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Side-by-side financial comparison of Canopy Growth Corp (CGC) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $50.3M, roughly 1.1× READING INTERNATIONAL INC). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -84.0%, a 78.9% gap on every dollar of revenue. On growth, Canopy Growth Corp posted the faster year-over-year revenue change (-0.3% vs -14.2%). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs 1.2%).
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
CGC vs RDI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $54.4M | $50.3M |
| Net Profit | $-45.7M | $-2.6M |
| Gross Margin | 28.8% | — |
| Operating Margin | -35.3% | -1.9% |
| Net Margin | -84.0% | -5.1% |
| Revenue YoY | -0.3% | -14.2% |
| Net Profit YoY | 48.6% | -14.5% |
| EPS (diluted) | — | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $48.7M | $52.2M | ||
| Q2 25 | $52.7M | $60.4M | ||
| Q1 25 | $47.5M | $40.2M | ||
| Q4 24 | $54.6M | $58.6M | ||
| Q3 24 | $46.0M | $60.1M | ||
| Q2 24 | $48.3M | $46.8M | ||
| Q1 24 | $53.1M | $45.1M |
| Q4 25 | $-45.7M | $-2.6M | ||
| Q3 25 | $-1.2M | $-4.2M | ||
| Q2 25 | $-30.3M | $-2.7M | ||
| Q1 25 | — | $-4.8M | ||
| Q4 24 | $-89.0M | $-2.2M | ||
| Q3 24 | $-93.7M | $-7.0M | ||
| Q2 24 | $-92.8M | $-12.8M | ||
| Q1 24 | — | $-13.2M |
| 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% | -1.9% | ||
| Q3 25 | -25.3% | -0.6% | ||
| Q2 25 | -31.4% | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | -31.9% | 2.6% | ||
| Q3 24 | -72.9% | -0.6% | ||
| Q2 24 | -44.0% | -16.4% | ||
| Q1 24 | — | -16.7% |
| Q4 25 | -84.0% | -5.1% | ||
| Q3 25 | -2.5% | -8.0% | ||
| Q2 25 | -57.6% | -4.4% | ||
| Q1 25 | — | -11.8% | ||
| Q4 24 | -163.0% | -3.8% | ||
| Q3 24 | -203.7% | -11.7% | ||
| Q2 24 | -192.0% | -27.4% | ||
| Q1 24 | — | -29.4% |
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.31 | ||
| Q2 24 | — | $-0.57 | ||
| Q1 24 | — | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $553.5M | $-18.2M |
| Total Assets | $807.5M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.1M | $10.5M | ||
| Q3 25 | $217.6M | $8.1M | ||
| Q2 25 | $104.8M | $9.1M | ||
| Q1 25 | $96.0M | $5.9M | ||
| Q4 24 | $130.2M | $12.4M | ||
| Q3 24 | $168.8M | $10.1M | ||
| Q2 24 | $142.3M | $9.3M | ||
| Q1 24 | $148.5M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $553.5M | $-18.2M | ||
| Q3 25 | $537.3M | $-12.1M | ||
| Q2 25 | $357.0M | $-7.7M | ||
| Q1 25 | $355.7M | $-8.1M | ||
| Q4 24 | $431.8M | $-4.4M | ||
| Q3 24 | $372.1M | $1.6M | ||
| Q2 24 | $389.0M | $6.5M | ||
| Q1 24 | $365.3M | $18.0M |
| Q4 25 | $807.5M | $434.9M | ||
| Q3 25 | $781.0M | $435.2M | ||
| Q2 25 | $660.4M | $438.1M | ||
| Q1 25 | $669.9M | $441.0M | ||
| Q4 24 | $849.9M | $471.0M | ||
| Q3 24 | $899.6M | $495.7M | ||
| Q2 24 | $938.9M | $494.9M | ||
| Q1 24 | $949.2M | $494.9M |
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 | — | $4.3M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $295.0K | ||
| Q2 25 | $-7.5M | $1.6M | ||
| Q1 25 | $-121.0M | $-7.7M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | $-37.8M | $-10.4M | ||
| Q1 24 | $-205.8M | $-2.8M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | $-8.5M | $1.2M | ||
| Q1 25 | $-128.9M | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | $-40.7M | $-10.6M | ||
| Q1 24 | $-208.3M | $-4.7M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | -16.1% | 1.9% | ||
| Q1 25 | -271.5% | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | -84.1% | -22.7% | ||
| Q1 24 | -392.1% | -10.4% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | 1.8% | 0.6% | ||
| Q1 25 | 16.6% | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | 5.9% | 0.5% | ||
| Q1 24 | 4.7% | 4.3% |
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% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
