earnings
confidence high
sentiment positive
materiality 0.80
Tilray Brands Q3 FY2026 revenue $207M record; intl cannabis +73%; buys BrewDog ~£40M
Tilray Brands, Inc.
2026-Q3 EPS reported
-$0.65
revenue$633,740,000
- Record Q3 net revenue of $207M, up 11% organic YoY; gross profit $55M, up 6% YoY.
- International cannabis net revenue grew 73% YoY; flower sales volume +100% YoY.
- Canadian adult-use and medical cannabis combined revenue up 8% YoY; #1 cannabis position in Canada.
- Post-quarter-end, acquired BrewDog for ~£40M cash, expanding craft beverage platform globally.
- Balance sheet: $265M cash and marketable securities, net cash ~$3.5M.