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Side-by-side financial comparison of Canopy Growth Corp (CGC) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

Canopy Growth Corp is the larger business by last-quarter revenue ($54.4M vs $52.3M, roughly 1.0× RICHARDSON ELECTRONICS, LTD.). RICHARDSON ELECTRONICS, LTD. runs the higher net margin — -0.2% vs -84.0%, a 83.8% gap on every dollar of revenue. On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs -0.3%). Over the past eight quarters, Canopy Growth Corp's revenue compounded faster (1.2% CAGR vs -0.3%).

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

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

CGC vs RELL — Head-to-Head

Bigger by revenue
CGC
CGC
1.0× larger
CGC
$54.4M
$52.3M
RELL
Growing faster (revenue YoY)
RELL
RELL
+5.9% gap
RELL
5.7%
-0.3%
CGC
Higher net margin
RELL
RELL
83.8% more per $
RELL
-0.2%
-84.0%
CGC
Faster 2-yr revenue CAGR
CGC
CGC
Annualised
CGC
1.2%
-0.3%
RELL

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
CGC
CGC
RELL
RELL
Revenue
$54.4M
$52.3M
Net Profit
$-45.7M
$-121.0K
Gross Margin
28.8%
30.7%
Operating Margin
-35.3%
0.3%
Net Margin
-84.0%
-0.2%
Revenue YoY
-0.3%
5.7%
Net Profit YoY
48.6%
83.9%
EPS (diluted)

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
RELL
RELL
Q4 25
$54.4M
$52.3M
Q3 25
$48.7M
$54.6M
Q2 25
$52.7M
Q1 25
$47.5M
$53.8M
Q4 24
$54.6M
$49.5M
Q3 24
$46.0M
$53.7M
Q2 24
$48.3M
Q1 24
$53.1M
$52.4M
Net Profit
CGC
CGC
RELL
RELL
Q4 25
$-45.7M
$-121.0K
Q3 25
$-1.2M
$1.9M
Q2 25
$-30.3M
Q1 25
$-2.1M
Q4 24
$-89.0M
$-751.0K
Q3 24
$-93.7M
$590.0K
Q2 24
$-92.8M
Q1 24
$750.0K
Gross Margin
CGC
CGC
RELL
RELL
Q4 25
28.8%
30.7%
Q3 25
32.8%
31.0%
Q2 25
25.0%
Q1 25
16.2%
31.0%
Q4 24
32.2%
31.0%
Q3 24
34.7%
30.6%
Q2 24
34.8%
Q1 24
21.3%
29.5%
Operating Margin
CGC
CGC
RELL
RELL
Q4 25
-35.3%
0.3%
Q3 25
-25.3%
1.8%
Q2 25
-31.4%
Q1 25
-5.1%
Q4 24
-31.9%
-1.3%
Q3 24
-72.9%
0.6%
Q2 24
-44.0%
Q1 24
1.9%
Net Margin
CGC
CGC
RELL
RELL
Q4 25
-84.0%
-0.2%
Q3 25
-2.5%
3.5%
Q2 25
-57.6%
Q1 25
-3.8%
Q4 24
-163.0%
-1.5%
Q3 24
-203.7%
1.1%
Q2 24
-192.0%
Q1 24
1.4%

Balance Sheet & Financial Strength

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

Metric
CGC
CGC
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$271.1M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$553.5M
$158.5M
Total Assets
$807.5M
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CGC
CGC
RELL
RELL
Q4 25
$271.1M
$33.1M
Q3 25
$217.6M
$35.7M
Q2 25
$104.8M
Q1 25
$96.0M
$36.7M
Q4 24
$130.2M
$26.6M
Q3 24
$168.8M
$23.0M
Q2 24
$142.3M
Q1 24
$148.5M
$18.9M
Stockholders' Equity
CGC
CGC
RELL
RELL
Q4 25
$553.5M
$158.5M
Q3 25
$537.3M
$159.4M
Q2 25
$357.0M
Q1 25
$355.7M
$152.9M
Q4 24
$431.8M
$156.2M
Q3 24
$372.1M
$159.1M
Q2 24
$389.0M
Q1 24
$365.3M
$158.6M
Total Assets
CGC
CGC
RELL
RELL
Q4 25
$807.5M
$201.8M
Q3 25
$781.0M
$200.1M
Q2 25
$660.4M
Q1 25
$669.9M
$189.8M
Q4 24
$849.9M
$195.2M
Q3 24
$899.6M
$197.9M
Q2 24
$938.9M
Q1 24
$949.2M
$193.6M

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
RELL
RELL
Operating Cash FlowLast quarter
$-99.0K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CGC
CGC
RELL
RELL
Q4 25
$-99.0K
Q3 25
$1.4M
Q2 25
$-7.5M
Q1 25
$-121.0M
$4.6M
Q4 24
$5.5M
Q3 24
$412.0K
Q2 24
$-37.8M
Q1 24
$-205.8M
$-2.5M
Free Cash Flow
CGC
CGC
RELL
RELL
Q4 25
$-1.7M
Q3 25
$342.0K
Q2 25
$-8.5M
Q1 25
$-128.9M
$4.1M
Q4 24
$4.9M
Q3 24
$-514.0K
Q2 24
$-40.7M
Q1 24
$-208.3M
$-2.9M
FCF Margin
CGC
CGC
RELL
RELL
Q4 25
-3.3%
Q3 25
0.6%
Q2 25
-16.1%
Q1 25
-271.5%
7.5%
Q4 24
10.0%
Q3 24
-1.0%
Q2 24
-84.1%
Q1 24
-392.1%
-5.6%
Capex Intensity
CGC
CGC
RELL
RELL
Q4 25
3.1%
Q3 25
1.9%
Q2 25
1.8%
Q1 25
16.6%
1.0%
Q4 24
1.0%
Q3 24
1.7%
Q2 24
5.9%
Q1 24
4.7%
0.8%
Cash Conversion
CGC
CGC
RELL
RELL
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24
-3.37×

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%

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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