Tilray Brands Q1 revenue rises 23% to $257.1 million; net loss widens to $40.0 million
Tilray Brands reported first-quarter fiscal 2027 results for the quarter ended August 31, 2026, with net revenue up 23% to $257.1 million and gross profit up 35% to $77.5 million. The company also posted a net loss of $40.0 million, or $0.32 per share, which it attributed mainly to non-cash charges, and reaffirmed its fiscal 2027 adjusted EBITDA guidance of $68 million to $75 million.
Key points
- Net revenue rose 23% year-over-year to $257.1 million; beverage revenue rose 82% to $101.5 million, reflecting the BrewDog acquisition.
- Net loss was $40.0 million, or $0.32 per share, compared with net income of $1.5 million a year earlier; adjusted EBITDA was $9.2 million versus $10.2 million.
- Fiscal year-to-date debt was reduced by $42 million, and cash, restricted cash and marketable securities totaled $221.4 million at quarter end.
- Fiscal 2027 adjusted EBITDA guidance of $68 million to $75 million was reaffirmed, not changed.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.