Emea was Tilray Brands’s largest region in fiscal 2026, bringing in $445.70M of $915.45M (49%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2019 | FY 2020 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emea | $284.57M | $296.45M | $323.35M | $445.70M | |||||||||
| United States | $123.28M | $233.14M | $273.70M | $242.39M | |||||||||
| Canada | $201.36M | $243.72M | $212.86M | $215.66M | |||||||||
| North America | — | — | — | — | |||||||||
| Other Countries | — | — | — | — | |||||||||
| Rest Of World | $17.91M | $15.63M | $11.40M | $11.71M | |||||||||
| Latin America | — | — | — | — | |||||||||
| Total | $627.12M | $788.94M | $821.31M | $915.45M |
Tilray Brands brought in $915.45M from its four regions in fiscal 2026, the year ended May 31, 2026. That was up 11.5% from $821.31M in fiscal 2025. Emea was the largest at $445.70M (48.7%), ahead of United States at $242.39M (26.5%) and Canada at $215.66M (23.6%). The remaining region, Rest Of World, brought in $11.71M.
Compared with fiscal 2025, Emea grew fastest, up 37.8% to $445.70M, while United States fell the most, down 11.4% to $242.39M. From fiscal 2023 to 2026, combined revenue from these regions grew from $627.12M to $915.45M, a compound annual growth rate of 13.4%. Emea's share of the total rose from 45.4% to 48.7%.
Distribution Business was Tilray Brands’s largest segment in fiscal 2026, bringing in $327.24M of $915.45M (36%).
| Segment | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|
| Tilray Pharma | — | — | — | — | |||
| Distribution Business | $258.77M | $258.74M | $271.23M | $327.24M | |||
| Cannabis | $220.43M | $272.80M | $249.00M | $268.34M | |||
| Beverage Alcohol Business | $95.09M | $202.09M | $240.60M | $253.98M | |||
| Cannabis Business | — | — | — | — | |||
| Wellness Business | $52.83M | $55.31M | $60.49M | $65.89M | |||
| Total | $627.12M | $788.94M | $821.31M | $915.45M |
Tilray Brands brought in $915.45M from its four segments in fiscal 2026, the year ended May 31, 2026. That was up 11.5% from $821.31M in fiscal 2025. Distribution Business was the largest at $327.24M (35.7%), ahead of Cannabis at $268.34M (29.3%) and Beverage Alcohol Business at $253.98M (27.7%). The remaining segment, Wellness Business, brought in $65.89M.
Compared with fiscal 2025, Distribution Business grew fastest, up 20.7% to $327.24M. Every segment above 2% of revenue grew. From fiscal 2023 to 2026, combined revenue from these segments grew from $627.12M to $915.45M, a compound annual growth rate of 13.4%. Distribution Business' share of the total fell from 41.3% to 35.7%.
Bulk was Tilray Brands’s largest revenue line in fiscal 2018, bringing in $18.65M of $43.13M (43%).
| Contract With Customer Sales Channel | FY 2017 | FY 2018 |
|---|---|---|
| Canada - Medical | $19.64M | $18.05M |
| Bulk | — | $18.65M |
| Adult-Use | — | $3.52M |
| International - Medical | $896.00K | $2.91M |
| Total | $20.54M | $43.13M |
Tilray Brands brought in $43.13M from its four revenue lines in fiscal 2018, the year ended December 31, 2018. Tilray Brands regrouped these revenue lines after fiscal 2017, so the total does not compare directly with that year's $20.54M. Bulk was the largest at $18.65M (43.2%), ahead of Canada - Medical at $18.05M (41.9%) and Adult-Use at $3.52M (8.2%). The remaining revenue line, International - Medical, brought in $2.91M.
Compared with fiscal 2017, International - Medical grew 225.0% to $2.91M, while Canada - Medical fell 8.1% to $18.05M.
Tilray Brands began breaking out Bulk in fiscal 2018 and Adult-Use in fiscal 2018.
Tilray Brands (TLRY) reports its revenue by geography, by segment and by contract with customer sales channel. In fiscal 2026, Emea was its largest region, bringing in $445.70M (48.7% of the total), followed by United States at $242.39M (26.5%).
Emea was Tilray Brands' largest region in fiscal 2026, bringing in $445.70M, or 48.7% of the $915.45M total across its four regions.
Distribution Business was Tilray Brands' largest segment in fiscal 2026, bringing in $327.24M, or 35.7% of the $915.45M total across its four segments.
Bulk was Tilray Brands' largest revenue line in fiscal 2018, bringing in $18.65M, or 43.2% of the $43.13M total across its four revenue lines.
Among Tilray Brands' regions that make up at least 2% of revenue, Emea grew fastest in fiscal 2026, up 37.8% from $323.35M to $445.70M.
Every figure comes from Tilray Brands' annual financial filings, as reported. Each line keeps the name Tilray Brands gives it, and years follow its fiscal calendar.
Tilray Brands' revenue by geography goes back to fiscal 2016, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.