Tilray Brands reported revenue of $281.71M and net income of -$49.61M for the quarter ended May 2026, up 25.5% year over year. This income statement covers 37 quarters of results from Jun 2017 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | May2019 | Sep2019 | Dec2019 | Mar2020 | May2020 | Aug2020 | Nov2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||||||
| Revenue | 168.02M | 155.15M | 151.87M | 153.32M | 153.21M | 144.14M | 145.59M | 184.19M | 176.95M | 193.77M | 188.34M | 229.88M | 200.04M | 210.95M | 185.78M | 224.53M | 209.50M | 217.51M | 206.73M | 281.71M | |||||||||||||||||
| Cost of RevenueCost of Rev | 117.07M | 122.39M | 112.04M | 160.06M | 104.60M | 101.25M | 157.29M | 117.03M | 132.75M | 146.36M | 138.94M | 147.53M | 140.34M | 149.73M | 133.77M | 156.90M | 152.03M | 160.01M | 151.78M | 191.19M | |||||||||||||||||
| Gross Profit | 50.95M | 32.77M | 39.83M | -6.73M | 48.61M | 42.88M | -11.70M | 67.16M | 44.20M | 47.41M | 49.40M | 82.35M | 59.71M | 61.22M | 52.01M | 67.63M | 57.47M | 57.50M | 54.95M | 90.52M | |||||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||||
| Amortization - Intangibles | 29.02M | 24.59M | 30.85M | 24.36M | 24.00M | 23.52M | 21.62M | 22.23M | 21.92M | 21.56M | 19.05M | 21.80M | 22.93M | 23.18M | 20.70M | 3.93M | 4.36M | 5.11M | 6.19M | ||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | |||||||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 0.79M | 0.98M | 1.10M | 1.33M | 1.16M | 1.22M | 1.10M | 1.05M | 1.11M | 1.37M | 1.25M | 1.41M | 1.49M | 1.75M | 1.10M | 1.37M | 1.31M | 1.29M | 1.01M | 1.95M | |||||||||||||||||
| Selling, General & AdministrativeSG&A | 49.49M | 33.47M | 38.45M | 41.40M | 40.51M | 37.88M | 39.00M | 47.77M | 40.52M | 43.31M | 39.94M | 43.59M | 44.11M | 46.00M | 39.25M | 37.97M | 41.05M | 51.17M | 50.23M | 61.17M | |||||||||||||||||
| Restructuring CostsRestructuring | 24.39M | 7.04M | 5.02M | -19.14M | 0.45M | 8.06M | -5.23M | -1.48M | 2.03M | 3.04M | 5.18M | 6.83M | 4.25M | 6.87M | 6.13M | 17.03M | 1.01M | 0.96M | 4.09M | 7.19M | |||||||||||||||||
| Other Operating ExpensesOther Opex | 44.90M | 46.51M | 0.86M | 0.05M | -0.08M | 0.06M | 0.01M | 0.05M | -0.00M | 0.02M | -0.02M | 4.20M | 0.03M | 0.51M | 0.20M | -1.66M | 15.00M | 0.13M | 0.12M | 34.54M | |||||||||||||||||
| Operating ExpensesOpex | 120.32M | 88.30M | 57.91M | 460.69M | 69.79M | 94.67M | 1,195.04M | 157.14M | 78.56M | 89.17M | 131.49M | 98.88M | 96.28M | 103.44M | 811.94M | 1,511.62M | 55.38M | 79.78M | 81.34M | 106.97M | |||||||||||||||||
| Operating IncomeOp. Inc | -69.37M | -55.53M | -18.08M | -467.42M | -21.18M | -51.79M | -1206.74M | -89.98M | -34.36M | -41.76M | -82.10M | -16.53M | -36.57M | -42.22M | -759.93M | -1443.99M | 2.09M | -22.28M | -26.39M | -16.45M | |||||||||||||||||
| EBIT | -69.37M | -55.53M | -18.08M | -467.42M | -21.18M | -51.79M | -1206.74M | -89.98M | -34.36M | -41.76M | -82.10M | -16.53M | -36.57M | -42.22M | -759.93M | -1443.99M | 2.09M | -22.28M | -26.39M | -16.45M | |||||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | |||||||||||||||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -1.68M | -1.83M | -3.33M | 0.10M | -1.01M | -0.60M | -0.93M | 0.46M | 0.03M | -0.04M | -0.03M | -5.47M | 0.04M | -0.34M | -4.14M | ||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -10.17M | -16.30M | -39.30M | -15.18M | -4.41M | -17.64M | 95.34M | -9.84M | -8.62M | -8.52M | -9.46M | -9.84M | -7.77M | -8.38M | -3.97M | -6.70M | -5.37M | -4.96M | -6.63M | ||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -5.72M | 65.59M | 71.04M | 11.34M | -25.57M | -6.10M | -1.96M | -40.29M | -1.02M | -8.24M | 3.77M | 11.88M | -33.80M | -22.29M | 2.53M | 6.93M | -10.33M | 12.47M | -7.18M | ||||||||||||||||||
| Non Operating IncomeNon Op. Inc. | 49.70M | 65.59M | 71.04M | 11.34M | -32.99M | -18.45M | 1.21M | -16.68M | -4.40M | 0.82M | -17.24M | -17.02M | 12.65M | -33.26M | -24.02M | 54.91M | 3.83M | -12.31M | 8.09M | -0.98M | |||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||||
| EBT | -29.84M | 0.13M | 50.65M | -461.60M | -58.58M | -73.35M | -1206.56M | -111.69M | -48.60M | -49.56M | -107.85M | -43.00M | -33.77M | -83.24M | -792.33M | -1393.04M | -0.77M | -39.96M | -23.26M | -51.36M | |||||||||||||||||
| Tax ProvisionsTaxes | 4.76M | -5.67M | -1.83M | -89.80M | 7.21M | 11.71M | -10.81M | -289.23M | 7.26M | -3.38M | -2.87M | -52.34M | 0.89M | 2.04M | 1.20M | -487.83M | -2.29M | 3.55M | 1.97M | -21.73M | |||||||||||||||||
| Profit After TaxPAT | -136.03M | -42.88M | 52.48M | -499.92M | -132.45M | -103.88M | -1195.75M | -142.38M | -52.65M | -40.98M | -109.68M | -31.75M | -30.49M | -94.24M | -798.92M | -1263.08M | 1.32M | -39.05M | -31.48M | -49.61M | |||||||||||||||||
| Equity Income | |||||||||||||||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 7.04M | 6.00M | 9.29M | 20.34M | 7.69M | 7.83M | -24.75M | 17.52M | 15.82M | 2.83M | -12.28M | 16.09M | 5.05M | -0.82M | -4.51M | 4.90M | 1.83M | 1.95M | 1.56M | 12.30M | |||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -34.60M | 5.80M | 52.48M | -371.80M | -65.79M | -85.06M | -1195.75M | 177.54M | -55.86M | -46.18M | -104.98M | 9.33M | -34.65M | -85.28M | -793.53M | -905.20M | 1.51M | -43.51M | -25.23M | -29.64M | |||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -34.60M | 5.80M | 52.48M | -371.80M | -65.79M | -85.06M | -1195.75M | 177.54M | -55.86M | -46.18M | -104.98M | 9.33M | -34.65M | -85.28M | -793.53M | -905.20M | 1.51M | -43.51M | -25.23M | -29.64M | |||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -34.60M | 5.80M | 52.48M | -371.80M | -65.79M | -85.06M | -1195.75M | 177.54M | -55.86M | -46.18M | -104.98M | 9.33M | -34.65M | -85.28M | -793.53M | -905.20M | 1.51M | -43.51M | -25.23M | -29.64M | |||||||||||||||||
| Net Income towards Common StockholdersNet Income | -34.60M | 5.80M | 52.48M | -371.80M | -65.79M | -85.06M | -1195.75M | 177.54M | -55.86M | -46.18M | -104.98M | 9.33M | -34.65M | -85.28M | -793.53M | -905.20M | 1.51M | -43.51M | -25.23M | -29.64M | |||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.77 | 0.13 | 1.08 | -7.73 | -1.14 | -1.39 | -19.43 | 2.87 | -0.81 | -0.63 | -1.39 | 0.13 | -0.40 | -0.99 | -8.74 | -10.17 | 0.01 | -0.39 | -0.22 | -0.27 | |||||||||||||||||
| EPS (Diluted) | -0.77 | 0.13 | 1.07 | -7.73 | -1.14 | -1.39 | -19.43 | 2.87 | -0.81 | -0.63 | -1.39 | 0.13 | -0.40 | -0.99 | -8.74 | -10.17 | 0.01 | -0.39 | -0.22 | -0.27 | |||||||||||||||||
| Shares Outstanding | 44.94M | 46.03M | 48.57M | 48.12M | 57.53M | 61.17M | 61.55M | 61.80M | 69.12M | 73.08M | 75.44M | 74.26M | 87.54M | 86.50M | 90.83M | 89.03M | 106.03M | 110.34M | 112.68M | 111.83M | |||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 44.94M | 46.03M | 48.85M | 48.12M | 57.53M | 61.17M | 61.55M | 61.80M | 69.12M | 73.08M | 75.44M | 74.26M | 87.54M | 86.50M | 90.83M | 89.03M | 106.03M | 110.34M | 112.68M | 111.83M | |||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 46.07M | 46.65M | 49.77M | 53.27M | 60.10M | 61.32M | 61.79M | 65.67M | 72.33M | 73.29M | 77.40M | 83.19M | 83.19M | 92.93M | 98.34M | 106.07M | 111.83M | 116.52M | 116.55M | 131.68M | |||||||||||||||||
| EBITDA | -69.37M | -55.53M | -18.08M | -467.42M | -21.18M | -51.79M | -1206.74M | -89.98M | -34.36M | -41.76M | -82.10M | -16.53M | -36.57M | -42.22M | -759.93M | -1443.99M | 2.09M | -22.28M | -26.39M | -16.45M | |||||||||||||||||
| Interest ExpensesInt Expense | |||||||||||||||||||||||||||||||||||||
| Tax Rate | -15.96% | -4,500.79% | -3.61% | 19.45% | -12.31% | -15.97% | 0.90% | 258.96% | -14.95% | 6.82% | 2.66% | 121.70% | -2.62% | -2.45% | -0.15% | 35.02% | 295.98% | -8.87% | -8.49% | 42.30% |