vs

Side-by-side financial comparison of Bowhead Specialty Holdings Inc. (BOW) and High Tide Inc. (HITI). Click either name above to swap in a different company.

Bowhead Specialty Holdings Inc. is the larger business by last-quarter revenue ($155.7M vs $142.5M, roughly 1.1× High Tide Inc.). Bowhead Specialty Holdings Inc. runs the higher net margin — 10.3% vs -1.9%, a 12.2% gap on every dollar of revenue.

Bowhead Specialty Holdings Inc. is a specialty insurance holding company that offers a diversified portfolio of property and casualty insurance products, focusing on underserved niche market segments primarily across North America. It provides tailored risk management solutions and specialized coverage options for both commercial and individual clients.

High Tide Inc. is a Canada-based consumer retail and lifestyle company focused on the global cannabis sector. It operates a large network of licensed cannabis dispensaries across North America, sells cannabis consumption accessories and branded cannabis products, and runs multiple leading e-commerce platforms catering to recreational and medical cannabis users.

BOW vs HITI — Head-to-Head

Bigger by revenue
BOW
BOW
1.1× larger
BOW
$155.7M
$142.5M
HITI
Higher net margin
BOW
BOW
12.2% more per $
BOW
10.3%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BOW
BOW
HITI
HITI
Revenue
$155.7M
$142.5M
Net Profit
$16.0M
$-2.7M
Gross Margin
Operating Margin
0.0%
Net Margin
10.3%
-1.9%
Revenue YoY
26.9%
Net Profit YoY
EPS (diluted)
$0.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOW
BOW
HITI
HITI
Q1 26
$155.7M
$142.5M
Q4 25
$151.7M
Q3 25
$143.9M
$131.7M
Q2 25
$133.3M
$124.3M
Q1 25
$122.7M
Q4 24
$128.1M
Q3 24
$116.8M
Q2 24
$98.9M
Net Profit
BOW
BOW
HITI
HITI
Q1 26
$16.0M
$-2.7M
Q4 25
$14.8M
Q3 25
$15.2M
$991.0K
Q2 25
$12.3M
$166.0K
Q1 25
$11.4M
Q4 24
Q3 24
$12.1M
Q2 24
$5.5M
Gross Margin
BOW
BOW
HITI
HITI
Q1 26
Q4 25
Q3 25
26.9%
Q2 25
28.4%
Q1 25
Q4 24
28.1%
Q3 24
Q2 24
Operating Margin
BOW
BOW
HITI
HITI
Q1 26
0.0%
Q4 25
11.7%
Q3 25
13.3%
2.3%
Q2 25
11.9%
1.6%
Q1 25
11.8%
Q4 24
2.2%
Q3 24
13.5%
Q2 24
7.5%
Net Margin
BOW
BOW
HITI
HITI
Q1 26
10.3%
-1.9%
Q4 25
9.8%
Q3 25
10.5%
0.8%
Q2 25
9.3%
0.1%
Q1 25
9.3%
Q4 24
Q3 24
10.4%
Q2 24
5.6%
EPS (diluted)
BOW
BOW
HITI
HITI
Q1 26
$0.48
Q4 25
$0.44
Q3 25
$0.45
Q2 25
$0.36
Q1 25
$0.34
Q4 24
Q3 24
$0.36
Q2 24
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOW
BOW
HITI
HITI
Cash + ST InvestmentsLiquidity on hand
$97.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$457.9M
Total Assets
$2.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOW
BOW
HITI
HITI
Q1 26
$97.2M
Q4 25
$193.5M
Q3 25
$197.9M
Q2 25
$114.8M
Q1 25
$88.0M
Q4 24
Q3 24
$132.9M
Q2 24
$180.3M
Total Debt
BOW
BOW
HITI
HITI
Q1 26
Q4 25
$146.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BOW
BOW
HITI
HITI
Q1 26
$457.9M
Q4 25
$448.3M
Q3 25
$430.2M
Q2 25
$407.2M
Q1 25
$391.0M
Q4 24
Q3 24
$364.7M
Q2 24
$339.9M
Total Assets
BOW
BOW
HITI
HITI
Q1 26
$2.5B
Q4 25
$2.4B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
$1.8B
Q4 24
Q3 24
$1.5B
Q2 24
$1.4B
Debt / Equity
BOW
BOW
HITI
HITI
Q1 26
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons