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

High Tide (HITI) reported Cost of Revenue of $96.0 million for Q1 2026, up 27.34% year-over-year from $75.4 million in Q1 2025, and up 10.39% quarter-over-quarter from $87.0 million in Q4 2025.

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

High Tide (HITI) has 7 years of Cost of Revenue data on file, last reported at $96.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $96.0 million, up 27.34% year-over-year; the trailing twelve-month figure through Jan 2026 was $334.6 million (up 17.75% YoY), and the FY2025 annual result was $316.9 million, up 13.94% from the prior year.
  • Cost of Revenue climbed to $96.0 million in Q1 2026 per HITI's latest filing, 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.
  • A 5-year average of $67.6 million and a median of $67.7 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 124.15% in 2022, then grew 2.55% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $59.3 million in 2022, then gained by 17.1% to $69.4 million in 2023, then climbed by 8.18% to $75.1 million in 2024, then advanced by 15.82% to $87.0 million in 2025, then advanced by 10.39% to $96.0 million in 2026.
  • Business Quant data shows HITI's Cost of Revenue at $96.0 million in Q1 2026, $87.0 million in Q4 2025, and $79.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 High Tide 549.85 Mn 522.94 Mn 32.00 Mn 96.00 Mn
2 Wellgistics Health 380.82 Mn 380.77 Mn 170,221.00 1.39 Mn
3 Petmed Express 35.82 Mn 8.90 Mn 9.46 Mn 31.20 Mn
4 Scienture Holdings 14.33 Mn 14.33 Mn 53,850.00 2,475.00
5 Ridgetech 17.20 -4.11 Mn - -
6 Scientist Home Future Health - - 32,589.00 55,486.00
7 BioScience Health Innovations - - 485,596.00 265,350.00
8 Rest Ez - - - -
9 Polomar Health Services - - 550,489.00 455,030.00

Historic Data

Download Data
DateValue
Jan 31, 2026 96.00 Mn
Jan 31, 2026 96.00 Mn
Oct 31, 2025 86.97 Mn
Oct 31, 2025 86.97 Mn
Jul 31, 2025 79.76 Mn
Jul 31, 2025 79.76 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
Jul 31, 2023 67.26 Mn
Jul 31, 2023 67.26 Mn