Growth Metrics

High Tide (HITI) Gross Margin (2020 - 2026)

High Tide has reported Gross Margin over the past 7 years, most recently at 24.9% for Q1 2026.

  • Quarterly Gross Margin rose 3.0% to 24.9% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 25.8% through Jan 2026, down 67.0% year-over-year, with the annual reading at 25.85% for FY2025, 144.0% down from the prior year.
  • Gross Margin was 24.9% for Q1 2026 at High Tide, down from 25.93% in the prior quarter.
  • Over five years, Gross Margin peaked at 31.82% in Q1 2022 and troughed at 24.88% in Q1 2025.
  • The 5-year median for Gross Margin is 26.92% (2024), against an average of 27.06%.
  • Year-over-year, Gross Margin plummeted -869bps in 2022 and then soared 169bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 27.27% in 2022, then decreased by -5bps to 25.95% in 2023, then fell by 0bps to 25.85% in 2024, then rose by 0bps to 25.93% in 2025, then decreased by -4bps to 24.9% in 2026.
  • Per Business Quant, the three most recent readings for HITI's Gross Margin are 24.9% (Q1 2026), 25.93% (Q4 2025), and 26.78% (Q3 2025).