Tilray Brands (TLRY) Operating Margin (2017 - 2026)
Tilray Brands (TLRY) reported Operating Margin of -5.84% for fiscal Q4 2026 (quarter ended May 31, 2026), up 637.26 percentage points from -643.10% a year earlier and up 6.92 percentage points from the prior quarter.
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Analysis
Tilray Brands (TLRY) Operating Margin (2017 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Tilray Brands posted Operating Margin of -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 has now increased in each of the last four quarters, with an average year-over-year change of +7.99 percentage points over the last eight quarters.
- 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 Q4 2026 came in at -12.76% (Q3 2026), -10.24% (Q2 2026) and 1.00% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 12.90% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 11.69% |
| 10 | Tilray Brands | 520.15 Mn | -510.26 Mn | 90.52 Mn | -5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Aug 31, 2021 | -41.29% |
API Access
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();