Q2 was a powerful quarter for High Tide. We delivered record revenue, record Adjusted EBITDA, positive net income, and continued free cash flow generation. Remexian continues to perform exceptionally well in Germany, while our loyalty ecosystem and retail platform keep delivering. Proud of our team. We are just getting started. $HITI
Another record quarter for High Tide.
Q2 FY2026: $179.3M revenue (+30% YoY, fastest growth in 11 quarters), record $13.9M Adjusted EBITDA (+73% YoY), positive net income and free cash flow, plus a $40M BMO credit agreement.
Full release: https://t.co/6sf2eGybCq
42% of this year's dollar volume traded just in the last 30 trading days.
With 70 days left, 2025 could still surpass 2021โs volume if this pace continues.
$HITI
โถ๏ธ $HITI @HighTide_HITI Founder & CEO @RajGrover_HITI
๐ฃ๏ธ "There may be an opportunity where we're able to bring the Canna Cabana brand ahead of our entry into the USA, and eventually acquire it."
๐ฆ WATCH: https://t.co/WzGkF3JGAQ
๐บ๐ธ๐จ๐ฆ๐ฉ๐ช๐โ๏ธ๐ฟ๐ฅฆ
๐งบ ETFs: $YOLO $MSOS $CNBS $WEED
๐จ $HITI Earnings Report is OUT!
โข Revenue of $149.7M vs. $146M est. ๐ข
โข Adj. EBITDA of $10.6M vs. $8.4 est. ๐ข
โข EPS of $0.00 vs. ($0.01) est. ๐ข
โข FCF of $7.7M, up 148% YoY
โข ELITE Members up 102% YoY
Note: $HITI reported preliminary results last month, so we already knew it would be a beat across the board.
The updated estimates were $147.9M in revenue and $9.6M in adjusted EBITDA.
High Tide Reports Financial Results for Third Fiscal Quarter Featuring Record Revenue and Adjusted EBITDA, Along With Positive Free Cash Flow and Net Income
$HITI
https://t.co/pY0JX9uWWl
We just delivered the best quarter in our history, setting multiple financial records. ๐ With loyalty at the core of @HighTide_HITI, combined with our entry into the fast-growing German medical cannabis market, our growth trajectory is stronger than ever. $HITI
Raj Grover @RajGrover_HITI, Founder and Chief Executive Officer of High Tide @HighTide_HITI $HITI
"Adding two new Cabana stores in Saskatchewan and Ontario is another step forward in our mission to make quality cannabis more accessible and affordable for Canadians. With many more stores in our pipeline, I remain confident we will achieve the higher end of our 2025 target range. Beyond ๐จ๐ฆ Canada, our ๐ฉ๐ช German entry and the potential for ๐บ๐ธ U.S. reform open the door for even greater opportunities, putting High Tide at the center of a global cannabis growth story."