High Tide Inc. (HITI)

NASDAQ: HITI · Real-Time Price · USD

2.400

+0.070 (3.00%)

At close: Aug 18, 2026, 4:00 PM EDT

2.400

0.00 (0.00%)

After-hours: Aug 18, 2026, 4:10 PM EDT

High Tide Financials Overview

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	671.35	593.99	522.31	487.67	356.85	181.12
Revenue Growth	22.01%	13.72%	7.10%	36.66%	97.02%	117.53%
Gross Profit	175.42	153.53	142.5	131.31	100.95	63.98
Operating Income	23.74	15.44	15.32	-2.66	-20.11	-13.85
Net Income	-44.03	-50.75	-4.34	-39.31	-71.76	-34.36
Earnings Per Share	-0.52	-0.62	-0.05	-0.53	-1.14	-0.81
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023
Medical Cannabis Distribution	-	9.81	-	-
Bricks and Mortar	586.06	565.32	484.44	431.69
E-commerce	-	18.86	37.86	55.98
Total	671.35	593.99	522.31	487.67

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Investments	27.48	47.95	47.98	30.26	25.28	14.87
Total Debt	109.35	109.84	74.61	72.53	69.88	57.12
Net Cash (Debt)	-81.86	-61.89	-26.63	-42.27	-44.61	-42.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.96	-0.75	-0.33	-0.57	-0.71	-1.00

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Operating Cash Flow	25.22	23.87	35.55	20.66	4.5	-2.83
Capital Expenditures	-8.55	-10.08	-8.22	-5.79	-7.76	-10.56
Free Cash Flow	16.68	13.78	27.33	14.88	-3.26	-13.39
Free Cash Flow Growth	6.95%	-49.57%	83.72%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Gross Margin	26.13%	25.85%	27.28%	26.93%	28.29%	35.33%
Operating Margin	3.54%	2.60%	2.93%	-0.55%	-5.64%	-7.65%
Pretax Margin	-6.85%	-8.66%	-0.84%	-9.96%	-20.67%	-19.75%
Profit Margin	-6.56%	-8.54%	-0.83%	-8.06%	-20.11%	-18.97%
FCF Margin	2.48%	2.32%	5.23%	3.05%	-0.92%	-7.39%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 18, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
P/FCF Ratio	17.04	27.68	11.54	10.07	-	-
PS Ratio	0.41	0.64	0.60	0.31	0.39	2.02