High Tide (HITI) Net Margin (2020 - 2026)

High Tide (HITI) reported Net Margin of 0.68% for Q1 2026, up 265.0% year-over-year from 0.19% in Q1 2025, and up 102.43% quarter-over-quarter from 27.78% in Q4 2025.

High Tide (HITI) Net Margin (2020 - 2026) Analysis & Trends

High Tide (HITI) has 7 years of Net Margin data on file, last reported at 0.68% in Q1 2026.

  • Net Margin for Q1 2026 came in at 0.68%, up 265.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 7.57% (down 638.0% YoY), and the FY2025 annual result was 8.54%, down 771.0% from the prior year.
  • Net Margin rose to 0.68% in Q1 2026 per HITI's latest filing, from 27.78% in the prior quarter.
  • Over five years, Net Margin peaked at 0.68% in Q1 2026 and troughed at 49.04% in Q4 2022.
  • A 5-year average of 9.01% and a median of 2.68% in 2022 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2023: Net Margin slumped 4243 bps in 2022, then surged 2489 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 49.04% in 2022, then soared by 51 bps to 24.15% in 2023, then soared by 85 bps to 3.65% in 2024, then slumped by 661 bps to 27.78% in 2025, then surged by 102 bps to 0.68% in 2026.
  • Business Quant data shows HITI's Net Margin at 0.68% in Q1 2026, 27.78% in Q4 2025, and 0.47% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 High Tide 558.20 Mn 531.28 Mn 32.00 Mn 0.68%
2 Wellgistics Health 385.01 Mn 384.95 Mn 170,221.00 -496.46%
3 Petmed Express 35.71 Mn 8.80 Mn 9.46 Mn -25.95%
4 Scienture Holdings 14.72 Mn 14.72 Mn 53,850.00 -6,130.08%
5 Ridgetech 15.50 -4.11 Mn - -
6 Scientist Home Future Health - - 32,589.00 -173.40%
7 BioScience Health Innovations - - 485,596.00 -30.62%
8 Rest Ez - - - -
9 Polomar Health Services - - 550,489.00 -2.52%

Historic Data

Download Data
DateValue
Jan 31, 2026 0.68%
Oct 31, 2025 -27.78%
Jul 31, 2025 0.47%
Apr 30, 2025 -2.87%
Jan 31, 2025 -1.97%
Oct 31, 2024 -3.65%
Apr 30, 2024 0.48%
Jan 31, 2024 -0.62%
Oct 31, 2023 -24.15%
Jul 31, 2023 -2.30%
Apr 30, 2023 -1.31%
Jan 31, 2023 -5.82%
Oct 31, 2022 -49.04%
Jul 31, 2022 -2.50%
Apr 30, 2022 -12.98%
Jan 31, 2022 -10.84%
Oct 31, 2021 -6.61%
Oct 31, 2020 -5.98%
Jul 31, 2020 15.92%