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Side-by-side financial comparison of High Tide Inc. (HITI) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $142.5M, roughly 1.2× High Tide Inc.). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -1.9%, a 27.2% 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.

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

HITI vs PRK — Head-to-Head

Bigger by revenue
PRK
PRK
1.2× larger
PRK
$168.3M
$142.5M
HITI
Higher net margin
PRK
PRK
27.2% more per $
PRK
25.3%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HITI
HITI
PRK
PRK
Revenue
$142.5M
$168.3M
Net Profit
$-2.7M
$42.6M
Gross Margin
Operating Margin
0.0%
Net Margin
-1.9%
25.3%
Revenue YoY
2.2%
Net Profit YoY
10.4%
EPS (diluted)
$2.62

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
PRK
PRK
Q1 26
$142.5M
Q4 25
$168.3M
Q3 25
$131.7M
$169.5M
Q2 25
$124.3M
$168.7M
Q1 25
$157.9M
Q4 24
$128.1M
$164.7M
Q3 24
$170.3M
Q2 24
$157.7M
Net Profit
HITI
HITI
PRK
PRK
Q1 26
$-2.7M
Q4 25
$42.6M
Q3 25
$991.0K
$47.2M
Q2 25
$166.0K
$48.1M
Q1 25
$42.2M
Q4 24
$38.6M
Q3 24
$38.2M
Q2 24
$39.4M
Gross Margin
HITI
HITI
PRK
PRK
Q1 26
Q4 25
Q3 25
26.9%
Q2 25
28.4%
Q1 25
Q4 24
28.1%
Q3 24
Q2 24
Operating Margin
HITI
HITI
PRK
PRK
Q1 26
0.0%
Q4 25
Q3 25
2.3%
34.3%
Q2 25
1.6%
35.2%
Q1 25
32.4%
Q4 24
2.2%
Q3 24
27.4%
Q2 24
30.6%
Net Margin
HITI
HITI
PRK
PRK
Q1 26
-1.9%
Q4 25
25.3%
Q3 25
0.8%
27.8%
Q2 25
0.1%
28.5%
Q1 25
26.7%
Q4 24
23.5%
Q3 24
22.4%
Q2 24
25.0%
EPS (diluted)
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$2.62
Q3 25
$2.92
Q2 25
$2.97
Q1 25
$2.60
Q4 24
$2.38
Q3 24
$2.35
Q2 24
$2.42

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
Total Assets
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$233.5M
Q3 25
$218.9M
Q2 25
$193.1M
Q1 25
$237.6M
Q4 24
$160.6M
Q3 24
$201.7M
Q2 24
$261.5M
Stockholders' Equity
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Assets
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$9.8B
Q3 25
$9.9B
Q2 25
$9.9B
Q1 25
$9.9B
Q4 24
$9.8B
Q3 24
$9.9B
Q2 24
$9.9B

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
PRK
PRK
Operating Cash FlowLast quarter
$198.3M
Free Cash FlowOCF − Capex
$191.9M
FCF MarginFCF / Revenue
114.1%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$198.3M
Q3 25
$52.6M
Q2 25
$49.7M
Q1 25
$37.9M
Q4 24
$178.8M
Q3 24
$43.8M
Q2 24
$50.9M
Free Cash Flow
HITI
HITI
PRK
PRK
Q1 26
Q4 25
$191.9M
Q3 25
$51.1M
Q2 25
$48.4M
Q1 25
$36.8M
Q4 24
$169.7M
Q3 24
$41.7M
Q2 24
$49.0M
FCF Margin
HITI
HITI
PRK
PRK
Q1 26
Q4 25
114.1%
Q3 25
30.1%
Q2 25
28.7%
Q1 25
23.3%
Q4 24
103.0%
Q3 24
24.5%
Q2 24
31.1%
Capex Intensity
HITI
HITI
PRK
PRK
Q1 26
Q4 25
3.8%
Q3 25
0.9%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
5.6%
Q3 24
1.2%
Q2 24
1.2%
Cash Conversion
HITI
HITI
PRK
PRK
Q1 26
Q4 25
4.65×
Q3 25
1.11×
Q2 25
1.03×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
1.29×

Financial Flow Comparison

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

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