High Tide (HITI) Operating Leases (2020 - 2026)
High Tide (HITI) posted quarterly Operating Leases of $34.8 million for Q2 2026, up 63.62% year-over-year from $21.3 million in Q2 2025, and up 12.48% quarter-over-quarter from $31.0 million in Q1 2026.
High Tide (HITI) Operating Leases (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Operating Leases for 7 consecutive years, with $34.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 63.62% year-over-year to $34.8 million; the TTM figure through Apr 2026 stood at $34.8 million (up 63.62% YoY), while the FY2025 annual figure was $28.8 million, up 25.4% from the prior year.
- Operating Leases rose to $34.8 million in Q2 2026 per HITI's latest filing, from $31.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $34.8 million in Q2 2026 and bottomed at $18.6 million in Q2 2023.
- Historically, Operating Leases has averaged $23.4 million across 5 years, with a median of $21.6 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Leases slipped 11.04% — and 2026, when it soared 63.62%.
- High Tide's Operating Leases stood at $19.7 million in 2022, then surged by 31.3% to $25.8 million in 2023, then fell by 11.04% to $23.0 million in 2024, then climbed by 25.4% to $28.8 million in 2025, then increased by 20.89% to $34.8 million in 2026.
- Business Quant data shows HITI's Operating Leases at $34.8 million in Q2 2026, $31.0 million in Q1 2026, and $28.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 216.15 Mn | 182.88 Mn | 35.30 Mn |
| 2 | BioScience Health Innovations | 58.76 Mn | 58.05 Mn | 659,483.00 |
| 3 | Petmed Express | 38.38 Mn | 25.28 Mn | 11.33 Mn |
| 4 | Scienture Holdings | 18.09 Mn | 18.09 Mn | 335,779.00 |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 |
| 6 | Ridgetech | 58,148.93 | -17.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 34.85 Mn |
| Jan 31, 2026 | 30.98 Mn |
| Oct 31, 2025 | 28.83 Mn |
| Apr 30, 2025 | 21.30 Mn |
| Jan 31, 2025 | 22.77 Mn |
| Oct 31, 2024 | 22.99 Mn |
| Apr 30, 2024 | 21.97 Mn |
| Jan 31, 2024 | 21.15 Mn |
| Oct 31, 2023 | 25.84 Mn |
| Apr 30, 2023 | 18.60 Mn |
| Jan 31, 2023 | 18.83 Mn |
| Oct 31, 2022 | 19.68 Mn |
| Apr 30, 2022 | 19.76 Mn |
| Jan 31, 2022 | 20.48 Mn |
| Oct 31, 2021 | 19.13 Mn |
| Apr 30, 2021 | 16.63 Mn |
| Oct 31, 2020 | 10.95 Mn |