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Did Tilray Beat Earnings?
Tilray (TLRY) reported Q2 '25 revenue of $308M, down 1.6% year-over-year, with reported EPS of $0.02. That topped the $-0.02 analyst estimate by 200.0% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Tilray’s job postings, web traffic, and employee business outlook. See the full TLRY stock analysis or the earnings calendar for upcoming reports.
Tilray Quarterly Financial Trends
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 313M | 270M | 295M | 268M | 308M | 288M | 304M | 282M |
| Gross margin | 35.8% | 29.8% | 29.0% | 28.0% | 30.1% | 27.4% | 26.4% | 26.6% |
| Operating margin | -7.2% | -18.3% | -20.0% | -409.0% | -643.1% | 1.0% | -10.2% | -9.6% |
| Net income | -43M | -53M | -119M | -1.14B | -1.75B | -440,000 | -63M | -36M |
| Net margin | -13.8% | -19.6% | -40.5% | -424.9% | -566.9% | -0.2% | -20.7% | -12.9% |
| EPS | — | — | — | — | $0.02 | — | — | — |
Tilray Earnings Trend Analysis
Over the eight quarters from Q2 '24 to Q1 '26, Tilray’s quarterly revenue moved from $313M to $282M. Net margin expanded from -13.8% to -12.9%, against a 26.6% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Tilray has beaten Wall Street EPS estimates in 1 of its last 1 reported quarters.
When Is Tilray’s Next Earnings Date?
Tilray reports earnings on a quarterly schedule. Its most recent report covered Q2 '25. For the confirmed upcoming date — and every other company reporting soon — see the TLRY earnings calendar.
Frequently Asked Questions: Tilray Earnings
Tilray's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Tilray reported Q2 '25 EPS of $0.02 on revenue of $308M (-1.6% YoY). Tilray beat estimates, reporting $0.02 vs. the $-0.02 estimate.
Tilray reported Q2 '25 revenue of $308M, down 1.6% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the TLRY AI Score.
