Tilray’s Financial Turnaround: From Deep Losses to First Quarterly Profit

Tilray Brands, Inc. has achieved a significant financial milestone, reporting its first quarterly net profit after years of sustained losses. For the first quarter of fiscal year 2026, the diversified cannabis and beverage company posted net earnings of $1.5 million—a dramatic improvement from the $34.7 million loss recorded during the same period last year. This breakthrough raises a crucial question for investors: does this mark a sustainable recovery or merely represent a temporary bright spot?

The transformation extends beyond mere profitability, with Tilray demonstrating remarkable operational discipline. The most striking improvement appears in operating expenses, which were slashed from $96.3 million to $55.4 million. This aggressive cost reduction strategy yielded the company’s first-ever positive Read more...