vs

Side-by-side financial comparison of Canopy Growth Corp (CGC) and NORTHRIM BANCORP INC (NRIM). Click either name above to swap in a different company.

NORTHRIM BANCORP INC is the larger business by last-quarter revenue ($61.2M vs $54.4M, roughly 1.1× Canopy Growth Corp). On growth, NORTHRIM BANCORP INC posted the faster year-over-year revenue change (11.6% vs -0.3%). Over the past eight quarters, NORTHRIM BANCORP INC's revenue compounded faster (18.4% CAGR vs 1.2%).

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

Northrim Bancorp Inc is a U.S. regional bank holding company based in Anchorage, Alaska. It offers commercial and consumer banking services including deposit accounts, business and personal loans, mortgage products, and wealth management solutions, serving local small businesses, individual customers and corporate clients in its operating areas.

CGC vs NRIM — Head-to-Head

Bigger by revenue
NRIM
NRIM
1.1× larger
NRIM
$61.2M
$54.4M
CGC
Growing faster (revenue YoY)
NRIM
NRIM
+11.9% gap
NRIM
11.6%
-0.3%
CGC
Faster 2-yr revenue CAGR
NRIM
NRIM
Annualised
NRIM
18.4%
1.2%
CGC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CGC
CGC
NRIM
NRIM
Revenue
$54.4M
$61.2M
Net Profit
$-45.7M
Gross Margin
28.8%
79.9%
Operating Margin
-35.3%
27.2%
Net Margin
-84.0%
Revenue YoY
-0.3%
11.6%
Net Profit YoY
48.6%
EPS (diluted)
$-2.80

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
NRIM
NRIM
Q4 25
$54.4M
$61.2M
Q3 25
$48.7M
$77.2M
Q2 25
$52.7M
$61.4M
Q1 25
$47.5M
$55.8M
Q4 24
$54.6M
$54.8M
Q3 24
$46.0M
$51.0M
Q2 24
$48.3M
$46.5M
Q1 24
$53.1M
$43.7M
Net Profit
CGC
CGC
NRIM
NRIM
Q4 25
$-45.7M
Q3 25
$-1.2M
$27.1M
Q2 25
$-30.3M
$11.8M
Q1 25
$13.3M
Q4 24
$-89.0M
Q3 24
$-93.7M
$8.8M
Q2 24
$-92.8M
$9.0M
Q1 24
$8.2M
Gross Margin
CGC
CGC
NRIM
NRIM
Q4 25
28.8%
79.9%
Q3 25
32.8%
84.0%
Q2 25
25.0%
78.5%
Q1 25
16.2%
84.1%
Q4 24
32.2%
77.8%
Q3 24
34.7%
75.2%
Q2 24
34.8%
79.1%
Q1 24
21.3%
78.2%
Operating Margin
CGC
CGC
NRIM
NRIM
Q4 25
-35.3%
27.2%
Q3 25
-25.3%
44.8%
Q2 25
-31.4%
25.7%
Q1 25
31.5%
Q4 24
-31.9%
24.3%
Q3 24
-72.9%
22.8%
Q2 24
-44.0%
24.9%
Q1 24
24.1%
Net Margin
CGC
CGC
NRIM
NRIM
Q4 25
-84.0%
Q3 25
-2.5%
35.1%
Q2 25
-57.6%
19.2%
Q1 25
23.9%
Q4 24
-163.0%
Q3 24
-203.7%
17.3%
Q2 24
-192.0%
19.4%
Q1 24
18.8%
EPS (diluted)
CGC
CGC
NRIM
NRIM
Q4 25
$-2.80
Q3 25
$1.20
Q2 25
$2.09
Q1 25
$2.38
Q4 24
$-1.83
Q3 24
$0.39
Q2 24
$1.62
Q1 24
$1.48

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
NRIM
NRIM
Cash + ST InvestmentsLiquidity on hand
$271.1M
Total DebtLower is stronger
$12.8M
Stockholders' EquityBook value
$553.5M
$326.5M
Total Assets
$807.5M
$3.3B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
NRIM
NRIM
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
Total Debt
CGC
CGC
NRIM
NRIM
Q4 25
$12.8M
Q3 25
Q2 25
Q1 25
Q4 24
$23.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CGC
CGC
NRIM
NRIM
Q4 25
$553.5M
$326.5M
Q3 25
$537.3M
$315.7M
Q2 25
$357.0M
$290.2M
Q1 25
$355.7M
$279.8M
Q4 24
$431.8M
$267.1M
Q3 24
$372.1M
$260.1M
Q2 24
$389.0M
$247.2M
Q1 24
$365.3M
$239.3M
Total Assets
CGC
CGC
NRIM
NRIM
Q4 25
$807.5M
$3.3B
Q3 25
$781.0M
$3.3B
Q2 25
$660.4M
$3.2B
Q1 25
$669.9M
$3.1B
Q4 24
$849.9M
$3.0B
Q3 24
$899.6M
$3.0B
Q2 24
$938.9M
$2.8B
Q1 24
$949.2M
$2.8B
Debt / Equity
CGC
CGC
NRIM
NRIM
Q4 25
0.04×
Q3 25
Q2 25
Q1 25
Q4 24
0.09×
Q3 24
Q2 24
Q1 24

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
NRIM
NRIM
Operating Cash FlowLast quarter
$139.3M
Free Cash FlowOCF − Capex
$133.9M
FCF MarginFCF / Revenue
218.9%
Capex IntensityCapex / Revenue
8.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$235.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
NRIM
NRIM
Q4 25
$139.3M
Q3 25
$92.7M
Q2 25
$-7.5M
$-4.4M
Q1 25
$-121.0M
$16.5M
Q4 24
$-8.7M
Q3 24
$-201.0K
Q2 24
$-37.8M
$-38.5M
Q1 24
$-205.8M
$-5.5M
Free Cash Flow
CGC
CGC
NRIM
NRIM
Q4 25
$133.9M
Q3 25
$89.9M
Q2 25
$-8.5M
$-4.7M
Q1 25
$-128.9M
$16.3M
Q4 24
$-9.3M
Q3 24
$-330.0K
Q2 24
$-40.7M
$-39.4M
Q1 24
$-208.3M
$-6.6M
FCF Margin
CGC
CGC
NRIM
NRIM
Q4 25
218.9%
Q3 25
116.5%
Q2 25
-16.1%
-7.7%
Q1 25
-271.5%
29.3%
Q4 24
-17.1%
Q3 24
-0.6%
Q2 24
-84.1%
-84.7%
Q1 24
-392.1%
-15.1%
Capex Intensity
CGC
CGC
NRIM
NRIM
Q4 25
8.9%
Q3 25
3.5%
Q2 25
1.8%
0.5%
Q1 25
16.6%
0.4%
Q4 24
1.1%
Q3 24
0.3%
Q2 24
5.9%
1.9%
Q1 24
4.7%
2.4%
Cash Conversion
CGC
CGC
NRIM
NRIM
Q4 25
Q3 25
3.42×
Q2 25
-0.37×
Q1 25
1.24×
Q4 24
Q3 24
-0.02×
Q2 24
-4.27×
Q1 24
-0.68×

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%

NRIM
NRIM

Community Banking Segment$44.3M72%
Specialty Finance Segment$7.4M12%
Other$4.7M8%
Home Mortgage Lending Segment$3.6M6%
Credit And Debit Card$1.2M2%

Related Comparisons