High Tide (HITI) Gross Profit (2020 - 2026)
High Tide (HITI) reported Gross Profit of $32.0 million for Q1 2026, up 28.18% year-over-year from $25.0 million in Q1 2025, and up 4.38% quarter-over-quarter from $30.7 million in Q4 2025.
High Tide (HITI) Gross Profit (2020 - 2026) Analysis & Trends
High Tide (HITI) has 7 years of Gross Profit data on file, last reported at $32.0 million in Q1 2026.
- Gross Profit for Q1 2026 came in at $32.0 million, up 28.18% year-over-year; the trailing twelve-month figure through Jan 2026 was $116.8 million (up 13.37% YoY), and the FY2025 annual result was $110.7 million, up 6.06% from the prior year.
- Gross Profit improved to $32.0 million in Q1 2026 per HITI's latest filing, from $30.7 million in the prior quarter.
- Over five years, Gross Profit peaked at $32.0 million in Q1 2026 and troughed at $17.9 million in Q2 2022.
- A 5-year average of $24.8 million and a median of $25.0 million in 2025 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2025: Gross Profit soared 59.31% in 2022, then dropped 6.24% in 2025.
- A 5-year view of Gross Profit shows it stood at $22.2 million in 2022, then advanced by 9.46% to $24.3 million in 2023, then increased by 7.64% to $26.2 million in 2024, then grew by 17.09% to $30.7 million in 2025, then rose by 4.38% to $32.0 million in 2026.
- Business Quant data shows HITI's Gross Profit at $32.0 million in Q1 2026, $30.7 million in Q4 2025, and $29.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 558.20 Mn | 531.28 Mn | 32.00 Mn |
| 2 | Wellgistics Health | 385.01 Mn | 384.95 Mn | 170,221.00 |
| 3 | Petmed Express | 35.71 Mn | 8.80 Mn | 9.46 Mn |
| 4 | Scienture Holdings | 14.72 Mn | 14.72 Mn | 53,850.00 |
| 5 | Ridgetech | 15.50 | -4.11 Mn | - |
| 6 | Scientist Home Future Health | - | - | 32,589.00 |
| 7 | BioScience Health Innovations | - | - | 485,596.00 |
| 8 | Rest Ez | - | - | - |
| 9 | Polomar Health Services | - | - | 550,489.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 32.00 Mn |
| Jan 31, 2026 | 32.00 Mn |
| Oct 31, 2025 | 30.66 Mn |
| Oct 31, 2025 | 30.66 Mn |
| Jul 31, 2025 | 29.18 Mn |
| Jul 31, 2025 | 29.18 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 |
| Oct 31, 2023 | 24.33 Mn |
| Oct 31, 2023 | 24.33 Mn |