Tilray Brands (TLRY) Operating Margin (2017 - 2026)
Tilray Brands' (TLRY) quarterly Operating Margin came in at 5.84% in Q2 2026, up 63726.0% on a YoY basis from N/an in Q2 2025, and up 54.24% quarter-over-quarter from 12.76% in Q1 2026.
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Tilray Brands (TLRY) Operating Margin (2017 - 2026) Analysis & Trends
Tilray Brands (TLRY) has reported Operating Margin for 10 consecutive years, with 5.84% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 63726.0% year-over-year to 5.84%; the trailing twelve-month figure through May 2026 stood at 6.88% (up 27105.0% YoY), and the FY2026 full-year result was 6.88%, up 27105.0% from the prior year.
- Operating Margin grew to 5.84% in Q2 2026 per TLRY's latest filing, from 12.76% in the prior quarter.
- Across five years, Operating Margin topped out at 1.0% in Q3 2025 and bottomed at 828.86% in Q1 2023.
- Historically, Operating Margin has averaged 136.35% across 5 years, with a median of 19.72% in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 81696 bps in 2023, then soared 78527 bps in 2024.
- Over 5 years, Operating Margin stood at 35.93% in 2022, then soared by 40 bps to 21.55% in 2023, then increased by 7 bps to 20.01% in 2024, then surged by 49 bps to 10.24% in 2025, then soared by 43 bps to 5.84% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.84%, 12.76%, and 10.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 1.24% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -136.75% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 6.51% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 10.49% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -6.37% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -3.01% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -5.84% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 1.44% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -22.03% |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -3.33% |
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% |