High Tide annual gross margin
2020
2021
2022
2023
2024
2025
High Tide Gross Margin Growth & History (HITI)
High Tide's gross margin was 25.85% for fiscal 2025.
View full High Tide company overviewHigh Tide annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-10-31 | 25.85% | −1.44 pp |
| 2024 | 2024-10-31 | 27.28% | +0.36 pp |
| 2023 | 2023-10-31 | 26.93% | −1.36 pp |
| 2022 | 2022-10-31 | 28.29% | −7.04 pp |
| 2021 | 2021-10-31 | 35.33% | −1.68 pp |
| 2020 | 2020-10-31 | 37.00% | — |
High Tide gross margin trends
Over the last five fiscal years, High Tide's gross margin decreased from 37.00% to 25.85%, a change of −11.16 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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 ...
