ACBNasdaqMedicinal Chemicals & Botanical ProductsFiscal year ends March 31
AURORA CANNABIS INC
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 40-F on Jun 11, 2026
$3.96−0.03 (-0.75%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2017 to 2026
Gross margin
42.6%−15.4 pts over 5 years
Operating margin
–
Net margin
–
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.0% | – | +5.5% | – | |
| Gross profit | -24.5% | – | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2019 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -9.9% | – | |
| Return on assets | – | -7.9% | – | |
| Current ratio | – | 1.51 | 5.94 | |
| Debt to equity | – | 0.03 | 0.00 | |
| Net debt to EBITDA | – | 0.12× | – | |
| Interest coverage | – | -8.1× | – | |
| Inventory turnover | – | 1.5× | 1.1× | |
| Capex to revenue | – | 168.7% | – | |
| Diluted shares | – | 80M | 57M |
Cash use needs five years of cash flow figures
Aurora Cannabis does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-776.0%
×Asset turnover0.12×
×Equity multiplier1.37×
=Return on equity, FY2022-127.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2022 | -776.0% | 0.12× | 1.37× | -127.3% |
| FY2021 | -282.2% | 0.09× | 1.29× | -33.1% |
| FY2020 | -1221.7% | 0.06× | 1.27× | -100.5% |
| FY2019 | -119.5% | 0.07× | 1.25× | -9.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
2of 5 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-C$13.51M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-C$13.51M vs –
- Less leverageLong-term debt to assets fell4.7% → 0.0%
- Better liquidityCurrent ratio rose4.31 → 5.94
- No dilutionShare count did not rise56M → 57M
- Gross margin improvedGross margin up on the prior year62.63% → 42.62%
- More efficientAsset turnover rose– → 0.38