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Side-by-side financial comparison of High Tide Inc. (HITI) and Rent the Runway, Inc. (RENT). Click either name above to swap in a different company.

High Tide Inc. is the larger business by last-quarter revenue ($142.5M vs $10.6M, roughly 13.4× Rent the Runway, Inc.). Rent the Runway, Inc. runs the higher net margin — 721.7% vs -1.9%, a 723.6% 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.

Rent the Runway is an American e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories. It was founded in November 2009 by Jennifer Hyman and Jennifer Fleiss and is based in New York City.

HITI vs RENT — Head-to-Head

Bigger by revenue
HITI
HITI
13.4× larger
HITI
$142.5M
$10.6M
RENT
Higher net margin
RENT
RENT
723.6% more per $
RENT
721.7%
-1.9%
HITI

Income Statement — Q1 2026 vs Q3 2026

Metric
HITI
HITI
RENT
RENT
Revenue
$142.5M
$10.6M
Net Profit
$-2.7M
$76.5M
Gross Margin
-126.4%
Operating Margin
0.0%
-152.8%
Net Margin
-1.9%
721.7%
Revenue YoY
10.4%
Net Profit YoY
504.8%
EPS (diluted)
$13.65

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
RENT
RENT
Q1 26
$142.5M
Q4 25
$10.6M
Q3 25
$131.7M
$11.7M
Q2 25
$124.3M
$7.6M
Q1 25
$11.8M
Q4 24
$128.1M
$9.6M
Q3 24
$360.6K
$10.4M
Q2 24
$236.2K
$8.9M
Net Profit
HITI
HITI
RENT
RENT
Q1 26
$-2.7M
Q4 25
$76.5M
Q3 25
$991.0K
$-26.4M
Q2 25
$166.0K
$-26.1M
Q1 25
$-13.4M
Q4 24
$-18.9M
Q3 24
$991
$-15.6M
Q2 24
$166
$-22.0M
Gross Margin
HITI
HITI
RENT
RENT
Q1 26
Q4 25
-126.4%
Q3 25
26.9%
-92.3%
Q2 25
28.4%
-168.4%
Q1 25
-71.2%
Q4 24
28.1%
-122.9%
Q3 24
27.3%
-98.1%
Q2 24
30.2%
-131.5%
Operating Margin
HITI
HITI
RENT
RENT
Q1 26
0.0%
Q4 25
-152.8%
Q3 25
2.3%
-171.8%
Q2 25
1.6%
-259.2%
Q1 25
-65.3%
Q4 24
2.2%
-142.7%
Q3 24
2.2%
-92.3%
Q2 24
2.0%
-185.4%
Net Margin
HITI
HITI
RENT
RENT
Q1 26
-1.9%
Q4 25
721.7%
Q3 25
0.8%
-225.6%
Q2 25
0.1%
-343.4%
Q1 25
-113.6%
Q4 24
-196.9%
Q3 24
0.3%
-150.0%
Q2 24
0.1%
-247.2%
EPS (diluted)
HITI
HITI
RENT
RENT
Q1 26
Q4 25
$13.65
Q3 25
$-6.55
Q2 25
$-6.58
Q1 25
$-2.72
Q4 24
$-4.70
Q3 24
$-4.17
Q2 24
$-6.03

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$50.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-35.1M
Total Assets
$231.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
RENT
RENT
Q1 26
Q4 25
$50.7M
Q3 25
$43.6M
Q2 25
$70.4M
Q1 25
$77.4M
Q4 24
$74.1M
Q3 24
$76.6M
Q2 24
$82.0M
Total Debt
HITI
HITI
RENT
RENT
Q1 26
Q4 25
Q3 25
Q2 25
$340.6M
Q1 25
$333.7M
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HITI
HITI
RENT
RENT
Q1 26
Q4 25
$-35.1M
Q3 25
$-232.1M
Q2 25
$-207.1M
Q1 25
$-182.5M
Q4 24
$-171.2M
Q3 24
$-154.5M
Q2 24
$-141.3M
Total Assets
HITI
HITI
RENT
RENT
Q1 26
Q4 25
$231.0M
Q3 25
$219.0M
Q2 25
$245.3M
Q1 25
$240.0M
Q4 24
$251.6M
Q3 24
$257.4M
Q2 24
$278.4M

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
RENT
RENT
Operating Cash FlowLast quarter
$-1.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
RENT
RENT
Q1 26
Q4 25
$-1.4M
Q3 25
$-10.5M
Q2 25
$8.3M
Q1 25
$1.4M
Q4 24
$4.7M
Q3 24
$2.2M
Q2 24
$4.6M
Cash Conversion
HITI
HITI
RENT
RENT
Q1 26
Q4 25
-0.02×
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.

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