Tilray Brands (TLRY) Tax Rate (2018 - 2026)
Tilray Brands' (TLRY) quarterly Tax Rate came in at 42.3% in Q2 2026, up 728.0% on a YoY basis from 5.11% in Q2 2025, and up 598.42% quarter-over-quarter from 8.49% in Q1 2026.
Powered by 
Analysis
Tilray Brands (TLRY) Tax Rate (2018 - 2026) Analysis & Trends
Tilray Brands (TLRY) has reported Tax Rate for 9 consecutive years, with 42.3% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 728.0% year-over-year to 42.3%; the trailing twelve-month figure through May 2026 stood at 16.03% (down 498.0% YoY), and the FY2026 full-year result was 16.03%, down 498.0% from the prior year.
- Tax Rate grew to 42.3% in Q2 2026 per TLRY's latest filing, from 8.49% in the prior quarter.
- Across five years, Tax Rate topped out at 295.98% in Q3 2025 and bottomed at 15.97% in Q4 2022.
- Historically, Tax Rate has averaged 39.69% across 5 years, with a median of 0.37% in 2023.
- The sharpest annual moves came in 2022 and 2024: Tax Rate soared 448482 bps in 2022, then plunged 13726 bps in 2024.
- Over 5 years, Tax Rate stood at 15.97% in 2022, then soared by 143 bps to 6.82% in 2023, then slumped by 136 bps to 2.45% in 2024, then sank by 263 bps to 8.87% in 2025, then jumped by 577 bps to 42.3% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 42.3%, 8.49%, and 8.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.69 Bn | 2.60 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.99 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 672.69 Mn | 654.14 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 475.29 Mn | 240.66 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 407.36 Mn | 160.35 Mn | 16.08 Mn | 0.88% |
| 10 | Sndl | 363.80 Mn | 231.26 Mn | 40.74 Mn | -17.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 42.30% |
| Feb 28, 2026 | -8.49% |
| Nov 30, 2025 | -8.87% |
| Aug 31, 2025 | 295.98% |
| May 31, 2025 | 35.02% |
| Feb 28, 2025 | -0.15% |
| Nov 30, 2024 | -2.45% |
| Aug 31, 2024 | -2.62% |
| May 31, 2024 | 121.70% |
| Feb 29, 2024 | 2.66% |
| Nov 30, 2023 | 6.82% |
| Aug 31, 2023 | -14.95% |
| May 31, 2023 | 258.96% |
| Feb 28, 2023 | 0.90% |
| Nov 30, 2022 | -15.97% |
| Aug 31, 2022 | -12.31% |
| May 31, 2022 | 19.45% |
| Feb 28, 2022 | -3.61% |
| Nov 30, 2021 | -4,500.79% |
| Aug 31, 2021 | -15.96% |