High Tide (HITI) Inventory (2020 - 2026)
High Tide's Inventory came in at $52.31 million for fiscal Q2 2026 (quarter ended Apr 30, 2026), up 163.7% from $19.84 million a year earlier and up 8.9% 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 $48.15 million, up 123.3% from FY2024.
- Inventory has increased in each of the last five fiscal years, with a five-year compound annual growth rate of 62.6% (FY2020 to FY2025).
- Going back by fiscal year, Inventory was $21.56 million in FY2024 (+11.9%), $19.26 million in FY2023 (+5.8%), $18.2 million in FY2022 (+34.3%) and $13.55 million in FY2021 (+219.5%).
- The fiscal Q2 2026 figure represents the highest quarterly Inventory in data going back to fiscal Q4 2020.
- Year-over-year, Inventory has increased for three consecutive quarters, with growth averaging 72.6% over the last six quarters.
- The fastest year-over-year change in Inventory over five years came in fiscal Q4 2021 (growth of 214.3%), and the weakest in fiscal Q2 2025 (a decline of 4.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 11.44 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 6.50 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.06 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 244.72 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 61.35 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 186.87 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 180.98 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 52.70 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 133.43 Mn |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 52.31 Mn |
| Jan 31, 2026 | 48.03 Mn |
| Oct 31, 2025 | 48.59 Mn |
| Apr 30, 2025 | 19.84 Mn |
| Jan 31, 2025 | 21.41 Mn |
| Oct 31, 2024 | 21.48 Mn |
| Apr 30, 2024 | 20.74 Mn |
| Jan 31, 2024 | 18.82 Mn |
| Oct 31, 2023 | 19.16 Mn |
| Apr 30, 2023 | 20.10 Mn |
| Jan 31, 2023 | 18.44 Mn |
| Oct 31, 2022 | 17.63 Mn |
| Jul 31, 2022 | 18.30 Mn |
| Apr 30, 2022 | 17.99 Mn |
| Jan 31, 2022 | 17.03 Mn |
| Oct 31, 2021 | 13.56 Mn |
| Jul 31, 2021 | 12.25 Mn |
| Apr 30, 2021 | 9.41 Mn |
| Oct 31, 2020 | 4.31 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();