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High Tide

HITI · Consumer Discretionary

Last earnings Sep 14, 2026

Key results

RECORD Quarterly revenuequarter

$199 Million

RECORD Quarterly Revenue of $199 Million and Annualized Revenue Run Rate of Approximately $800 Million &bull

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Annualized revenuequarter

$800 Million

RECORD Quarterly Revenue of $199 Million and Annualized Revenue Run Rate of Approximately $800 Million &bull

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

RECORD net incomequarter

$12.7 Million

RECORD Net Income of $12.7 Million &bull

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

With free cash flowquarter

$7.0 Million

With Free Cash Flow of $7.0 Million &bull

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Revenuequarter

$800 million

"High Tide is approaching an $800 million annualized revenue run rate, our Adjusted EBITDA margin is at its highest level in twelve quarters, and we continue to generate meaningful free cash flow while investing aggressively in growth.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Third Fiscal Quarter 2026 - Financial Highlights: • Revenue was a record $198.8 million for the three months ended July 31, 2026 compared to $149.7 million during the same period last year, an increase of 33%, representing the fastest growth rate in 13 quarters.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Revenuefull-year

11%

Revenue was up 11% sequentially, representing the fastest growth rate in 15 quarters.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Gross marginfull-year

27%

• Gross margin was 27% for the three months ended July 31, 2026, which was consistent with a year ago and sequentially.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Free cash flowquarter

$7.0 million

• The Company generated $7.0 million in free cash flow in the three months ended July 31, 2026.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

AI analysis

Q3 2026 · reported Sep 14, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Revenue · Q3 2026
$800M
EX-99 · Sep 14, 2026
Gross margin · Full year
27%
EX-99 · Sep 14, 2026
With free cash flow · Q3 2026
$7.0M
EX-99 · Sep 14, 2026
RECORD net income · Q3 2026
$12.7M
EX-99 · Sep 14, 2026

The quarter in charts

Segment mix

Business-unit revenue, as stated

0300600900$800MAnnualized$199MRECORD Quarterly

Segment revenue figures as stated in the event record.

Headline figures

MetricQ3 2026Prior qtrYear ago
RECORD Quarterly revenue$199 Million——
Annualized revenue$800 Million——
RECORD net income$12.7 Million——
With free cash flow$7.0 Million——
Revenue$800 million——
Free cash flow$7.0 million——

EX-99 · Sep 14, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross marginfull year27%

Cash flow & capex

With free cash flow$7.0M
Free cash flow$7.0M
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

High Tide Q3 2026 — RECORD Quarterly Revenue of $199 Million and Annualized Revenue Run Rate of Approximately $800 Million &bull

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Strategy & priorities

White Label Initiatives The Company continues to expand its white label cannabis product portfolio under its flagship Queen of Bud and Cabana Cannabis Co.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

The Company continues to assess potential opportunities in other European jurisdictions, and is committed to being strategic on any entry with the aim of maximizing shareholder value.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

National Compassionate Care Council, the Company and its subsidiary, NuLeaf Naturals, remain focused on helping to shape thoughtful federal and state medical cannabis policy while supporting efforts to expand patient access to cannabinoid therapies.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Risks & headwinds

Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.

SEC original ↗High Tide — Earnings release (6-K exhibit)EX-99Sep 14, 2026

Documents

Earnings deck slides

0 decks with slide view

High Tide — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

High Tide — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

31 documents

Earnings releases

1 document

Presentations

2 documents

Transcripts

0 documents

No transcripts for High Tide are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention High Tide by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.