High Tide (HITI) Operating Income (2020 - 2026)
High Tide (HITI) recorded Operating Income of $6.25 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 129.6% from $2.72 million a year earlier and up 40.4% from the prior quarter.
Powered by 
Analysis
High Tide (HITI) Operating Income (2020 - 2026) Analysis & Trends
On a TTM basis, High Tide's Operating Income came in at -$1.43 million as of Jul 31, 2026; for FY2025 (ended Oct 31, 2025), it was -$10.32 million.
- Across earlier fiscal years, Operating Income came in at $3.68 million in FY2024, -$30.72 million in FY2023, -$56.22 million in FY2022 and -$14.85 million in FY2021.
- The fiscal Q3 2026 figure is the highest quarterly Operating Income since fiscal Q3 2021.
- On a year-over-year basis, Operating Income rose in three of the last five quarters, with growth averaging 115.5%.
- Per Business Quant, the preceding three fiscal quarters came in at $4.45 million (Q2 2026), $1.71 million (Q1 2026) and -$13.83 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 314.31 Bn | 293.95 Bn | 7.66 Bn | 4.53 Bn |
| 2 | British American Tobacco p.l.c | 131.67 Bn | 108.04 Bn | - | - |
| 3 | Altria | 126.57 Bn | 112.73 Bn | 3.82 Bn | 3.14 Bn |
| 4 | Trulieve Cannabis | 2.18 Bn | 792.71 Mn | 162.29 Mn | -370.52 Mn |
| 5 | Curaleaf Holdings | 2.16 Bn | 1.76 Bn | 169.91 Mn | 4.22 Mn |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | 19.22 Mn |
| 7 | Green Thumb Industries | 1.44 Bn | 290.58 Mn | 137.87 Mn | 19.97 Mn |
| 8 | Turning Point Brands | 1.32 Bn | 426.22 Mn | 93.70 Mn | 16.71 Mn |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 7.40 Mn |
| 10 | High Tide | 219.61 Mn | 110.34 Mn | 37.83 Mn | 6.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.25 Mn |
| Apr 30, 2026 | 4.45 Mn |
| Jan 31, 2026 | 1.71 Mn |
| Oct 31, 2025 | -13.83 Mn |
| Jul 31, 2025 | 2.72 Mn |
| Apr 30, 2025 | 654,943.14 |
| Jan 31, 2025 | 47,196.60 |
| Oct 31, 2024 | -2.07 Mn |
| Jul 31, 2024 | 2.23 Mn |
| Apr 30, 2024 | 1.47 Mn |
| Jan 31, 2024 | 2.07 Mn |
| Oct 31, 2023 | -25.23 Mn |
| Jul 31, 2023 | -495,972.92 |
| Apr 30, 2023 | -1.95 Mn |
| Jan 31, 2023 | -2.91 Mn |
| Oct 31, 2022 | -40.59 Mn |
| Jul 31, 2022 | 4.85 Mn |
| Apr 30, 2022 | -5.98 Mn |
| Jan 31, 2022 | -4.86 Mn |
| Oct 31, 2021 | -3.81 Mn |
API Access
High Tide Operating Income 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-income&ticker=HITI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();