Tilray Brands (TLRY) Net Margin (2017 - 2026)
Tilray Brands (TLRY) reported Net Margin of -16.78% for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 16.62 percentage points from -0.15% a year earlier but up 0.82 percentage points from the prior quarter.
Tilray Brands (TLRY) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Tilray Brands' Net Margin came in at -17.05%, up 241.49 percentage points year-over-year; for FY2026 (ended May 31, 2026), it was -13.26%, up 252.99 percentage points from FY2025.
- Net Margin has a five-year change of +58.35 percentage points (FY2021 to FY2026).
- By fiscal year, Net Margin came in at -266.25% in FY2025 (-235.20 pp), -31.05% in FY2024 (+200.59 pp), -231.64% in FY2023 (-155.76 pp) and -75.88% in FY2022 (-4.27 pp).
- Five-year quarterly Net Margin spans a low of -804.32% in fiscal Q3 2023 and a high of 28.44% in fiscal Q3 2022.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +5.00 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q3 2024 (a gain of 755.10 percentage points); the low point was fiscal Q3 2023 (a drop of 832.76 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at -17.60% (Q4 2026), -12.85% (Q3 2026) and -20.66% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.33 Bn | 286.97 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 128.97 Bn | 105.33 Bn | - | - |
| 3 | Altria | 123.30 Bn | 109.46 Bn | 3.82 Bn | 37.60% |
| 4 | Trulieve Cannabis | 2.12 Bn | 741.64 Mn | 162.29 Mn | -149.83% |
| 5 | Curaleaf Holdings | 2.12 Bn | 1.72 Bn | 169.91 Mn | 3.68% |
| 6 | RLX Technology | 2.06 Bn | -1.70 Bn | 52.74 Mn | 4.31% |
| 7 | Green Thumb Industries | 1.43 Bn | 279.53 Mn | 137.87 Mn | 1.59% |
| 8 | Turning Point Brands | 1.28 Bn | 389.03 Mn | 93.70 Mn | 2.52% |
| 9 | Cronos | 1.27 Bn | -2.01 Bn | 28.45 Mn | 45.45% |
| 10 | Tilray Brands | 389.35 Mn | -578.15 Mn | 77.51 Mn | -16.78% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -16.78% |
| May 31, 2026 | -17.60% |
| Feb 28, 2026 | -12.85% |
| Nov 30, 2025 | -20.66% |
| Aug 31, 2025 | -0.15% |
| May 31, 2025 | -566.86% |
| Feb 28, 2025 | -424.93% |
| Nov 30, 2024 | -40.46% |
| Aug 31, 2024 | -19.58% |
| May 31, 2024 | -13.81% |
| Feb 29, 2024 | -49.22% |
| Nov 30, 2023 | -25.29% |
| Aug 31, 2023 | -40.42% |
| May 31, 2023 | -75.31% |
| Feb 28, 2023 | -804.32% |
| Nov 30, 2022 | -48.19% |
| Aug 31, 2022 | -47.96% |
| May 31, 2022 | -311.85% |
| Feb 28, 2022 | 28.44% |
| Nov 30, 2021 | -0.13% |
Tilray Brands Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TLRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TLRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TLRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();