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Tilray Brands, Inc. TLRY Cannabis — Excise And Sales Taxes

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Other financials

Income statement

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Revenue$206.7M+11.3%
Gross profit$55.0M+5.7%
Operating income-$26.4M+96.5%
Net income-$26.6M+96.6%
EPS (diluted)-$0.24+97.2%

Balance sheet

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Cash & equivalents$204.6M+2.3%
Total debt$211.4M-6.9%
Total equity$1.6B-42.9%
Total assets$2.1B-39.0%

Cash flow

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Operating cash flow-$21.9M-281%
CapEx$6.3M-34.8%
Free cash flow-$19.1M

Valuation

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Market cap$538.85M+47.3%
Enterprise value$545.59M+46.8%
P/S0.6×+0.2×

Profitability

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Gross margin30.9%+2.9pp
Operating margin-103.5%-198pp
Net margin-156.1%+89.5pp
FCF margin-15.5%

Returns & leverage

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Return on equity-62.5%-1,636pp
Debt / equity0.1×+0.1×
Current ratio2.8×+0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:ExciseAndSalesTaxes.

The official record: Tilray Brands, Inc.’s 10-Q, filed April 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tilray Brands, Inc.'s cannabis — excise and sales taxes?
Tilray Brands, Inc. (TLRY) reported cannabis — excise and sales taxes of $19.01M in Q4 2025.
How has Tilray Brands, Inc.'s cannabis — excise and sales taxes changed year-over-year?
Tilray Brands, Inc.'s cannabis — excise and sales taxes increased by 1.6% year-over-year, from $18.71M to $19.01M.
What is the long-term trend for Tilray Brands, Inc.'s cannabis — excise and sales taxes?
Over 4 years (2021 to 2025), Tilray Brands, Inc.'s cannabis — excise and sales taxes has grown at a 6.7% compound annual growth rate (CAGR), from $62.94M to $81.61M.
What does cannabis — excise and sales taxes mean?
Reflects the total amount of excise and sales taxes levied by government authorities on the sale of cannabis products. These taxes are collected from customers and remitted to the appropriate regulatory bodies. Monitoring this metric helps assess the impact of regulatory tax burdens on the segment's gross revenue.