Tilray Brands Inc (2HQ.DE)

Name: Tilray Brands Inc Financial Statements
Creator: Quarter Results

Healthcare | Drug Manufacturers Specialty Generic

Latest reporting period: 2025-11-30

Latest Quarter

2025-11-30

Revenue

$304M

Net Income

-$62.8M

Operating Margin

-10.2%

Free Cash Flow

-$175M

Debt / Assets

29.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Tilray Brands Inc (2HQ.DE).
Income Statement (Quarterly)	2025-11-30	2025-08-31	2025-05-31	2025-02-28
Revenue	303,852,928	287,778,953	308,104,681	268,340,631
Cost of Revenue	223,530,769	208,837,236	215,299,355	193,215,943
Gross Profit	80,322,159	78,941,717	92,805,326	75,124,688
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	102,078,725	88,423,954	81,724,892	86,874,882
Operating Expenses	111,445,476	76,068,062	2,074,228,475	1,172,769,024
Operating Income	-31,123,317	2,873,654	-1,981,423,149	-1,097,644,336
Interest Expense	7,507,370	9,197,893	5,442,105	12,101,183
Income Before Tax	-55,827,511	-1,060,450	-1,911,511,441	-1,144,442,896
Income Tax Expense	4,953,691	-3,138,767	-171,718,600	1,737,613
Net Income	-62,767,708	-442,312	-1,746,516,571	-1,140,261,358
Per Share
EPS	-0.41	0.00	-17.80	-12.60
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Tilray Brands Inc (2HQ.DE).
Income Statement (Annual)	2025-05-31	2024-05-31	2023-05-31	2022-05-31	2020-12-31
Revenue	1,126,991,996	1,074,988,700	627,124,000	628,372,000	210,482,000
Cost of Revenue	796,884,248	770,657,328	480,164,000	511,555,000	185,827,000
Gross Profit	330,107,748	304,331,372	146,960,000	116,817,000	24,655,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	356,059,977	341,626,275	230,936,000	228,661,000	138,289,000
Operating Expenses	3,462,412,722	542,433,666	325,107,000	345,370,000	156,831,000
Operating Income	-3,132,304,973	-238,102,294	-1,369,685,000	153,295,000	-132,176,000
Interest Expense	56,713,984	67,125,648	13,587,000	39,680,000	39,219,000
Income Before Tax	-3,159,293,206	-339,307,181	-1,450,181,000	-440,674,000	-276,675,000
Income Tax Expense	-166,058,317	-36,266,163	-7,181,000	-6,542,000	-5,602,000
Net Income	-3,000,620,016	-333,803,761	-1,443,000,000	-434,132,000	-271,073,000
Per Share
EPS	-33.80	-4.50	-2.34	-0.90	-2.15
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Tilray Brands Inc (2HQ.DE).
Balance Sheet (Quarterly)	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Assets
Cash and Cash Equivalents	304,167,868	311,129,233	206,632,000	415,909,000
Short Term Investments	47,610,876	43,850,227	241,897,000	0
Net Receivables	166,705,990	138,566,556	86,227,000	95,279,000
Inventory	371,701,571	343,486,183	200,551,000	245,529,000
Total Current Assets	944,925,710	923,427,314	773,029,000	803,503,000
Property Plant Equipment	810,569,099	782,589,354	435,608,000	600,495,000
Goodwill and Intangibles	1,061,763,572	3,984,635,666	2,982,628,000	3,919,180,000
Total Assets	2,904,466,546	5,907,142,908	4,307,259,000	5,449,694,000
Liabilities
Account Payables	147,301,852	143,603,977	70,819,000	68,604,000
Short Term Debt	39,641,196	53,085,727	224,262,000	92,649,000
Total Current Liabilities	384,628,973	407,640,066	432,979,000	280,342,000
Long Term Debt	411,445,681	474,660,796	365,869,000	531,157,000
Total Liabilities	860,486,627	1,215,571,860	977,316,000	1,008,328,000
Shareholders Equity
Retained Earnings	-6,651,315,044	-3,625,101,134	-2,415,507,000	-962,851,000
Total Shareholders Equity	2,074,029,508	4,691,200,428	3,315,692,000	4,398,805,000

Balance sheet annual history for Tilray Brands Inc (2HQ.DE).
Balance Sheet (Annual)	2025-05-31	2024-05-31	2023-05-31	2022-05-31	2020-12-31
Assets
Cash and Cash Equivalents	304,167,868	311,129,233	206,632,000	415,909,000	189,702,000
Short Term Investments	47,610,876	43,850,227	241,897,000	0	0
Net Receivables	166,705,990	138,566,556	86,227,000	95,279,000	41,155,000
Inventory	371,701,571	343,486,183	200,551,000	245,529,000	93,645,000
Total Current Assets	944,925,710	923,427,314	773,029,000	803,503,000	347,020,000
Property Plant Equipment	810,569,099	782,589,354	435,608,000	600,495,000	217,544,000
Goodwill and Intangibles	1,061,763,572	3,984,635,666	2,982,628,000	3,919,180,000	353,360,000
Total Assets	2,904,466,546	5,907,142,908	4,307,259,000	5,449,694,000	945,949,000
Liabilities
Account Payables	147,301,852	143,603,977	70,819,000	68,604,000	17,776,000
Short Term Debt	39,641,196	53,085,727	224,262,000	92,649,000	2,913,000
Total Current Liabilities	384,628,973	407,640,066	432,979,000	280,342,000	181,282,000
Long Term Debt	411,445,681	474,660,796	365,869,000	531,157,000	306,259,000
Total Liabilities	860,486,627	1,215,571,860	977,316,000	1,008,328,000	572,050,000
Shareholders Equity
Retained Earnings	-6,651,315,044	-3,625,101,134	-2,415,507,000	-962,851,000	-730,103,000
Total Shareholders Equity	2,074,029,508	4,691,200,428	3,315,692,000	4,398,805,000	373,899,000

Cash flow quarterly history for Tilray Brands Inc (2HQ.DE).
Cash Flow Statement (Quarterly)	2025-05-31	2024-05-31	2023-05-31	2022-05-31
Operating Activities
Net Income	-3,000,620,016	-222,404,000	-1,443,000,000	-434,132,000
Depreciation & Amortization	183,173,643	126,913,000	130,149,000	154,592,000
Stock Based Compensation	0	0	39,595,000	35,994,000
Change in Working Capital	-85,849,695	-8,872,000	14,400,000	-91,771,000
Operating Cash Flow	-129,807,801	-30,905,000	7,906,000	-177,262,000
Investing Activities
Capital Expenditure	-45,168,376	-29,249,000	-20,800,000	-34,064,000
Investments	-45,168,378	-29,249,000	-20,800,000	-34,064,000
Investing Cash Flow	-64,105,972	128,349,000	-285,111,000	-21,533,000
Financing Activities
Debt Repayment	-31,886,951	-80,906,000	-58,246,000	-132,952,000
Common Stock Issued/Repurchased	221,180,561	8,619,000	0	262,509,000
Dividends Paid	0	0	0	0
Financing Cash Flow	183,195,598	-75,187,000	70,158,000	128,196,000
Summary
Free Cash Flow	-174,976,180	-60,154,000	-12,894,000	-211,326,000
Net Change in Cash	-9,157,996	21,708,000	-209,277,000	-72,557,000

Cash flow annual history for Tilray Brands Inc (2HQ.DE).
Cash Flow Statement (Annual)	2025-05-31	2024-05-31	2023-05-31	2022-05-31	2020-12-31
Operating Activities
Net Income	-3,000,620,016	-222,404,000	-1,443,000,000	-434,132,000	-271,073,000
Depreciation & Amortization	183,173,643	126,913,000	130,149,000	154,592,000	18,654,000
Stock Based Compensation	0	0	39,595,000	35,994,000	29,716,000
Change in Working Capital	-85,849,695	-8,872,000	14,400,000	-91,771,000	-59,935,000
Operating Cash Flow	-129,807,801	-30,905,000	7,906,000	-177,262,000	-129,351,000
Investing Activities
Capital Expenditure	-45,168,376	-29,249,000	-20,800,000	-34,064,000	-44,644,000
Investments	-45,168,378	-29,249,000	-20,800,000	-34,064,000	-44,644,000
Investing Cash Flow	-64,105,972	128,349,000	-285,111,000	-21,533,000	0
Financing Activities
Debt Repayment	-31,886,951	-80,906,000	-58,246,000	-132,952,000	-1,605,000
Common Stock Issued/Repurchased	221,180,561	8,619,000	0	262,509,000	209,965,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	183,195,598	-75,187,000	70,158,000	128,196,000	264,847,000
Summary
Free Cash Flow	-174,976,180	-60,154,000	-12,894,000	-211,326,000	-173,995,000
Net Change in Cash	-9,157,996	21,708,000	-209,277,000	-72,557,000	92,911,000