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

Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $5.7M, roughly 9.5× MediWound Ltd.). Canopy Growth Corp runs the higher net margin — -84.0% vs -233.3%, a 149.3% gap on every dollar of revenue. On growth, MediWound Ltd. posted the faster year-over-year revenue change (12.7% vs -0.3%).

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

MediWound Ltd. is a biopharmaceutical company specializing in the research, development, production and commercialization of innovative products for burn care, chronic wound treatment and soft tissue repair. It operates mainly across North America, Europe and Asia, serving hospitals, healthcare providers and patients in the wound care segment.

CGC vs MDWD — Head-to-Head

Bigger by revenue
CGC
CGC
9.5× larger
CGC
$54.4M
$5.7M
MDWD
Growing faster (revenue YoY)
MDWD
MDWD
+13.0% gap
MDWD
12.7%
-0.3%
CGC
Higher net margin
CGC
CGC
149.3% more per $
CGC
-84.0%
-233.3%
MDWD

Income Statement — Q3 2026 vs Q2 2025

Metric
CGC
CGC
MDWD
MDWD
Revenue
$54.4M
$5.7M
Net Profit
$-45.7M
$-13.3M
Gross Margin
28.8%
23.5%
Operating Margin
-35.3%
-100.1%
Net Margin
-84.0%
-233.3%
Revenue YoY
-0.3%
12.7%
Net Profit YoY
48.6%
-111.2%
EPS (diluted)
$-1.23

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
MDWD
MDWD
Q4 25
$54.4M
Q3 25
$48.7M
Q2 25
$52.7M
$5.7M
Q1 25
$47.5M
Q4 24
$54.6M
Q3 24
$46.0M
Q2 24
$48.3M
$5.1M
Q1 24
$53.1M
Net Profit
CGC
CGC
MDWD
MDWD
Q4 25
$-45.7M
Q3 25
$-1.2M
Q2 25
$-30.3M
$-13.3M
Q1 25
Q4 24
$-89.0M
Q3 24
$-93.7M
Q2 24
$-92.8M
$-6.3M
Q1 24
Gross Margin
CGC
CGC
MDWD
MDWD
Q4 25
28.8%
Q3 25
32.8%
Q2 25
25.0%
23.5%
Q1 25
16.2%
Q4 24
32.2%
Q3 24
34.7%
Q2 24
34.8%
8.8%
Q1 24
21.3%
Operating Margin
CGC
CGC
MDWD
MDWD
Q4 25
-35.3%
Q3 25
-25.3%
Q2 25
-31.4%
-100.1%
Q1 25
Q4 24
-31.9%
Q3 24
-72.9%
Q2 24
-44.0%
-88.6%
Q1 24
Net Margin
CGC
CGC
MDWD
MDWD
Q4 25
-84.0%
Q3 25
-2.5%
Q2 25
-57.6%
-233.3%
Q1 25
Q4 24
-163.0%
Q3 24
-203.7%
Q2 24
-192.0%
-124.5%
Q1 24
EPS (diluted)
CGC
CGC
MDWD
MDWD
Q4 25
Q3 25
Q2 25
$-1.23
Q1 25
Q4 24
Q3 24
Q2 24
$-0.68
Q1 24

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
MDWD
MDWD
Cash + ST InvestmentsLiquidity on hand
$271.1M
$1.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$553.5M
$20.1M
Total Assets
$807.5M
$67.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
MDWD
MDWD
Q4 25
$271.1M
Q3 25
$217.6M
Q2 25
$104.8M
$1.1M
Q1 25
$96.0M
Q4 24
$130.2M
Q3 24
$168.8M
Q2 24
$142.3M
$3.8M
Q1 24
$148.5M
Stockholders' Equity
CGC
CGC
MDWD
MDWD
Q4 25
$553.5M
Q3 25
$537.3M
Q2 25
$357.0M
$20.1M
Q1 25
$355.7M
Q4 24
$431.8M
Q3 24
$372.1M
Q2 24
$389.0M
$17.9M
Q1 24
$365.3M
Total Assets
CGC
CGC
MDWD
MDWD
Q4 25
$807.5M
Q3 25
$781.0M
Q2 25
$660.4M
$67.0M
Q1 25
$669.9M
Q4 24
$849.9M
Q3 24
$899.6M
Q2 24
$938.9M
$57.3M
Q1 24
$949.2M

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
MDWD
MDWD
Operating Cash FlowLast quarter
$-5.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
MDWD
MDWD
Q4 25
Q3 25
Q2 25
$-7.5M
$-5.8M
Q1 25
$-121.0M
Q4 24
Q3 24
Q2 24
$-37.8M
$-3.6M
Q1 24
$-205.8M
Free Cash Flow
CGC
CGC
MDWD
MDWD
Q4 25
Q3 25
Q2 25
$-8.5M
Q1 25
$-128.9M
Q4 24
Q3 24
Q2 24
$-40.7M
Q1 24
$-208.3M
FCF Margin
CGC
CGC
MDWD
MDWD
Q4 25
Q3 25
Q2 25
-16.1%
Q1 25
-271.5%
Q4 24
Q3 24
Q2 24
-84.1%
Q1 24
-392.1%
Capex Intensity
CGC
CGC
MDWD
MDWD
Q4 25
Q3 25
Q2 25
1.8%
Q1 25
16.6%
Q4 24
Q3 24
Q2 24
5.9%
Q1 24
4.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

CGC
CGC

CA$45.4M84%
International Markets Cannabis$6.2M11%
Other$1.5M3%
Other Geographical Area$1.2M2%

MDWD
MDWD

Segment breakdown not available.

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