Tilray Brands (TLRY) Tax Rate (2018 - 2026)
Tilray Brands' (TLRY) quarterly Tax Rate came in at 42.3% in Q2 2026, up 728.0% YoY from 5.11% in Q2 2025, and up 598.42% on a QoQ basis from 8.49% in Q1 2026.
Tilray Brands (TLRY) Tax Rate (2018 - 2026) Analysis & Trends
Tilray Brands (TLRY) has 9 years of Tax Rate data on file, last reported at 42.3% in Q2 2026.
- Quarterly Tax Rate rose 728.0% year-over-year to 42.3% in Q2 2026, while the trailing twelve-month figure through May 2026 was 16.03% (down 498.0% YoY) and the FY2026 annual result came in at 16.03%, down 498.0% from the prior year.
- Tax Rate climbed to 42.3% in Q2 2026, from 8.49% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 295.98% in Q3 2025 to a low of 15.97% in Q4 2022.
- A 5-year average of 39.69% and a median of 0.37% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 448482 bps — and 2024, when it tumbled 13726 bps.
- Tracing TLRY's Tax Rate over 5 years: stood at 15.97% in 2022, then jumped by 143 bps to 6.82% in 2023, then plunged by 136 bps to 2.45% in 2024, then tumbled by 263 bps to 8.87% in 2025, then surged by 577 bps to 42.3% in 2026.
- The last three Tax Rate figures came in at 42.3% (Q2 2026), 8.49% (Q1 2026), and 8.87% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | - |
| 10 | Tilray Brands | 514.99 Mn | 280.36 Mn | 90.52 Mn | 42.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 42.30% |
| May 31, 2026 | 42.30% |
| May 31, 2026 | 42.30% |
| Feb 28, 2026 | -8.49% |
| Feb 28, 2026 | -8.49% |
| Feb 28, 2026 | -8.49% |
| Nov 30, 2025 | -8.87% |
| Nov 30, 2025 | -8.87% |
| Nov 30, 2025 | -8.87% |
| Aug 31, 2025 | 295.98% |
| Aug 31, 2025 | 295.98% |
| Aug 31, 2025 | 295.98% |
| May 31, 2025 | 35.02% |
| May 31, 2025 | 35.02% |
| May 31, 2025 | 35.02% |
| Feb 28, 2025 | -0.15% |
| Feb 28, 2025 | -0.15% |
| Feb 28, 2025 | -0.15% |
| Nov 30, 2024 | -2.45% |
| Nov 30, 2024 | -2.45% |