earnings
confidence high
sentiment positive
materiality 0.75
Tilray Brands reports record FY2026 revenue of $915.5M, adjusted EBITDA $61.1M, guides FY2027 EBITDA $68-75M
Tilray Brands, Inc.
- FY2026 net revenue $915.5M (+11% YoY); adjusted EBITDA $61.1M; net loss $105.2M ($1.09 loss per share).
- Q4 net revenue $281.7M (+25% YoY); adjusted EBITDA $31.9M; adjusted EPS $0.05.
- FY2027 guidance: adjusted EBITDA $68M-$75M, double-digit growth.
- International medical cannabis revenue up 34% in FY2026; cash & securities ~$235M; net debt $0.7M.
- BrewDog acquisition expanded beverage platform; U.S. rescheduling evaluation ongoing.