StocksMedium•8 October 2026•
1 min read
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.