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Canopy Growth Corp（CGC）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
IMPINJ INC的季度营收约是Canopy Growth Corp的1.4倍（$74.3M vs $54.4M），IMPINJ INC净利率更高（11.2% vs -84.0%，领先95.2%），IMPINJ INC同比增速更快（-0.0% vs -0.3%），过去两年Canopy Growth Corp的营收复合增速更高（1.2% vs -14.9%）
Canopy Growth Corp前身为Tweed Marijuana Inc，是一家总部位于加拿大安大略省史密斯福尔斯的大麻企业，在北美大麻行业拥有较高知名度，主要从事大麻相关产品的研发、生产与销售业务。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
CGC vs PI — 直观对比
营收规模更大
PI
是对方的1.4倍
$54.4M
营收增速更快
PI
高出0.3%
-0.3%
净利率更高
PI
高出95.2%
-84.0%
两年增速更快
CGC
近两年复合增速
-14.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $54.4M | $74.3M |
| 净利润 | $-45.7M | $8.3M |
| 毛利率 | 28.8% | 49.1% |
| 营业利润率 | -35.3% | 30.5% |
| 净利率 | -84.0% | 11.2% |
| 营收同比 | -0.3% | -0.0% |
| 净利润同比 | 48.6% | — |
| 每股收益（稀释后） | — | $0.14 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CGCPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $54.4M | $92.8M | ||
| Q3 25 | $48.7M | $96.1M | ||
| Q2 25 | $52.7M | $97.9M | ||
| Q1 25 | $47.5M | $74.3M | ||
| Q4 24 | $54.6M | $91.6M | ||
| Q3 24 | $46.0M | $95.2M | ||
| Q2 24 | $48.3M | $102.5M |
净利润CGCPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | $-45.7M | $-1.1M | ||
| Q3 25 | $-1.2M | $-12.8M | ||
| Q2 25 | $-30.3M | $11.6M | ||
| Q1 25 | — | $-8.5M | ||
| Q4 24 | $-89.0M | $-2.7M | ||
| Q3 24 | $-93.7M | $221.0K | ||
| Q2 24 | $-92.8M | $10.0M |
毛利率CGCPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | 28.8% | 51.8% | ||
| Q3 25 | 32.8% | 50.3% | ||
| Q2 25 | 25.0% | 57.8% | ||
| Q1 25 | 16.2% | 49.4% | ||
| Q4 24 | 32.2% | 50.5% | ||
| Q3 24 | 34.7% | 50.0% | ||
| Q2 24 | 34.8% | 56.1% |
营业利润率CGCPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | -35.3% | -2.9% | ||
| Q3 25 | -25.3% | 0.7% | ||
| Q2 25 | -31.4% | 11.1% | ||
| Q1 25 | — | -12.9% | ||
| Q4 24 | -31.9% | -3.9% | ||
| Q3 24 | -72.9% | -0.8% | ||
| Q2 24 | -44.0% | 8.8% |
净利率CGCPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | -84.0% | -1.2% | ||
| Q3 25 | -2.5% | -13.3% | ||
| Q2 25 | -57.6% | 11.8% | ||
| Q1 25 | — | -11.4% | ||
| Q4 24 | -163.0% | -2.9% | ||
| Q3 24 | -203.7% | 0.2% | ||
| Q2 24 | -192.0% | 9.7% |
每股收益（稀释后）CGCPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | — | $-0.02 | ||
| Q3 25 | — | $-0.44 | ||
| Q2 25 | — | $0.39 | ||
| Q1 25 | — | $-0.30 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | — | $0.01 | ||
| Q2 24 | — | $0.34 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $271.1M | $131.8M |
| 总债务越低越好 | — | $241.5M |
| 股东权益账面价值 | $553.5M | — |
| 总资产 | $807.5M | $502.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CGCPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $271.1M | $175.3M | ||
| Q3 25 | $217.6M | $190.1M | ||
| Q2 25 | $104.8M | $193.2M | ||
| Q1 25 | $96.0M | $147.9M | ||
| Q4 24 | $130.2M | $164.7M | ||
| Q3 24 | $168.8M | $170.3M | ||
| Q2 24 | $142.3M | $220.2M |
总债务CGCPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | — | $280.9M | ||
| Q3 25 | — | $280.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $283.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CGCPI
| Q1 26 | — | — | ||
| Q4 25 | $553.5M | $209.2M | ||
| Q3 25 | $537.3M | $195.0M | ||
| Q2 25 | $357.0M | $187.7M | ||
| Q1 25 | $355.7M | $160.6M | ||
| Q4 24 | $431.8M | $149.9M | ||
| Q3 24 | $372.1M | $136.1M | ||
| Q2 24 | $389.0M | $117.0M |
总资产CGCPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $807.5M | $545.2M | ||
| Q3 25 | $781.0M | $516.5M | ||
| Q2 25 | $660.4M | $508.8M | ||
| Q1 25 | $669.9M | $479.8M | ||
| Q4 24 | $849.9M | $489.1M | ||
| Q3 24 | $899.6M | $476.4M | ||
| Q2 24 | $938.9M | $446.1M |
负债/权益比CGCPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 1.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $2.2M |
| 自由现金流率自由现金流/营收 | — | 3.0% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $61.1M |
8季度趋势，按日历期对齐
经营现金流CGCPI
| Q1 26 | — | — | ||
| Q4 25 | — | $15.1M | ||
| Q3 25 | — | $20.9M | ||
| Q2 25 | $-7.5M | $33.9M | ||
| Q1 25 | $-121.0M | $-11.1M | ||
| Q4 24 | — | $12.6M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | $-37.8M | $45.5M |
自由现金流CGCPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | — | $13.6M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | $-8.5M | $27.3M | ||
| Q1 25 | $-128.9M | $-13.0M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | — | $4.7M | ||
| Q2 24 | $-40.7M | $44.1M |
自由现金流率CGCPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | -16.1% | 27.9% | ||
| Q1 25 | -271.5% | -17.5% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | -84.1% | 43.0% |
资本支出强度CGCPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | 1.8% | 6.7% | ||
| Q1 25 | 16.6% | 2.5% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | 5.9% | 1.3% |
现金转化率CGCPI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.93× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 45.56× | ||
| Q2 24 | — | 4.56× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CGC
| Other | $24.0M | 44% |
| Canadian Adult Use Cannabis | $22.9M | 42% |
| International Markets Cannabis | $6.2M | 11% |
| Other Geographical Area | $1.2M | 2% |
PI
暂无分部数据
