Tilray Brands (TLRY) Revenue & Revenue Breakdown

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Tilray Brands Revenue Highlights

Latest Revenue (Y)

$915.45M

Latest Revenue (Q)

$206.73M

Main Segment (Y)

Cannabis Segment

Main Geography (Y)

EMEA

Tilray Brands Revenue by Period

Tilray Brands Revenue by Year

Date	Revenue	Change
2026-05-31	$915.45M	-18.77%
2025-05-31	$1.13B	4.84%
2024-05-31	$1.07B	27.26%
2023-05-31	$844.72M	6.64%
2022-05-31	$792.12M	27.83%
2021-05-31	$619.67M	110.09%
2020-05-31	$294.96M	583.88%
2019-05-31	$43.13M	110.00%
2018-05-31	$20.54M	62.43%
2017-06-30	$12.64M	96.34%
2016-05-31	$6.44M	1707.81%
2015-05-31	$356.23K	100.00%
2014-05-31	-	100.00%
2013-08-31	-	100.00%
2012-08-31	-	-

Tilray Brands generated $915.45M in revenue during NA 2026, up -18.77% compared to the previous quarter, and up 147.73% compared to the same period a year ago.

Tilray Brands Revenue by Quarter

Date	Revenue	Change
2026-02-28	$206.73M	-31.96%
2025-11-30	$303.85M	5.59%
2025-08-31	$287.78M	-6.60%
2025-05-31	$308.10M	14.82%
2025-02-28	$268.34M	-9.05%
2024-11-30	$295.06M	9.34%
2024-08-31	$269.84M	-13.85%
2024-05-31	$313.23M	22.53%
2024-02-29	$255.65M	-2.57%
2023-11-30	$262.38M	9.47%
2023-08-31	$239.67M	-3.40%
2023-05-31	$248.10M	25.25%
2023-02-28	$198.08M	1.85%
2022-11-30	$194.48M	-3.33%
2022-08-31	$201.17M	4.08%
2022-05-31	$193.28M	0.10%
2022-02-28	$193.08M	-2.76%
2021-11-30	$198.55M	-5.95%
2021-08-31	$211.11M	14.85%
2021-05-31	$183.81M	-2.70%
2021-02-28	$188.91M	45.93%
2020-11-30	$129.46M	10.19%
2020-08-31	$117.49M	17.74%
2020-05-31	$99.78M	-19.46%
2020-02-28	$123.90M	36.53%
2019-11-30	$90.75M	-3.82%
2019-09-30	$94.36M	1.81%
2019-06-30	$92.69M	65.60%
2018-12-31	$55.97M	242.97%
2018-11-30	$16.32M	59.45%
2018-09-30	$10.23M	11.91%
2018-06-30	$9.14M	13.79%
2018-02-28	$8.04M	21.62%
2017-11-30	$6.61M	36.29%
2017-08-31	$4.85M	20.86%
2017-05-31	$4.01M	3.38%
2017-02-28	$3.88M	-0.25%
2016-11-30	$3.89M	16.39%
2016-08-31	$3.34M	45.87%
2016-05-31	$2.29M	15.87%
2016-02-29	$1.98M	30.46%
2015-11-30	$1.52M	111.14%
2015-08-31	$717.98K	78.38%
2015-05-31	$402.51K	877.12%
2015-02-28	$41.19K	100.00%
2014-11-30	-	100.00%
2014-08-31	-	100.00%
2014-05-31	-	100.00%
2014-02-28	-	100.00%
2013-11-30	-	100.00%
2013-08-31	-	100.00%
2013-05-31	-	100.00%
2013-02-28	-	100.00%
2012-11-30	-	100.00%
2012-08-31	-	100.00%
2012-05-31	-	100.00%
2012-02-29	-	100.00%
2011-11-30	-	-

Tilray Brands generated $206.73M in revenue during Q3 2026, up -31.96% compared to the previous quarter, and up 70.07% compared to the same period a year ago.

Tilray Brands Revenue Breakdown

Tilray Brands Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 26	May 25	May 24	May 23	May 22
Wellness Business	$65.89M	$60.48M	$55.31M	-	-
Cannabis Segment	$352.31M	$330.61M	$370.69M	-	-
Beverage Alcohol Business	$265.46M	$253.18M	$213.61M	$100.68M	-
Distribution Revenue	$327.24M	$271.23M	$258.74M	$259.75M	-
Beverage Alcohol Revenue Net	-	-	-	-	$71.49M
Wellness Revenue	-	-	-	-	$59.61M
Cannabis Revenue Net	-	-	-	-	$237.52M
Cannabis Excise Taxes	-	-	-	-	$-63.37M
Cannabis Revenue	-	-	-	-	$300.89M
Beverage Alcohol Excise Taxes	-	-	-	-	$-3.47M
Beverage Alcohol Revenue	-	-	-	-	$74.96M

Tilray Brands's latest annual revenue breakdown by segment (product or service), as of May 26: Cannabis Segment (34.85%), Distribution Revenue (32.37%), Beverage Alcohol Business (26.26%), and Wellness Business (6.52%).

Quarterly Revenue by Product

Product/Service	May 26	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21
Distribution Revenue	$84.96M	$82.96M	$85.32M	$74.01M	$74.05M	$61.49M	$61.16M	$62.53M	$68.87M	$67.19M	-	-	-	-	-	-	-	-	-	-
Wellness Business	$19.69M	$16.38M	$14.58M	$15.24M	$17.04M	$14.09M	$14.61M	$14.75M	-	-	-	-	-	-	-	-	-	-	-	-
Beverage Alcohol Business	$108.87M	$44.52M	$53.55M	$58.51M	$69.15M	$58.01M	$66.86M	$59.16M	$80.38M	$58.25M	$49.65M	$25.34M	$33.47M	$21.94M	$23.41M	$21.86M	-	-	-	-
Cannabis Segment	$90.53M	$83.83M	$90.21M	$87.73M	$89.22M	$72.98M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution Business	-	-	-	-	-	$61.49M	$67.61M	-	-	-	-	-	-	-	-	-	-	-	-	-
Cannabis Excise Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-15.10M	$-14.13M	$-14.65M	$-19.48M
Beverage Alcohol Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$23.46M	$20.47M	$14.54M	$16.48M
Beverage Alcohol Revenue Net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$22.73M	$19.60M	$13.71M	$15.46M
Beverage Alcohol Excise Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-732.00K	$-876.00K	$-837.00K	$-1.02M
Wellness Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$16.18M	$14.70M	$13.80M	$14.93M
Cannabis Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$68.35M	$69.18M	$73.43M	$89.93M
Cannabis Revenue Net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$53.25M	$55.05M	$58.77M	$70.45M

Tilray Brands's latest quarterly revenue breakdown by segment (product or service), as of May 26: Beverage Alcohol Business (35.81%), Cannabis Segment (29.77%), Distribution Revenue (27.94%), and Wellness Business (6.48%).

Tilray Brands Revenue Breakdown by Country

Annual Revenue by Country

Country	May 26	May 25	May 24	May 22	May 21
UNITED STATES	$242.39M	$273.69M	$233.14M	-	-
Rest of World	$11.71M	$11.40M	$15.63M	-	-
CANADA	$215.66M	$212.86M	$243.72M	-	-
EMEA	$445.70M	$323.35M	$296.45M	-	-
E M E A	-	-	-	$296.91M	$279.06M
North America	-	-	-	$314.13M	$229.12M
Rest Of World	-	-	-	$17.33M	-
Latin America	-	-	-	-	$4.90M

Tilray Brands's latest annual revenue breakdown by geography, as of May 26: EMEA (48.69%), UNITED STATES (26.48%), CANADA (23.56%), and Rest of World (1.28%).

Quarterly Revenue by Country

Country	May 26	Feb 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 22	Feb 22	Nov 21	Aug 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Rest of World	$5.37M	$1.87M	$2.34M	$2.12M	$2.55M	$3.04M	$3.22M	$2.59M	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$68.91M	$51.68M	$57.84M	$63.96M	$73.64M	$64.42M	$71.75M	$63.88M	$11.04M	$9.93M	$13.34M	$13.98M	$16.53M	$10.84M	$10.73M	$4.22M	-	-	-	-
CANADA	$55.10M	$48.22M	$54.17M	$58.17M	$54.30M	$45.93M	$56.72M	$55.91M	$27.20M	$33.77M	$29.48M	$27.84M	$29.49M	$33.59M	$30.33M	$17.00M	-	-	-	-
EMEA	$152.34M	$104.95M	$103.16M	$85.25M	$94.04M	$72.39M	$79.25M	$77.67M	-	-	-	-	-	-	-	-	-	-	-	-
E M E A	-	-	-	-	-	-	-	-	$71.31M	$74.67M	$74.92M	$76.01M	-	-	-	-	-	-	-	-
Rest Of World	-	-	-	-	-	-	-	-	$4.10M	$3.97M	$7.79M	-	-	-	-	-	-	-	-	-
North America	-	-	-	-	-	-	-	-	$77.91M	$73.23M	$72.44M	$90.54M	-	-	-	-	-	-	-	-
Latin America	-	-	-	-	-	-	-	-	-	-	-	$1.47M	-	-	-	-	-	-	-	-
Others Countries	-	-	-	-	-	-	-	-	-	-	-	-	$9.78M	$12.86M	$8.59M	$8.59M	$6.08M	$6.68M	$4.84M	$1.81M

Tilray Brands's latest quarterly revenue breakdown by geography, as of May 26: EMEA (54.07%), UNITED STATES (24.46%), CANADA (19.56%), and Rest of World (1.91%).

Tilray Brands Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PAHC	Phibro Animal Health	$1.52B	$373.91M
TLRY	Tilray Brands	$915.45M	$206.73M
NEOG	Neogen	$870.40M	$211.20M
EVO	Evotec SE	$781.43M	$208.73M
AMPH	Amphastar Pharmaceuticals	$719.89M	$183.90M
DVAX	Dynavax	$277.25M	$95.44M
HROW	Harrow Health	$272.30M	$70.66M
ALVO	Alvotech	$91.43M	$12.43M
IMNM	Immunome	$6.94M	-
NTLA	Intellia Therapeutics	-	$7.66M
MAZE	Maze Therapeutics	-	-

TLRY Revenue FAQ

What is Tilray Brands’s yearly revenue?

Tilray Brands's yearly revenue for 2026 was $915.45M, representing a decrease of -18.77% compared to 2025. The company's yearly revenue for 2025 was $1.13B, representing an increase of 4.84% compared to 2024. TLRY's yearly revenue for 2024 was $1.07B, representing an increase of 27.26% compared to 2023.

What is Tilray Brands’s quarterly revenue?

Tilray Brands's quarterly revenue for Q3 2026 was $206.73M, a -31.96% decrease from the previous quarter (Q2 2026), and a -22.96% decrease year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $303.85M, a 5.59% increase from the previous quarter (Q1 2026), and a 2.98% increase year-over-year (Q2 2025). TLRY's quarterly revenue for Q1 2026 was $287.78M, a -6.60% decrease from the previous quarter (Q4 2025), and a 6.65% increase year-over-year (Q1 2025).

What is Tilray Brands’s revenue growth rate?

Tilray Brands's revenue growth rate for the last 3 years (2024-2026) was -14.84%, and for the last 5 years (2022-2026) was 15.57%.

What are Tilray Brands’s revenue streams?

Tilray Brands's revenue streams in y 26 are Wellness Business, Cannabis Segment, Beverage Alcohol Business, and Distribution Revenue. Wellness Business generated $65.89M in revenue, accounting 6.52% of the company's total revenue, up 8.94% year-over-year. Cannabis Segment generated $352.31M in revenue, accounting 34.85% of the company's total revenue, up 6.56% year-over-year. Beverage Alcohol Business generated $265.46M in revenue, accounting 26.26% of the company's total revenue, up 4.85% year-over-year. Distribution Revenue generated $327.24M in revenue, accounting 32.37% of the company's total revenue, up 20.65% year-over-year.

What is Tilray Brands’s main source of revenue?

For the fiscal year ending May 26, the largest source of revenue of Tilray Brands was Cannabis Segment. This segment made a revenue of $352.31M, representing 34.85% of the company's total revenue.