High Tide (HITI) Inventory (2020 - 2026)
High Tide's Inventory came in at $48.14 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 112.9% from $22.61 million a year earlier but down 8.2% from the prior quarter.
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Analysis
High Tide (HITI) Inventory (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), High Tide's Inventory was $48.21 million, up 128.6% from FY2024.
- Inventory has increased in each of the last five fiscal years, with a five-year compound annual growth rate of 62.3% (FY2020 to FY2025).
- Going back by fiscal year, Inventory was $21.09 million in FY2024 (+12.3%), $18.78 million in FY2023 (+9.2%), $17.21 million in FY2022 (+24.6%) and $13.8 million in FY2021 (+222.3%).
- The five-year range for quarterly Inventory is $13.8 million (fiscal Q4 2021) to $52.45 million (fiscal Q2 2026).
- Year-over-year, Inventory has increased for five consecutive quarters, with growth averaging 70.5% over the last eight quarters.
- The fastest year-over-year change in Inventory over five years came in fiscal Q4 2021 (growth of 222.3%), and the weakest in fiscal Q2 2025 (a decline of 0.8%).
- Business Quant data shows HITI's Inventory at $52.45 million (Q2 2026), $49.4 million (Q1 2026) and $48.21 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | 11.44 Bn |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | 6.42 Bn |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | 1.06 Bn |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | 244.72 Mn |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | 186.87 Mn |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | 61.35 Mn |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 180.98 Mn |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | 133.43 Mn |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 52.70 Mn |
| 10 | High Tide | 218.18 Mn | 108.92 Mn | 37.83 Mn | 48.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 48.14 Mn |
| Apr 30, 2026 | 52.45 Mn |
| Jan 31, 2026 | 49.40 Mn |
| Oct 31, 2025 | 48.21 Mn |
| Jul 31, 2025 | 22.61 Mn |
| Apr 30, 2025 | 20.41 Mn |
| Jan 31, 2025 | 20.97 Mn |
| Oct 31, 2024 | 21.09 Mn |
| Jul 31, 2024 | 20.99 Mn |
| Apr 30, 2024 | 20.57 Mn |
| Jan 31, 2024 | 18.99 Mn |
| Oct 31, 2023 | 18.78 Mn |
| Jul 31, 2023 | 20.09 Mn |
| Apr 30, 2023 | 20.00 Mn |
| Jan 31, 2023 | 18.58 Mn |
| Oct 31, 2022 | 17.21 Mn |
| Jul 31, 2022 | 18.38 Mn |
| Apr 30, 2022 | 17.79 Mn |
| Jan 31, 2022 | 16.90 Mn |
| Oct 31, 2021 | 13.80 Mn |
API Access
High Tide Inventory 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=inventory&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();