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Tilray misses revenue estimates as core cannabis sales drop 13%, losses widen in fiscal Q1.

Company Fundamentals
12 Oct 2026
Seeking Alpha
View Source
Bearish
Tilray misses revenue estimates as core cannabis sales drop 13%, losses widen in fiscal Q1.

Tilray reported disappointing fiscal first-quarter results, missing revenue estimates despite management highlighting record sales. The company's revenue growth was driven solely by its BrewDog acquisition, while core cannabis sales declined by 13%. Additionally, Tilray's adjusted bottom line swung to a loss, with cash burn increasing to $23.4 million. The company also faced severe share dilution, with shares outstanding rising over 31% year-over-year, signaling ongoing financial challenges.

Tilray (TLRY) shares are priced at USD 3.38 on Pluang as of Oct 13, 2026 03:51 WIB, showing a 4.52% decline in one day. The company's market capitalization stands at $523.17 million, reflecting investor caution. Despite the negative earnings report, Pluang investors predominantly hold the stock, with 99% of order activity on the buy side and a typical hold time of 31 days.

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