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Tilray Brands, Inc. TLRY Cannabis — Cost of Goods Sold

Other segment segments

Distribution Business
$73.3M+10.0%
Beverage Alcohol Business
$35.99M
Wellness Business
$13.14M+14.7%

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Other financials

Income statement

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Revenue$281.7M+25.5%
Gross profit$55.0M+5.7%
Operating income-$26.4M+96.5%
Net income-$37.9M+97.0%
EPS (diluted)-$0.24+97.2%

Balance sheet

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Cash & equivalents$226.0M+1.9%
Total debt$300.7M+32.2%
Total equity$1.6B+6.8%
Total assets$2.3B+12.2%

Cash flow

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Operating cash flow-$37.3M-191%
CapEx$6.3M-34.8%
Free cash flow-$19.1M

Valuation

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Market cap$622.45M-38.4%
Enterprise value$697.19M-31.4%
P/S0.7×-0.6×

Profitability

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Gross margin30.9%+2.9pp
Operating margin-103.5%-198pp
Net margin-12%-5.9pp
FCF margin-15.5%

Returns & leverage

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Return on equity-7%-3.4pp
Debt / equity0.2×0.0×
Current ratio2.2×-0.2×

Where this comes from

Reported directly by Tilray Brands, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Tilray Brands, Inc.’s 10-K, filed July 28, 2026.

Filed
Jul 28, 2026, 5:03 PM EDT
Fiscal year
FY2026
Accession
0001437749-26-024698
Line itemFor the year ended May 31, 2026For the year ended May 31, 2025For the year ended May 31, 2024
Beverage costs$162,743$147,591$113,522
Cannabis costs161,256150,005182,594
Distribution costs286,589241,896230,596
Wellness costs44,42541,24738,879
Total$655,013$580,739$565,591

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FAQ

What is Tilray Brands, Inc.'s cannabis — cost of goods sold?
Tilray Brands, Inc. (TLRY) reported cannabis — cost of goods sold of $39.76M in Q1 2026.
How has Tilray Brands, Inc.'s cannabis — cost of goods sold changed year-over-year?
Tilray Brands, Inc.'s cannabis — cost of goods sold increased by 4.1% year-over-year, from $38.2M to $39.76M.
What is the long-term trend for Tilray Brands, Inc.'s cannabis — cost of goods sold?
Over 4 years (2022 to 2026), Tilray Brands, Inc.'s cannabis — cost of goods sold has grown at a -4.6% compound annual growth rate (CAGR), from $194.83M to $161.26M.
What does cannabis — cost of goods sold mean?
Includes the direct costs attributable to the production and distribution of cannabis products, such as raw materials, labor, and cultivation overhead. This metric is essential for calculating the segment's gross margin and assessing operational efficiency in manufacturing. It reflects the direct expense required to generate the segment's net revenue.

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