Tilray Brands Reports Record Fiscal 2026 Performance with Revenue and EBITDA Growth
Tilray Brands (NASDAQ:TLRY) reported record fiscal year 2026 results, driven by strong international cannabis growth and the acquisition of BrewDog. The company's revenue increased to $915.5 million from $821.3 million in the prior year, with adjusted EBITDA rising 11% to $61.1 million. A significant reduction in net loss was also noted, narrowing to $105.2 million compared to a previous annualized loss of approximately $2.2 billion. In Q4 alone, Tilray's revenue surged by 25%, reaching $281.7 million with beverage sales rising sharply due to the BrewDog acquisition. The CFO highlighted debt reduction efforts and improved cash generation as key factors in the company’s financial turnaround. Looking ahead, management expects continued margin expansion and operational efficiencies that will support an adjusted EBITDA range of $68–$75 million for fiscal 2027.
Tickers: $TLRY
Topics: acquisition_integration cannabis ebitda revenue_growth