -84.0%, a 90.4% gap on every dollar of revenue. Over the past eight quarters, Finwise Bancorp's revenue compounded faster (47.0% CAGR vs 1.2%).
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
CGC vs FINW — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $54.4M | $42.7M |
| Net Profit | $-45.7M | $2.7M |
| Gross Margin | 28.8% | — |
| Operating Margin | -35.3% | — |
| Net Margin | -84.0% | 6.4% |
| Revenue YoY | -0.3% | — |
| Net Profit YoY | 48.6% | — |
| EPS (diluted) | — | $0.20 |
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.
| Q1 26 | — | $42.7M | ||
| Q4 25 | $54.4M | $46.9M | ||
| Q3 25 | $48.7M | $36.7M | ||
| Q2 25 | $52.7M | $25.1M | ||
| Q1 25 | $47.5M | $22.1M | ||
| Q4 24 | $54.6M | $21.1M | ||
| Q3 24 | $46.0M | $20.8M | ||
| Q2 24 | $48.3M | $19.8M |
| Q1 26 | — | $2.7M | ||
| Q4 25 | $-45.7M | $3.9M | ||
| Q3 25 | $-1.2M | $4.9M | ||
| Q2 25 | $-30.3M | $4.1M | ||
| Q1 25 | — | $3.2M | ||
| Q4 24 | $-89.0M | $2.8M | ||
| Q3 24 | $-93.7M | $3.5M | ||
| Q2 24 | $-92.8M | $3.2M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | -35.3% | 11.7% | ||
| Q3 25 | -25.3% | 17.5% | ||
| Q2 25 | -31.4% | 21.7% | ||
| Q1 25 | — | 20.1% | ||
| Q4 24 | -31.9% | 17.5% | ||
| Q3 24 | -72.9% | 22.2% | ||
| Q2 24 | -44.0% | 21.1% |
| Q1 26 | — | 6.4% | ||
| Q4 25 | -84.0% | 8.4% | ||
| Q3 25 | -2.5% | 13.3% | ||
| Q2 25 | -57.6% | 16.3% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | -163.0% | 13.2% | ||
| Q3 24 | -203.7% | 16.6% | ||
| Q2 24 | -192.0% | 16.1% |
| Q1 26 | — | $0.20 | ||
| Q4 25 | — | $0.27 | ||
| Q3 25 | — | $0.34 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | — | $0.19 | ||
| Q3 24 | — | $0.25 | ||
| Q2 24 | — | $0.24 |
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 | — | — |
| Stockholders' EquityBook value | $553.5M | $196.6M |
| Total Assets | $807.5M | $899.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $271.1M | $163.4M | ||
| Q3 25 | $217.6M | $105.6M | ||
| Q2 25 | $104.8M | $90.1M | ||
| Q1 25 | $96.0M | $120.3M | ||
| Q4 24 | $130.2M | $109.2M | ||
| Q3 24 | $168.8M | $85.8M | ||
| Q2 24 | $142.3M | $89.0M |
| Q1 26 | — | $196.6M | ||
| Q4 25 | $553.5M | $193.2M | ||
| Q3 25 | $537.3M | $187.8M | ||
| Q2 25 | $357.0M | $182.0M | ||
| Q1 25 | $355.7M | $177.4M | ||
| Q4 24 | $431.8M | $173.7M | ||
| Q3 24 | $372.1M | $170.4M | ||
| Q2 24 | $389.0M | $165.8M |
| Q1 26 | — | $899.4M | ||
| Q4 25 | $807.5M | $977.1M | ||
| Q3 25 | $781.0M | $899.9M | ||
| Q2 25 | $660.4M | $842.5M | ||
| Q1 25 | $669.9M | $804.1M | ||
| Q4 24 | $849.9M | $746.0M | ||
| Q3 24 | $899.6M | $683.0M | ||
| Q2 24 | $938.9M | $617.8M |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CGC
| Other | $24.0M | 44% |
| Canadian Adult Use Cannabis | $22.9M | 42% |
| International Markets Cannabis | $6.2M | 11% |
| Other Geographical Area | $1.2M | 2% |
FINW
| Net Interest Income | $28.1M | 66% |
| Noninterest Income | $14.6M | 34% |
