Filing Flows › Tilray Brands (TLRY) › Q4 FY26 › vs Q3 FY26
Tilray Brands (TLRY) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Tilray Brands's revenue rose $75.0M (+36%) from $207M in Q3 FY26 to $282M in Q4 FY26. The biggest changes: Beverage Alcohol Business +$63.0M (+148%); Cannabis Segment +$6.6M (+10%); Wellness Business +$3.3M (+20%).
Tilray Brands, Q4 FY26: revenue $282M (+26% year over year), operating margin -5.8%, net loss $37.9M, operating cash flow −$37.3M. The chart draws each line against Q3 FY26, the increases inside each band.
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Beverage Alcohol Business | $106M | $42.6M | $63.0M | +148% |
| Distribution Business | $85.0M | $83.0M | $2.0M | +2% |
| Cannabis Segment | $71.5M | $64.8M | $6.6M | +10% |
| Wellness Business | $19.7M | $16.4M | $3.3M | +20% |
| Revenue | $282M | $207M | $75.0M | +36% |
| Net loss | $37.9M | $25.2M | $12.7M | +50% |
| Costs & expenses | $320M | $235M | $84.6M | +36% |
| Operating costs | $298M | $233M | $65.0M | +28% |
| Interest & other, net | $7.6M | −$3.1M | $10.7M | — |
| Income tax | $13.9M | $2.0M | $11.9M | +602% |
| Cost of revenue | $191M | $152M | $39.4M | +26% |
| Research & development | $180K | $62K | $118K | +190% |
| Sales & marketing | $13.5M | $8.7M | $4.8M | +55% |
| General & admin | $61.2M | $50.2M | $10.9M | +22% |
| Other operating costs | $32.2M | $22.4M | $9.8M | +44% |
| Operating cash sources | $52.2M | $35.7M | $16.5M | +46% |
| Share-based compensation | $14.9M | $13.7M | $1.2M | +8% |
| Cash used in operations | $37.3M | $21.9M | $15.4M | +70% |
| Net loss absorbed | $37.9M | $25.2M | $12.7M | +50% |
| Working capital & other | $14.3M | $10.4M | $3.8M | +37% |
Questions
How much did Tilray Brands's revenue grow quarter over quarter in Q4 FY26?
Tilray Brands's revenue rose $75.0M (+36%) from $207M in Q3 FY26 to $282M in Q4 FY26.
What drove Tilray Brands's revenue change in Q4 FY26?
Beverage Alcohol Business +$63.0M (+148%); Cannabis Segment +$6.6M (+10%); Wellness Business +$3.3M (+20%).