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Side-by-side financial comparison of Canopy Growth Corp (CGC) and Performance Shipping Inc. (PSHG). Click either name above to swap in a different company.

Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $39.5M, roughly 1.4× Performance Shipping Inc.). Performance Shipping Inc. runs the higher net margin — 97.5% vs -84.0%, a 181.5% gap on every dollar of revenue. On growth, Canopy Growth Corp posted the faster year-over-year revenue change (-0.3% vs -7.9%).

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

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

CGC vs PSHG — Head-to-Head

Bigger by revenue
CGC
CGC
1.4× larger
CGC
$54.4M
$39.5M
PSHG
Growing faster (revenue YoY)
CGC
CGC
+7.6% gap
CGC
-0.3%
-7.9%
PSHG
Higher net margin
PSHG
PSHG
181.5% more per $
PSHG
97.5%
-84.0%
CGC

Income Statement — Q3 FY2026 vs Q2 FY2025

Metric
CGC
CGC
PSHG
PSHG
Revenue
$54.4M
$39.5M
Net Profit
$-45.7M
$38.5M
Gross Margin
28.8%
Operating Margin
-35.3%
93.3%
Net Margin
-84.0%
97.5%
Revenue YoY
-0.3%
-7.9%
Net Profit YoY
48.6%
78.1%
EPS (diluted)
$1.00

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
PSHG
PSHG
Q4 25
$54.4M
Q3 25
$48.7M
Q2 25
$52.7M
$39.5M
Q1 25
$47.5M
Q4 24
$54.6M
Q3 24
$46.0M
Q2 24
$48.3M
$42.9M
Q1 24
$53.1M
Net Profit
CGC
CGC
PSHG
PSHG
Q4 25
$-45.7M
Q3 25
$-1.2M
Q2 25
$-30.3M
$38.5M
Q1 25
Q4 24
$-89.0M
Q3 24
$-93.7M
Q2 24
$-92.8M
$21.6M
Q1 24
Gross Margin
CGC
CGC
PSHG
PSHG
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
PSHG
PSHG
Q4 25
-35.3%
Q3 25
-25.3%
Q2 25
-31.4%
93.3%
Q1 25
Q4 24
-31.9%
Q3 24
-72.9%
Q2 24
-44.0%
49.1%
Q1 24
Net Margin
CGC
CGC
PSHG
PSHG
Q4 25
-84.0%
Q3 25
-2.5%
Q2 25
-57.6%
97.5%
Q1 25
Q4 24
-163.0%
Q3 24
-203.7%
Q2 24
-192.0%
50.4%
Q1 24
EPS (diluted)
CGC
CGC
PSHG
PSHG
Q4 25
Q3 25
Q2 25
$1.00
Q1 25
Q4 24
Q3 24
Q2 24
$0.55
Q1 24

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
PSHG
PSHG
Cash + ST InvestmentsLiquidity on hand
$271.1M
$95.8M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$553.5M
$312.8M
Total Assets
$807.5M
$363.8M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
PSHG
PSHG
Q4 25
$271.1M
Q3 25
$217.6M
Q2 25
$104.8M
$95.8M
Q1 25
$96.0M
Q4 24
$130.2M
Q3 24
$168.8M
Q2 24
$142.3M
$61.7M
Q1 24
$148.5M
Total Debt
CGC
CGC
PSHG
PSHG
Q4 25
Q3 25
Q2 25
$43.7M
Q1 25
Q4 24
Q3 24
Q2 24
$51.2M
Q1 24
Stockholders' Equity
CGC
CGC
PSHG
PSHG
Q4 25
$553.5M
Q3 25
$537.3M
Q2 25
$357.0M
$312.8M
Q1 25
$355.7M
Q4 24
$431.8M
Q3 24
$372.1M
Q2 24
$389.0M
$254.0M
Q1 24
$365.3M
Total Assets
CGC
CGC
PSHG
PSHG
Q4 25
$807.5M
Q3 25
$781.0M
Q2 25
$660.4M
$363.8M
Q1 25
$669.9M
Q4 24
$849.9M
Q3 24
$899.6M
Q2 24
$938.9M
$310.5M
Q1 24
$949.2M
Debt / Equity
CGC
CGC
PSHG
PSHG
Q4 25
Q3 25
Q2 25
0.14×
Q1 25
Q4 24
Q3 24
Q2 24
0.20×
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
PSHG
PSHG
Operating Cash FlowLast quarter
$26.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
PSHG
PSHG
Q4 25
Q3 25
Q2 25
$-7.5M
$26.8M
Q1 25
$-121.0M
Q4 24
Q3 24
Q2 24
$-37.8M
$31.7M
Q1 24
$-205.8M
Free Cash Flow
CGC
CGC
PSHG
PSHG
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
PSHG
PSHG
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
PSHG
PSHG
Q4 25
Q3 25
Q2 25
1.8%
Q1 25
16.6%
Q4 24
Q3 24
Q2 24
5.9%
0.0%
Q1 24
4.7%
Cash Conversion
CGC
CGC
PSHG
PSHG
Q4 25
Q3 25
Q2 25
0.70×
Q1 25
Q4 24
Q3 24
Q2 24
1.47×
Q1 24

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%

PSHG
PSHG

Segment breakdown not available.

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