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Side-by-side financial comparison of Canopy Growth Corp (CGC) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.
MID PENN BANCORP INC is the larger business by last-quarter revenue ($62.0M vs $54.4M, roughly 1.1× Canopy Growth Corp). MID PENN BANCORP INC runs the higher net margin — 31.4% vs -84.0%, a 115.4% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs -0.3%). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 1.2%).
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
CGC vs MPB — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $54.4M | $62.0M |
| Net Profit | $-45.7M | $19.4M |
| Gross Margin | 28.8% | — |
| Operating Margin | -35.3% | 43.6% |
| Net Margin | -84.0% | 31.4% |
| Revenue YoY | -0.3% | 30.8% |
| Net Profit YoY | 48.6% | 47.0% |
| EPS (diluted) | — | $0.83 |
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 | $62.0M | ||
| Q3 25 | $48.7M | $61.8M | ||
| Q2 25 | $52.7M | $54.3M | ||
| Q1 25 | $47.5M | $47.7M | ||
| Q4 24 | $54.6M | $47.4M | ||
| Q3 24 | $46.0M | $45.3M | ||
| Q2 24 | $48.3M | $44.1M | ||
| Q1 24 | $53.1M | $42.3M |
| Q4 25 | $-45.7M | $19.4M | ||
| Q3 25 | $-1.2M | $18.3M | ||
| Q2 25 | $-30.3M | $4.8M | ||
| Q1 25 | — | $13.7M | ||
| Q4 24 | $-89.0M | $13.2M | ||
| Q3 24 | $-93.7M | $12.3M | ||
| Q2 24 | $-92.8M | $11.8M | ||
| Q1 24 | — | $12.1M |
| 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% | — |
| Q4 25 | -35.3% | 43.6% | ||
| Q3 25 | -25.3% | 39.3% | ||
| Q2 25 | -31.4% | 7.9% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | -31.9% | 34.1% | ||
| Q3 24 | -72.9% | 32.8% | ||
| Q2 24 | -44.0% | 32.4% | ||
| Q1 24 | — | 34.8% |
| Q4 25 | -84.0% | 31.4% | ||
| Q3 25 | -2.5% | 29.6% | ||
| Q2 25 | -57.6% | 8.8% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | -163.0% | 27.9% | ||
| Q3 24 | -203.7% | 27.1% | ||
| Q2 24 | -192.0% | 26.7% | ||
| Q1 24 | — | 28.7% |
| Q4 25 | — | $0.83 | ||
| Q3 25 | — | $0.79 | ||
| Q2 25 | — | $0.22 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $0.72 | ||
| Q3 24 | — | $0.74 | ||
| Q2 24 | — | $0.71 | ||
| Q1 24 | — | $0.73 |
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 | $814.1M |
| Total Assets | $807.5M | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.1M | — | ||
| Q3 25 | $217.6M | — | ||
| Q2 25 | $104.8M | — | ||
| Q1 25 | $96.0M | — | ||
| Q4 24 | $130.2M | — | ||
| Q3 24 | $168.8M | — | ||
| Q2 24 | $142.3M | — | ||
| Q1 24 | $148.5M | — |
| Q4 25 | $553.5M | $814.1M | ||
| Q3 25 | $537.3M | $796.3M | ||
| Q2 25 | $357.0M | $775.7M | ||
| Q1 25 | $355.7M | $667.9M | ||
| Q4 24 | $431.8M | $655.0M | ||
| Q3 24 | $372.1M | $573.1M | ||
| Q2 24 | $389.0M | $559.7M | ||
| Q1 24 | $365.3M | $551.0M |
| Q4 25 | $807.5M | $6.1B | ||
| Q3 25 | $781.0M | $6.3B | ||
| Q2 25 | $660.4M | $6.4B | ||
| Q1 25 | $669.9M | $5.5B | ||
| Q4 24 | $849.9M | $5.5B | ||
| Q3 24 | $899.6M | $5.5B | ||
| Q2 24 | $938.9M | $5.4B | ||
| Q1 24 | $949.2M | $5.3B |
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 | — | $80.0M |
| Free Cash FlowOCF − Capex | — | $71.8M |
| FCF MarginFCF / Revenue | — | 115.8% |
| Capex IntensityCapex / Revenue | — | 13.3% |
| Cash ConversionOCF / Net Profit | — | 4.12× |
| TTM Free Cash FlowTrailing 4 quarters | — | $132.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $80.0M | ||
| Q3 25 | — | $26.3M | ||
| Q2 25 | $-7.5M | $29.0M | ||
| Q1 25 | $-121.0M | $11.5M | ||
| Q4 24 | — | $51.4M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | $-37.8M | $18.0M | ||
| Q1 24 | $-205.8M | $12.4M |
| Q4 25 | — | $71.8M | ||
| Q3 25 | — | $24.3M | ||
| Q2 25 | $-8.5M | $27.2M | ||
| Q1 25 | $-128.9M | $8.8M | ||
| Q4 24 | — | $44.5M | ||
| Q3 24 | — | $16.8M | ||
| Q2 24 | $-40.7M | $17.7M | ||
| Q1 24 | $-208.3M | $12.1M |
| Q4 25 | — | 115.8% | ||
| Q3 25 | — | 39.4% | ||
| Q2 25 | -16.1% | 50.1% | ||
| Q1 25 | -271.5% | 18.4% | ||
| Q4 24 | — | 93.8% | ||
| Q3 24 | — | 37.1% | ||
| Q2 24 | -84.1% | 40.2% | ||
| Q1 24 | -392.1% | 28.5% |
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | 1.8% | 3.2% | ||
| Q1 25 | 16.6% | 5.7% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | 5.9% | 0.7% | ||
| Q1 24 | 4.7% | 0.8% |
| Q4 25 | — | 4.12× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | 6.08× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | 1.37× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.02× |
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% |
MPB
Segment breakdown not available.
