Tilray Brands financials
$3.95−1.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '26 May 31 | Q3 '26 Feb 28 | Q2 '26 Nov 30 | Q1 '26 Aug 31 | Q4 '25 May 31 | Q3 '25 Feb 28 | Q2 '25 Nov 30 | Q1 '25 Aug 31 | Q4 '24 May 31 | Q3 '24 Dec 31 | Q2 '24 Nov 30 | Q1 '24 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.7M | $206.7M | $217.5M | $209.5M | $224.5M | $185.8M | $210.9M | $200.0M | $229.9M | $188.3M | $193.8M | $176.9M |
| Gross profit | $90.5M | $55.0M | $57.5M | $57.5M | $67.6M | $52.0M | $61.2M | $59.7M | $82.3M | $49.4M | $47.4M | $44.2M |
| Gross margin | 32.1% | 26.6% | 26.4% | 27.4% | 30.1% | 28.0% | 29.0% | 29.8% | 35.8% | 26.2% | 24.5% | 25.0% |
| Operating income | -$16.5M | -$26.4M | -$22.3M | $2.1M | -$1.44B | -$759.9M | -$42.2M | -$36.6M | -$16.5M | -$82.1M | -$41.8M | -$34.4M |
| Net income | -$49.6M | -$26.6M | -$44.9M | $1.5M | -$1.27B | -$789.4M | -$85.3M | -$34.7M | -$31.7M | -$92.7M | -$49.0M | -$71.5M |
| Net margin | −17.6% | −12.9% | −20.7% | 0.7% | −566.9% | −424.9% | −40.5% | −17.3% | −13.8% | −49.2% | −25.3% | −40.4% |
| Diluted EPS | — | $-0.24 | $-0.41 | $0.00 | $-5.07 | $-8.69 | $-0.99 | $-0.40 | $-0.40 | $-1.20 | $-0.70 | $-1.00 |
| EBITDA | -$3.5M | -$4.9M | -$4.5M | $19.5M | $16.1M | -$18.3M | -$398.0K | $1.1M | $17.7M | -$40.7M | -$4.2M | -$11.7M |
| Operating cash flow | -$37.3M | -$21.9M | -$8.5M | -$1.3M | -$12.8M | -$5.8M | -$40.7M | -$35.3M | $30.7M | — | -$19.6M | -$15.8M |
| Free cash flow | -$37.3M | -$21.9M | -$8.5M | -$1.3M | -$12.8M | -$5.8M | -$40.7M | -$35.3M | $21.0M | — | -$25.5M | -$20.0M |
| Diluted shares | — | 112.7M | 110.3M | 106.0M | 250.9M | 90.8M | 86.5M | 87.5M | 79.4M | 75.4M | 73.1M | 69.1M |
Balance sheet
| Period end | May 31 | Dec 31 | Nov 30 | Aug 31 | May 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $226.0M | $221.7M | $246.7M | $264.8M | $221.7M | $200.0M |
| Short-term investments | $5.3M | $34.7M | $44.8M | $0.00 | $34.7M | $48.5M |
| Total debt | $147.4M | $170.4M | $250.4M | $252.9M | $256.9M | $277.1M |
| Total assets | $2.33B | $2.07B | $2.10B | $2.08B | $2.07B | $3.40B |
| Total liabilities | $733.1M | $584.8M | $552.1M | $562.0M | $584.8M | $701.0M |
| Shareholders' equity | $1.59B | $1.49B | $1.55B | $1.52B | $1.49B | $2.70B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology