High TideHITI +2.05%68 Gross Margin % is 26.99% as of Apr. 2026, which is 24% below its 10-year median of 35.33. GuruFocus rates HITI with a GF Score™ of 68/100 and a GF Value™ of $2.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 629 Healthcare Providers & Services companies, High Tide ranks worse than 73.29% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. High Tide's Gross Profit for the
three
months ended in Apr. 2026 was $35.2 Mil. High Tide's Revenue for the
three
months ended in Apr. 2026 was $130.4 Mil. Therefore, High Tide's Gross Margin % for the quarter that ended in Apr. 2026 was 26.99%.
Warning Sign:
High Tide Inc gross margin has been in long-term decline. The average rate of decline per year is -7.2%.
The historical rank and industry rank for High Tide's Gross Margin % or its related term are showing as below:
HITI'
s Gross Margin % Range Over the Past 10 Years
Min: 25.85 Med: 35.33 Max: 47.11
Current: 26.13
During the past 9 years, the highestGross Margin % of High Tide was 47.11%. The lowest was 25.85%. And the median was 35.33%.
HITI's Gross Margin % is ranked worse than 73.29% of 629
companies
in the Healthcare Providers & Services industry
Industry Median: 40.09
vs HITI: 26.13
High Tide had a gross margin of 26.99% for the quarter that ended in Apr. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for High Tide was -7.20% per year.
High Tide (NAS:HITI) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
High Tide had a gross margin of 26.99% for the quarter that ended in Apr. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
High Tide Gross Margin % Related Terms
High Tide Gross Margin % Historical Data
* Premium members only.
The historical data trend for High Tide's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Pharmaceutical Retailers subindustry, High Tide's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
High Tide Gross Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Gross Margin % distribution charts can be found below:
* The bar in red indicates where High Tide's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
High Tide (HITI) has a Gross Margin % of 26.99% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on High Tide and its competitors. This is 24% below median its historical median of 35.33. Over the past decade, High Tide's Gross Margin % has ranged from 25.85 to 47.11. According to the industry distribution chart, High Tide ranks #461 out of 629 companies in the Healthcare Providers & Services industry, placing it in the top 73.3%.
Is High Tide's Gross Margin % too high?
High Tide's current Gross Margin % of 26.99% is 24% below median its 10-year median of 35.33. Over the past 10 years, this metric has ranged from a low of 25.85 to a high of 47.11. The Healthcare Providers & Services industry median Gross Margin % is 40.09. High Tide's value of 26.99% is 32.7% below this industry median. Based on the distribution chart, High Tide ranks #461 out of 629 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, High Tide has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Gross Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #461 out of 629 companies for Gross Margin %. This places High Tide in the lower half of its industry. The industry median Gross Margin % is 40.09. High Tide's value of 26.99% is 32.7% below this benchmark. Historically, High Tide's own Gross Margin % has ranged from 25.85 to 47.11 over the past decade. While the company's 10-year median is 35.33 vs. the industry median of 40.09, High Tide has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.09, based on 629 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current Gross Margin % of 26.99% is 32.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Gross Margin % is 26.99%, which is 24% below median its own 10-year median of 35.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.56, compared to a current price of $2.24 — trading 12.5% below its estimated fair value. The current Gross Margin % is 26.99%, which is 24% below median its 10-year median of 35.33 and 32.7% below the Healthcare Providers & Services industry median of 40.09. High Tide's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For High Tide (HITI), the current Gross Margin % is 26.99% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is High Tide (HITI) Overvalued in 2026?
Based on GuruFocus' analysis, High Tide stock appears to be undervalued.
The current stock price of $2.24 is trading 12.5% below its estimated GF Value™ of $2.56.
GuruFocus considers High Tide to be Modestly Undervalued.
Key valuation signals for HITI:
Gross Margin %: 26.99% (24% below median its 10-year median of 35.33)
GF Value™: $2.56 vs. price of $2.24 (12.5% below fair value)
Industry Position: 32.7% below the Healthcare Providers & Services median (#461 of 629)
No single metric tells the full story. See the HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
68GF Score
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