High Tide (HITI) Depreciation and Depletion (2020 - 2026)
High Tide (HITI) reported Depreciation and Depletion of $518,679 for fiscal Q2 2026 (quarter ended Apr 30, 2026), up 288.5% from $133,518 a year earlier but down 7.7% from the prior quarter.
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Analysis
High Tide (HITI) Depreciation and Depletion (2020 - 2026) Analysis & Trends
Over the twelve months ended Apr 30, 2026, High Tide's Depreciation and Depletion came in at $1.82 million, down 12.6% year-over-year; for FY2025 (ended Oct 31, 2025), it was $935,682, down 71.0% from FY2024.
- Depreciation and Depletion has a five-year compound annual growth rate of -19.2% (FY2020 to FY2025).
- By fiscal year, Depreciation and Depletion came in at $3.23 million in FY2024 (+0.3%), $3.22 million in FY2023 (-13.2%), $3.71 million in FY2022 (-18.1%) and $4.52 million in FY2021 (+66.0%).
- Five-year quarterly Depreciation and Depletion spans a low of $133,518 in fiscal Q2 2025 and a high of $1.13 million in fiscal Q2 2022.
- Year over year, Depreciation and Depletion gained in three of the last six quarters, with growth averaging 48.1%.
- The high point for year-over-year Depreciation and Depletion in five years was fiscal Q2 2026 (growth of 288.5%); the low point was fiscal Q2 2025 (a decline of 82.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 33.00 Mn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 20.06 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 21.54 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | - |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 518,678.78 |
| Jan 31, 2026 | 562,044.37 |
| Oct 31, 2025 | 606,259.24 |
| Apr 30, 2025 | 133,518.45 |
| Jan 31, 2025 | 201,466.08 |
| Oct 31, 2024 | 996,644.92 |
| Apr 30, 2024 | 750,795.64 |
| Jan 31, 2024 | 744,899.53 |
| Oct 31, 2023 | 862,867.85 |
| Apr 30, 2023 | 810,736.95 |
| Jan 31, 2023 | 837,775.70 |
| Oct 31, 2022 | 613,609.77 |
| Jul 31, 2022 | 1.05 Mn |
| Apr 30, 2022 | 1.13 Mn |
| Jan 31, 2022 | 920,445.10 |
| Oct 31, 2021 | 883,731.37 |
| Jul 31, 2021 | 796,075.41 |
| Apr 30, 2021 | 1.60 Mn |
| Jan 31, 2021 | 1.23 Mn |
| Oct 31, 2020 | -453,797.63 |
API Access
High Tide Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "HITI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();