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Segments

By segment

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Beverage Alcohol Business$108.87M
Cannabis$90.53M+1.5%
Distribution Business$84.96M+14.7%
Wellness Business$19.69M+15.6%

By geography

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US$68.91M
CA$55.1M

Other financials

Income statement

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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$631.98M-5.3%
Enterprise value$706.72M+4.9%
P/S0.7×-0.1×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 years ended May 31, 2026For the years ended May 31, 2025For the years ended May 31, 2024
Net revenue$915,454$821,309$788,942
Cost of goods sold655,013580,739565,591
Gross profit260,441240,570223,351
Operating expenses:
General and administrative203,629167,324167,358
Selling49,32856,03937,233
Amortization19,58588,61684,752
Marketing and promotion42,29037,04841,933

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FAQ

What is Tilray Brands, Inc.'s total revenue?
Tilray Brands, Inc. (TLRY) reported total revenue of $281.71M in Q1 2026.
How has Tilray Brands, Inc.'s total revenue changed year-over-year?
Tilray Brands, Inc.'s total revenue increased by 25.5% year-over-year, from $224.54M to $281.71M.
What is the long-term trend for Tilray Brands, Inc.'s total revenue?
Over 4 years (2022 to 2026), Tilray Brands, Inc.'s total revenue has grown at a 9.9% compound annual growth rate (CAGR), from $628.37M to $915.45M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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