High Tide (HITI) Free Cash Flow (2020 - 2026)
High Tide's Free Cash Flow came in at $4.38 million for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 41.6% from $7.5 million a year earlier and down 21.3% from the prior quarter.
High Tide (HITI) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Apr 30, 2026, High Tide reported Free Cash Flow of $21.09 million, down 22.8% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $24.25 million, down 24.6% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 23.9% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $32.16 million in FY2024 (+64.0%), $19.61 million in FY2023 (+105.9%), $9.53 million in FY2022 and -$10.65 million in FY2021.
- The fiscal Q2 2026 figure represents the lowest quarterly Free Cash Flow since fiscal Q1 2025.
- Year-over-year, Free Cash Flow increased in 1 of the last seven quarters, with an average decline of 10.6%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q2 2024 (growth of 503.1%), and the weakest in fiscal Q1 2022 (a decline of 75.4%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 5.11 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 | 662.00 Mn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | -20.58 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.29 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 32.13 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 8.79 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 22.27 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 26.24 Mn |
| 10 | High Tide | 229.43 Mn | 127.72 Mn | 34.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 4.38 Mn |
| Jan 31, 2026 | 5.57 Mn |
| Oct 31, 2025 | 5.18 Mn |
| Jun 30, 2025 | 5.96 Mn |
| Apr 30, 2025 | 7.50 Mn |
| Jan 31, 2025 | 2.29 Mn |
| Oct 31, 2024 | 8.15 Mn |
| Jun 30, 2024 | 9.37 Mn |
| Apr 30, 2024 | 10.99 Mn |
| Jan 31, 2024 | 6.49 Mn |
| Oct 31, 2023 | 8.71 Mn |
| Apr 30, 2023 | 1.82 Mn |
| Jan 31, 2023 | 2.63 Mn |
| Oct 31, 2022 | 6.89 Mn |
| Jul 31, 2022 | 1.69 Mn |
| Apr 30, 2022 | 144,488.59 |
| Jan 31, 2022 | 595,721.55 |
| Oct 31, 2021 | -9.35 Mn |
| Jul 31, 2021 | -2.30 Mn |
| Apr 30, 2021 | -1.53 Mn |
High Tide Free Cash Flow 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=free-cash-flow&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();