Man who knifed mate guilty of manslaughter

A Sydney man who fatally stabbed a friend after they took a cocktail of drugs has been found not guilty of murder but guilty of manslaughter.

Henry Walcott, 30, had pleaded not guilty - on the grounds of self-defence - to murdering Cameron Bradley, 34, in November 2016 at an Airbnb in the Blue Mountains where they were staying for a few days.

Defence barrister Brendan Green had told the jury there was no dispute that in the lead-up to the death both men ingested illicit drugs - and Mr Bradley subsequently died from a single stab wound inflicted by his client.

But Walcott insisted he didn't intend to kill Mr Bradley but was simply trying to subdue him during a struggle.

After the verdicts were delivered on Monday morning, the judge refused Walcott bail and scheduled a sentence hearing for late April.