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Side-by-side financial comparison of High Tide Inc. (HITI) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $142.5M, roughly 1.3× High Tide Inc.). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -1.9%, a 8.8% 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.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

HITI vs PLOW — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.3× larger
PLOW
$184.5M
$142.5M
HITI
Higher net margin
PLOW
PLOW
8.8% more per $
PLOW
7.0%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HITI
HITI
PLOW
PLOW
Revenue
$142.5M
$184.5M
Net Profit
$-2.7M
$12.8M
Gross Margin
26.1%
Operating Margin
0.0%
10.5%
Net Margin
-1.9%
7.0%
Revenue YoY
28.6%
Net Profit YoY
62.3%
EPS (diluted)
$0.54

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
PLOW
PLOW
Q1 26
$142.5M
Q4 25
$184.5M
Q3 25
$131.7M
$162.1M
Q2 25
$124.3M
$194.3M
Q1 25
$115.1M
Q4 24
$128.1M
$143.5M
Q3 24
$129.4M
Q2 24
$199.9M
Net Profit
HITI
HITI
PLOW
PLOW
Q1 26
$-2.7M
Q4 25
$12.8M
Q3 25
$991.0K
$8.0M
Q2 25
$166.0K
$26.0M
Q1 25
$148.0K
Q4 24
$7.9M
Q3 24
$32.3M
Q2 24
$24.3M
Gross Margin
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
26.1%
Q3 25
26.9%
23.5%
Q2 25
28.4%
31.0%
Q1 25
24.5%
Q4 24
28.1%
24.9%
Q3 24
23.9%
Q2 24
30.7%
Operating Margin
HITI
HITI
PLOW
PLOW
Q1 26
0.0%
Q4 25
10.5%
Q3 25
2.3%
8.7%
Q2 25
1.6%
19.0%
Q1 25
2.8%
Q4 24
2.2%
9.0%
Q3 24
35.4%
Q2 24
18.2%
Net Margin
HITI
HITI
PLOW
PLOW
Q1 26
-1.9%
Q4 25
7.0%
Q3 25
0.8%
4.9%
Q2 25
0.1%
13.4%
Q1 25
0.1%
Q4 24
5.5%
Q3 24
24.9%
Q2 24
12.2%
EPS (diluted)
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$0.54
Q3 25
$0.33
Q2 25
$1.09
Q1 25
$0.00
Q4 24
$0.35
Q3 24
$1.36
Q2 24
$1.02

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$281.4M
Total Assets
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Total Debt
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Stockholders' Equity
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$281.4M
Q3 25
$275.3M
Q2 25
$273.3M
Q1 25
$258.9M
Q4 24
$264.2M
Q3 24
$260.8M
Q2 24
$236.7M
Total Assets
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$626.7M
Q3 25
$694.9M
Q2 25
$671.5M
Q1 25
$621.0M
Q4 24
$590.0M
Q3 24
$665.6M
Q2 24
$617.0M
Debt / Equity
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
Q3 24
Q2 24

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
PLOW
PLOW
Operating Cash FlowLast quarter
$95.9M
Free Cash FlowOCF − Capex
$92.8M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
7.47×
TTM Free Cash FlowTrailing 4 quarters
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$95.9M
Q3 25
$-8.5M
Q2 25
$-11.4M
Q1 25
$-1.3M
Q4 24
$74.4M
Q3 24
$-14.2M
Q2 24
$2.5M
Free Cash Flow
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
$92.8M
Q3 25
$-11.4M
Q2 25
$-14.3M
Q1 25
$-3.5M
Q4 24
$70.2M
Q3 24
$-15.2M
Q2 24
$836.0K
FCF Margin
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
50.3%
Q3 25
-7.1%
Q2 25
-7.4%
Q1 25
-3.0%
Q4 24
48.9%
Q3 24
-11.8%
Q2 24
0.4%
Capex Intensity
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
1.7%
Q3 25
1.8%
Q2 25
1.5%
Q1 25
1.9%
Q4 24
2.9%
Q3 24
0.8%
Q2 24
0.8%
Cash Conversion
HITI
HITI
PLOW
PLOW
Q1 26
Q4 25
7.47×
Q3 25
-1.07×
Q2 25
-0.44×
Q1 25
-9.03×
Q4 24
9.41×
Q3 24
-0.44×
Q2 24
0.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

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