NASDAQ : ACB
Aurora Cannabis Inc. — Financial statements
Healthcare · Drug Manufacturers - Specialty & Generic · Canada
Last price 4.06 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 266.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Aurora Cannabis Inc. (ACB) reported revenue of 314.07M CAD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 314.07M | 320.59M | 288.91M | 269.64M | 223.80M | 221.34M |
| Cost of Revenue | 175.33M | 183.94M | 107.96M | 137.91M | 209.02M | 200.11M |
| Gross Profit | 138.74M | 136.65M | 180.95M | 131.73M | 14.78M | 21.23M |
| Selling, General & Admin | 168.28M | 168.18M | 150.93M | 143.24M | 156.24M | 162.34M |
| Research & Development | 4.13M | 4.02M | 3.68M | 3.57M | 5.77M | 10.39M |
| Operating Expenses | 182.19M | 183.31M | 170.52M | 171.50M | 202.37M | 235.09M |
| Operating Income | -43.45M | -46.66M | 10.43M | -39.77M | -187.59M | -213.86M |
| Interest Expense | -1.79M | -1.81M | -2.52M | -13.80M | -44.46M | -71.81M |
| Interest & Investment Income | 5.26M | 5.85M | 10.31M | 12.82M | 14.91M | 4.51M |
| Earnings From Equity Investments | 51.00K | -293.00K | ||||
| Currency Exchange Gain (Loss) | 4.31M | 1.34M | 11.66M | -415.00K | 8.87M | -299.00K |
| Other Non Operating Income (Expenses) | 1.73M | 720.00K | 2.10M | 14.77M | 14.93M | 55.61M |
| EBT Excluding Unusual Items | -33.94M | -40.56M | 31.99M | -26.40M | -193.28M | -226.15M |
| Merger & Restructuring Charges | -6.83M | -17.43M | -19.62M | |||
| Impairment of Goodwill | -914.27M | |||||
| Gain (Loss) on Sale of Investments | -4.59M | -5.48M | ||||
| Gain (Loss) on Sale of Assets | 1.16M | 3.12M | 373.00K | |||
| Asset Writedown | -15.96M | -15.96M | -696.00K | -36.90M | -570.82M | -544.04M |
| Legal Settlements | -1.72M | -3.58M | -1.23M | |||
| Other Unusual Items | 13.06M | -30.21M | -9.70M | |||
| Pretax Income | -49.90M | -56.52M | 31.30M | -57.64M | -816.80M | -1.72B |
| Income Tax Expense | 2.57M | 2.10M | 4.25M | -554.00K | -16.55M | -2.14M |
| Earnings From Continuing Operations | -52.47M | -58.62M | 27.05M | -57.08M | -800.25M | -1.72B |
| Earnings From Discontinued Operations | -67.67M | -77.34M | -25.46M | -12.24M | -23.66M | |
| Net Income to Company | -120.13M | -135.96M | 1.59M | -69.33M | -823.91M | -1.72B |
| Minority Interest in Earnings | 3.74M | 7.29M | 355.00K | |||
| Net Income | -120.13M | -135.96M | 1.59M | -65.58M | -816.63M | -1.72B |
| Net Income to Common | -120.13M | -135.96M | 1.59M | -65.58M | -816.63M | -1.72B |
| Shares Outstanding (Basic) | 58.07M | 56.71M | 54.83M | 43.22M | 30.43M | 21.49M |
| Shares Outstanding (Diluted) | 58.07M | 56.71M | 55.62M | 43.22M | 30.43M | 21.49M |
| EPS (Basic) | -2.07 | -2.40 | 0.03 | -1.52 | -26.84 | -79.92 |
| EPS (Diluted) | -2.07 | -2.40 | 0.03 | -1.52 | -26.84 | -79.92 |
| Free Cash Flow | -51.16M | -36.06M | 952.00K | -85.34M | -162.61M | -142.48M |
| Free Cash Flow Per Share | -0.88 | -0.64 | 0.02 | -1.97 | -5.34 | -6.63 |
| Gross Margin | 44.18% | 42.62% | 62.63% | 48.85% | 6.61% | 9.59% |
| Operating Margin | -13.84% | -14.56% | 3.61% | -14.75% | -83.82% | -96.62% |
| Profit Margin | -38.25% | -42.41% | 0.55% | -24.32% | -364.88% | -776.01% |
| Free Cash Flow Margin | -16.29% | -11.25% | 0.33% | -31.65% | -72.66% | -64.37% |
| EBITDA | -29.95M | -32.96M | 23.04M | -7.00M | -135.00M | -127.04M |
| EBITDA Margin | -9.54% | -10.28% | 7.97% | -2.60% | -60.32% | -57.40% |
| D&A For EBITDA | 13.50M | 13.70M | 12.60M | 32.77M | 52.59M | 86.82M |
| EBIT | -43.45M | -46.66M | 10.43M | -39.77M | -187.59M | -213.86M |
| EBIT Margin | -13.84% | -14.56% | 3.61% | -14.75% | -83.82% | -96.62% |
| Effective Tax Rate | 13.56% | |||||
| Revenue as Reported | 314.07M | 320.59M | 288.91M | 269.64M | 223.80M | 221.34M |
Balance sheet
Fiscal year April - March; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 69.31M | 64.69M | 137.92M | 136.09M | 234.94M | 437.81M |
| Short-Term Investments | 30.72M | 554.00K | 4.04M | 1.33M | ||
| Trading Asset Securities | 52.21M | |||||
| Cash & Short-Term Investments | 100.03M | 116.90M | 138.47M | 140.13M | 234.94M | 439.14M |
| Accounts Receivable | 41.09M | 43.55M | 36.60M | 43.00M | 37.11M | 30.55M |
| Other Receivables | 1.02M | 5.87M | 2.41M | 4.24M | 16.50M | |
| Receivables | 41.09M | 44.58M | 42.47M | 45.41M | 41.34M | 47.05M |
| Inventory | 187.54M | 175.07M | 239.09M | 186.38M | 128.82M | 139.93M |
| Prepaid Expenses | 12.56M | 11.12M | 10.66M | 9.40M | 8.28M | 6.54M |
| Restricted Cash | 49.09M | 47.79M | 47.41M | 43.13M | 65.90M | 50.97M |
| Other Current Assets | 3.14M | 1.99M | 222.00K | 2.16M | 638.00K | 61.49M |
| Total Current Assets | 393.45M | 397.45M | 478.33M | 426.61M | 479.93M | 745.12M |
| Property, Plant & Equipment | 145.63M | 122.69M | 266.91M | 293.13M | 321.25M | 230.30M |
| Long-Term Investments | 12.53M | 12.11M | 1.21M | |||
| Goodwill | 27.34M | 26.65M | 43.87M | 43.18M | 18.71M | |
| Other Intangible Assets | 33.86M | 32.44M | 46.36M | 42.05M | 61.40M | 73.86M |
| Long-Term Accounts Receivable | 3.25M | 3.67M | 5.26M | 6.34M | 6.50M | 4.43M |
| Long-Term Deferred Tax Assets | 2.56M | 2.46M | 4.22M | 15.34M | 15.50M | |
| Other Long-Term Assets | 2.27M | 3.62M | 7.72M | 12.03M | 23.04M | 29.43M |
| Total Assets | 620.88M | 601.09M | 852.67M | 838.67M | 926.32M | 1.08B |
| Accounts Payable | 56.83M | 9.31M | 27.62M | 20.32M | 21.94M | 13.86M |
| Accrued Expenses | 41.28M | 45.98M | 38.09M | 48.83M | 54.62M | |
| Current Portion of Long-Term Debt | 21.51M | 52.36M | 142.14M | 26.85M | ||
| Current Portion of Leases | 5.88M | 5.73M | 5.38M | 4.86M | 5.41M | 6.15M |
| Current Income Taxes Payable | 7.44M | 6.96M | 7.60M | 1.55M | 161.00K | 167.00K |
| Current Unearned Revenue | 799.00K | 1.27M | 1.07M | 1.69M | 14.14M | 16.25M |
| Other Current Liabilities | 2.49M | 2.38M | 1.69M | 5.75M | 5.11M | 12.96M |
| Total Current Liabilities | 73.43M | 66.93M | 110.86M | 124.62M | 237.74M | 130.86M |
| Long-Term Debt | 40.19M | 4.90M | 36.16M | 199.65M | ||
| Long-Term Leases | 16.81M | 18.13M | 37.49M | 42.68M | 43.80M | 36.84M |
| Long-Term Deferred Tax Liabilities | 47.00K | 1.90M | 16.19M | 16.75M | 2.86M | |
| Other Long-Term Liabilities | 3.46M | 4.20M | 53.63M | 48.42M | 70.17M | 51.80M |
| Total Liabilities | 93.75M | 89.25M | 244.07M | 236.80M | 404.62M | 422.00M |
| Common Stock | 7.03B | 7.01B | 6.99B | 6.97B | 6.84B | 6.75B |
| Additional Paid-In Capital | 158.81M | 160.11M | 158.97M | |||
| Retained Earnings | -6.45B | -6.44B | -6.37B | -6.37B | -6.29B | -6.04B |
| Comprehensive Income & Other | -213.71M | -213.59M | -215.21M | -43.71M | -58.33M | -54.51M |
| Total Common Equity | 527.13M | 511.83M | 567.17M | 559.77M | 490.64M | 661.84M |
| Minority Interest | 41.42M | 42.10M | 31.06M | 511.00K | ||
| Shareholders' Equity | 527.13M | 511.83M | 608.59M | 601.87M | 521.71M | 662.35M |
| Total Liabilities & Equity | 620.88M | 601.09M | 852.67M | 838.67M | 926.32M | 1.08B |
| Total Debt | 22.68M | 23.86M | 104.58M | 104.79M | 227.52M | 269.49M |
| Net Cash (Debt) | 77.34M | 93.04M | 33.89M | 35.34M | 7.42M | 169.65M |
| Net Cash Per Share | 1.33 | 1.64 | 0.61 | 0.82 | 0.24 | 7.89 |
| Filing Date Shares Outstanding | 64.86M | 61.94M | 56.23M | 54.55M | 35.42M | 30.04M |
| Total Common Shares Outstanding | 63.31M | 58.95M | 56.23M | 54.55M | 34.53M | 29.78M |
| Working Capital | 320.02M | 330.52M | 367.46M | 301.99M | 242.19M | 614.26M |
| Book Value Per Share | 8.33 | 8.68 | 10.09 | 10.26 | 14.21 | 22.23 |
| Tangible Book Value | 465.93M | 452.74M | 476.94M | 474.55M | 410.53M | 587.99M |
| Tangible Book Value Per Share | 7.36 | 7.68 | 8.48 | 8.70 | 11.89 | 19.75 |
| Land | 12.15M | 12.05M | 43.94M | 43.91M | 50.26M | 13.13M |
| Buildings | 139.68M | 110.12M | 242.94M | 241.75M | 235.51M | 172.81M |
| Machinery | 90.10M | 89.48M | 160.02M | 161.74M | 152.67M | 155.25M |
| Construction In Progress | 22.17M | 17.46M | 27.15M | 25.68M | 25.62M | 25.09M |
Cash flow statement
Fiscal year April - March; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -120.13M | -135.96M | 1.59M | -65.58M | -814.86M | -1.72B |
| Depreciation & Amortization | 13.50M | 13.70M | 12.60M | 32.77M | 52.59M | 93.66M |
| Other Amortization | 490.00K | 490.00K | ||||
| Loss (Gain) From Sale of Assets | -2.73M | -2.52M | -373.00K | |||
| Asset Writedown & Restructuring Costs | 15.96M | 15.96M | 696.00K | 36.90M | 573.55M | 1.46B |
| Loss (Gain) From Sale of Investments | 1.24M | 5.48M | ||||
| Loss (Gain) on Equity Investments | -51.00K | 293.00K | ||||
| Stock-Based Compensation | 9.61M | 11.10M | 15.33M | 16.52M | 16.14M | 13.76M |
| Other Operating Activities | 69.96M | 96.10M | -25.46M | -65.52M | 53.27M | -26.94M |
| Change in Accounts Receivable | -7.68M | -8.15M | 4.18M | -4.50M | 6.77M | 18.34M |
| Change in Inventory | 10.30M | 7.44M | -2.02M | 3.87M | 560.00K | 21.07M |
| Change in Accounts Payable | -13.31M | -8.04M | 7.13M | -15.70M | 787.00K | 6.76M |
| Change in Unearned Revenue | -187.00K | 261.00K | -292.00K | 133.00K | -938.00K | -319.00K |
| Change in Income Taxes | 1.00M | -187.00K | 7.87M | 1.23M | -413.00K | 331.00K |
| Change in Other Net Operating Assets | 656.00K | -343.00K | -826.00K | -573.00K | -16.42M | 6.47M |
| Operating Cash Flow | -28.08M | -13.51M | 16.01M | -68.51M | -142.45M | -110.27M |
| Capital Expenditures | -23.08M | -22.55M | -15.05M | -16.83M | -20.16M | -32.21M |
| Sale of Property, Plant & Equipment | 1.10M | 1.10M | 1.98M | 12.28M | 20.25M | 19.65M |
| Cash Acquisitions | -14.84M | -5.54M | -63.35M | -23.42M | ||
| Investment in Securities | -30.72M | -52.21M | 5.49M | |||
| Other Investing Activities | 1.21M | 1.05M | -6.74M | 6.74M | -3.76M | -185.00K |
| Investing Cash Flow | -66.34M | -72.61M | -14.33M | -3.36M | -67.04M | -36.17M |
| Long-Term Debt Issued | 14.54M | |||||
| Total Debt Issued | 14.54M | 7.24M | ||||
| Long-Term Debt Repaid | -5.02M | -5.24M | -99.92M | -170.83M | ||
| Lease Payments | -5.06M | -5.02M | -5.24M | -5.24M | -6.87M | -7.54M |
| Total Debt Repaid | -5.06M | -5.02M | -5.24M | -99.92M | -284.28M | -170.83M |
| Net Debt Issued (Repaid) | -5.06M | -5.02M | -5.24M | -85.37M | -277.04M | -170.83M |
| Issuance of Common Stock | 18.31M | 11.49M | 820.00K | 37.92M | 285.09M | 350.19M |
| Other Financing Activities | 5.21M | 3.29M | 4.30M | -475.00K | -2.49M | -31.58M |
| Financing Cash Flow | 18.46M | 9.76M | -116.00K | -47.92M | 5.56M | 147.78M |
| Foreign Exchange Rate Adjustments | 5.10M | 3.13M | 264.00K | 297.00K | 23.91M | 15.01M |
| Miscellaneous Cash Flow Adjustments | -14.93M | |||||
| Net Cash Flow | -70.85M | -73.23M | 1.83M | -119.50M | -194.95M | 16.35M |
| Free Cash Flow | -51.16M | -36.06M | 952.00K | -85.34M | -162.61M | -142.48M |
| Free Cash Flow Margin | -16.29% | -11.25% | 0.33% | -31.65% | -72.66% | -64.37% |
| Free Cash Flow Per Share | -0.88 | -0.64 | 0.02 | -1.97 | -5.34 | -6.63 |
| Levered Free Cash Flow | -20.04M | 8.99M | -17.58M | -65.29M | -146.23M | |
| Unlevered Free Cash Flow | -18.92M | 10.12M | -16.01M | -56.66M | -101.34M | |
| Free Cash Flow After Leases | -56.22M | -41.08M | -4.29M | -90.58M | -169.48M | -150.03M |
| Cash Interest Paid | 1.38M | 2.35M | 2.92M | 14.87M | 16.93M | 27.73M |
| Cash Income Tax Paid | 759.00K | 759.00K | 928.00K | |||
| Change in Working Capital | -9.34M | -9.21M | 14.21M | -15.54M | -9.65M | 52.65M |
Ratios
Fiscal year April - March; amounts in CAD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 266.70M | 186.07M | 240.56M | 238.84M | 237.69M | 392.99M |
| Enterprise Value | 211.26M | 203.27M | 262.65M | 236.28M | 240.17M | 359.17M |
| Last Close Price | 4.06 | 3.27 | 4.39 | 4.39 | 6.97 | 13.20 |
| PE Ratio | 217.33 | |||||
| PS Ratio | 1.21 | 0.81 | 1.20 | 1.20 | 1.44 | 2.29 |
| PB Ratio | 0.72 | 0.51 | 0.57 | 0.54 | 0.62 | 0.76 |
| P/TBV Ratio | 0.81 | 0.57 | 0.72 | 0.68 | 0.78 | 0.86 |
| P/FCF Ratio | 363.20 | |||||
| P/OCF Ratio | 21.60 | |||||
| EV/Sales Ratio | 0.96 | 0.89 | 1.31 | 1.19 | 1.45 | 2.09 |
| EV/EBITDA Ratio | 16.39 | |||||
| EV/EBIT Ratio | 36.18 | |||||
| EV/FCF Ratio | 396.55 | |||||
| Debt / Equity Ratio | 0.04 | 0.05 | 0.17 | 0.17 | 0.44 | 0.41 |
| Debt / EBITDA Ratio | 4.54 | |||||
| Debt / FCF Ratio | 109.86 | |||||
| Net Debt / Equity Ratio | -0.15 | -0.18 | -0.06 | -0.06 | -0.01 | -0.26 |
| Net Debt / EBITDA Ratio | 2.58 | 2.82 | -1.47 | 5.05 | 0.06 | 1.33 |
| Net Debt / FCF Ratio | 1.51 | 2.58 | -35.60 | 0.41 | 0.05 | 1.19 |
| Asset Turnover | 0.43 | 0.44 | 0.34 | 0.31 | 0.12 | |
| Inventory Turnover | 0.84 | 0.89 | 0.51 | 0.88 | 1.44 | |
| Quick Ratio | 1.92 | 2.41 | 1.63 | 1.49 | 1.16 | 3.71 |
| Current Ratio | 5.36 | 5.94 | 4.32 | 3.42 | 2.02 | 5.69 |
| Return on Equity (ROE) | -9.40% | -10.46% | 4.47% | -10.16% | -127.26% | |
| Return on Assets (ROA) | -3.72% | -4.01% | 0.77% | -2.82% | -7.25% | |
| Return on Invested Capital (ROIC) | -10.01% | -9.39% | 1.58% | -7.36% | -37.26% | -17.08% |
| Return on Capital Employed (ROCE) | -7.90% | -8.70% | 1.40% | -5.60% | -27.20% | -22.40% |
| Earnings Yield | -36.47% | -52.35% | 0.46% | -20.28% | -253.93% | -339.32% |
| FCF Yield | -13.72% | -13.88% | 0.27% | -26.39% | -50.56% | -28.15% |
| Buyback Yield / Dilution | -3.77% | -1.96% | -28.69% | -42.03% | -41.60% | -27.08% |