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High Tide Inc. (HITI) Stock Falls on Q4 2025 Earnings

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High Tide Inc. (HITI) reported fourth-quarter 2025 results with total revenue of $112.4 million, up 16.2% year-over-year.

Key profit and margin figures:

  • Gross profit: $29.2 million (down 141.8% YoY).
  • Operating profit: $4.3 million (down 104.5% YoY).
  • Net loss attributable to common shareholders: -$32.4 million (change of +864.9% YoY).
  • Diluted earnings per share: -$0.40 (change of +566.7% YoY).
  • Cost of sales: $82.7 million (up 18.4% YoY).
  • Cash flow and balance sheet highlights:

  • Cash from operating activities: -$15.2 million (down 695.9% YoY).
  • Purchases of property, plant and equipment: -$1.6 million (up 24.9% YoY).
  • Cash and cash equivalents: $34.1 million (up 0.5% YoY).
  • Total liabilities: $175.3 million (up 142.5% YoY).
  • Market reaction and context: shares moved about 2.8% since market close, while the quarter showed revenue growth alongside widening net losses and sharply higher liabilities, highlighting pressure on profitability and cash generation for High Tide (HITI).

    Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    High Tide INC. Hedge Fund Activity

    We have seen 28 institutional investors add shares of High Tide INC. stock to their portfolio, and 15 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

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