Tilray Brands Inc

TLRY: XTSE (CAN)

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Tilray Earnings: Strategic Moves Offer Some Help to Challenged Cannabis, but Alcohol Struggles

Kristoffer Inton

Jul 29, 2025

Tilray reported fiscal fourth-quarter 2025 results, with net revenue declining 2% year over year to $224.5 million. Cannabis revenue declined by 6%, while alcoholic beverages plunged 14%. Adjusted EBITDA margins declined about 50 basis points to 12.3%.

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Tilray Brands Inc

Tilray Earnings: Strategic Moves Offer Some Help to Challenged Cannabis, but Alcohol Struggles

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