Tilray Brands, Inc.
Financial highlights
| Metric | FY May 31, 2025 | FY May 31, 2024 | FY May 31, 2023 | FY May 31, 2022 | FY May 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $821.3M | $788.9M | $627.1M | $628.4M | $513.1M |
| Gross profit | $240.6M | $223.4M | $147.0M | $116.8M | $123.2M |
| Operating income | -$2.3B | -$174.7M | -$1.4B | -$610.4M | -$132.2M |
| Operating expenses | $2.5B | $398.1M | $1.5B | $727.2M | $255.4M |
| Cost of revenue | $580.7M | $565.6M | $480.2M | $511.6M | $389.9M |
| Cash from operations | -$94.6M | -$30.9M | $7.9M | -$177.3M | -$44.7M |
| Capital expenditure | $32.9M | $29.2M | $20.8M | $34.1M | $38.9M |
| Free cash flow | -$127.5M | -$60.2M | -$12.9M | -$211.3M | -$83.6M |
| Impairments | $2.1B | $0 | $934.0M | $378.2M | $0 |
| Total assets | $2.1B | $4.2B | $4.3B | $5.4B | $6.0B |
| Total liabilities | $584.8M | $778.5M | $977.3M | $1.0B | $1.6B |
| Total debt | — | $129.9M | $395.4M | $401.9M | $206.2M |
Shares outstanding 116.5M · Free float 92.9%
Annual filing data through FY ended May 31, 2025; float as of June 27, 2026.