Skip to Main Content
×
Quiver Logo Get a Free Trial on Quiver Premium Today!
Back to News

High Tide Inc. (HITI) Stock Rises on Q1 2026 Earnings

None

High Tide Inc. ($HITI) reported results for Q1 2026: total revenue rose 33.59% year-over-year to $130.9 million, while gross profit increased 33.73% to $32.6 million. Cost of sales was $97.8 million, up 32.86% year-over-year.

Key income-statement highlights:

  • Operating profit: $2.5 million (+136.67% YoY).
  • Net income attributable to common shareholders: $0.9 million (-145.8% YoY).
  • Diluted earnings per share: $0.01 (-150.0% YoY).
  • Cash from operating activities: $4.3 million (+817.01% YoY).
  • Balance-sheet and cash-flow notes:

  • Cash and cash equivalents: $27.3 million (+19.27% YoY).
  • Total liabilities: $179.4 million (+188.05% YoY).
  • Purchases of property, plant and equipment: -$1.4 million (-25.8% YoY).
  • The stock moved 5.1% since market close following the release.

    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 30 institutional investors add shares of High Tide INC. stock to their portfolio, and 25 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.

    Add Quiver Quantitative to your preferred sources on Google Google News Logo

    Suggested Articles