High Tide HITI
NASDAQ HITI
$2.45 +0.00 (+0.00%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

High Tide (HITI) posted quarterly Cost of Revenue of $94.9 million for Q2 2026, up 31.99% year-over-year from $71.9 million in Q2 2025, and down 1.13% quarter-over-quarter from $96.0 million in Q1 2026.

High Tide (HITI) Cost of Revenue (2020 - 2026) Analysis & Trends

High Tide (HITI) has reported Cost of Revenue for 7 consecutive years, with $94.9 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 31.99% year-over-year to $94.9 million; the TTM figure through Apr 2026 stood at $349.8 million (up 21.46% YoY), while the FY2025 annual figure was $316.9 million, up 13.94% from the prior year.
  • Cost of Revenue declined to $94.9 million in Q2 2026 per HITI's latest filing, from $96.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $96.0 million in Q1 2026 and bottomed at $38.9 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $69.7 million across 5 years, with a median of $68.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 124.15% — and 2024, when it grew 2.55%.
  • High Tide's Cost of Revenue stood at $59.3 million in 2022, then advanced by 17.1% to $69.4 million in 2023, then grew by 8.18% to $75.1 million in 2024, then climbed by 15.82% to $87.0 million in 2025, then climbed by 9.14% to $94.9 million in 2026.
  • Business Quant data shows HITI's Cost of Revenue at $94.9 million in Q2 2026, $96.0 million in Q1 2026, and $87.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 High Tide 215.72 Mn 182.44 Mn 35.30 Mn 94.92 Mn
2 BioScience Health Innovations 58.76 Mn 58.05 Mn 659,483.00 376,881.00
3 Petmed Express 38.29 Mn 25.19 Mn 11.33 Mn 29.68 Mn
4 Scienture Holdings 17.81 Mn 17.81 Mn 335,779.00 7,860.00
5 Polomar Health Services 8.48 Mn 8.31 Mn 935,916.00 592,789.00
6 Ridgetech 58,214.34 -17.85 Mn - -

Historic Data

Download Data
DateValue
Apr 30, 2026 94.92 Mn
Apr 30, 2026 94.92 Mn
Jan 31, 2026 96.00 Mn
Jan 31, 2026 96.00 Mn
Oct 31, 2025 86.97 Mn
Oct 31, 2025 86.97 Mn
Apr 30, 2025 71.91 Mn
Apr 30, 2025 71.91 Mn
Jan 31, 2025 75.39 Mn
Jan 31, 2025 75.39 Mn
Oct 31, 2024 75.09 Mn
Oct 31, 2024 75.09 Mn
Apr 30, 2024 65.61 Mn
Apr 30, 2024 65.61 Mn
Jan 31, 2024 68.11 Mn
Jan 31, 2024 68.11 Mn
Oct 31, 2023 69.41 Mn
Oct 31, 2023 69.41 Mn
Apr 30, 2023 63.98 Mn
Apr 30, 2023 63.98 Mn