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Tilray Brands, Inc. TLRY Wellness Business — Gross Profit

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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:GrossProfit.

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
Wellness
Wellness revenue65,89260,48555,310
Wellness costs44,42541,24738,879
Wellness gross profit21,46719,23816,431
Total
Total revenue915,454821,309788,942
Total costs655,013580,739565,591
Total gross profit$260,441$240,570$223,351

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FAQ

What is Tilray Brands, Inc.'s wellness business — gross profit?
Tilray Brands, Inc. (TLRY) reported wellness business — gross profit of $6.55M in Q1 2026.
How has Tilray Brands, Inc.'s wellness business — gross profit changed year-over-year?
Tilray Brands, Inc.'s wellness business — gross profit increased by 17.5% year-over-year, from $5.58M to $6.55M.
What is the long-term trend for Tilray Brands, Inc.'s wellness business — gross profit?
Over 4 years (2022 to 2026), Tilray Brands, Inc.'s wellness business — gross profit has grown at a 4.3% compound annual growth rate (CAGR), from $18.15M to $21.47M.
What does wellness business — gross profit mean?
This metric measures the residual profit earned by the wellness business segment after deducting the direct costs of goods and services sold from total segment revenue. It serves as a primary indicator of the segment's pricing power and manufacturing efficiency before accounting for operating expenses. A stable or growing gross profit margin indicates effective cost management and healthy demand for wellness products.

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