Filing Flows › Tilray Brands (TLRY) › Q1 FY27
Tilray Brands (TLRY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 8, 2026
Tilray Brands (TLRY) reported revenue of $257M for the first quarter fiscal 2027 (Q1 FY27), +23% from a year earlier and -9% from the quarter before. Operating margin was -9.4%, net loss $40.0M (15.6% of revenue).
Tilray Brands, Q1 FY27: revenue $257M (+23% year over year), operating margin -9.4%, net loss $40.0M, operating cash flow −$16.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $257M | -9% | +23% |
| Operating profit | −$24.1M | — | -1250% |
| Net earnings | −$40.0M | — | -2746% |
| Operating cash flow | −$16.5M | — | — |
What changed
Revenue was $257.1M in Q1 FY27, up 23% year over year and down 9% from the previous quarter. Beverage Alcohol Business was the largest line at 39% of revenue. Beverage Alcohol Business added $45.8M year over year (up 82%), 96% of the total change. Cannabis Segment declined 13%.
Gross margin was 30.1%, up 2.7 points from Q1 FY26. Operating costs exceeded revenue by $24.1M, an operating margin of -9.4%. Operating expenses grew 83% against revenue growth of 23%. The fastest-growing cost line was Other operating costs (+581%). The quarter ended with a net loss of $40.0M, wider than the previous quarter's $37.9M loss.
Operating cash flow was −$16.5M. Non-cash charges added back $6.6M of share-based compensation. Working capital and other items added $16.9M.
Questions
What was Tilray Brands' revenue in the first quarter fiscal 2027?
Tilray Brands (TLRY) reported revenue of $257M for the first quarter fiscal 2027 (Q1 FY27), +23% from a year earlier and -9% from the quarter before.
Was Tilray Brands profitable in the first quarter fiscal 2027?
Operating loss was $24.1M (-9.4% of revenue) and net loss $40.0M.
Source: Tilray Brands 10-Q on SEC EDGAR.