Growth Metrics

High Tide (HITI) Cost of Revenue (2020 - 2026)

High Tide has reported Cost of Revenue over the past 7 years, most recently at $96.0 million for Q1 2026.

  • Quarterly Cost of Revenue rose 27.34% to $96.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $334.6 million through Jan 2026, up 16.86% year-over-year, with the annual reading at $316.9 million for FY2025, 13.94% up from the prior year.
  • Cost of Revenue was $96.0 million for Q1 2026 at High Tide, up from $87.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $96.0 million in Q1 2026 and troughed at $38.9 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $68.1 million (2024), against an average of $67.8 million.
  • Year-over-year, Cost of Revenue soared 124.15% in 2022 and then grew 2.55% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $59.3 million in 2022, then grew by 17.1% to $69.4 million in 2023, then rose by 8.18% to $75.1 million in 2024, then increased by 15.82% to $87.0 million in 2025, then increased by 10.39% to $96.0 million in 2026.
  • Per Business Quant, the three most recent readings for HITI's Cost of Revenue are $96.0 million (Q1 2026), $87.0 million (Q4 2025), and $79.8 million (Q3 2025).