HITI
High Tide Inc
NASDAQ: HITI · HEALTHCARE · PHARMACEUTICAL RETAILERS
$2.44
+1.67% today
Updated 2026-04-30
Market cap
$224.14M
P/E ratio
—
P/S ratio
0.36x
EPS (TTM)
$-0.42
Dividend yield
—
52W range
$2 – $4
Volume
0.5M
High Tide Inc (HITI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.34M | $9.99M | $8.75M | $31.29M | $83.27M | $181.12M | $356.85M | $487.67M | $522.31M | $593.99M |
| Revenue growth (YoY) | — | +19.8% | -12.5% | +257.7% | +166.1% | +117.5% | +97.0% | +36.7% | +7.1% | +13.7% |
| Cost of revenue | $4.05M | $5.29M | $5.64M | $19.98M | $52.45M | $117.14M | $255.90M | $356.36M | $379.80M | $440.46M |
| Gross profit | $4.30M | $4.71M | $3.11M | $11.32M | $30.81M | $63.98M | $100.95M | $131.31M | $142.50M | $153.53M |
| Gross margin | 51.5% | 47.1% | 35.5% | 36.2% | 37.0% | 35.3% | 28.3% | 26.9% | 27.3% | 25.8% |
| R&D | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.15M | $3.18M | $5.92M | $27.21M | $22.21M | $50.82M | $83.03M | $97.07M | $97.63M | $110.60M |
| Operating income | $1.62M | $958839.00 | $-3.73M | $-19.87M | $91000.00 | $-18.67M | $-72.31M | $-41.42M | $5.00M | $-14.45M |
| Operating margin | 19.5% | 9.6% | -42.7% | -63.5% | 0.1% | -10.3% | -20.3% | -8.5% | 1.0% | -2.4% |
| EBITDA | $1.70M | $728420.00 | $-5.80M | $-22.29M | $8.67M | $-1.96M | $-33.65M | $30.05M | $33.78M | $-13.74M |
| EBITDA margin | 20.3% | 7.3% | -66.3% | -71.2% | 10.4% | -1.1% | -9.4% | 6.2% | 6.5% | -2.3% |
| EBIT | $1.62M | $700130.00 | $-5.89M | $-23.69M | $1.88M | $-25.53M | $-63.81M | $29.88M | $8.39M | $-38.05M |
| Interest expense | — | $138747.00 | $147540.00 | $1.83M | $8.00M | $10.24M | $9.95M | $11.63M | $12.79M | $13.38M |
| Income tax | $468153.00 | $265067.00 | $-1.50M | $-708000.00 | $229000.00 | $-730000.00 | $-2.92M | $-7.64M | $-593000.00 | $-25000.00 |
| Effective tax rate | 27.8% | 47.2% | 24.9% | 2.6% | -3.4% | 2.1% | 3.9% | 16.3% | 12.0% | 0.0% |
| Net income | $1.22M | $296316.00 | $-4.52M | $-26.29M | $-6.97M | $-34.36M | $-71.76M | $-39.31M | $-4.34M | $-50.75M |
| Net income growth (YoY) | — | -75.6% | -1625.4% | -481.7% | +73.5% | -393.1% | -108.9% | +45.2% | +89.0% | -1070.1% |
| Profit margin | 14.6% | 3.0% | -51.7% | -84.0% | -8.4% | -19.0% | -20.1% | -8.1% | -0.8% | -8.5% |