Quick Answer
Tilray Brands, Inc. reported R&D Expense of $284.0 thousand for fiscal year 2025.
Tilray Brands, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $284.0K | -55.3% |
| 2024 | $635.0K | -6.9% |
| 2023 | $682.0K | -55.1% |
| 2022 | $1.52M | +82.9% |
| 2021 | $830.0K | -81.2% |
| 2020 | $4.41M | +130.2% |
| 2020 | $1.92M | -79.1% |
| 2019 | $9.17M | +771.9% |
| 2019 | $1.05M | -82.1% |
| 2018 | $5.86M | +84.9% |
| 2017 | $3.17M | +179.1% |
| 2016 | $1.14M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| November 30, 2025 | $78.0K | +30.0% | +90.2% |
| August 31, 2025 | $41.0K | -61.0% | -51.8% |
| February 28, 2025 | $85.0K | -19.8% | +41.7% |
| November 30, 2024 | $60.0K | +7.1% | -42.9% |
| August 31, 2024 | $105.0K | +32.9% | -0.9% |
| February 29, 2024 | $106.0K | -38.0% | +89.3% |
| November 30, 2023 | $56.0K | -66.1% | -29.1% |
| August 31, 2023 | $79.0K | -52.4% | -53.8% |
- Tilray Brands, Inc. showed a decrease of -55.3% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Tilray Brands, Inc.’s r&d expense has declined by 75.0% (from $1.14 million to $284.0 thousand).
- The most recent figure is from Tilray Brands, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on July 29, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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