1. Revenue Growth: Q2 2025 revenue increased by 8.87% YoY and 5.45% QoQ, totaling $210.95 million. This uptick suggests a gradual recovery in consumer demand across Tilray's diversified product offerings.
2. Gross Profit: Gross profit increased by 29.13% YoY to $61.22 million, with a gross margin of 29.0%. This reflects improved operational efficiency despite ongoing pressures in certain segments.
3. Net Income: Net income showed a decline of 74% YoY, indicating sustained losses primarily driven by operational costs, which outpaced revenue gains, resulting in a net income of -$85.27 million.
4. Cash Position: Tilray ended the quarter with $189.7 million in cash, a decrease from previous periods, primarily due to negative operational cash flow of -$40.72 million, raising concerns about liquidity in the near term.
5. Operating Expenses: Total operating expenses reached $103.44 million, illustrating ongoing challenges in controlling costs amid rising spending on marketing and general administration.