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Tilray Brands, Inc. (TLRY) stock

TLRYNasdaqMedicinal Chemicals & Botanical ProductsFiscal year ends May 31
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 8, 2026Score 11/3086% below fair value
$2.43−0.06 (-2.41%)

Close on Nov 13, 2026Market cap $359.12MP/E –Yield –

Tilray Brands gross margin

Gross margin is gross profit as a percentage of revenue.

Tilray Brands's gross margin for the twelve months ending Aug 31, 2026 was 29.1%. For fiscal 2026 it was 28.4%, against 29.3% the year before. The highest annual figure on record is 55.4% in fiscal 2017.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2026May 31, 202628.4%−0.8
FY2025May 31, 202529.3%+1.0
FY2024May 31, 202428.3%+4.9
FY2023May 31, 202323.4%+4.8
FY2022May 31, 202218.6%+32.7
FY2019Dec 31, 2019-14.1%−47.2
FY2018Dec 31, 201833.1%−22.3
FY2017Dec 31, 201755.4%+34.3
FY2016Dec 31, 201621.1%–

Quarterly gross margin

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange (pts)
Q1 FY2027CQ3 2026Aug 31, 202630.1%+2.7
Q4 FY2026CQ2 2026May 31, 202632.1%+2.0
Q3 FY2026CQ1 2026Feb 28, 202626.6%−1.4
Q2 FY2026CQ4 2025Nov 30, 202526.4%−2.6
Q1 FY2026CQ3 2025Aug 31, 202527.4%−2.4
Q4 FY2025CQ2 2025May 31, 202530.1%−5.7
Q3 FY2025CQ1 2025Feb 28, 202528.0%+1.8
Q2 FY2025CQ4 2024Nov 30, 202429.0%+4.6
Q1 FY2025CQ3 2024Aug 31, 202429.8%+4.9
Q4 FY2024CQ2 2024May 31, 202435.8%−0.6
Q3 FY2024CQ1 2024Feb 29, 202426.2%+34.3
Q2 FY2024CQ4 2023Nov 30, 202324.5%−5.3
Q1 FY2024CQ3 2023Aug 31, 202325.0%−6.8
Q4 FY2023CQ2 2023May 31, 202336.5%+40.9
Q3 FY2023CQ1 2023Feb 28, 2023-8.0%−34.3
Q2 FY2023CQ4 2022Nov 30, 202229.8%+8.6
Q1 FY2023CQ3 2022Aug 31, 202231.7%+1.4
Q4 FY2022CQ2 2022May 31, 2022-4.4%+117.1
Q3 FY2022CQ1 2022Feb 28, 202226.2%−4.8
Q2 FY2022CQ4 2021Nov 30, 202121.1%−5.6
Q1 FY2022CQ3 2021Aug 31, 202130.3%+7.0
Q4 FY2019CQ4 2019Dec 31, 2019-121.5%−141.6
Q3 FY2019CQ3 2019Sep 30, 201931.0%+0.5
Q2 FY2019CQ2 2019Jun 30, 201926.7%−16.1
Q1 FY2019CQ1 2019Mar 31, 201923.4%−26.5
Q4 FY2018CQ4 2018Dec 31, 201820.2%−37.2
Q3 FY2018CQ3 2018Sep 30, 201830.5%−24.3
Q2 FY2018CQ2 2018Jun 30, 201842.9%−11.4
Q1 FY2018CQ1 2018Mar 31, 201849.9%−5.2
Q4 FY2017CQ4 2017Dec 31, 201757.4%–
Q3 FY2017CQ3 2017Sep 30, 201754.9%–
Q2 FY2017CQ2 2017Jun 30, 201754.2%–
Q1 FY2017CQ1 2017Mar 31, 201755.1%–

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