Tilray Brands (TLRY) Revenue & Revenue Breakdown

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Tilray Brands Revenue Highlights

Latest Revenue (Y)

$788.94M

Latest Revenue (Q)

$185.78M

Main Segment (Y)

Beverage Alcohol Business

Main Geography (Y)

EMEA

Tilray Brands Revenue by Period

Tilray Brands Revenue by Year

Date	Revenue	Change
2024-05-31	$788.94M	25.80%
2023-05-31	$627.12M	-0.20%
2022-05-31	$628.37M	22.47%
2021-05-31	$513.09M	31.23%
2020-05-31	$391.00M	123.11%
2019-05-31	$175.25M	512.12%
2018-05-31	$28.63M	88.71%
2017-05-31	$15.17M	134.62%
2016-05-31	$6.47M	1357.38%
2015-05-31	$443.70K	100.00%
2013-08-31	-	100.00%
2012-08-31	-	-

Tilray Brands generated $788.94M in revenue during NA 2024, up 25.80% compared to the previous quarter, and up 450.19% compared to the same period a year ago.

Tilray Brands Revenue by Quarter

Date	Revenue	Change
2025-02-28	$185.78M	-11.93%
2024-11-30	$210.95M	5.45%
2024-08-31	$200.04M	-12.98%
2024-05-31	$229.88M	22.06%
2024-02-29	$188.34M	-2.80%
2023-11-30	$193.77M	9.51%
2023-08-31	$176.95M	-3.93%
2023-05-31	$184.19M	26.51%
2023-02-28	$145.59M	1.01%
2022-11-30	$144.14M	-5.92%
2022-08-31	$153.21M	-0.07%
2022-05-31	$153.32M	0.96%
2022-02-28	$151.87M	-2.12%
2021-11-30	$155.15M	-7.66%
2021-08-31	$168.02M	18.13%
2021-05-31	$142.24M	17.97%
2020-12-31	$120.57M	-2.48%
2020-11-30	$123.64M	11.79%
2020-09-30	$110.60M	0.79%
2020-06-30	$109.73M	2.18%
2019-12-31	$107.39M	18.78%
2019-11-30	$90.41M	-4.18%
2019-09-30	$94.36M	1.81%
2019-06-30	$92.69M	65.60%
2018-12-31	$55.97M	242.97%
2018-11-30	$16.32M	59.45%
2018-09-30	$10.23M	11.91%
2018-06-30	$9.14M	13.79%
2018-02-28	$8.04M	21.62%
2017-11-30	$6.61M	36.29%
2017-08-31	$4.85M	20.86%
2017-05-31	$4.01M	3.38%
2017-02-28	$3.88M	-0.25%
2016-11-30	$3.89M	16.39%
2016-08-31	$3.34M	45.87%
2016-05-31	$2.29M	15.87%
2016-02-29	$1.98M	30.46%
2015-11-30	$1.52M	111.14%
2015-08-31	$717.98K	78.38%
2015-05-31	$402.51K	877.12%
2015-02-28	$41.19K	100.00%
2014-11-30	-	100.00%
2014-08-31	-	100.00%
2014-05-31	-	100.00%
2014-02-28	-	100.00%
2013-11-30	-	100.00%
2013-08-31	-	100.00%
2013-05-31	-	100.00%
2013-02-28	-	100.00%
2012-11-30	-	100.00%
2012-08-31	-	100.00%
2012-05-31	-	100.00%
2012-02-29	-	100.00%
2011-11-30	-	-

Tilray Brands generated $185.78M in revenue during Q3 2025, up -11.93% compared to the previous quarter, and up 95.88% compared to the same period a year ago.

Tilray Brands Revenue Breakdown

Tilray Brands Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 24	May 23	May 22	May 21	Dec 20
Beverage Alcohol Business	$213.61M	$100.68M	-	-	-
Wellness Business	$55.31M	-	-	-	-
Beverage Alcohol Excise Taxes	-	-	$-3.47M	$-1.06M	-
Cannabis Revenue	-	-	$300.89M	$264.33M	-
Wellness Revenue	-	-	$59.61M	$5.79M	-
Distribution Revenue	-	-	$259.75M	$277.30M	-
Cannabis Revenue Net	-	-	$237.52M	$201.39M	-
Cannabis Excise Taxes	-	-	$-63.37M	$-62.94M	-
Beverage Alcohol Revenue	-	-	$74.96M	$29.66M	-
Beverage Alcohol Revenue Net	-	-	$71.49M	$28.60M	-
Cannabis Extracts	-	-	-	-	$39.99M
Accessories And Other	-	-	-	-	$838.00K
Hemp	-	-	-	-	$76.88M
Hemp Products	-	-	-	-	$76.88M
Dried Cannabis	-	-	-	-	$92.78M

Tilray Brands's latest annual revenue breakdown by segment (product or service), as of May 24: Beverage Alcohol Business (79.43%), and Wellness Business (20.57%).

Quarterly Revenue by Product

Product/Service	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	Aug 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Wellness Business	$14.09M	$14.61M	$14.75M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution Business	$61.49M	$67.61M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Beverage Alcohol Business	$58.01M	$66.86M	$59.16M	$80.38M	$58.25M	$49.65M	$25.34M	$33.47M	$21.94M	$23.41M	$21.86M	-	-	-	-	-	-	-	-	-
Cannabis Excise Taxes	-	-	-	-	-	-	-	-	-	-	-	$-15.10M	$-14.13M	$-14.65M	$-19.48M	-	-	-	-	-
Beverage Alcohol Revenue	-	-	-	-	-	-	-	-	-	-	-	$23.46M	$20.47M	$14.54M	$16.48M	-	-	-	-	-
Cannabis Revenue Net	-	-	-	-	-	-	-	-	-	-	-	$53.25M	$55.05M	$58.77M	$70.45M	-	-	-	-	-
Cannabis Revenue	-	-	-	-	-	-	-	-	-	-	-	$68.35M	$69.18M	$73.43M	$89.93M	-	-	-	-	-
Distribution Revenue	-	-	-	-	-	-	-	-	-	-	-	$61.16M	$62.53M	$68.87M	$67.19M	-	-	-	-	-
Wellness Revenue	-	-	-	-	-	-	-	-	-	-	-	$16.18M	$14.70M	$13.80M	$14.93M	-	-	-	-	-
Beverage Alcohol Revenue Net	-	-	-	-	-	-	-	-	-	-	-	$22.73M	$19.60M	$13.71M	$15.46M	-	-	-	-	-
Beverage Alcohol Excise Taxes	-	-	-	-	-	-	-	-	-	-	-	$-732.00K	$-876.00K	$-837.00K	$-1.02M	-	-	-	-	-
Dried Cannabis	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.09M	$31.44M	$21.08M	$20.07M	$19.70M
Accessories And Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$30.00K	$50.00K	$108.00K	$145.00K	$535.00K
Cannabis Extracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.27M	$9.74M	$10.24M	$9.96M	$10.54M
Hemp Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$16.64M	$15.33M	$19.98M	$20.24M	$21.33M
Hemp	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$15.33M	$19.98M	$20.24M	$21.33M

Tilray Brands's latest quarterly revenue breakdown by segment (product or service), as of Feb 25: Distribution Business (46.03%), Beverage Alcohol Business (43.42%), and Wellness Business (10.55%).

Tilray Brands Revenue Breakdown by Country

Annual Revenue by Country

Country	May 24	May 22	May 21	Dec 20	Dec 19
CANADA	$243.72M	$120.58M	$130.29M	-	-
UNITED STATES	$233.14M	$53.78M	$23.52M	-	-
Rest of World	$15.63M	-	-	-	-
EMEA	$296.45M	-	-	-	-
Rest Of World	-	$17.33M	-	-	-
North America	-	$314.13M	$229.12M	-	-
E M E A	-	$296.91M	$279.06M	-	-
Latin America	-	-	$4.90M	-	-
Others Countries	-	-	-	$36.12M	$13.17M

Tilray Brands's latest annual revenue breakdown by geography, as of May 24: EMEA (37.58%), CANADA (30.89%), UNITED STATES (29.55%), and Rest of World (1.98%).

Quarterly Revenue by Country

Country	Feb 25	Nov 24	Aug 24	May 22	Feb 22	Nov 21	Aug 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Rest of World	$3.04M	$3.22M	$2.59M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$64.42M	$71.75M	$63.88M	$11.04M	$9.93M	$13.34M	$13.98M	$16.53M	$10.84M	$10.73M	$4.22M	-	-	-	-	-	-	-
CANADA	$45.93M	$56.72M	$55.91M	$27.20M	$33.77M	$29.48M	$27.84M	$29.49M	$33.59M	$30.33M	$17.00M	$14.45M	$9.10M	$9.40M	-	-	-	-
EMEA	$72.39M	$79.25M	$77.67M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
North America	-	-	-	$77.91M	$73.23M	$72.44M	$90.54M	-	-	-	-	-	-	-	-	-	-	-
Rest Of World	-	-	-	$4.10M	$3.97M	$7.79M	-	-	-	-	-	-	-	-	-	-	-	-
E M E A	-	-	-	$71.31M	$74.67M	$74.92M	$76.01M	-	-	-	-	-	-	-	-	-	-	-
Latin America	-	-	-	-	-	-	$1.47M	-	-	-	-	-	-	-	-	-	-	-
Others Countries	-	-	-	-	-	-	-	$9.78M	$12.86M	$8.59M	$8.59M	$6.08M	$6.68M	$4.84M	$1.81M	$1.08M	$949.00K	$345.00K

Tilray Brands's latest quarterly revenue breakdown by geography, as of Feb 25: EMEA (38.96%), UNITED STATES (34.68%), CANADA (24.72%), and Rest of World (1.64%).

Tilray Brands Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SNDL	SNDL	$909.01M	$197.75M
TLRY	Tilray Brands	$788.94M	$185.78M
CGC	Canopy Growth	$297.15M	$86.24M
ACB	Aurora Cannabis	$233.29M	$64.42M
CRON	Cronos Group	$161.82M	$38.68M
OGI	OrganiGram	$149.21M	$37.63M

TLRY Revenue FAQ

What is Tilray Brands’s yearly revenue?

Tilray Brands's yearly revenue for 2024 was $788.94M, representing an increase of 25.80% compared to 2023. The company's yearly revenue for 2023 was $627.12M, representing a decrease of -0.20% compared to 2022. TLRY's yearly revenue for 2022 was $628.37M, representing an increase of 22.47% compared to 2021.

What is Tilray Brands’s quarterly revenue?

Tilray Brands's quarterly revenue for Q3 2025 was $185.78M, a -11.93% decrease from the previous quarter (Q2 2025), and a -1.36% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $210.95M, a 5.45% increase from the previous quarter (Q1 2025), and a 8.87% increase year-over-year (Q2 2024). TLRY's quarterly revenue for Q1 2025 was $200.04M, a -12.98% decrease from the previous quarter (Q4 2024), and a 13.05% increase year-over-year (Q1 2024).

What is Tilray Brands’s revenue growth rate?

Tilray Brands's revenue growth rate for the last 3 years (2022-2024) was 25.55%, and for the last 5 years (2020-2024) was 101.78%.

What are Tilray Brands’s revenue streams?

Tilray Brands's revenue streams in y 24 are Beverage Alcohol Business, and Wellness Business. Beverage Alcohol Business generated $213.61M in revenue, accounting 79.43% of the company's total revenue, up 112.17% year-over-year. Wellness Business generated $55.31M in revenue, accounting 20.57% of the company's total revenue

What is Tilray Brands’s main source of revenue?

For the fiscal year ending May 24, the largest source of revenue of Tilray Brands was Beverage Alcohol Business. This segment made a revenue of $213.61M, representing 79.43% of the company's total revenue.