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Side-by-side financial comparison of Canopy Growth Corp (CGC) and INSEEGO CORP. (INSG). Click either name above to swap in a different company.
Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $48.4M, roughly 1.1× INSEEGO CORP.). INSEEGO CORP. runs the higher net margin — 1.0% vs -84.0%, a 85.0% gap on every dollar of revenue. On growth, INSEEGO CORP. posted the faster year-over-year revenue change (0.6% vs -0.3%). Over the past eight quarters, INSEEGO CORP.'s revenue compounded faster (13.6% CAGR vs 1.2%).
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
Inseego Corp designs, manufactures and delivers advanced 5G and IoT solutions including mobile hotspots, edge computing devices, and cloud-based device management platforms. It primarily serves telecom operators, enterprise clients, and public sector customers across global markets.
CGC vs INSG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $54.4M | $48.4M |
| Net Profit | $-45.7M | $469.0K |
| Gross Margin | 28.8% | 42.2% |
| Operating Margin | -35.3% | 2.7% |
| Net Margin | -84.0% | 1.0% |
| Revenue YoY | -0.3% | 0.6% |
| Net Profit YoY | 48.6% | 182.9% |
| 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.
| Q4 25 | $54.4M | $48.4M | ||
| Q3 25 | $48.7M | $45.9M | ||
| Q2 25 | $52.7M | $40.2M | ||
| Q1 25 | $47.5M | $31.7M | ||
| Q4 24 | $54.6M | $48.1M | ||
| Q3 24 | $46.0M | $54.0M | ||
| Q2 24 | $48.3M | $51.6M | ||
| Q1 24 | $53.1M | $37.5M |
| Q4 25 | $-45.7M | $469.0K | ||
| Q3 25 | $-1.2M | $1.4M | ||
| Q2 25 | $-30.3M | $507.0K | ||
| Q1 25 | — | $-1.6M | ||
| Q4 24 | $-89.0M | $-566.0K | ||
| Q3 24 | $-93.7M | $9.0M | ||
| Q2 24 | $-92.8M | $624.0K | ||
| Q1 24 | — | $-4.5M |
| Q4 25 | 28.8% | 42.2% | ||
| Q3 25 | 32.8% | 41.6% | ||
| Q2 25 | 25.0% | 41.1% | ||
| Q1 25 | 16.2% | 47.3% | ||
| Q4 24 | 32.2% | 37.3% | ||
| Q3 24 | 34.7% | 34.8% | ||
| Q2 24 | 34.8% | 36.4% | ||
| Q1 24 | 21.3% | 35.3% |
| Q4 25 | -35.3% | 2.7% | ||
| Q3 25 | -25.3% | 4.7% | ||
| Q2 25 | -31.4% | 3.2% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | -31.9% | 3.7% | ||
| Q3 24 | -72.9% | 1.9% | ||
| Q2 24 | -44.0% | 3.6% | ||
| Q1 24 | — | -7.9% |
| Q4 25 | -84.0% | 1.0% | ||
| Q3 25 | -2.5% | 3.1% | ||
| Q2 25 | -57.6% | 1.3% | ||
| Q1 25 | — | -5.0% | ||
| Q4 24 | -163.0% | -1.2% | ||
| Q3 24 | -203.7% | 16.6% | ||
| Q2 24 | -192.0% | 1.2% | ||
| Q1 24 | — | -11.9% |
| Q4 25 | — | $-0.02 | ||
| Q3 25 | — | $0.03 | ||
| Q2 25 | — | $-0.03 | ||
| Q1 25 | — | $-0.16 | ||
| Q4 24 | — | $0.62 | ||
| Q3 24 | — | $-0.06 | ||
| Q2 24 | — | $-0.02 | ||
| Q1 24 | — | $-0.44 |
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 | $24.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $553.5M | $-4.0M |
| Total Assets | $807.5M | $93.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.1M | $24.9M | ||
| Q3 25 | $217.6M | $14.6M | ||
| Q2 25 | $104.8M | $13.2M | ||
| Q1 25 | $96.0M | $35.1M | ||
| Q4 24 | $130.2M | $39.6M | ||
| Q3 24 | $168.8M | $12.0M | ||
| Q2 24 | $142.3M | $49.0M | ||
| Q1 24 | $148.5M | $12.3M |
| Q4 25 | $553.5M | $-4.0M | ||
| Q3 25 | $537.3M | $-7.7M | ||
| Q2 25 | $357.0M | $-10.5M | ||
| Q1 25 | $355.7M | $-13.0M | ||
| Q4 24 | $431.8M | $-12.9M | ||
| Q3 24 | $372.1M | $-85.1M | ||
| Q2 24 | $389.0M | $-101.8M | ||
| Q1 24 | $365.3M | $-105.6M |
| Q4 25 | $807.5M | $93.8M | ||
| Q3 25 | $781.0M | $85.8M | ||
| Q2 25 | $660.4M | $83.1M | ||
| Q1 25 | $669.9M | $93.0M | ||
| Q4 24 | $849.9M | $100.0M | ||
| Q3 24 | $899.6M | $113.4M | ||
| Q2 24 | $938.9M | $149.6M | ||
| Q1 24 | $949.2M | $122.1M |
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 | — | $12.0M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 24.0% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | 25.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $6.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $12.0M | ||
| Q3 25 | — | $3.2M | ||
| Q2 25 | $-7.5M | $-4.5M | ||
| Q1 25 | $-121.0M | $-3.5M | ||
| Q4 24 | — | $-14.2M | ||
| Q3 24 | — | $14.8M | ||
| Q2 24 | $-37.8M | $27.6M | ||
| Q1 24 | $-205.8M | $5.2M |
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $3.1M | ||
| Q2 25 | $-8.5M | $-4.7M | ||
| Q1 25 | $-128.9M | $-3.5M | ||
| Q4 24 | — | $-14.3M | ||
| Q3 24 | — | $14.8M | ||
| Q2 24 | $-40.7M | $27.6M | ||
| Q1 24 | $-208.3M | — |
| Q4 25 | — | 24.0% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | -16.1% | -11.6% | ||
| Q1 25 | -271.5% | -11.0% | ||
| Q4 24 | — | -29.7% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | -84.1% | 53.5% | ||
| Q1 24 | -392.1% | — |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | 1.8% | 0.5% | ||
| Q1 25 | 16.6% | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | 5.9% | 0.0% | ||
| Q1 24 | 4.7% | 0.0% |
| Q4 25 | — | 25.50× | ||
| Q3 25 | — | 2.22× | ||
| Q2 25 | — | -8.81× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 44.31× | ||
| Q1 24 | — | — |
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% |
INSG
Segment breakdown not available.
