Tilray Brands (TLRY) Research & Development (2017 - 2026)
Tilray Brands (TLRY) recorded Research & Development of $180,000 in fiscal Q4 2026 (quarter ended May 31, 2026), up 429.4% from $34,000 a year earlier and up 190.3% from the prior quarter.
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Analysis
Tilray Brands (TLRY) Research & Development (2017 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Tilray Brands reported Research & Development of $361,000, up 27.1% from FY2025.
- Annual Research & Development has a five-year compound annual growth rate of -15.3% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $284,000 in FY2025 (-55.3%), $635,000 in FY2024 (-6.9%), $682,000 in FY2023 (-55.1%) and $1.52 million in FY2022 (+82.9%).
- The fiscal Q4 2026 figure is the highest quarterly Research & Development since fiscal Q4 2024.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 37.5%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 429.4% in fiscal Q4 2026, against a decline of 91.4% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $62,000 (Q3 2026), $78,000 (Q2 2026) and $41,000 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -4.33 Mn |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | - |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 1.22 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | - |
| 10 | Tilray Brands | 520.15 Mn | -510.26 Mn | 90.52 Mn | 180,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 180,000.00 |
| Feb 28, 2026 | 62,000.00 |
| Nov 30, 2025 | 78,000.00 |
| Aug 31, 2025 | 41,000.00 |
| May 31, 2025 | 34,000.00 |
| Feb 28, 2025 | 85,000.00 |
| Nov 30, 2024 | 60,000.00 |
| Aug 31, 2024 | 105,000.00 |
| May 31, 2024 | 394,000.00 |
| Feb 29, 2024 | 106,000.00 |
| Nov 30, 2023 | 56,000.00 |
| Aug 31, 2023 | 79,000.00 |
| May 31, 2023 | 180,000.00 |
| Feb 28, 2023 | 171,000.00 |
| Nov 30, 2022 | 165,000.00 |
| Aug 31, 2022 | 166,000.00 |
| May 31, 2022 | 54,000.00 |
| Feb 28, 2022 | 164,000.00 |
| Nov 30, 2021 | 515,000.00 |
| Aug 31, 2021 | 785,000.00 |
API Access
Tilray Brands Research & Development 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=research-and-development&ticker=TLRY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=TLRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();