Invesaro

Stocks Comparison

Ayr Wellness vs Tilray Brands: revenue, profit, margins and growth compared

Ayr Wellness brought in $463.6M of revenue in fiscal 2024, Tilray Brands $915.5M in fiscal 2026. Revenue changed by +0.0% at Ayr Wellness and +11.5% at Tilray Brands on the year before, so Tilray Brands grew faster. Ayr Wellness kept -77.5% of its revenue as net profit, Tilray Brands -13.3%.

Side by side, latest fiscal year

AYRWFTLRY
Fiscal year endedFY2024 (December 31, 2024)FY2026 (May 31, 2026)
Revenue$463.6M$915.5M
Revenue growth+0.0%+11.5%
Net income-$359.3M-$121.4M
Net margin-77.5%-13.3%
Free cash flow-$8.1Mn/a
Free cash flow margin-1.7%n/a
Earnings per share (diluted)-$3.24-$1.09
Cash$35.5M$226M
Debt$410.5Mn/a
Price to earningsn/an/a
Market valuen/a$468.4M
Dividend yieldn/an/a
Rank by revenue in sector#209 of 742 · Health care#159 of 742 · Health care

Over the years

Revenue
AYRWF FY2020: $75.2MAYRWF FY2020: $155.1MAYRWF FY2021: $357.6MAYRWF FY2022: $465.6MAYRWF FY2023: $463.6MAYRWF FY2024: $463.6MTLRY FY2021: $405.3MTLRY FY2020: $210.5MTLRY FY2021: $513.1MTLRY FY2022: $628.4MTLRY FY2023: $627.1MTLRY FY2024: $788.9MTLRY FY2025: $821.3MTLRY FY2026: $915.5MFY20FY21FY22FY23FY24FY25FY26
AYRWF $463.6MTLRY $915.5M
Net income
AYRWF FY2020: -$164.2MAYRWF FY2020: -$24.6MAYRWF FY2021: -$17MAYRWF FY2022: -$245.5MAYRWF FY2023: -$272.4MAYRWF FY2024: -$359.3MTLRY FY2021: -$102.5MTLRY FY2020: -$271.1MTLRY FY2021: -$367.4MTLRY FY2022: -$476.8MTLRY FY2023: -$1.5BTLRY FY2024: -$245MTLRY FY2025: -$2.2BTLRY FY2026: -$121.4MFY20FY21FY22FY23FY24FY25FY26
AYRWF -$359.3MTLRY -$121.4M
Net margin
AYRWF FY2020: -218.3%AYRWF FY2020: -15.9%AYRWF FY2021: -4.7%AYRWF FY2022: -52.7%AYRWF FY2023: -58.8%AYRWF FY2024: -77.5%TLRY FY2021: -25.3%TLRY FY2020: -128.8%TLRY FY2021: -71.6%TLRY FY2022: -75.9%TLRY FY2023: -231.6%TLRY FY2024: -31.1%TLRY FY2025: -266.3%TLRY FY2026: -13.3%FY20FY21FY22FY23FY24FY25FY26
AYRWF -77.5%TLRY -13.3%
Revenue growth
AYRWF FY2020: +106.3%AYRWF FY2021: +130.5%AYRWF FY2022: +30.2%AYRWF FY2023: -0.4%AYRWF FY2024: +0.0%TLRY FY2020: -48.1%TLRY FY2021: +143.8%TLRY FY2022: +22.5%TLRY FY2023: -0.2%TLRY FY2024: +25.8%TLRY FY2025: +4.1%TLRY FY2026: +11.5%FY20FY21FY22FY23FY24FY25FY26
AYRWF +0.0%TLRY +11.5%
Free cash flow
AYRWF FY2022: -$93MAYRWF FY2023: -$532KAYRWF FY2024: -$8.1MTLRY FY2021: -$199.4MTLRY FY2020: -$174MTLRY FY2021: -$83.6MTLRY FY2022: -$211.3MTLRY FY2023: -$12.9MTLRY FY2024: -$60.2MTLRY FY2025: -$127.5MFY20FY21FY22FY23FY24FY25
AYRWF -$8.1MTLRY -$127.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Ayr Wellness and Tilray Brands

Which is bigger by revenue, Ayr Wellness or Tilray Brands?

Tilray Brands is bigger by revenue: $915.5M in fiscal 2026, against $463.6M for Ayr Wellness in fiscal 2024.

Which keeps more of its revenue as profit, Ayr Wellness or Tilray Brands?

Ayr Wellness had a net margin of -77.5% in fiscal 2024; Tilray Brands had -13.3% in fiscal 2026.

Which grew revenue faster, Ayr Wellness or Tilray Brands?

In their latest fiscal years revenue changed by +0.0% at Ayr Wellness and +11.5% at Tilray Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies