Tilray Brands (TLRY) Gross Margin (2017 - 2026)

Tilray Brands has reported Gross Margin for 10 years, with the latest figure at 26.58% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 141.0% year-over-year to 26.58%; the trailing twelve-month figure through Feb 2026 stood at 27.68% (down 320.0% YoY), and the FY2025 full-year result was 29.29%, up 98.0% from the prior year.
• Gross Margin for Q1 2026 stood at 26.58%, up from 26.43% in the prior quarter.
• The five-year high for Gross Margin was 36.46% in Q2 2023, with the low at 8.04% in Q1 2023.
• Historically, Gross Margin has averaged 24.75% across 5 years, with a median of 27.43% in 2025.
• The largest YoY upside for Gross Margin was 4086 bps in 2023 against a maximum downside of 3426 bps in 2023.
• Tilray Brands' Gross Margin stood at 29.75% in 2022, then slipped by 18 bps to 24.47% in 2023, then advanced by 19 bps to 29.02% in 2024, then slipped by 9 bps to 26.43% in 2025, then grew by 1 bps to 26.58% in 2026.
• The last three Gross Margin figures came in at 26.58% (Q1 2026), 26.43% (Q4 2025), and 27.43% (Q3 2025), per Business Quant data.