High Tide logo

High Tide(NASDAQ) HITI

Market Cap$242.47MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)-46%
5 Year-58%
1 Year-24%
1 Month+11%
$2.71
-0.55%
-0.01Today
After hours$2.70-$0.01 (-0.19%)
High Tide last closing stock price
MetricPriceDate
Last closeUSD 2.722026-09-23
High Tide stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.12%USD 2.692026-09-16
1 month+10.57%USD 2.462026-08-24
3 month+23.64%USD 2.202026-06-25
Year to date+2.64%USD 2.652025-12-31
1 year-24.44%USD 3.602025-09-23
3 year+37.37%USD 1.982023-09-22
5 year-57.89%USD 6.462021-09-24
Since inception-45.76%USD 5.012019-02-04

High Tide Financials at a Glance

Market Cap

$242.47MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$722.95M

Net Income (TTM)

-CA$33.21M

EPS (TTM)

-$0.28

P/E Ratio

-9.87

Dividend

$0.00

Beta (Volatility)

1.08 (Average)

Price

$2.71

Volume

520,659.502

Open

$2.68

Previous Close

$2.70

Daily Range

$2.65 - $2.73

52-Week Range

$2.02 - $3.91

Estimated Earnings Date

Feb 4, 2027

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About High Tide

High Tide Inc. is a leading cannabis retailer with a robust presence in Canada, Europe, and the United States. The company specializes in the design, manufacturing, and distribution of smoking accessories and cannabis lifestyle products, operating both retail and e-commerce platforms.

Products and Services
  • Retail cannabis products through company-operated and franchised outlets
  • Manufacturing and distribution of smoking accessories
  • Data analytics services and e-commerce platforms like Grasscity.com
Growth Outlook
  • Managed 139 retail locations across Canada as of August 2022
  • Revenue increased to CAD 201 million in Q3 2026, up from CAD 179 million in Q2 2026
  • Positive cash flow from operations of CAD 10 million in Q3 2026
Financial Highlights
  • Net income of CAD 11.4 million reported in Q3 2026
  • Gross profit margin improved to 11.4% in Q3 2026
  • Operating income of CAD 10.7 million in Q3 2026
High Tide Inc. has established itself as a significant player in the cannabis retail market, leveraging its extensive network of retail locations and e-commerce platforms. The company has shown a strong upward trend in revenue, with a notable increase in Q3 2026, reflecting effective operational strategies and market demand. The positive cash flow from operations indicates a healthy financial position, allowing for potential reinvestment and growth opportunities. The improvement in gross profit margin and operating income further underscores the company's ability to manage costs effectively while expanding its market presence. Overall, High Tide Inc. presents a compelling case for potential investors interested in the evolving cannabis industry.
AI Generated • Sep 23, 2026

Industry

Pharmaceuticals

Employees

1,832

CEO

Raj Grover

Headquarters

Calgary, AB T3K 2M4, CA

HITI Financials

Key Financial Metrics (TTM)

Gross Margin

13.90%

Operating Margin

4.02%

Net Income Margin

-4.63%

Return on Equity

-36.06%

Return on Capital

-6.11%

Return on Assets

-9.03%

Earnings Yield

-10.13%

Dividend Yield

0.00%

Payout Ratio

-4.27%

Stock Overview

Market Cap

$242.47MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

89.14M

Volume

520.66K

Avg. Volume

537.32K

Financials (TTM)

Gross Profit

CA$128.72M

Operating Income

CA$3.75M

EBITDA

CA$4.41M

Operating Cash Flow

CA$24.77M

Capital Expenditure

-CA$8.85M

Free Cash Flow

CA$15.92M

Cash & ST Invst.

CA$47.22M

Total Debt

CA$123.53M

High Tide Performance Analysis

High Tide annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31CAD 277,071,70692.5%
20232023-10-31CAD 361,556,85330.5%
20242024-10-31CAD 383,668,3876.1%
20252025-10-31CAD 424,162,48010.6%
High Tide sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-10-319.6%
Q12026-01-318.9%
Q22026-04-300.4%
Q32026-07-3112.1%
High Tide annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31CAD -0.8932.7%
20232023-10-31CAD -0.39-55.8%
20242024-10-31CAD -0.04-89.8%
20252025-10-31CAD -0.441002.5%
High Tide sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-10-31-7747.1%
Q12026-01-31102.7%
Q22026-04-30-115.9%
Q32026-07-315554.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

CA$201.02M

+34.3%

Gross Profit

CA$22.87M

-43.0%

Gross Margin

11.38%

N/A

Market Cap

$242.47MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$132.35K

N/A

Employees

1,832

N/A

Net Income

CA$11.42M

+1809.0%

EBITDA

CA$17.42M

+68.8%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

CA$47.22M

-26.1%

Total Debt

CA$123.53M

+53.7%

Accounts Receivable

CA$10.20M

+187.4%

Inventory

CA$67.49M

+115.9%

Long Term Debt

CA$97.82M

+61.6%

Short Term Debt

CA$25.72M

+29.7%

Return on Assets

-9.03%

N/A

Return on Invested Capital

10.65%

N/A

Free Cash Flow

CA$9.27M

+10.0%

Operating Cash Flow

CA$10.20M

-4.2%

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Questions About HITI

What is the current price of High Tide?

High Tide is trading at $2.70 per share.

What is the 52-week range for High Tide?

Over the past 52 weeks, High Tide has traded between $2.02 and $3.91.

How much debt does High Tide have?

As of the most recent reporting period, High Tide reported total debt of CA$88.01M.

How much cash does High Tide have on hand?

High Tide reported CA$33.59M in cash and cash equivalents in its most recent financial results.

What is High Tide’s dividend yield?

High Tide does not currently have a dividend yield.

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