High Tide Inc. income statement

In fiscal 2025, High Tide Inc. reported revenue of $424m, up 10.5% on the year before, operating income of −$10.3m (a -2.4% margin) and net income of −$36.2m, or −$0.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

High Tide Inc.: income statement, annual
Fiscal year	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Oct 2025
Revenue	62	144	277	362	384	424
Cost of revenue	39	93	199	264	279	314
Gross profit	23	51	78	97	105	110
Operating income	0	−15	−56	−31	4	−10
Interest expense	—	0	1	0	0	1
Income before tax	−5	−28	−57	−36	−3	−37
Income tax	0	−1	−2	−6	−0	−0
Net income	−5	−27	−56	−29	−3	−36
Diluted EPS	−$0.34	−$0.67	−$0.89	−$0.39	−$0.04	−$0.44
Diluted shares (average)	15m	42m	63m	74m	80m	82m
EBITDA	5	4	−33	−6	22	7

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from High Tide Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to High Tide Inc.