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Side-by-side financial comparison of Canopy Growth Corp (CGC) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.
GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($104.1M vs $54.4M, roughly 1.9× Canopy Growth Corp). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -84.0%, a 82.6% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -0.3%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 1.2%).
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.
CGC vs GDYN — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $54.4M | $104.1M |
| Net Profit | $-45.7M | $-1.5M |
| Gross Margin | 28.8% | 34.8% |
| Operating Margin | -35.3% | 61.7% |
| Net Margin | -84.0% | -1.4% |
| Revenue YoY | -0.3% | 3.7% |
| Net Profit YoY | 48.6% | -150.6% |
| EPS (diluted) | — | $-0.02 |
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 | — | $104.1M | ||
| Q4 25 | $54.4M | $106.2M | ||
| Q3 25 | $48.7M | $104.2M | ||
| Q2 25 | $52.7M | $101.1M | ||
| Q1 25 | $47.5M | $100.4M | ||
| Q4 24 | $54.6M | $100.3M | ||
| Q3 24 | $46.0M | $87.4M | ||
| Q2 24 | $48.3M | $83.0M |
| Q1 26 | — | $-1.5M | ||
| Q4 25 | $-45.7M | $306.0K | ||
| Q3 25 | $-1.2M | $1.2M | ||
| Q2 25 | $-30.3M | $5.3M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | $-89.0M | $4.5M | ||
| Q3 24 | $-93.7M | $4.3M | ||
| Q2 24 | $-92.8M | $-817.0K |
| Q1 26 | — | 34.8% | ||
| Q4 25 | 28.8% | 34.0% | ||
| Q3 25 | 32.8% | 33.3% | ||
| Q2 25 | 25.0% | 34.1% | ||
| Q1 25 | 16.2% | 36.8% | ||
| Q4 24 | 32.2% | 36.9% | ||
| Q3 24 | 34.7% | 37.4% | ||
| Q2 24 | 34.8% | 35.6% |
| Q1 26 | — | 61.7% | ||
| Q4 25 | -35.3% | 0.5% | ||
| Q3 25 | -25.3% | -0.2% | ||
| Q2 25 | -31.4% | -0.1% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | -31.9% | 1.3% | ||
| Q3 24 | -72.9% | 2.4% | ||
| Q2 24 | -44.0% | 0.0% |
| Q1 26 | — | -1.4% | ||
| Q4 25 | -84.0% | 0.3% | ||
| Q3 25 | -2.5% | 1.1% | ||
| Q2 25 | -57.6% | 5.2% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | -163.0% | 4.5% | ||
| Q3 24 | -203.7% | 4.9% | ||
| Q2 24 | -192.0% | -1.0% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | — | $0.01 | ||
| Q3 25 | — | $0.01 | ||
| Q2 25 | — | $0.06 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $-0.01 |
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 | $327.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $553.5M | $530.1M |
| Total Assets | $807.5M | $605.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $327.5M | ||
| Q4 25 | $271.1M | $342.1M | ||
| Q3 25 | $217.6M | $338.6M | ||
| Q2 25 | $104.8M | $336.8M | ||
| Q1 25 | $96.0M | $325.5M | ||
| Q4 24 | $130.2M | $334.7M | ||
| Q3 24 | $168.8M | $231.3M | ||
| Q2 24 | $142.3M | $256.0M |
| Q1 26 | — | $530.1M | ||
| Q4 25 | $553.5M | $542.1M | ||
| Q3 25 | $537.3M | $537.7M | ||
| Q2 25 | $357.0M | $532.2M | ||
| Q1 25 | $355.7M | $517.4M | ||
| Q4 24 | $431.8M | $517.8M | ||
| Q3 24 | $372.1M | $400.2M | ||
| Q2 24 | $389.0M | $388.4M |
| Q1 26 | — | $605.0M | ||
| Q4 25 | $807.5M | $612.9M | ||
| Q3 25 | $781.0M | $613.2M | ||
| Q2 25 | $660.4M | $608.9M | ||
| Q1 25 | $669.9M | $590.9M | ||
| Q4 24 | $849.9M | $592.2M | ||
| Q3 24 | $899.6M | $477.3M | ||
| Q2 24 | $938.9M | $443.6M |
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% |
GDYN
Segment breakdown not available.
