High Tide (HITI) EBIT Margin (2020 - 2026)
High Tide (HITI) posted quarterly EBIT Margin of 3.4% for Q2 2026, up 272.0% year-over-year from 0.91% in Q2 2025, and up 155.76% quarter-over-quarter from 1.33% in Q1 2026.
High Tide (HITI) EBIT Margin (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported EBIT Margin for 7 consecutive years, with 3.4% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBIT Margin rose 272.0% year-over-year to 3.4%; the TTM figure through Apr 2026 stood at 1.48% (down 150.0% YoY), while the FY2025 annual figure was 2.43%, down 339.0% from the prior year.
- EBIT Margin grew to 3.4% in Q2 2026 per HITI's latest filing, from 1.33% in the prior quarter.
- Across five years, EBIT Margin topped out at 3.4% in Q2 2026 and bottomed at 49.81% in Q4 2022.
- Historically, EBIT Margin has averaged 7.48% across 5 years, with a median of 2.14% in 2023.
- Annual changes were most pronounced in 2022 — EBIT Margin tumbled 4091 bps — and 2024, when it surged 2486 bps.
- High Tide's EBIT Margin stood at 49.81% in 2022, then jumped by 46 bps to 26.91% in 2023, then soared by 92 bps to 2.05% in 2024, then tumbled by 471 bps to 11.7% in 2025, then surged by 129 bps to 3.4% in 2026.
- Business Quant data shows HITI's EBIT Margin at 3.4% in Q2 2026, 1.33% in Q1 2026, and 11.7% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 3.40% |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | -21.02% |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | -15.19% |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | -785.63% |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 14.29% |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 3.40% |
| Jan 31, 2026 | 1.33% |
| Oct 31, 2025 | -11.70% |
| Apr 30, 2025 | 0.68% |
| Jan 31, 2025 | 0.05% |
| Oct 31, 2024 | -2.05% |
| Apr 30, 2024 | 1.60% |
| Jan 31, 2024 | 2.18% |
| Oct 31, 2023 | -26.91% |
| Apr 30, 2023 | -2.24% |
| Jan 31, 2023 | -3.32% |
| Oct 31, 2022 | -49.81% |
| Apr 30, 2022 | -9.35% |
| Jan 31, 2022 | -8.51% |
| Oct 31, 2021 | -8.90% |
| Oct 31, 2020 | 1.72% |
| Jul 31, 2020 | 6.74% |