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Side-by-side financial comparison of High Tide Inc. (HITI) and MasterCraft Boat Holdings, Inc. (MCFT). Click either name above to swap in a different company.

High Tide Inc. is the larger business by last-quarter revenue ($142.5M vs $78.2M, roughly 1.8× MasterCraft Boat Holdings, Inc.). MasterCraft Boat Holdings, Inc. runs the higher net margin — 4.8% vs -1.9%, a 6.7% gap on every dollar of revenue.

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.

The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. MasterCraft boats are used in waterskiing, wakeboarding and wake surfing.

HITI vs MCFT — Head-to-Head

Bigger by revenue
HITI
HITI
1.8× larger
HITI
$142.5M
$78.2M
MCFT
Higher net margin
MCFT
MCFT
6.7% more per $
MCFT
4.8%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HITI
HITI
MCFT
MCFT
Revenue
$142.5M
$78.2M
Net Profit
$-2.7M
$3.7M
Gross Margin
25.0%
Operating Margin
0.0%
73.4%
Net Margin
-1.9%
4.8%
Revenue YoY
3.0%
Net Profit YoY
EPS (diluted)
$0.45

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
HITI
HITI
MCFT
MCFT
Q1 26
$142.5M
$78.2M
Q4 25
$71.8M
Q3 25
$131.7M
$69.0M
Q2 25
$124.3M
$79.5M
Q1 25
$76.0M
Q4 24
$128.1M
$63.4M
Q3 24
$65.4M
Q2 24
$94.3M
Net Profit
HITI
HITI
MCFT
MCFT
Q1 26
$-2.7M
$3.7M
Q4 25
$2.5M
Q3 25
$991.0K
$3.6M
Q2 25
$166.0K
$5.7M
Q1 25
$3.7M
Q4 24
$2.7M
Q3 24
$-5.1M
Q2 24
$6.2M
Gross Margin
HITI
HITI
MCFT
MCFT
Q1 26
25.0%
Q4 25
21.6%
Q3 25
26.9%
22.3%
Q2 25
28.4%
23.2%
Q1 25
20.8%
Q4 24
28.1%
17.2%
Q3 24
18.1%
Q2 24
23.8%
Operating Margin
HITI
HITI
MCFT
MCFT
Q1 26
0.0%
73.4%
Q4 25
3.8%
Q3 25
2.3%
5.5%
Q2 25
1.6%
7.5%
Q1 25
5.4%
Q4 24
2.2%
0.3%
Q3 24
1.5%
Q2 24
11.2%
Net Margin
HITI
HITI
MCFT
MCFT
Q1 26
-1.9%
4.8%
Q4 25
3.5%
Q3 25
0.8%
5.3%
Q2 25
0.1%
7.2%
Q1 25
4.9%
Q4 24
4.3%
Q3 24
-7.9%
Q2 24
6.6%
EPS (diluted)
HITI
HITI
MCFT
MCFT
Q1 26
$0.45
Q4 25
$0.16
Q3 25
$0.22
Q2 25
$0.34
Q1 25
$0.23
Q4 24
$0.17
Q3 24
$-0.31
Q2 24
$0.38

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
MCFT
MCFT
Cash + ST InvestmentsLiquidity on hand
$84.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$189.3M
Total Assets
$277.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
MCFT
MCFT
Q1 26
$84.6M
Q4 25
$81.4M
Q3 25
$67.3M
Q2 25
$79.4M
Q1 25
$66.5M
Q4 24
$62.9M
Q3 24
$14.2M
Q2 24
$86.2M
Total Debt
HITI
HITI
MCFT
MCFT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$49.5M
Q2 24
$49.3M
Stockholders' Equity
HITI
HITI
MCFT
MCFT
Q1 26
$189.3M
Q4 25
$189.1M
Q3 25
$185.5M
Q2 25
$183.4M
Q1 25
$182.1M
Q4 24
$178.3M
Q3 24
$175.4M
Q2 24
$183.7M
Total Assets
HITI
HITI
MCFT
MCFT
Q1 26
$277.9M
Q4 25
$259.7M
Q3 25
$259.3M
Q2 25
$259.9M
Q1 25
$261.9M
Q4 24
$250.1M
Q3 24
$309.1M
Q2 24
$259.9M
Debt / Equity
HITI
HITI
MCFT
MCFT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.28×
Q2 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HITI
HITI
MCFT
MCFT
Operating Cash FlowLast quarter
$13.4M
Free Cash FlowOCF − Capex
$7.6M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.58×
TTM Free Cash FlowTrailing 4 quarters
$29.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
MCFT
MCFT
Q1 26
$13.4M
Q4 25
$15.6M
Q3 25
$-6.8M
Q2 25
$20.4M
Q1 25
$6.3M
Q4 24
$6.4M
Q3 24
$2.4M
Q2 24
Free Cash Flow
HITI
HITI
MCFT
MCFT
Q1 26
$7.6M
Q4 25
$14.0M
Q3 25
$-9.9M
Q2 25
$17.9M
Q1 25
$4.3M
Q4 24
$4.0M
Q3 24
$199.0K
Q2 24
FCF Margin
HITI
HITI
MCFT
MCFT
Q1 26
9.8%
Q4 25
19.5%
Q3 25
-14.4%
Q2 25
22.5%
Q1 25
5.7%
Q4 24
6.4%
Q3 24
0.3%
Q2 24
Capex Intensity
HITI
HITI
MCFT
MCFT
Q1 26
Q4 25
2.3%
Q3 25
4.5%
Q2 25
3.3%
Q1 25
2.6%
Q4 24
3.8%
Q3 24
3.4%
Q2 24
Cash Conversion
HITI
HITI
MCFT
MCFT
Q1 26
3.58×
Q4 25
6.17×
Q3 25
-1.88×
Q2 25
3.59×
Q1 25
1.69×
Q4 24
2.34×
Q3 24
Q2 24

Financial Flow Comparison

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

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