Tilray Brands (TLRY) Operating Margin (2017 - 2026)
Tilray Brands (TLRY) reported Operating Margin of -9.35% for fiscal Q1 2027 (quarter ended Aug 31, 2026), down 10.35 percentage points from 1.00% a year earlier and down 3.51 percentage points from the prior quarter.
Tilray Brands (TLRY) Operating Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Tilray Brands' Operating Margin came in at -9.26%, up 260.86 percentage points year-over-year; for FY2026 (ended May 31, 2026), it was -6.88%, up 271.05 percentage points from FY2025.
- Operating Margin has a five-year change of +18.88 percentage points (FY2021 to FY2026).
- By fiscal year, Operating Margin came in at -277.93% in FY2025 (-255.79 pp), -22.15% in FY2024 (+196.26 pp), -218.41% in FY2023 (-121.27 pp) and -97.14% in FY2022 (-71.38 pp).
- Five-year quarterly Operating Margin spans a low of -828.86% in fiscal Q3 2023 and a high of 1.00% in fiscal Q1 2026.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of +6.55 percentage points.
- The high point for year-over-year Operating Margin in five years was fiscal Q3 2024 (a gain of 785.27 percentage points); the low point was fiscal Q3 2023 (a drop of 816.96 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at -5.84% (Q4 2026), -12.76% (Q3 2026) and -10.24% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.66 Bn | 287.30 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 128.34 Bn | 104.71 Bn | - | - |
| 3 | Altria | 123.48 Bn | 109.64 Bn | 3.82 Bn | 51.32% |
| 4 | Trulieve Cannabis | 2.21 Bn | 827.40 Mn | 162.29 Mn | -136.75% |
| 5 | Curaleaf Holdings | 2.14 Bn | 1.74 Bn | 169.91 Mn | 1.24% |
| 6 | RLX Technology | 2.08 Bn | -1.69 Bn | 52.74 Mn | 12.90% |
| 7 | Green Thumb Industries | 1.45 Bn | 297.21 Mn | 137.87 Mn | 6.51% |
| 8 | Turning Point Brands | 1.28 Bn | 383.46 Mn | 93.70 Mn | 11.69% |
| 9 | Cronos | 1.26 Bn | -2.01 Bn | 28.45 Mn | 10.49% |
| 10 | Tilray Brands | 400.34 Mn | -567.16 Mn | 77.51 Mn | -9.35% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -9.35% |
| May 31, 2026 | -5.84% |
| Feb 28, 2026 | -12.76% |
| Nov 30, 2025 | -10.24% |
| Aug 31, 2025 | 1.00% |
| May 31, 2025 | -643.10% |
| Feb 28, 2025 | -409.05% |
| Nov 30, 2024 | -20.01% |
| Aug 31, 2024 | -18.28% |
| May 31, 2024 | -7.19% |
| Feb 29, 2024 | -43.59% |
| Nov 30, 2023 | -21.55% |
| Aug 31, 2023 | -19.42% |
| May 31, 2023 | -48.85% |
| Feb 28, 2023 | -828.86% |
| Nov 30, 2022 | -35.93% |
| Aug 31, 2022 | -13.82% |
| May 31, 2022 | -304.86% |
| Feb 28, 2022 | -11.90% |
| Nov 30, 2021 | -35.79% |
Tilray Brands Operating 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=operating-margin&ticker=TLRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TLRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();