High Tide Inc. (HITI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 179.3M | 178.61M | 164.03M | 149.69M | 137.8M | 142.46M | 138.29M | 131.69M | 124.26M | 128.07M | 127.11M | 124.35M | 118.14M | 118.08M | 108.25M | 95.35M | 81.03M | 72.22M | 53.87M | 48.07M |
| Revenue Growth % | 30.11% | 25.37% | 18.61% | 13.67% | 10.9% | 11.24% | 8.8% | 5.9% | 5.18% | 8.46% | 17.42% | 30.41% | 45.79% | 63.5% | 100.95% | 98.37% | 98.27% | 88.47% | 100.77% | 99.43% |
| Cost of Goods Sold | 130.91M | 163.68M | 121.5M | 109.6M | 102.33M | 107.02M | 102.54M | 96.23M | 88.96M | 92.07M | 94.12M | 89.77M | 86.57M | 85.89M | 78.73M | 69.6M | 58.34M | 49.24M | 36.33M | 31.39M |
| COGS % of Revenue | 73.01% | 91.64% | 74.07% | 73.22% | 74.26% | 75.12% | 74.15% | 73.08% | 71.59% | 71.89% | 74.05% | 72.19% | 73.28% | 72.75% | 72.73% | 72.99% | 71.99% | 68.18% | 67.44% | 65.3% |
| Gross Profit | 48.39M | 14.93M | 42.53M | 40.09M | 35.47M | 35.44M | 35.76M | 35.45M | 35.3M | 35.99M | 32.98M | 34.58M | 31.57M | 32.18M | 29.52M | 25.75M | 22.69M | 22.98M | 17.54M | 16.68M |
| Gross Margin % | 26.99% | 8.36% | 25.93% | 26.78% | 25.74% | 24.88% | 25.85% | 26.92% | 28.41% | 28.11% | 25.95% | 27.81% | 26.72% | 27.25% | 27.27% | 27.01% | 28.01% | 31.82% | 32.56% | 34.7% |
| Gross Profit Growth % | 36.42% | -57.87% | 18.94% | 13.08% | 0.49% | -1.54% | 8.4% | 2.53% | 11.82% | 11.85% | 11.74% | 34.26% | 39.11% | 40.03% | 68.31% | 54.42% | 51.31% | 55.62% | 86.2% | 74.85% |
| Operating Expenses | 40.29M | 10.79M | 61.71M | 36.35M | 34.54M | 35.37M | 38.59M | 32.4M | 33.31M | 33.2M | 67.19M | 35.24M | 34.21M | 36.1M | 83.52M | 30.43M | 30.27M | 29.13M | 22.39M | 23.95M |
| OpEx % of Revenue | 22.47% | 6.04% | 37.62% | 24.28% | 25.06% | 24.83% | 27.9% | 24.6% | 26.81% | 25.93% | 52.86% | 28.34% | 28.96% | 30.58% | 77.16% | 31.91% | 37.36% | 40.33% | 41.56% | 49.82% |
| Selling, General & Admin | 34.15M | 32.25M | 29.9M | 28.63M | 27.21M | 28.04M | 26.62M | 25.29M | 24.69M | 25.2M | 23.24M | 25.43M | 25.39M | 27.15M | 25.56M | 22.5M | 21.79M | 21.05M | 16.99M | 15.23M |
| SG&A % of Revenue | 19.04% | 18.06% | 18.23% | 19.12% | 19.75% | 19.68% | 19.25% | 19.2% | 19.87% | 19.67% | 18.28% | 20.45% | 21.5% | 23% | 23.61% | 23.59% | 26.89% | 29.15% | 31.54% | 31.68% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 8.1M | 4.14M | -19.19M | 3.74M | 932K | 67K | -2.83M | 3.06M | 1.99M | 2.79M | -34.2M | -662K | -2.64M | -3.92M | -54.01M | -4.67M | -7.58M | -6.15M | -4.85M | -7.27M |
| Operating Margin % | 4.52% | 2.32% | -11.7% | 2.5% | 0.68% | 0.05% | -2.05% | 2.32% | 1.6% | 2.18% | -26.91% | -0.53% | -2.24% | -3.32% | -49.89% | -4.9% | -9.35% | -8.51% | -9.01% | -15.12% |
| Operating Income Growth % | 768.99% | 6079.87% | -577.71% | 22.39% | -53.1% | -97.6% | 91.72% | 561.48% | 175.21% | 171.19% | 36.67% | 85.82% | 65.14% | 36.2% | -1013.28% | 35.74% | -67.99% | -200.59% | -948.08% | -547.48% |
| EBITDA | 14.24M | 12.18M | -12.68M | 9.82M | 6.81M | 5.91M | 2.53M | 8.73M | 9.49M | 9.64M | -25.62M | 7.83M | 5.06M | 4.06M | -45.76M | 2.51M | 49K | 964K | -3.39M | 1.03M |
| EBITDA Margin % | 7.95% | 6.82% | -7.73% | 6.56% | 4.94% | 4.15% | 1.83% | 6.63% | 7.64% | 7.53% | -20.16% | 6.3% | 4.28% | 3.44% | -42.27% | 2.63% | 0.06% | 1.33% | -6.3% | 2.15% |
| EBITDA Growth % | 109.12% | 105.94% | -601.11% | 12.44% | -28.23% | -38.65% | 109.88% | 11.5% | 87.7% | 137.2% | 44% | 211.78% | 10220.41% | 321.58% | -1248.54% | 143.41% | -98.47% | -76.19% | -244.51% | -69.6% |
| D&A (Non-Cash Add-back) | 6.15M | 8.04M | 6.5M | 6.08M | 5.88M | 5.85M | 5.36M | 5.68M | 7.5M | 6.85M | 8.58M | 8.49M | 7.7M | 7.99M | 8.25M | 7.18M | 7.63M | 7.11M | 1.46M | 8.3M |
| EBIT | 5.35M | 4.61M | -43.66M | 4.24M | 519K | 850K | -1.01M | 4.61M | 2.13M | 2.66M | -33.7M | -126K | -707K | -1.98M | -51.7M | 232K | -6.68M | -5.99M | -2.87M | -11K |
| Net Interest Income | -5.03M | -4.93M | -2.96M | -2.48M | -3.4M | -3.64M | -3.95M | -3.11M | -2.83M | -2.9M | -2.69M | -3.24M | -2.9M | -2.78M | -2.58M | -2.22M | -2.4M | -2.43M | -1.54M | -1.51M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 5.03M | 4.93M | 2.96M | 2.48M | 3.4M | 3.64M | 3.95M | 3.11M | 2.83M | 2.9M | 2.69M | 3.24M | 2.9M | 2.78M | 2.58M | 2.22M | 2.4M | 2.43M | 1.54M | 1.51M |
| Other Income/Expense | -7.78M | -4.45M | -27.7M | -2.84M | -3.72M | -2.72M | -2.12M | -1.56M | -2.69M | -3.03M | -2.18M | -2.71M | -967K | -1.18M | -279K | 2.68M | -1.5M | -2.27M | -743K | 5.74M |
| Pretax Income | 319K | -312.49K | -46.89M | 901K | -2.79M | -2.65M | -4.96M | 1.5M | -707K | -238K | -36.38M | -3.37M | -3.61M | -5.1M | -54.28M | -1.99M | -9.08M | -8.42M | -5.59M | -1.53M |
| Pretax Margin % | 0.18% | -0.18% | -28.59% | 0.6% | -2.02% | -1.86% | -3.58% | 1.14% | -0.57% | -0.19% | -28.62% | -2.71% | -3.06% | -4.32% | -50.15% | -2.08% | -11.2% | -11.65% | -10.38% | -3.17% |
| Income Tax | 295K | 40.06K | -178K | 69K | 46K | 38K | -153K | 671K | -878K | -233K | -4.58M | 204K | -2.04M | -1.24M | -1.78M | 731K | -800K | -1.06M | -1.42M | 224K |
| Effective Tax Rate % | 92.48% | -12.82% | 0.38% | 7.66% | -1.65% | -1.43% | 3.09% | 44.85% | 124.19% | 97.9% | 12.58% | -6.05% | 56.55% | 24.24% | 3.28% | -36.81% | 8.81% | 12.64% | 25.35% | -14.68% |
| Net Income | -197K | 1.21M | -45.64M | 598K | -2.9M | -2.81M | -4.69M | 717K | -25K | -340K | -30.79M | -2.86M | -1.54M | -3.94M | -52.89M | -2.33M | -8.3M | -7.83M | -4.88M | -1.68M |
| Net Margin % | -0.11% | 0.68% | -27.82% | 0.4% | -2.1% | -1.97% | -3.39% | 0.54% | -0.02% | -0.27% | -24.22% | -2.3% | -1.31% | -3.34% | -48.86% | -2.44% | -10.25% | -10.84% | -9.06% | -3.5% |
| Net Income Growth % | 93.2% | 142.98% | -873.32% | -16.6% | -11492% | -725.88% | 84.77% | 125.03% | 98.38% | 91.38% | 41.79% | -22.87% | 81.41% | 49.63% | -984.24% | -38.67% | 32.65% | 53.58% | -181.64% | -144.47% |
| Net Income (Continuing) | 24K | -352.55K | -46.71M | 832K | -2.84M | -2.69M | -4.8M | 825K | 171K | -5K | -31.8M | -3.57M | -1.57M | -3.86M | -52.5M | -2.72M | -8.28M | -7.35M | -4.18M | -1.75M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 13.26M | 13.62M | 15.18M | 2.09M | 1.85M | 2.36M | 2.24M | 2.55M | 2.44M | 2.44M | 2.11M | 3.13M | 5.43M | 5.18M | 5.68M | 6.94M | 6.75M | 7.43M | 4.79M | 3.49M |
| EPS (Diluted) | -0.00 | 0.01 | -0.52 | 0.01 | -0.04 | -0.04 | -0.00 | 0.01 | -0.00 | -0.00 | -0.41 | -0.04 | -0.02 | -0.05 | -0.74 | -0.04 | -0.14 | -0.14 | -0.09 | -0.04 |
| EPS Growth % | 94.5% | 139.09% | - | - | - | - | 98.93% | 123.04% | 98.57% | 91.74% | 44.59% | 11.78% | 85% | 61.93% | -770.59% | -15.16% | 53.33% | 77.42% | 22.73% | -115.67% |
| EPS (Basic) | -0.00 | 0.01 | -0.52 | 0.01 | -0.04 | -0.04 | -0.00 | 0.01 | -0.00 | -0.00 | -0.41 | -0.04 | -0.02 | -0.05 | -0.74 | -0.04 | -0.14 | -0.14 | -0.09 | -0.04 |
| Diluted Shares Outstanding | 87.87M | 87.72M | 87.48M | 88.58M | 80.94M | 79.56M | 79.56M | 81.1M | 78.98M | 78.15M | 75.3M | 74.98M | 74.62M | 72.41M | 71.02M | 62.68M | 60.05M | 57.39M | 57.39M | 48.37M |
| Basic Shares Outstanding | 87.87M | 87.72M | 87.48M | 81.32M | 80.94M | 79.56M | 79.56M | 80.4M | 78.98M | 78.15M | 75.3M | 74.98M | 74.62M | 72.41M | 71.02M | 62.68M | 60.05M | 57.39M | 57.39M | 48.37M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |