7/1013 sources · 6 publishersUpdated Oct 9, 03:19 UTC
Tilray posts record first-quarter sales and maintains annual EBITDA outlook
Tilray Brands reported record first-quarter sales, with beverage growth offsetting lower cannabis revenue. Gross profit rose to $77.5M, while the company posted a net loss. Tilray maintained fiscal 2027 adjusted EBITDA guidance of $68M-$75M.
Why it matters
The earnings release paired strong beverage expansion with weaker cannabis sales and a return to a net loss. Tilray's maintained adjusted EBITDA outlook leaves its full-year profitability target unchanged despite the first-quarter loss.
Key facts
- 1Tilray reported gross profit of $77.5M for the quarter. tradingview.com
- 2The company reaffirmed fiscal 2027 adjusted EBITDA guidance of $68M-$75M. tradingview.com
- 3Beverage net revenue was $101.5 million for the three months ended August 31, 2026. stocktitan.net
- 4Tilray recorded an operating loss of $24.1 million for the three months ended August 31, 2026. stocktitan.net
- 5Operating activities used $16.5 million of cash during the quarter. stocktitan.net
- 6Tilray issued 2,841,650 common shares in September 2026 to exchange $12.0 million of principal on its TLRY 27 Notes. stocktitan.net
Open questions
- Reported revenue differs across materials: $257.1M, $257.15M, and $257.2M.
- Reported net loss differs across materials: $40.0M and $43.1M.
- One material labels the results as Q2 2026, while the others describe them as Q1 2027.
Summary written by AlphAI from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.