Tilray Brands (TLRY) Operating Income (2017 - 2026)
Tilray Brands' (TLRY) quarterly Operating Income came in at -$16.5 million in Q2 2026, up 98.86% on a YoY basis from -$8.3 million in Q2 2025, and up 37.64% quarter-over-quarter from -$26.4 million in Q1 2026.
Analysis
Tilray Brands (TLRY) Operating Income (2017 - 2026) Analysis & Trends
Tilray Brands (TLRY) has reported Operating Income for 10 consecutive years, with -$16.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 98.86% year-over-year to -$16.5 million; the trailing twelve-month figure through May 2026 stood at -$63.0 million (up 97.24% YoY), and the FY2026 full-year result was -$63.0 million, up 97.24% from the prior year.
- Operating Income grew to -$16.5 million in Q2 2026 per TLRY's latest filing, from -$26.4 million in the prior quarter.
- Across five years, Operating Income topped out at $2.1 million in Q3 2025 and bottomed at -$1.4 billion in Q2 2025.
- Historically, Operating Income has averaged -$243.1 million across 5 years, with a median of -$39.2 million in 2023.
- The widest YoY moves for Operating Income: up 105.72% in 2025, down 8637.66% in 2025.
- Over 5 years, Operating Income stood at -$51.8 million in 2022, then rose by 19.37% to -$41.8 million in 2023, then dropped by 1.1% to -$42.2 million in 2024, then surged by 47.23% to -$22.3 million in 2025, then climbed by 26.15% to -$16.5 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$16.5 million, -$26.4 million, and -$22.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 4.22 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | -370.52 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 19.97 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 7.40 Mn |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | -3.00 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | -6.30 Mn |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | -16.45 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | 3.14 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | -15.98 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -5.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -16.45 Mn |
| Feb 28, 2026 | -26.39 Mn |
| Nov 30, 2025 | -22.28 Mn |
| Aug 31, 2025 | 2.09 Mn |
| May 31, 2025 | -1.44 Bn |
| Feb 28, 2025 | -759.93 Mn |
| Nov 30, 2024 | -42.22 Mn |
| Aug 31, 2024 | -36.57 Mn |
| May 31, 2024 | -16.53 Mn |
| Feb 29, 2024 | -82.10 Mn |
| Nov 30, 2023 | -41.76 Mn |
| Aug 31, 2023 | -34.36 Mn |
| May 31, 2023 | -89.98 Mn |
| Feb 28, 2023 | -1.21 Bn |
| Nov 30, 2022 | -51.79 Mn |
| Aug 31, 2022 | -21.18 Mn |
| May 31, 2022 | -467.42 Mn |
| Feb 28, 2022 | -18.08 Mn |
| Nov 30, 2021 | -55.53 Mn |
| Aug 31, 2021 | -69.37 Mn |