Tilray Brands annual operating expenses
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2026
Tilray Brands Operating Expenses Growth & History (TLRY)
Tilray Brands's operating expenses was $323.5M for fiscal 2026.
View full Tilray Brands company overviewTilray Brands annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | $323.5M | −$2.20B | −87.18% |
| 2025 | 2025-05-31 | $2.52B | $2.13B | +533.84% |
| 2024 | 2024-05-31 | $398.1M | −$1.12B | −73.75% |
| 2023 | 2023-05-31 | $1.52B | $789.4M | +108.55% |
| 2022 | 2022-05-31 | $727.2M | $471.9M | +184.79% |
| 2021 | 2021-05-31 | $255.4M | $55.3M | +27.64% |
| 2020 · Dec 31 | 2020-12-31 | $225.8M | −$54.9M | −19.55% |
| 2020 · May 31 | 2020-05-31 | $200.1M | $17.6M | +9.66% |
| 2019 · Dec 31 | 2019-12-31 | $280.6M | $208.5M | +289.16% |
| 2019 · May 31 | 2019-05-31 | $182.4M | — | — |
| 2018 | 2018-12-31 | $72.1M | $53.2M | +282.07% |
| 2017 | 2017-12-31 | $18.9M | $9.2M | +94.21% |
| 2016 | 2016-12-31 | $9.7M | — | — |
Tilray Brands quarterly operating expenses
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q4.19
Q2.19
Q1.20
Q4.19
Q1.20
Q2.20
Q1.21
Q1.21
Q2.21
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | $107.0M | −$1.40B | −92.92% |
| Q3 2026 | 2026-02-28 | $81.3M | −$730.6M | −89.98% |
| Q2 2026 | 2025-11-30 | $79.8M | −$23.7M | −22.88% |
| Q1 2026 | 2025-08-31 | $55.4M | −$40.9M | −42.48% |
| Q4 2025 | 2025-05-31 | $1.51B | $1.41B | +1428.80% |
| Q3 2025 | 2025-02-28 | $811.9M | $680.4M | +517.47% |
| Q2 2025 | 2024-11-30 | $103.4M | $14.3M | +16.00% |
| Q1 2025 | 2024-08-31 | $96.3M | $17.7M | +22.55% |
| Q4 2024 | 2024-05-31 | $98.9M | −$58.3M | −37.08% |
| Q3 2024 | 2024-02-29 | $131.5M | −$1.06B | −89.00% |
| Q2 2024 | 2023-11-30 | $89.2M | −$5.5M | −5.81% |
| Q1 2024 | 2023-08-31 | $78.6M | $8.8M | +12.56% |
| Q4 2023 | 2023-05-31 | $157.1M | −$303.5M | −65.89% |
| Q3 2023 | 2023-02-28 | $1.20B | $1.14B | +1963.65% |
| Q2 2023 | 2022-11-30 | $94.7M | $6.4M | +7.22% |
| Q1 2023 | 2022-08-31 | $69.8M | −$50.5M | −42.00% |
| Q4 2022 | 2022-05-31 | $460.7M | — | — |
| Q3 2022 | 2022-02-28 | $57.9M | $3.4M | +6.24% |
| Q2 2022 | 2021-11-30 | $88.3M | $27.1M | +44.17% |
| Q1 2022 | 2021-08-31 | $120.3M | $76.9M | +177.12% |
| Q1 2021 · Mar 31 | 2021-03-31 | $86.8M | $4.7M | +5.71% |
| Q1 2021 · Feb 28 | 2021-02-28 | $54.5M | — | — |
| Q2 2021 · Nov 30 | 2020-11-30 | $61.2M | — | — |
| Q1 2021 · Sep 30 | 2020-09-30 | $36.1M | −$3.5M | −8.92% |
| Q1 2021 · Aug 31 | 2020-08-31 | $43.4M | — | — |
| Q2 2020 · Jun 30 | 2020-06-30 | $70.0M | $24.8M | +54.74% |
| Q1 2020 · Mar 31 | 2020-03-31 | $82.1M | $48.3M | +142.76% |
| Q4 2019 | 2019-12-31 | $159.6M | $133.6M | +512.92% |
| Q1 2020 · Sep 30 | 2019-09-30 | $39.6M | $16.6M | +71.74% |
| Q2 2019 | 2019-06-30 | $45.2M | $30.1M | +198.25% |
| Q4 2019 | 2019-05-31 | $99.5M | — | — |
| Q1 2019 | 2019-03-31 | $33.8M | $26.2M | +343.01% |
| Q4 2018 | 2018-12-31 | $26.0M | $20.5M | +369.56% |
| Q3 2018 | 2018-09-30 | $23.1M | $17.9M | +348.24% |
| Q2 2018 | 2018-06-30 | $15.2M | $10.1M | +201.89% |
| Q1 2018 | 2018-03-31 | $7.6M | $4.5M | +141.95% |
| Q4 2017 | 2017-12-31 | $5.5M | — | — |
| Q3 2017 | 2017-09-30 | $5.1M | — | — |
| Q2 2017 | 2017-06-30 | $5.0M | — | — |
| Q1 2017 | 2017-03-31 | $3.2M | — | — |
Tilray Brands operating expenses trends
Over the last five fiscal years, Tilray Brands's operating expenses increased from $255.4M to $323.5M, a change of $68.1M. The latest reported quarter, Q4 2026, shows $107.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tilray Brands source filings ↗