Tilray Brands (TLRY) Hits All-Time High on Stellar Q1 Earnings

We recently published 10 Big Names With Whopping Gains; 6 Jump All-Time Highs. Tilray Brands Inc. (NASDAQ:TLRY) is one of the best performers on Thursday.

Tilray Brands soared to a new all-time high on Thursday after posting a stellar earnings performance in the first quarter of the fiscal year 2026.

During the session, Tilray Brands Inc. (NASDAQ:TLRY) jumped to its highest price of $2.32 before paring gains to end the day just up by 22.09 percent at $2.1 apiece.

In an updated report, Tilray Brands Inc. (NASDAQ:TLRY) swung to a net income of $1.5 million in the first quarter ending August 2025, reversing a net loss of $34.6 million in the same period last year. Total net revenues grew by 4.5 percent to $209 million from $200 million year-on-year.

All business segments registered revenue growth, except for beverage, which ended flat at $56 million.

The distribution business, on the other hand, increased by 9 percent to $74 million, followed by the cannabis unit with 5 percent at $64.5 million, and the wellness business, up 2.7 percent to $15.2 million.

“Tilray’s first quarter results underscore the effectiveness of our strategic vision and disciplined execution. Achieving a record [first quarter] net revenue of $210 million, delivering net income, and fortifying our balance sheet are not just milestones. They are proof points of our commitment to building sustainable growth, operational excellence, and unlocking value for our shareholders,” said Tilray Brands Inc. (NASDAQ:TLRY) Chairman and CEO Irwin Simon.

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Disclosure: None. This article is originally published at Insider Monkey.