EL7.AI
StocksMediumUpdated•Originally published 8 October 2026•Updated 8 October 2026•
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Tilray Brands Reports Record $257 Million Q1 Revenue, Up 23%

Key Facts

1Tilray Brands achieved record Q1 net revenue of $257 million, up 23% year-over-year.
2The company's gross margin expanded by approximately 300 basis points to reach 30%.
3The company reaffirmed its fiscal 2027 Adjusted EBITDA guidance of $68 million to $75 million.

Tilray Brands achieved record Q1 fiscal 2027 net revenue of $257 million, representing a 23% increase year-over-year. According to a company statement via GlobeNewswire, the gross margin expanded by approximately 300 basis points to reach 30%, bolstered by the global beverage segment which delivered $101 million in revenue.

The company reaffirmed its fiscal 2027 Adjusted EBITDA guidance, maintaining a target range of $68 million to $75 million. In equity markets, TLRY closed at $3.72 on October 7, 2026, having traded between a session low of $3.7 and a high of $3.76.

Latest Updates · 1

  1. Notable·

    Update: Gross profit rose 35% to reach $77.5 million during the first fiscal quarter of 2027. This growth aligns with the improved operating margins reported by the company in its financial results on October 8, 2026.

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