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Side-by-side financial comparison of Canopy Growth Corp (CGC) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.

MEDALLION FINANCIAL CORP is the larger business by last-quarter revenue ($70.6M vs $54.4M, roughly 1.3× Canopy Growth Corp). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -84.0%, a 101.3% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs -0.3%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs 1.2%).

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

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

CGC vs MFIN — Head-to-Head

Bigger by revenue
MFIN
MFIN
1.3× larger
MFIN
$70.6M
$54.4M
CGC
Growing faster (revenue YoY)
MFIN
MFIN
+25.7% gap
MFIN
25.4%
-0.3%
CGC
Higher net margin
MFIN
MFIN
101.3% more per $
MFIN
17.3%
-84.0%
CGC
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
1.2%
CGC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CGC
CGC
MFIN
MFIN
Revenue
$54.4M
$70.6M
Net Profit
$-45.7M
$12.2M
Gross Margin
28.8%
Operating Margin
-35.3%
29.3%
Net Margin
-84.0%
17.3%
Revenue YoY
-0.3%
25.4%
Net Profit YoY
48.6%
20.3%
EPS (diluted)
$0.50

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
MFIN
MFIN
Q4 25
$54.4M
$70.6M
Q3 25
$48.7M
$58.7M
Q2 25
$52.7M
$62.6M
Q1 25
$47.5M
$63.0M
Q4 24
$54.6M
$56.3M
Q3 24
$46.0M
$53.3M
Q2 24
$48.3M
$51.0M
Q1 24
$53.1M
$53.3M
Net Profit
CGC
CGC
MFIN
MFIN
Q4 25
$-45.7M
$12.2M
Q3 25
$-1.2M
$7.8M
Q2 25
$-30.3M
$11.1M
Q1 25
$12.0M
Q4 24
$-89.0M
$10.1M
Q3 24
$-93.7M
$8.6M
Q2 24
$-92.8M
$7.1M
Q1 24
$10.0M
Gross Margin
CGC
CGC
MFIN
MFIN
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 24
21.3%
Operating Margin
CGC
CGC
MFIN
MFIN
Q4 25
-35.3%
29.3%
Q3 25
-25.3%
33.2%
Q2 25
-31.4%
31.1%
Q1 25
32.1%
Q4 24
-31.9%
32.8%
Q3 24
-72.9%
26.6%
Q2 24
-44.0%
24.3%
Q1 24
33.6%
Net Margin
CGC
CGC
MFIN
MFIN
Q4 25
-84.0%
17.3%
Q3 25
-2.5%
13.2%
Q2 25
-57.6%
17.7%
Q1 25
19.1%
Q4 24
-163.0%
18.0%
Q3 24
-203.7%
16.1%
Q2 24
-192.0%
13.9%
Q1 24
18.8%
EPS (diluted)
CGC
CGC
MFIN
MFIN
Q4 25
$0.50
Q3 25
$0.32
Q2 25
$0.46
Q1 25
$0.50
Q4 24
$0.43
Q3 24
$0.37
Q2 24
$0.30
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
MFIN
MFIN
Cash + ST InvestmentsLiquidity on hand
$271.1M
$136.3M
Total DebtLower is stronger
$216.0M
Stockholders' EquityBook value
$553.5M
$408.6M
Total Assets
$807.5M
$3.0B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
MFIN
MFIN
Q4 25
$271.1M
$136.3M
Q3 25
$217.6M
$72.5M
Q2 25
$104.8M
$110.4M
Q1 25
$96.0M
$131.5M
Q4 24
$130.2M
$98.2M
Q3 24
$168.8M
$120.6M
Q2 24
$142.3M
$87.7M
Q1 24
$148.5M
$54.8M
Total Debt
CGC
CGC
MFIN
MFIN
Q4 25
$216.0M
Q3 25
$215.7M
Q2 25
$199.9M
Q1 25
$199.7M
Q4 24
$232.2M
Q3 24
$232.0M
Q2 24
$230.8M
Q1 24
$225.6M
Stockholders' Equity
CGC
CGC
MFIN
MFIN
Q4 25
$553.5M
$408.6M
Q3 25
$537.3M
$397.4M
Q2 25
$357.0M
$389.9M
Q1 25
$355.7M
$380.2M
Q4 24
$431.8M
$370.2M
Q3 24
$372.1M
$362.4M
Q2 24
$389.0M
$354.0M
Q1 24
$365.3M
$349.0M
Total Assets
CGC
CGC
MFIN
MFIN
Q4 25
$807.5M
$3.0B
Q3 25
$781.0M
$2.9B
Q2 25
$660.4M
$2.9B
Q1 25
$669.9M
$2.8B
Q4 24
$849.9M
$2.9B
Q3 24
$899.6M
$2.9B
Q2 24
$938.9M
$2.8B
Q1 24
$949.2M
$2.6B
Debt / Equity
CGC
CGC
MFIN
MFIN
Q4 25
0.53×
Q3 25
0.54×
Q2 25
0.51×
Q1 25
0.53×
Q4 24
0.63×
Q3 24
0.64×
Q2 24
0.65×
Q1 24
0.65×

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
MFIN
MFIN
Operating Cash FlowLast quarter
$126.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
10.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
MFIN
MFIN
Q4 25
$126.3M
Q3 25
$67.0M
Q2 25
$-7.5M
$-10.7M
Q1 25
$-121.0M
$36.3M
Q4 24
$108.7M
Q3 24
$24.6M
Q2 24
$-37.8M
$27.6M
Q1 24
$-205.8M
$32.3M
Free Cash Flow
CGC
CGC
MFIN
MFIN
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
MFIN
MFIN
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
MFIN
MFIN
Q4 25
Q3 25
Q2 25
1.8%
Q1 25
16.6%
Q4 24
Q3 24
Q2 24
5.9%
Q1 24
4.7%
Cash Conversion
CGC
CGC
MFIN
MFIN
Q4 25
10.35×
Q3 25
8.63×
Q2 25
-0.97×
Q1 25
3.02×
Q4 24
10.72×
Q3 24
2.86×
Q2 24
3.89×
Q1 24
3.22×

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%

MFIN
MFIN

Segment breakdown not available.

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