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Side-by-side financial comparison of High Tide Inc. (HITI) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

High Tide Inc. is the larger business by last-quarter revenue ($142.5M vs $142.2M, roughly 1.0× Ranger Energy Services, Inc.). Ranger Energy Services, Inc. runs the higher net margin — 2.3% vs -1.9%, a 4.1% 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.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

HITI vs RNGR — Head-to-Head

Bigger by revenue
HITI
HITI
1.0× larger
HITI
$142.5M
$142.2M
RNGR
Higher net margin
RNGR
RNGR
4.1% more per $
RNGR
2.3%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HITI
HITI
RNGR
RNGR
Revenue
$142.5M
$142.2M
Net Profit
$-2.7M
$3.2M
Gross Margin
Operating Margin
0.0%
2.3%
Net Margin
-1.9%
2.3%
Revenue YoY
-0.6%
Net Profit YoY
-44.8%
EPS (diluted)
$0.14

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
RNGR
RNGR
Q1 26
$142.5M
Q4 25
$142.2M
Q3 25
$131.7M
$128.9M
Q2 25
$124.3M
$140.6M
Q1 25
$135.2M
Q4 24
$128.1M
$143.1M
Q3 24
$153.0M
Q2 24
$138.1M
Net Profit
HITI
HITI
RNGR
RNGR
Q1 26
$-2.7M
Q4 25
$3.2M
Q3 25
$991.0K
$1.2M
Q2 25
$166.0K
$7.3M
Q1 25
$600.0K
Q4 24
$5.8M
Q3 24
$8.7M
Q2 24
$4.7M
Gross Margin
HITI
HITI
RNGR
RNGR
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
RNGR
RNGR
Q1 26
0.0%
Q4 25
2.3%
Q3 25
2.3%
2.0%
Q2 25
1.6%
6.1%
Q1 25
0.7%
Q4 24
2.2%
6.2%
Q3 24
8.4%
Q2 24
5.3%
Net Margin
HITI
HITI
RNGR
RNGR
Q1 26
-1.9%
Q4 25
2.3%
Q3 25
0.8%
0.9%
Q2 25
0.1%
5.2%
Q1 25
0.4%
Q4 24
4.1%
Q3 24
5.7%
Q2 24
3.4%
EPS (diluted)
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$0.14
Q3 25
$0.05
Q2 25
$0.32
Q1 25
$0.03
Q4 24
$0.24
Q3 24
$0.39
Q2 24
$0.21

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$300.1M
Total Assets
$419.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$10.3M
Q3 25
$45.2M
Q2 25
$48.9M
Q1 25
$40.3M
Q4 24
$40.9M
Q3 24
$14.8M
Q2 24
$8.7M
Total Debt
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
$0
Stockholders' Equity
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$300.1M
Q3 25
$270.0M
Q2 25
$276.9M
Q1 25
$272.6M
Q4 24
$273.8M
Q3 24
$267.6M
Q2 24
$260.5M
Total Assets
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$419.3M
Q3 25
$372.8M
Q2 25
$381.7M
Q1 25
$376.5M
Q4 24
$381.6M
Q3 24
$373.9M
Q2 24
$359.6M
Debt / Equity
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

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
RNGR
RNGR
Operating Cash FlowLast quarter
$24.1M
Free Cash FlowOCF − Capex
$17.1M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$24.1M
Q3 25
$13.6M
Q2 25
$20.7M
Q1 25
$10.6M
Q4 24
$32.7M
Q3 24
$17.7M
Q2 24
$22.1M
Free Cash Flow
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
$17.1M
Q3 25
$8.0M
Q2 25
$14.4M
Q1 25
$3.4M
Q4 24
$27.3M
Q3 24
$10.8M
Q2 24
$6.8M
FCF Margin
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
12.0%
Q3 25
6.2%
Q2 25
10.2%
Q1 25
2.5%
Q4 24
19.1%
Q3 24
7.1%
Q2 24
4.9%
Capex Intensity
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
4.9%
Q3 25
4.3%
Q2 25
4.5%
Q1 25
5.3%
Q4 24
3.8%
Q3 24
4.5%
Q2 24
11.1%
Cash Conversion
HITI
HITI
RNGR
RNGR
Q1 26
Q4 25
7.53×
Q3 25
11.33×
Q2 25
2.84×
Q1 25
17.67×
Q4 24
5.64×
Q3 24
2.03×
Q2 24
4.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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