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Nov 30, 2024
Tilray Q2 2025 Earnings Report
Tilray reported strong Q2 2025 financial results with gross profit increasing by 29% year-over-year and net revenue reaching a record $211 million.
Key Takeaways
Tilray Brands reported strong Q2 2025 financial results, with a 29% increase in gross profit year-over-year, reaching $61 million. The company achieved a record Q2 net revenue of $211 million, a 9% increase year-over-year (10% in constant currency).
Gross Profit Increased by 29% Year-Over-Year, Reaching $61 Million in Q2 with Growth Across All Four Business Segments
Achieved 9% Year-Over-Year Growth, Generating Record Q2 Net Revenue of $211 Million, 10% in Constant Currency
Beverage Revenue Increase by 36%
Announces Project 420: A $25 Million Synergy Plan for Tilray Beverage Business
Tilray
Tilray
Forward Guidance
The Company reaffirms its fiscal year 2025 guidance of anticipated net revenues between $950 million and $1 billion.