High Tide annual operating margin
2020
2021
2022
2023
2024
2025
High Tide Operating Margin Growth & History (HITI)
High Tide's operating margin was −2.43% for fiscal 2025.
View full High Tide company overviewHigh Tide annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-10-31 | −2.43% | −3.39 pp |
| 2024 | 2024-10-31 | 0.96% | +9.45 pp |
| 2023 | 2023-10-31 | −8.49% | +11.77 pp |
| 2022 | 2022-10-31 | −20.26% | −9.95 pp |
| 2021 | 2021-10-31 | −10.31% | −10.42 pp |
| 2020 | 2020-10-31 | 0.11% | — |
High Tide quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-04-30 | 4.52% | +2.79 pp |
| Q1 2026 | 2026-01-31 | 2.32% | — |
| Q4 2025 | 2025-10-31 | 3.73% | — |
| Q3 2025 | 2025-07-31 | 3.60% | — |
| Q2 2025 | 2025-04-30 | 1.72% | — |
High Tide operating margin trends
Over the last five fiscal years, High Tide's operating margin decreased from 0.11% to −2.43%, a change of −2.54 percentage points. The latest reported quarter, Q2 2026, shows 4.52%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ...
