High Tide annual free cash flow
2020
2021
2022
2023
2024
2025
High Tide Free Cash Flow (FCF) History (HITI)
High Tide reported $13.8M in free cash flow for fiscal 2025, a decrease of 49.57% from the previous fiscal year, with a free cash flow margin of 2.32%.
View full High Tide company overviewHigh Tide free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-10-31 | $13.8M | −$13.5M | −49.57% | +2.32% |
| 2024 | 2024-10-31 | $27.3M | $12.5M | +83.72% | +5.23% |
| 2023 | 2023-10-31 | $14.9M | $18.1M | — | +3.05% |
| 2022 | 2022-10-31 | −$3.3M | $10.1M | — | −0.91% |
| 2021 | 2021-10-31 | −$13.4M | −$19.9M | — | −7.39% |
| 2020 | 2020-10-31 | $6.6M | — | — | +7.87% |
High Tide quarterly free cash flow
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-04-30 | $2.2M | −$3.5M | −61.90% | +1.21% |
| Q1 2026 | 2026-01-31 | $3.2M | — | — | +1.77% |
| Q4 2025 | 2025-10-31 | $1.2M | — | — | +0.70% |
| Q3 2025 | 2025-07-31 | $8.4M | — | — | +5.63% |
| Q2 2025 | 2025-04-30 | $5.7M | — | — | +4.13% |
High Tide free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $6.6M to $13.8M, a compound annual growth rate of 16.02%. High Tide's latest reported quarter, Q2 2026, generated $2.2M in free cash flow, a decrease of 61.90% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review High Tide source filings ↗Community posts
High Tide grows quarterly revenue 33%, with cash flow still below last year
High Tide ($HITI) reported fiscal third-quarter revenue of C$198.8 million, up 33%, and adjusted EBITDA of C$16.2 million, up 53%. Operating income increased to C$8.7 million. The German medical-cannabis business contributed C$38.2 million ...
