HITINasdaqRetail-Retail Stores, NECFiscal year ends October 31

High Tide Inc.

Financials through fiscal 2025, year ended Oct 31, 2025

$2.62+0.05 (+1.95%)

Close on Oct 19, 2026

High Tide Inc. income statement

AnnualQuarterlyTTM

CAD USD

Millions of CAD, except per-share data. Shares in millions.

Line item	FY 2025 2025-10-31	FY 2024 2024-10-31	FY 2023 2023-10-31	FY 2022 2022-10-31	FY 2021 2021-10-31	FY 2020 2020-10-31
Revenue	594	522	488	357	181	83
Cost of Revenue	440	380	356	256	117	52
Gross Profit	154	143	131	101	64	31
Advertising Expenses	3.19	4.17	4.14	7.87	3.44	0.43
Operating Expenses	168	137	173	173	83	31
Operating Income	-14	5.00	-41	-72	-19	0.09
Interest Expense	–	–	1.30	1.90	0	–
Asset Impairment Charges	–	–	–	–	2.73	0.71
Pretax Income	-51	-4.40	-49	-74	-36	-6.13
Income Tax Expense	-0.03	-0.59	-7.64	-2.92	-0.73	0.23
Net Income incl. Noncontrolling Interests	-51	-3.81	-41	-71	-35	-6.35
Minority Interest in Earnings	-0.66	0.53	-1.64	0.91	-0.68	0.61
Net Income	-51	-4.34	-39	-72	-34	-6.97
EPS (Basic)(per share)	-0.62	-0.05	-0.53	-1.14	-0.84	-0.46
EPS (Diluted)(per share)	-0.62	-0.05	-0.53	-1.14	-0.84	-0.46
Shares Outstanding (Basic, Weighted)(shares)	82	80	74	63	42	15
Shares Outstanding (Diluted, Weighted)(shares)	82	80	74	63	42	15
EBITDA	9.86	30	-8.66	-42	4.89	6.89

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Oct 31, 2025

Profitability, FY2025

Gross margin: 25.8%
Operating margin: -2.4%
Net margin: -8.5%
Return on equity, FY2025: -44.0%

Financial strength

Current ratio: 1.37
Debt to equity: 0.34
Debt to assets: 8.5%
Cash to current liabilities: 47.9%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.