Invesaro

Stocks Comparison

Cresco Labs vs Tilray Brands: revenue, profit, margins and growth compared

Cresco Labs brought in $655.8M of revenue in fiscal 2025, Tilray Brands $915.5M in fiscal 2026. Revenue changed by -9.5% at Cresco Labs and +11.5% at Tilray Brands on the year before, so Tilray Brands grew faster. Cresco Labs kept -20.6% of its revenue as net profit, Tilray Brands -13.3%.

Side by side, latest fiscal year

CRLBFTLRY
Fiscal year endedFY2025 (December 31, 2025)FY2026 (May 31, 2026)
Revenue$655.8M$915.5M
Revenue growth-9.5%+11.5%
Net income-$135.4M-$121.4M
Net margin-20.6%-13.3%
Free cash flow$37.8Mn/a
Free cash flow margin5.8%n/a
Earnings per share (diluted)-$0.38-$1.09
Cash$57.9M$226M
Debt$420.4Mn/a
Price to earningsn/an/a
Market valuen/a$468.4M
Dividend yieldn/an/a
Rank by revenue in sector#185 of 742 · Health care#159 of 742 · Health care

Over the years

Revenue
CRLBF FY2020: $128.5MCRLBF FY2020: $476.3MCRLBF FY2021: $821.7MCRLBF FY2022: $842.7MCRLBF FY2023: $770.9MCRLBF FY2024: $724.3MCRLBF FY2025: $655.8MTLRY FY2021: $405.3MTLRY FY2020: $210.5MTLRY FY2021: $513.1MTLRY FY2022: $628.4MTLRY FY2023: $627.1MTLRY FY2024: $788.9MTLRY FY2025: $821.3MTLRY FY2026: $915.5MFY20FY21FY22FY23FY24FY25FY26
CRLBF $655.8MTLRY $915.5M
Net income
CRLBF FY2020: -$43.2MCRLBF FY2020: -$102.2MCRLBF FY2021: -$319.6MCRLBF FY2022: -$212MCRLBF FY2023: -$175.5MCRLBF FY2024: -$74.4MCRLBF FY2025: -$135.4MTLRY FY2021: -$102.5MTLRY FY2020: -$271.1MTLRY FY2021: -$367.4MTLRY FY2022: -$476.8MTLRY FY2023: -$1.5BTLRY FY2024: -$245MTLRY FY2025: -$2.2BTLRY FY2026: -$121.4MFY20FY21FY22FY23FY24FY25FY26
CRLBF -$135.4MTLRY -$121.4M
Net margin
CRLBF FY2020: -33.6%CRLBF FY2020: -21.5%CRLBF FY2021: -38.9%CRLBF FY2022: -25.2%CRLBF FY2023: -22.8%CRLBF FY2024: -10.3%CRLBF FY2025: -20.6%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
CRLBF -20.6%TLRY -13.3%
Revenue growth
CRLBF FY2020: +270.5%CRLBF FY2021: +72.5%CRLBF FY2022: +2.6%CRLBF FY2023: -8.5%CRLBF FY2024: -6.0%CRLBF FY2025: -9.5%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
CRLBF -9.5%TLRY +11.5%
Free cash flow
CRLBF FY2020: -$116.9MCRLBF FY2020: -$95MCRLBF FY2021: -$79.4MCRLBF FY2022: -$64.3MCRLBF FY2023: $3.2MCRLBF FY2024: $113MCRLBF FY2025: $37.8MTLRY FY2021: -$199.4MTLRY FY2020: -$174MTLRY FY2021: -$83.6MTLRY FY2022: -$211.3MTLRY FY2023: -$12.9MTLRY FY2024: -$60.2MTLRY FY2025: -$127.5MFY20FY21FY22FY23FY24FY25
CRLBF $37.8MTLRY -$127.5M

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

Questions about Cresco Labs and Tilray Brands

Which is bigger by revenue, Cresco Labs or Tilray Brands?

Tilray Brands is bigger by revenue: $915.5M in fiscal 2026, against $655.8M for Cresco Labs in fiscal 2025.

Which keeps more of its revenue as profit, Cresco Labs or Tilray Brands?

Cresco Labs had a net margin of -20.6% in fiscal 2025; Tilray Brands had -13.3% in fiscal 2026.

Which grew revenue faster, Cresco Labs or Tilray Brands?

In their latest fiscal years revenue changed by -9.5% at Cresco Labs 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