High Tide (HITI) Net Margin (2020 - 2026)
High Tide (HITI) posted quarterly Net Margin of 0.05% for Q2 2026, up 279.0% year-over-year from 0.01% in Q2 2025, and down 106.55% quarter-over-quarter from 0.7% in Q1 2026.
High Tide (HITI) Net Margin (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Net Margin for 7 consecutive years, with 0.05% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 279.0% year-over-year to 0.05%; the TTM figure through Apr 2026 stood at 6.91% (down 516.0% YoY), while the FY2025 annual figure was 8.54%, down 771.0% from the prior year.
- Net Margin eased to 0.05% in Q2 2026 per HITI's latest filing, from 0.7% in the prior quarter.
- Across five years, Net Margin topped out at 0.7% in Q1 2026 and bottomed at 49.25% in Q4 2022.
- Historically, Net Margin has averaged 10.36% across 5 years, with a median of 3.11% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 4266 bps — and 2024, when it soared 2447 bps.
- High Tide's Net Margin stood at 49.25% in 2022, then jumped by 43 bps to 27.86% in 2023, then surged by 88 bps to 3.39% in 2024, then slumped by 721 bps to 27.82% in 2025, then jumped by 100 bps to 0.05% in 2026.
- Business Quant data shows HITI's Net Margin at 0.05% in Q2 2026, 0.7% in Q1 2026, and 27.82% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | -0.21% |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | -17.92% |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | -14.98% |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | -821.32% |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 7.29% |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -0.05% |
| Jan 31, 2026 | 0.70% |
| Oct 31, 2025 | -27.82% |
| Apr 30, 2025 | -2.84% |
| Jan 31, 2025 | -1.94% |
| Oct 31, 2024 | -3.39% |
| Apr 30, 2024 | -0.04% |
| Jan 31, 2024 | -0.43% |
| Oct 31, 2023 | -27.86% |
| Apr 30, 2023 | -2.78% |
| Jan 31, 2023 | -5.53% |
| Oct 31, 2022 | -49.25% |
| Apr 30, 2022 | -11.51% |
| Jan 31, 2022 | -12.32% |
| Oct 31, 2021 | -6.59% |
| Oct 31, 2020 | -9.21% |
| Jul 31, 2020 | 17.23% |