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
DateValue
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