High Tide (HITI) Gross Profit (2020 - 2026)
High Tide (HITI) posted quarterly Gross Profit of $35.3 million for Q2 2026, up 41.62% year-over-year from $24.9 million in Q2 2025, and up 10.32% quarter-over-quarter from $32.0 million in Q1 2026.
High Tide (HITI) Gross Profit (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Gross Profit for 7 consecutive years, with $35.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Profit rose 41.62% year-over-year to $35.3 million; the TTM figure through Apr 2026 stood at $123.6 million (up 21.28% YoY), while the FY2025 annual figure was $110.7 million, up 6.06% from the prior year.
- Gross Profit advanced to $35.3 million in Q2 2026 per HITI's latest filing, from $32.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $35.3 million in Q2 2026 and bottomed at $17.9 million in Q2 2022.
- Historically, Gross Profit has averaged $25.5 million across 5 years, with a median of $25.3 million in 2025.
- Annual changes were most pronounced in 2022 — Gross Profit soared 59.31% — and 2025, when it dropped 6.24%.
- High Tide's Gross Profit stood at $22.2 million in 2022, then climbed by 9.46% to $24.3 million in 2023, then rose by 7.64% to $26.2 million in 2024, then increased by 17.09% to $30.7 million in 2025, then climbed by 15.15% to $35.3 million in 2026.
- Business Quant data shows HITI's Gross Profit at $35.3 million in Q2 2026, $32.0 million in Q1 2026, and $30.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn |
| 2 | BioScience Health Innovations | 58.76 Mn | 58.05 Mn | 659,483.00 |
| 3 | Petmed Express | 38.29 Mn | 25.19 Mn | 11.33 Mn |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 35.30 Mn |
| Apr 30, 2026 | 35.30 Mn |
| Jan 31, 2026 | 32.00 Mn |
| Jan 31, 2026 | 32.00 Mn |
| Oct 31, 2025 | 30.66 Mn |
| Oct 31, 2025 | 30.66 Mn |
| Jun 30, 2025 | 25.60 Mn |
| Jun 30, 2025 | 25.60 Mn |
| Apr 30, 2025 | 24.93 Mn |
| Apr 30, 2025 | 24.93 Mn |
| Jan 31, 2025 | 24.96 Mn |
| Jan 31, 2025 | 24.96 Mn |
| Oct 31, 2024 | 26.18 Mn |
| Oct 31, 2024 | 26.18 Mn |
| Jun 30, 2024 | 25.81 Mn |
| Jun 30, 2024 | 25.81 Mn |
| Apr 30, 2024 | 26.03 Mn |
| Apr 30, 2024 | 26.03 Mn |
| Jan 31, 2024 | 26.63 Mn |
| Jan 31, 2024 | 26.63 Mn |