Tilray Brands (TLRY) Cost of Revenue (2017 - 2026)

Tilray Brands (TLRY) reported Cost of Revenue of $151.8 million for Q1 2026, up 991.54% on a YoY basis from $13.9 million in Q1 2025, and up 1188.33% quarter-over-quarter from $11.8 million in Q4 2025.

Tilray Brands (TLRY) Cost of Revenue (2017 - 2026) Analysis & Trends

Tilray Brands has reported Cost of Revenue for 10 years, with the latest figure at $151.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 991.54% year-over-year to $151.8 million; the trailing twelve-month figure through Feb 2026 stood at $190.8 million (up 348.22% YoY), and the FY2025 full-year result was $56.0 million, up 50.51% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $151.8 million, up from $11.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $151.8 million in Q1 2026, with the low at -$380.8 million in Q2 2024.
  • Historically, Cost of Revenue has averaged $30.6 million across 5 years, with a median of $12.9 million in 2025.
  • The largest YoY upside for Cost of Revenue was 2053.5% in 2024 against a maximum downside of 425.42% in 2024.
  • Tilray Brands' Cost of Revenue stood at $101.3 million in 2022, then plunged by 92.51% to $7.6 million in 2023, then jumped by 1874.55% to $149.7 million in 2024, then plunged by 92.13% to $11.8 million in 2025, then surged by 1188.33% to $151.8 million in 2026.
  • The last three Cost of Revenue figures came in at $151.8 million (Q1 2026), $11.8 million (Q4 2025), and $12.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn 696.00 Mn
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn 641.00 Mn
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn 133.40 Mn
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn 34.44 Mn
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn 13.80 Mn
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn 586.00 Mn
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn 155.56 Mn
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn 52.68 Mn
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn 222.00 Mn
10 Tilray Brands - - 54.95 Mn 151.78 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 151.78 Mn
Feb 28, 2026 151.78 Mn
Nov 30, 2025 11.78 Mn
Nov 30, 2025 11.78 Mn
Aug 31, 2025 12.92 Mn
Aug 31, 2025 12.92 Mn
May 31, 2025 14.28 Mn
May 31, 2025 14.28 Mn
Feb 28, 2025 13.91 Mn
Feb 28, 2025 13.91 Mn
Nov 30, 2024 149.73 Mn
Nov 30, 2024 149.73 Mn
Aug 31, 2024 140.34 Mn
Aug 31, 2024 140.34 Mn
May 31, 2024 -380.83 Mn
May 31, 2024 -380.83 Mn
Feb 29, 2024 138.94 Mn
Feb 29, 2024 138.94 Mn
Nov 30, 2023 7.58 Mn
Nov 30, 2023 7.58 Mn