Tilray Brands, Inc.
Income Statement
| Line Item | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $281.7M | $206.7M | $217.5M | $209.5M | $224.5M | $185.8M | $211.0M | $200.0M |
| Cost of Revenue | $191.2M | $151.8M | $160.0M | $152.0M | $156.9M | $133.8M | $149.7M | $140.3M |
| Gross Profit | $90.5M | $55.0M | $57.5M | $57.5M | $67.6M | $52.0M | $61.2M | $59.7M |
| Gross Margin | 32.1% | 26.6% | 26.4% | 27.4% | 30.1% | 28.0% | 29.0% | 29.8% |
| Operating Expenses | ||||||||
| Research & Development | $180.0K | $62.0K | $78.0K | $41.0K | $34.0K | $85.0K | $60.0K | $105.0K |
| SG&A Expense | $61.2M | $50.2M | $51.2M | $41.1M | $38.0M | $39.2M | $46.0M | $44.1M |
| Operating Income | $-16.5M | $-26.4M | $-22.3M | $2.1M | $-1.44B | $-759.9M | $-42.2M | $-36.6M |
| Operating Margin | -5.8% | -12.8% | -10.2% | 1.0% | -643.1% | -409.0% | -20.0% | -18.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-24.1M | $-23.3M | $-40.0M | $-772.0K | $-1.39B | $-792.3M | $-83.2M | $-33.8M |
| Income Tax Expense | $13.9M | $2.0M | $3.5M | $-2.3M | $-125.1M | $1.2M | $2.0M | $886.0K |
| Net Income | $-49.6M | $-26.6M | $-44.9M | $-322.0K | $-1.27B | $-789.4M | $-85.3M | $-39.2M |
| Net Margin | -17.6% | -12.9% | -20.7% | -0.2% | -566.9% | -424.9% | -40.5% | -19.6% |
| EPS (Basic) | $-0.44 | $-0.24 | $-0.41 | $0.00 | $-14.84 | $-8.69 | $-0.99 | $-0.04 |
| EPS (Diluted) | $-0.44 | $-0.24 | $-0.41 | $0.00 | $-14.84 | $-8.69 | $-0.99 | $-0.04 |
| Shares Outstanding (Basic) | 111.8M | 112.7M | 110.3M | 1.06B | 89.0M | 90.8M | 86.5M | 875.4M |
| Shares Outstanding (Diluted) | 111.8M | 112.7M | 110.3M | 1.06B | 89.0M | 90.8M | 86.5M | 875.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |