High Tide (HITI) Interest Expenses (2020 - 2026)
High Tide (HITI) posted quarterly Interest Expenses of -$1.5 million for Q2 2026, down 43.83% year-over-year from -$2.6 million in Q2 2025, and down 187.03% quarter-over-quarter from $1.7 million in Q1 2026.
High Tide (HITI) Interest Expenses (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Interest Expenses for 7 consecutive years, with -$1.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 43.83% year-over-year to -$1.5 million; the TTM figure through Apr 2026 stood at $6.2 million (up 607.77% YoY), while the FY2025 annual figure was $1.3 million, up 35.22% from the prior year.
- Interest Expenses slipped to -$1.5 million in Q2 2026 per HITI's latest filing, from $1.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $4.6 million in Q4 2025 and bottomed at -$2.3 million in Q4 2024.
- Historically, Interest Expenses has averaged $337215.2 across 5 years, with a median of $295054.6 in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses sank 342.99% — and 2024, when it jumped 81688.57%.
- High Tide's Interest Expenses stood at $588764.2 in 2022, then jumped by 104.43% to $1.2 million in 2023, then slumped by 291.53% to -$2.3 million in 2024, then soared by 298.95% to $4.6 million in 2025, then slumped by 131.84% to -$1.5 million in 2026.
- Business Quant data shows HITI's Interest Expenses at -$1.5 million in Q2 2026, $1.7 million in Q1 2026, and $4.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | -1.46 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 | 4.22 Mn |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 | 269,785.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 18,019.00 |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.46 Mn |
| Apr 30, 2026 | -1.46 Mn |
| Jan 31, 2026 | 1.68 Mn |
| Jan 31, 2026 | 1.68 Mn |
| Oct 31, 2025 | 4.59 Mn |
| Oct 31, 2025 | 4.59 Mn |
| Jun 30, 2025 | 1.41 Mn |
| Jun 30, 2025 | 1.41 Mn |
| Apr 30, 2025 | -1.02 Mn |
| Apr 30, 2025 | -1.02 Mn |
| Jan 31, 2025 | 1.28 Mn |
| Jan 31, 2025 | 1.28 Mn |
| Oct 31, 2024 | -2.31 Mn |
| Oct 31, 2024 | -2.31 Mn |
| Jun 30, 2024 | 819,608.55 |
| Jun 30, 2024 | 819,608.55 |
| Apr 30, 2024 | -826,760.23 |
| Apr 30, 2024 | -826,760.23 |
| Jan 31, 2024 | 1.10 Mn |
| Jan 31, 2024 | 1.10 Mn |