High Tide (HITI) Operating Expenses (2020 - 2026)
High Tide (HITI) reported Operating Expenses of $25.5 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 28.9% from $19.78 million a year earlier.
Powered by 
Analysis
High Tide (HITI) Operating Expenses (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, High Tide's Operating Expenses came in at -$80.14 million; for FY2025 (ended Oct 31, 2025), it was -$119.98 million.
- By fiscal year, Operating Expenses came in at -$101.05 million in FY2024, -$128.12 million in FY2023, -$134.7 million in FY2022 and $65.73 million in FY2021.
- The fiscal Q3 2026 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q3 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 21.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 165.69 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -33.52 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 532.81 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 117.91 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 21.05 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 76.99 Mn |
| 10 | High Tide | 238.15 Mn | 136.45 Mn | 34.98 Mn | 25.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.50 Mn |
| Apr 30, 2026 | -30.85 Mn |
| Jan 31, 2026 | -30.29 Mn |
| Oct 31, 2025 | -44.49 Mn |
| Jun 30, 2025 | 19.78 Mn |
| Apr 30, 2025 | -24.27 Mn |
| Jan 31, 2025 | -24.92 Mn |
| Oct 31, 2024 | -28.26 Mn |
| Jun 30, 2024 | 18.47 Mn |
| Apr 30, 2024 | -24.57 Mn |
| Jan 31, 2024 | -24.56 Mn |
| Oct 31, 2023 | -49.55 Mn |
| Jun 30, 2023 | 323,836.82 |
| Apr 30, 2023 | -25.28 Mn |
| Jan 31, 2023 | -26.77 Mn |
| Oct 31, 2022 | -62.82 Mn |
| Jul 31, 2022 | -23.66 Mn |
| Apr 30, 2022 | -23.90 Mn |
| Jan 31, 2022 | -23.01 Mn |
| Oct 31, 2021 | -17.81 Mn |
API Access
High Tide Operating Expenses 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=operating-expenses&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();