Tilray Brands

Q4 FY2026 EarningsFY26 Q4 results significantly beat consensus on the top-line, with revenue of $281.7M vs. $246.3M expected (+14.38%), driven by a transformative surge in the beverage segment following the BrewDog acquisition. While GAAP EPS missed expectations at -$0.43 due to non-cash charges and restructuring, the core business showed strength with gross margin reaching 32.1% (vs. 31.25% expected). FY27 Adjusted EBITDA guidance of $68M-$75M reflects continued momentum but implies a cautious stance relative to the aggressive revenue growth trajectory.