High Tide (HITI) EBITDA (2020 - 2026)
High Tide (HITI) recorded EBITDA of $1.48 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with -$1.7 million a year earlier and down 83.4% from the prior quarter.
High Tide (HITI) EBITDA (2020 - 2026) Analysis & Trends
On a TTM basis, High Tide's EBITDA came in at $8.76 million as of Jul 31, 2026, down 18.9% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $7.04 million, down 68.5% from FY2024.
- Annual EBITDA has a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- Across earlier fiscal years, EBITDA came in at $22.34 million in FY2024, -$6.43 million in FY2023, -$32.76 million in FY2022 and $3.89 million in FY2021 (-24.1%).
- Quarterly EBITDA has ranged from -$34.38 million in fiscal Q4 2022 to $10.44 million in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, EBITDA rose in two of the last four quarters, with growth averaging 12.2%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 435.4% in fiscal Q1 2023, against a decline of 98.5% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $8.93 million (Q2 2026), $7.49 million (Q1 2026) and -$9.14 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.33 Bn | 286.97 Bn | 7.66 Bn | 5.04 Bn |
| 2 | British American Tobacco p.l.c | 128.97 Bn | 105.33 Bn | - | - |
| 3 | Altria | 123.30 Bn | 109.46 Bn | 3.82 Bn | 3.19 Bn |
| 4 | Trulieve Cannabis | 2.12 Bn | 741.64 Mn | 162.29 Mn | -344.80 Mn |
| 5 | Curaleaf Holdings | 2.12 Bn | 1.72 Bn | 169.91 Mn | 52.83 Mn |
| 6 | RLX Technology | 2.06 Bn | -1.70 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.43 Bn | 279.53 Mn | 137.87 Mn | 66.86 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 389.03 Mn | 93.70 Mn | - |
| 9 | Cronos | 1.27 Bn | -2.01 Bn | 28.45 Mn | 10.78 Mn |
| 10 | High Tide | 220.24 Mn | 110.97 Mn | 37.83 Mn | 1.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.48 Mn |
| Apr 30, 2026 | 8.93 Mn |
| Jan 31, 2026 | 7.49 Mn |
| Oct 31, 2025 | -9.14 Mn |
| Jul 31, 2025 | -1.70 Mn |
| Apr 30, 2025 | 5.67 Mn |
| Jan 31, 2025 | 4.99 Mn |
| Oct 31, 2024 | 1.85 Mn |
| Jul 31, 2024 | -1.92 Mn |
| Apr 30, 2024 | 7.41 Mn |
| Jan 31, 2024 | 7.72 Mn |
| Oct 31, 2023 | -18.90 Mn |
| Jul 31, 2023 | -6.86 Mn |
| Apr 30, 2023 | 4.87 Mn |
| Jan 31, 2023 | 4.08 Mn |
| Oct 31, 2022 | -34.38 Mn |
| Jul 31, 2022 | 10.44 Mn |
| Apr 30, 2022 | 38,688.20 |
| Jan 31, 2022 | 761,638.70 |
| Oct 31, 2021 | -2.65 Mn |
High Tide EBITDA 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=ebitda&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();