Tilray Brands (TLRY)
Nasdaq Market Open
Tilray Brands, Inc. is a global cannabis and consumer packaged goods company with roots in Canada’s federally regulated cannabis market. The business took its current shape in 2021, when Aphria and legacy Tilray combined through a reverse merger and continued under the Tilray name. It cultivates, processes, markets, and distributes cannabis products for both adult-use and medical consumers, with Canada remaining a central market for branded flower, pre-rolls, vapes, edibles, and related formats.
Tilray also serves the international medical cannabis market, where products are supplied into countries that permit cannabis-based medicines under prescription or pharmacy-controlled systems. Its European footprint is a key part of the company’s long-term strategy, particularly as markets such as Germany evolve and medical cannabis access expands. This gives Tilray exposure to regulated healthcare channels rather than only recreational retail demand.
In the United States, where federal cannabis restrictions limit direct plant-touching operations, Tilray’s presence is mainly through adjacent consumer brands. The company has built a portfolio in craft beer, spirits, and hemp-based wellness, including assets such as SweetWater Brewing and other beverage alcohol brands. These businesses provide distribution relationships, brand-building experience, and revenue outside cannabis while preserving optionality if US cannabis laws change.
Investors typically view Tilray as a diversified cannabis operator with meaningful regulatory sensitivity. Its performance depends on pricing trends in Canada, medical export demand, consumer brand execution, and the pace of cannabis reform in major markets.
Last updated
- Market Cap
- $543,452,280
- P/E
- —
- P/FCF
- —
- P/S
- 0.59
- Enterprise Value
- $464,835,280
- Sector
- Materials
- Industry
- Medicinal Chemicals and Botanical Products
- Address
- 655 MADISON AVENUE, NEW YORK, NY, 10065
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $543,452,280
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $464,835,280
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 0.34
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 0.59
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 70.55
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 0.51
- EPS
- -0.88
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- —
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -7.41%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -5.14%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.09
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.2
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 1.36
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.63
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $4,015,590
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 3.99
Income Statement
| Line Item | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|---|---|
| Revenue | 281.71M | 206.73M | 217.51M | 209.5M | 224.54M |
| Cost of revenue | 191.19M | 151.78M | 160.01M | 152.03M | 156.9M |
| Gross profit | 90.52M | 54.95M | 57.5M | 57.47M | 67.63M |
| Operating income | -16.45M | -26.39M | -22.28M | 2.09M | -1.44B |
| EBITDA | -3.52M | -4.94M | -4.49M | 19.53M | 16.13M |
| Net income | -49.57M | -26.57M | -44.93M | 1.51M | -1.27B |
| Income taxes | 13.86M | 1.97M | 3.55M | -2.29M | -125.14M |
| Interest expense | -23.66M | — | — | — | -29.95M |
| Other operating expenses | 11.96M | 6.64M | 2.4M | -12.72M | 1.43B |
| Total operating expenses | 106.98M | 81.34M | 79.78M | 55.38M | 1.51B |
| Basic EPS | -0.44 | -0.24 | -0.41 | — | -13.94 |
| Diluted EPS | -0.44 | -0.24 | -0.41 | — | -13.94 |
Balance Sheet
| Line Item | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|---|---|
| Total assets | 2.33B | 2.07B | 2.1B | 2.08B | 2.07B |
| Total liabilities | 733.15M | 584.75M | 552.09M | 561.99M | 584.75M |
| Total equity | 1.59B | 1.49B | 1.55B | 1.52B | 1.49B |
| Cash & equivalents | 225.98M | 221.67M | 246.7M | 264.83M | 221.67M |
| Current assets | 788.77M | 688.63M | 729.32M | 701.14M | 688.63M |
| Current liabilities | 358.38M | 280.3M | 259.32M | 267.63M | 280.3M |
| Accounts payable | 318.09M | 235.32M | 226.42M | 230.91M | 235.32M |
| Receivables | 189.17M | 121.49M | 109.07M | 107.08M | 121.49M |
| Inventories | 301.19M | 270.88M | 283.2M | 282.79M | 270.88M |
| Goodwill | 752.35M | 752.35M | 752.35M | 752.35M | 752.35M |
| Long-term debt | 120.43M | 148.49M | 224.99M | 228.44M | 234.92M |
Cash Flow
| Line Item | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|---|---|
| Operating cash flow | -37.32M | -21.94M | -8.54M | -1.34M | -12.81M |
| Investing cash flow | -51.18M | 28.92M | -58.01M | 24.47M | 13.52M |
| Financing cash flow | 68.17M | -5.13M | 48.1M | 19.85M | 16.64M |
| Change in cash | -20.16M | 2.8M | -18.13M | 43.16M | 21.71M |
| Net income | -37.93M | -25.23M | -43.51M | 1.51M | -1.27B |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 10-K — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 424B7 — Tilray Brands, Inc. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 144 — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Hopkinson David G. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 424B5 — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 10-Q — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 10-Q — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Cohen Steven Michael | View Filing | |
| form 4 | Form 4 — Cohen Steven Michael | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | S-3ASR — Tilray Brands, Inc. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 10-Q — Tilray Brands, Inc. | View Filing | |
| edgar index | DEF 14A — Tilray Brands, Inc. | View Filing | |
| edgar index | DEFA14A — Tilray Brands, Inc. | View Filing | |
| edgar index | ARS — Tilray Brands, Inc. | View Filing | |
| edgar index | PRE 14A — Tilray Brands, Inc. | View Filing | |
| edgar index | 424B5 — Tilray Brands, Inc. | View Filing | |
| edgar index | 8-K — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| form 4 | Form 4 — FALTISCHEK DENISE M | View Filing | |
| form 4 | Form 4 — FALTISCHEK DENISE M | View Filing | |
| form 4 | Form 4 — FALTISCHEK DENISE M | View Filing | |
| form 4 | Form 4 — Gendel Mitchell | View Filing | |
| form 4 | Form 4 — Gendel Mitchell | View Filing | |
| form 4 | Form 4 — Gendel Mitchell | View Filing | |
| form 4 | Form 4 — Gendel Mitchell | View Filing | |
| form 4 | Form 4 — Merton Carl A | View Filing | |
| form 4 | Form 4 — Merton Carl A | View Filing | |
| form 4 | Form 4 — Merton Carl A | View Filing | |
| form 4 | Form 4 — SIMON IRWIN D | View Filing | |
| form 4 | Form 4 — SIMON IRWIN D | View Filing | |
| form 4 | Form 4 — SIMON IRWIN D | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| edgar index | 4 — Tilray Brands, Inc. | View Filing | |
| form 4 | Form 4 — Merton Carl A | View Filing |