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
DateValue
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