High Tide (HITI) Tax Rate (2020 - 2026)
High Tide (HITI) posted quarterly Tax Rate of 78.25% for Q2 2026, up 7709.0% year-over-year from 1.0% in Q2 2025, and up 2457.26% quarter-over-quarter from 3.32% in Q1 2026.
High Tide (HITI) Tax Rate (2020 - 2026) Analysis & Trends
High Tide (HITI) has reported Tax Rate for 7 consecutive years, with 78.25% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 7709.0% year-over-year to 78.25%; the TTM figure through Apr 2026 stood at 0.91% (down 242.0% YoY), while the FY2023 annual figure was 15.73%, up 1178.0% from the prior year.
- Tax Rate rose to 78.25% in Q2 2026 per HITI's latest filing, from 3.32% in the prior quarter.
- Across five years, Tax Rate topped out at 108.45% in Q2 2024 and bottomed at 112.5% in Q2 2023.
- Historically, Tax Rate has averaged 1.51% across 5 years, with a median of 3.23% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 12381 bps — and 2024, when it soared 22095 bps.
- High Tide's Tax Rate stood at 3.23% in 2022, then surged by 253 bps to 11.43% in 2023, then slumped by 987 bps to 101.39% in 2024, then soared by 101 bps to 1.16% in 2025, then surged by 6631 bps to 78.25% in 2026.
- Business Quant data shows HITI's Tax Rate at 78.25% in Q2 2026, 3.32% in Q1 2026, and 1.16% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | -92.48% |
| 2 | BioScience Health Innovations | 58.76 Mn | 58.05 Mn | 659,483.00 | 14.75% |
| 3 | Petmed Express | 38.29 Mn | 25.19 Mn | 11.33 Mn | -0.21% |
| 4 | Scienture Holdings | 17.81 Mn | 17.81 Mn | 335,779.00 | - |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | - |
| 6 | Ridgetech | 58,214.34 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 78.25% |
| Apr 30, 2026 | 78.25% |
| Apr 30, 2026 | 78.25% |
| Jan 31, 2026 | -3.32% |
| Jan 31, 2026 | -3.32% |
| Jan 31, 2026 | -3.32% |
| Apr 30, 2025 | 1.16% |
| Apr 30, 2025 | 1.16% |
| Apr 30, 2025 | 1.16% |
| Jan 31, 2025 | 1.35% |
| Jan 31, 2025 | 1.35% |
| Jan 31, 2025 | 1.35% |
| Jun 30, 2024 | -101.39% |
| Jun 30, 2024 | -101.39% |
| Jun 30, 2024 | -101.39% |
| Apr 30, 2024 | 108.45% |
| Apr 30, 2024 | 108.45% |
| Apr 30, 2024 | 108.45% |
| Jan 31, 2024 | 30.24% |
| Jan 31, 2024 | 30.24% |