High Tide (HITI) Operating Leases (2020 - 2026)
High Tide (HITI) reported Operating Leases of $31.0 million for Q1 2026, up 36.03% year-over-year from $22.8 million in Q1 2025, and up 7.47% quarter-over-quarter from $28.8 million in Q4 2025.
High Tide (HITI) Operating Leases (2020 - 2026) Analysis & Trends
High Tide (HITI) has 7 years of Operating Leases data on file, last reported at $31.0 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $31.0 million, up 36.03% year-over-year; the trailing twelve-month figure through Jan 2026 was $31.0 million (up 36.03% YoY), and the FY2025 annual result was $28.8 million, down 2.1% from the prior year.
- Operating Leases climbed to $31.0 million in Q1 2026 per HITI's latest filing, from $28.8 million in the prior quarter.
- Over five years, Operating Leases peaked at $31.0 million in Q1 2026 and troughed at $18.6 million in Q2 2023.
- A 5-year average of $22.9 million and a median of $21.6 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2026: Operating Leases retreated 8.07% in 2023, then jumped 36.03% in 2026.
- A 5-year view of Operating Leases shows it stood at $25.4 million in 2022, then climbed by 1.64% to $25.8 million in 2023, then grew by 13.95% to $29.4 million in 2024, then declined by 2.1% to $28.8 million in 2025, then gained by 7.47% to $31.0 million in 2026.
- Business Quant data shows HITI's Operating Leases at $31.0 million in Q1 2026, $28.8 million in Q4 2025, and $22.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | High Tide | 558.20 Mn | 531.28 Mn | 32.00 Mn |
| 2 | Wellgistics Health | 385.01 Mn | 384.95 Mn | 170,221.00 |
| 3 | Petmed Express | 35.71 Mn | 8.80 Mn | 9.46 Mn |
| 4 | Scienture Holdings | 14.72 Mn | 14.72 Mn | 53,850.00 |
| 5 | Ridgetech | 15.50 | -4.11 Mn | - |
| 6 | Scientist Home Future Health | - | - | 32,589.00 |
| 7 | BioScience Health Innovations | - | - | 485,596.00 |
| 8 | Rest Ez | - | - | - |
| 9 | Polomar Health Services | - | - | 550,489.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 30.98 Mn |
| Oct 31, 2025 | 28.83 Mn |
| Jul 31, 2025 | 22.02 Mn |
| Apr 30, 2025 | 21.30 Mn |
| Jan 31, 2025 | 22.77 Mn |
| Oct 31, 2024 | 29.44 Mn |
| Apr 30, 2024 | 21.97 Mn |
| Jan 31, 2024 | 21.15 Mn |
| Oct 31, 2023 | 25.84 Mn |
| Jul 31, 2023 | 18.63 Mn |
| Apr 30, 2023 | 18.60 Mn |
| Jan 31, 2023 | 18.83 Mn |
| Oct 31, 2022 | 25.42 Mn |
| Jul 31, 2022 | 19.81 Mn |
| Apr 30, 2022 | 19.76 Mn |
| Jan 31, 2022 | 20.48 Mn |
| Oct 31, 2021 | 23.68 Mn |
| Jul 31, 2021 | 17.17 Mn |
| Apr 30, 2021 | 16.63 Mn |
| Oct 31, 2020 | 10.95 Mn |