High Tide Inc. achieved record financial results in Q3 2026, with revenue climbing 33% year-over-year to CAD 199 million and operating income surging 133% as the company scales its discount retail model.
High Tide reported record Q3 FY2026 net income, strong sequential operating income growth, and free cash flow, with results near the high end of recently issued guidance.
High Tide Inc. delivered a record-breaking third fiscal quarter in 2026, reporting CAD 12.7 million in net income and CAD 199 million in revenue. The company saw a 133% year-over-year increase in operating income, driven by strong performance in its Canadian retail and medical cannabis segments.
The company cited strong growth in its Canna Cabana retail segment, expansion of its loyalty program, and disciplined cost controls that allowed gross profit to grow significantly faster than operating expenses.