High Tide HITI Revenue Breakdown

NASDAQ HITI
$2.65 -0.05 (-1.85%)
At close: Oct 22, 2026 · 4:00 PM EDT
Annual revenue breakdowns for High Tide, fiscal 2020 to 2025, as reported in its filings.
Annual history

High Tide Revenue by Segments [axis]

Years FY 2020–2025
Lines 3
FY 2025 Total $593.99M

Bricks-&-Mortar was High Tide’s largest segment in fiscal 2025, bringing in $565.32M of $593.99M (95%).

High Tide revenue by segments [axis], fiscal 2020 to 2025
Segments [axis] FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Bricks-&-Mortar — — $484.44M $565.32M
E-Commerce — $55.98M $37.86M $18.86M
Medical Cannabis Distribution — — — $9.81M
Total $356.85M $487.67M $522.31M $593.99M
Totals include 4 discontinued lines from earlier reporting.

High Tide revenue by segments [axis]: what the figures show

High Tide brought in $593.99M from its three segments in fiscal 2025, the year ended October 31, 2025. High Tide regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $522.31M. Bricks-&-Mortar was the largest at $565.32M (95.2%), ahead of E-Commerce at $18.86M (3.2%) and Medical Cannabis Distribution at $9.81M (1.7%).

Compared with fiscal 2024, Bricks-&-Mortar grew 16.7% to $565.32M, while E-Commerce fell 50.2% to $18.86M.

High Tide began breaking out Bricks-&-Mortar in fiscal 2024, E-Commerce in fiscal 2023 and Medical Cannabis Distribution in fiscal 2025. High Tide stopped reporting Bricks & Mortar ($431.69M in fiscal 2023), Retail ($352.46M in fiscal 2022), Wholesale ($4.27M in fiscal 2022) and one other as separate segments.

Annual history

High Tide Revenue by Products & services [axis]

Years FY 2020–2025
Lines 3
FY 2025 Total $593.99M

Cannabis & Hemp-Derived Products was High Tide’s largest revenue line in fiscal 2025, bringing in $521.08M of $593.99M (88%).

High Tide revenue by products and services [axis], fiscal 2020 to 2025
Products and services [axis] FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cannabis & Hemp-Derived Products — — $452.79M $521.08M
Consumption Accessories $45.15M $43.74M $32.80M $25.20M
Data Analytics, Advertising & Other Revenue — $27.41M $36.71M $47.71M
Total $356.85M $487.67M $522.31M $593.99M
Totals include 4 discontinued lines from earlier reporting.

High Tide revenue by products and services [axis]: what the figures show

High Tide brought in $593.99M from its three revenue lines in fiscal 2025, the year ended October 31, 2025. That was up 13.7% from $522.31M in fiscal 2024. Cannabis & Hemp-Derived Products was the largest at $521.08M (87.7%), ahead of Data Analytics, Advertising & Other Revenue at $47.71M (8.0%) and Consumption Accessories at $25.20M (4.2%).

Compared with fiscal 2024, Data Analytics, Advertising & Other Revenue grew fastest, up 29.9% to $47.71M, while Consumption Accessories fell the most, down 23.2% to $25.20M.

High Tide began breaking out Cannabis & Hemp-Derived Products in fiscal 2024 and Data Analytics, Advertising & Other Revenue in fiscal 2023. High Tide stopped reporting Cannabis & Cbd Products ($416.51M in fiscal 2023), Cannabis & Cbd ($288.29M in fiscal 2022), Data Analytics Services ($21.65M in fiscal 2022) and one other as separate revenue lines.

Annual history

High Tide Revenue by Geography

Years FY 2020–2025
Lines 3
FY 2025 Total $593.99M

Canada was High Tide’s largest region in fiscal 2025, bringing in $565.32M of $593.99M (95%).

High Tide revenue by geography, fiscal 2020 to 2025
Geography FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Canada $290.44M $431.69M $484.44M $565.32M
Usa $59.87M $52.78M $36.06M $18.13M
International $6.55M $3.20M $1.80M $10.54M
Total $356.85M $487.67M $522.31M $593.99M

High Tide revenue by geography: what the figures show

High Tide brought in $593.99M from its three regions in fiscal 2025, the year ended October 31, 2025. That was up 13.7% from $522.31M in fiscal 2024. Canada was the largest at $565.32M (95.2%), ahead of Usa at $18.13M (3.1%) and International at $10.54M (1.8%).

Compared with fiscal 2024, Canada grew 16.7% to $565.32M, while Usa fell 49.7% to $18.13M. From fiscal 2022 to 2025, combined revenue from these regions grew from $356.85M to $593.99M, a compound annual growth rate of 18.5%. Canada's share of the total rose from 81.4% to 95.2%.

Questions

High Tide Revenue Breakdown FAQ

How does High Tide make money?

High Tide (HITI) reports its revenue by segments [axis], by products and services [axis] and by geography. In fiscal 2025, Bricks-&-Mortar was its largest segment, bringing in $565.32M (95.2% of the total), followed by E-Commerce at $18.86M (3.2%).

What is High Tide's largest segment?

Bricks-&-Mortar was High Tide's largest segment in fiscal 2025, bringing in $565.32M, or 95.2% of the $593.99M total across its three segments.

What is High Tide's largest revenue line?

Cannabis & Hemp-Derived Products was High Tide's largest revenue line in fiscal 2025, bringing in $521.08M, or 87.7% of the $593.99M total across its three revenue lines.

What is High Tide's largest region?

Canada was High Tide's largest region in fiscal 2025, bringing in $565.32M, or 95.2% of the $593.99M total across its three regions.

Which High Tide revenue line is growing the fastest?

Among High Tide's revenue lines that make up at least 2% of revenue, Data Analytics, Advertising & Other Revenue grew fastest in fiscal 2025, up 29.9% from $36.71M to $47.71M.

Where does this revenue breakdown data come from?

Every figure comes from High Tide's annual financial filings, as reported. Each line keeps the name High Tide gives it, and years follow its fiscal calendar.

How far back does High Tide's revenue breakdown go?

High Tide's revenue by segments [axis] goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.