earnings
confidence high
sentiment positive
materiality 0.60
Tilray Q1 FY27 revenue up 23% to $257.1M; net loss $40M on non-cash charges, BrewDog lifts beverage
Tilray Brands, Inc.
2027-Q1 EPS reported
-$0.32
revenue$257,147,000
- Net revenue $257.1M, up 23% YoY from $209.5M; gross profit $77.5M (+35%) with gross margin expanding ~300 bps to 30%.
- Net loss $40.0M, or $0.32 per share, driven predominantly by non-cash charges; adjusted net loss $3.0M, or $0.02/sh.
- Adjusted EBITDA $9.2M vs $10.2M a year ago, burdened by ~$1.7M of global fuel surcharges.
- Beverage revenue jumped 82% to $101.5M on the BrewDog acquisition; beverage gross margin 41% and BrewDog reached profitability in Q1.
- Cannabis revenue fell to $56.1M from $64.5M though cannabis gross margin rose to 39%; EMEA revenue +71%; distribution revenue +14% to $84.3M; wellness flat at $15.3M.