Growth Metrics

High Tide (HITI) Operating Margin (2020 - 2026)

High Tide has reported Operating Margin over the past 7 years, most recently at 1.33% for Q1 2026.

  • Quarterly Operating Margin rose 128.0% to 1.33% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 1.93% through Jan 2026, down 236.0% year-over-year, with the annual reading at 2.43% for FY2025, 339.0% down from the prior year.
  • Operating Margin was 1.33% for Q1 2026 at High Tide, up from 11.7% in the prior quarter.
  • Over five years, Operating Margin peaked at 2.5% in Q3 2025 and troughed at 49.81% in Q4 2022.
  • The 5-year median for Operating Margin is 2.05% (2024), against an average of 6.4%.
  • Year-over-year, Operating Margin tumbled -4091bps in 2022 and then surged 2486bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 49.81% in 2022, then soared by 46bps to 26.91% in 2023, then surged by 92bps to 2.05% in 2024, then tumbled by -471bps to 11.7% in 2025, then surged by 111bps to 1.33% in 2026.
  • Per Business Quant, the three most recent readings for HITI's Operating Margin are 1.33% (Q1 2026), 11.7% (Q4 2025), and 2.5% (Q3 2025).