High Tide (HITI) Payables (2020 - 2026)
High Tide's Payables was $47 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 103.6% from $23.09 million a year earlier and up 3.0% from the prior quarter.
High Tide (HITI) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Payables at High Tide came in at $45.38 million, up 80.1% from FY2024.
- Payables has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 56.6% (FY2020 to FY2025).
- In earlier fiscal years, Payables was $25.19 million in FY2024 (+42.2%), $17.71 million in FY2023 (+0.2%), $17.68 million in FY2022 (+71.4%) and $10.32 million in FY2021 (+114.0%).
- Quarterly Payables has moved between $10.32 million (fiscal Q4 2021) and $47.89 million (fiscal Q1 2026) over five years.
- Compared with a year earlier, Payables has increased for four straight quarters, with growth averaging 50.7% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was fiscal Q3 2022 (growth of 139.8%); the worst was fiscal Q1 2024 (a decline of 29.2%).
- Per Business Quant data, HITI's Payables in the three fiscal quarters before Q3 2026 was $45.65 million (Q2 2026), $47.89 million (Q1 2026) and $45.38 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | 9.57 Bn |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | 16.69 Bn |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | 2.46 Bn |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | 101.08 Mn |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | 65.68 Mn |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | 58.09 Mn |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 40.84 Mn |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | 35.29 Mn |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 17.42 Mn |
| 10 | High Tide | 218.18 Mn | 108.92 Mn | 37.83 Mn | 47.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 47.00 Mn |
| Apr 30, 2026 | 45.65 Mn |
| Jan 31, 2026 | 47.89 Mn |
| Oct 31, 2025 | 45.38 Mn |
| Jul 31, 2025 | 23.09 Mn |
| Apr 30, 2025 | 23.99 Mn |
| Jan 31, 2025 | 23.38 Mn |
| Oct 31, 2024 | 25.19 Mn |
| Jul 31, 2024 | 24.80 Mn |
| Apr 30, 2024 | 26.16 Mn |
| Jan 31, 2024 | 23.51 Mn |
| Oct 31, 2023 | 17.71 Mn |
| Jul 31, 2023 | 28.28 Mn |
| Apr 30, 2023 | 29.11 Mn |
| Jan 31, 2023 | 33.22 Mn |
| Oct 31, 2022 | 17.68 Mn |
| Jul 31, 2022 | 25.25 Mn |
| Apr 30, 2022 | 23.66 Mn |
| Jan 31, 2022 | 17.37 Mn |
| Oct 31, 2021 | 10.32 Mn |
High Tide Payables 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=payables&ticker=HITI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=HITI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();