Tilray Brands annual gross margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Tilray Brands Gross Margin Growth & History (TLRY)
Tilray Brands's gross margin was 28.45% for fiscal 2026.
View full Tilray Brands company overviewTilray Brands annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 28.45% | −0.84 pp |
| 2025 | 2025-05-31 | 29.29% | +0.98 pp |
| 2024 | 2024-05-31 | 28.31% | +4.88 pp |
| 2023 | 2023-05-31 | 23.43% | +4.84 pp |
| 2022 | 2022-05-31 | 18.59% | −5.42 pp |
| 2021 | 2021-05-31 | 24.01% | +12.29 pp |
| 2020 | 2020-12-31 | 11.71% | +25.78 pp |
| 2019 | 2019-12-31 | −14.07% | −47.17 pp |
| 2018 | 2018-12-31 | 33.10% | −22.30 pp |
| 2017 | 2017-12-31 | 55.39% | +34.28 pp |
| 2016 | 2016-12-31 | 21.12% | — |
Tilray Brands quarterly gross margin
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q3.20
Q2.22
Q1.21
Q1.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | 32.13% | +2.01 pp |
| Q3 2026 | 2026-02-28 | 26.58% | −1.41 pp |
| Q2 2026 | 2025-11-30 | 26.43% | −2.59 pp |
| Q1 2026 | 2025-08-31 | 27.43% | −2.42 pp |
| Q4 2025 | 2025-05-31 | 30.12% | −5.70 pp |
| Q3 2025 | 2025-02-28 | 28.00% | +1.77 pp |
| Q2 2025 | 2024-11-30 | 29.02% | +4.55 pp |
| Q1 2025 | 2024-08-31 | 29.85% | +4.87 pp |
| Q4 2024 | 2024-05-31 | 35.82% | −0.64 pp |
| Q3 2024 | 2024-02-29 | 26.23% | +34.26 pp |
| Q2 2024 | 2023-11-30 | 24.47% | −5.28 pp |
| Q1 2024 | 2023-08-31 | 24.98% | −6.75 pp |
| Q4 2023 | 2023-05-31 | 36.46% | +40.86 pp |
| Q3 2023 | 2023-02-28 | −8.04% | −34.26 pp |
| Q2 2023 | 2022-11-30 | 29.75% | +8.63 pp |
| Q1 2023 | 2022-08-31 | 31.73% | +1.40 pp |
| Q4 2022 | 2022-05-31 | −4.39% | −32.51 pp |
| Q3 2022 | 2022-02-28 | 26.23% | +1.64 pp |
| Q2 2022 · Nov 30 | 2021-11-30 | 21.12% | −6.14 pp |
| Q1 2022 | 2021-08-31 | 30.33% | +23.05 pp |
| Q1 2021 · Mar 31 | 2021-03-31 | 28.12% | −1.62 pp |
| Q1 2021 · Feb 28 | 2021-02-28 | 24.58% | +35.33 pp |
| Q2 2022 · Nov 30 | 2020-11-30 | 27.25% | +6.39 pp |
| Q3 2020 · Sep 30 | 2020-09-30 | 7.27% | +128.73 pp |
| Q3 2020 · Aug 31 | 2020-08-31 | 29.74% | −1.28 pp |
| Q2 2020 | 2020-06-30 | −10.75% | −37.49 pp |
| Q1 2020 | 2020-03-31 | 20.86% | −2.51 pp |
| Q4 2019 | 2019-12-31 | −121.46% | −141.64 pp |
| Q3 2019 | 2019-09-30 | 31.02% | +0.49 pp |
| Q2 2019 | 2019-06-30 | 26.74% | −16.13 pp |
| Q1 2019 | 2019-03-31 | 23.37% | −26.52 pp |
| Q4 2018 | 2018-12-31 | 20.18% | −34.70 pp |
| Q3 2018 | 2018-09-30 | 30.54% | −23.71 pp |
| Q2 2018 | 2018-06-30 | 42.87% | — |
| Q1 2018 | 2018-03-31 | 49.90% | — |
| Q3 2017 | 2017-09-30 | 54.88% | — |
| Q2 2017 | 2017-06-30 | 54.25% | — |
Tilray Brands gross margin trends
Over the last five reported fiscal years, Tilray Brands's gross margin increased from 24.01% to 28.45%, a change of +4.44 percentage points. The latest reported quarter, Q4 2026, shows 32.13%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tilray Brands filings at SEC.gov ↗