7/1016 sources · 8 publishersUpdated Oct 10, 15:14 UTC
Tilray reports strong beverage-led Q1 growth but reaffirms outlook amid cannabis decline
Tilray Brands reported fiscal Q1 2027 revenue of $257.15M, up 22.7% year over year, with gross profit of $77.5M. Beverage revenue climbed 82% to $101.5M, while cannabis revenue fell 13% to $56.1M. Tilray reported a $40.0M net loss and maintained fiscal 2027 adjusted EBITDA guidance of $68M-$75M.
Why it matters
The results show stronger beverage and distribution performance offsetting weaker cannabis sales, while the unchanged adjusted EBITDA outlook limits an immediate change to full-year expectations. Tilray shares slipped in premarket trading after the revenue miss, according to the reported market reaction.
Key facts
- 1Fiscal Q1 2027 revenue was $257.15M, an increase of 22.7% year over year. seekingalpha.com
- 2Gross profit increased to $77.5M from $57.5M a year earlier. stocktitan.net
- 3Beverage revenue was $101.5M versus $55.7M a year earlier, while cannabis revenue was $56.1M versus $64.5M. stocktitan.net
- 4Tilray recorded a $40.0M consolidated net loss and a $24.1M operating loss for the quarter. stocktitan.net
- 5The company reaffirmed fiscal 2027 adjusted EBITDA guidance of $68M-$75M. finance.yahoo.com
Open questions
- Reported net loss figures conflict: material 6 states $3.0M, material 11 states $40.0M, and material 12 states $43.1M for the quarter.
- Revenue growth is reported as 22.7% in material 3, 23% in several materials, and 20% in material 15 on the same year-over-year basis.
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.