TILT Holdings (TLLTF) Operating Expenses (2021 - 2025)
TILT Holdings (TLLTF) reported Operating Expenses of $6.8 million for Q2 2025, down 28.38% on a YoY basis from $9.5 million in Q2 2024, and down 31.46% quarter-over-quarter from $10.0 million in Q1 2025.
TILT Holdings (TLLTF) Operating Expenses (2021 - 2025) Analysis & Trends
TILT Holdings has reported Operating Expenses for 5 years, with the latest figure at $6.8 million in Q2 2025.
- For the quarter ending Q2 2025, Operating Expenses fell 28.38% year-over-year to $6.8 million; the trailing twelve-month figure through Jun 2025 stood at $66.4 million (up 21.27% YoY), and the FY2024 full-year result was $89.5 million, up 32.51% from the prior year.
- Operating Expenses for Q2 2025 stood at $6.8 million, down from $10.0 million in the prior quarter.
- The five-year high for Operating Expenses was $72.0 million in Q4 2022, with the low at $6.8 million in Q2 2025.
- Historically, Operating Expenses has averaged $21.2 million across 5 years, with a median of $16.1 million in 2021.
- Annual changes were most pronounced in 2023 — Operating Expenses sank 71.63% — and 2024, when it jumped 87.65%.
- TILT Holdings' Operating Expenses stood at $45.6 million in 2021, then jumped by 57.88% to $72.0 million in 2022, then plunged by 71.63% to $20.4 million in 2023, then jumped by 87.65% to $38.3 million in 2024, then slumped by 82.2% to $6.8 million in 2025.
- The last three Operating Expenses figures came in at $6.8 million (Q2 2025), $10.0 million (Q1 2025), and $38.3 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 96.91 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 475.11 Mn |
| 10 | TILT Holdings | - | - | 1.82 Mn | 6.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 6.83 Mn |
| Mar 31, 2025 | 9.96 Mn |
| Dec 31, 2024 | 38.35 Mn |
| Sep 30, 2024 | 11.27 Mn |
| Jun 30, 2024 | 9.53 Mn |
| Mar 31, 2024 | 12.11 Mn |
| Dec 31, 2023 | 20.44 Mn |
| Sep 30, 2023 | 12.68 Mn |
| Jun 30, 2023 | 17.99 Mn |
| Mar 31, 2023 | 16.42 Mn |
| Dec 31, 2022 | 72.04 Mn |
| Sep 30, 2022 | 15.63 Mn |
| Jun 30, 2022 | 24.52 Mn |
| Mar 31, 2022 | 16.84 Mn |
| Dec 31, 2021 | 45.63 Mn |
| Sep 30, 2021 | 16.08 Mn |
| Jun 30, 2021 | 14.42 Mn |