📊 TLRY Key Takeaways
Is Tilray Brands, Inc. (TLRY) a Good Investment?
Tilray is fundamentally unprofitable with negative operating and free cash flows, indicating the core business is not generating value. Despite a strong balance sheet providing near-term cushion, the company's inability to reach profitability combined with modest 4.1% revenue growth and significant annual cash burn of $64.7M presents substantial downside risk without demonstrable operational turnaround.
Why Buy Tilray Brands, Inc. Stock? TLRY Key Strengths
- Strong liquidity position with current ratio of 2.79x and $204.6M cash
- Conservative leverage with 0.08x debt-to-equity providing financial flexibility
- Positive revenue growth of 4.1% YoY in declining market segment
- Gross margin of 26.8% indicates reasonable product-level economics
TLRY Stock Risks: Tilray Brands, Inc. Investment Risks
- Sustained operating losses with -$31.8M operating cash flow unsustainable long-term
- Negative free cash flow of -$64.7M annually with no clear path to profitability
- Net losses of -$71.8M and negative ROE/ROA indicate value destruction
- At current burn rate, cash runway limited to 3+ years without profitability improvements
- Negative interest coverage ratio of -1.1x indicates inability to service debt from operations
Key Metrics to Watch
- Operating cash flow trend - must turn positive
- Free cash flow burn rate and cash runway remaining
- Path to operating profitability and positive net income
- Gross margin sustainability and cost structure reduction
Tilray Brands, Inc. (TLRY) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.79x current ratio provides a solid financial cushion.
TLRY Profit Margin, ROE & Profitability Analysis
TLRY vs Materials Sector: How Tilray Brands, Inc. Compares
How Tilray Brands, Inc. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Tilray Brands, Inc. Stock Overvalued? TLRY Valuation Analysis 2026
Based on fundamental analysis, Tilray Brands, Inc. has mixed fundamental signals relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Tilray Brands, Inc. Balance Sheet: TLRY Debt, Cash & Liquidity
TLRY Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Tilray Brands, Inc.'s revenue has grown significantly by 60% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.35 indicates the company is currently unprofitable.
TLRY Revenue Growth, EPS Growth & YoY Performance
TLRY Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $185.8M | -$26.6M | $-0.24 |
| Q2 2026 | $211.0M | -$44.9M | $-0.41 |
| Q1 2026 | $200.0M | -$322.0K | $0.00 |
| Q3 2025 | $185.8M | -$92.7M | $-0.12 |
| Q2 2025 | $193.8M | -$49.0M | $-0.07 |
| Q1 2025 | $176.9M | -$39.2M | $-0.04 |
| Q1 2024 | $153.2M | -$71.5M | $-0.10 |
| Q3 2023 | $145.6M | -$92.7M | $-0.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Tilray Brands, Inc. Dividends, Buybacks & Capital Allocation
TLRY SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Tilray Brands, Inc. (CIK: 0001731348)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TLRY
What is the AI rating for TLRY?
Tilray Brands, Inc. (TLRY) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TLRY's key strengths?
Claude: Strong liquidity position with current ratio of 2.79x and $204.6M cash. Conservative leverage with 0.08x debt-to-equity providing financial flexibility.
What are the risks of investing in TLRY?
Claude: Sustained operating losses with -$31.8M operating cash flow unsustainable long-term. Negative free cash flow of -$64.7M annually with no clear path to profitability.
What is TLRY's revenue and growth?
Tilray Brands, Inc. reported revenue of $633.7M.
Does TLRY pay dividends?
Tilray Brands, Inc. does not currently pay dividends.
Where can I find TLRY SEC filings?
Official SEC filings for Tilray Brands, Inc. (CIK: 0001731348) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TLRY's EPS?
Tilray Brands, Inc. has a diluted EPS of $-0.65.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is TLRY a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Tilray Brands, Inc. has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is TLRY stock overvalued or undervalued?
Valuation metrics for TLRY: ROE of -4.6% (sector avg: 14%), net margin of -11.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy TLRY stock in 2026?
Our dual AI analysis gives Tilray Brands, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TLRY's free cash flow?
Tilray Brands, Inc.'s operating cash flow is $-31.8M, with capital expenditures of $32.9M. FCF margin is -10.2%.
How does TLRY compare to other Materials stocks?
Vs Materials sector averages: Net margin -11.3% (avg: 10%), ROE -4.6% (avg: 14%), current ratio 2.79 (avg: 1.6).