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Tilray Brands, Inc. TLRY Cannabis — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — revenue?
Tilray Brands, Inc. (TLRY) reported cannabis — revenue of $64.83M in Q4 2025.
How has Tilray Brands, Inc.'s cannabis — revenue changed year-over-year?
Tilray Brands, Inc.'s cannabis — revenue increased by 19.4% year-over-year, from $54.27M to $64.83M.
What is the long-term trend for Tilray Brands, Inc.'s cannabis — revenue?
Over 4 years (2021 to 2025), Tilray Brands, Inc.'s cannabis — revenue has grown at a 5.4% compound annual growth rate (CAGR), from $201.39M to $249M.
What does cannabis — revenue mean?
Represents the net revenue from cannabis sales after deducting excise and sales taxes. This is the primary metric used to evaluate the actual economic value generated by the cannabis segment's operations. It provides a clearer view of underlying revenue trends by removing the volatility of tax-related fluctuations.