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

RAYONIER INC is the larger business by last-quarter revenue ($276.8M vs $142.5M, roughly 1.9× High Tide Inc.). High Tide Inc. runs the higher net margin — -1.9% vs -4.5%, a 2.6% 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.

Rayonier Inc., headquartered in Wildlight, Florida is a timberland real estate investment trust ("REIT") with assets located in softwood timber growing regions in the United States and New Zealand. Its core business segments are timber and real estate.

HITI vs RYN — Head-to-Head

Bigger by revenue
RYN
RYN
1.9× larger
RYN
$276.8M
$142.5M
HITI
Higher net margin
HITI
HITI
2.6% more per $
HITI
-1.9%
-4.5%
RYN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HITI
HITI
RYN
RYN
Revenue
$142.5M
$276.8M
Net Profit
$-2.7M
$-12.4M
Gross Margin
100.0%
Operating Margin
0.0%
Net Margin
-1.9%
-4.5%
Revenue YoY
233.9%
Net Profit YoY
-264.7%
EPS (diluted)

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
RYN
RYN
Q1 26
$142.5M
$276.8M
Q4 25
$117.5M
Q3 25
$131.7M
$177.5M
Q2 25
$124.3M
$106.5M
Q1 25
$82.9M
Q4 24
$128.1M
$650.5M
Q3 24
$124.1M
Q2 24
$99.6M
Net Profit
HITI
HITI
RYN
RYN
Q1 26
$-2.7M
$-12.4M
Q4 25
$25.9M
Q3 25
$991.0K
$43.2M
Q2 25
$166.0K
$408.7M
Q1 25
$-3.4M
Q4 24
$327.1M
Q3 24
$28.8M
Q2 24
$1.9M
Gross Margin
HITI
HITI
RYN
RYN
Q1 26
100.0%
Q4 25
41.9%
Q3 25
26.9%
32.9%
Q2 25
28.4%
29.7%
Q1 25
21.7%
Q4 24
28.1%
53.8%
Q3 24
30.4%
Q2 24
25.4%
Operating Margin
HITI
HITI
RYN
RYN
Q1 26
0.0%
Q4 25
23.0%
Q3 25
2.3%
23.5%
Q2 25
1.6%
13.7%
Q1 25
0.1%
Q4 24
2.2%
47.7%
Q3 24
15.2%
Q2 24
4.6%
Net Margin
HITI
HITI
RYN
RYN
Q1 26
-1.9%
-4.5%
Q4 25
22.1%
Q3 25
0.8%
24.3%
Q2 25
0.1%
383.6%
Q1 25
-4.1%
Q4 24
45.1%
Q3 24
23.2%
Q2 24
1.9%
EPS (diluted)
HITI
HITI
RYN
RYN
Q1 26
Q4 25
$0.14
Q3 25
$0.28
Q2 25
$2.63
Q1 25
$-0.02
Q4 24
$2.18
Q3 24
$0.19
Q2 24
$0.01

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
RYN
RYN
Cash + ST InvestmentsLiquidity on hand
$681.7M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$5.3B
Total Assets
$7.7B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
RYN
RYN
Q1 26
$681.7M
Q4 25
$842.9M
Q3 25
$919.6M
Q2 25
$892.3M
Q1 25
$216.2M
Q4 24
$303.1M
Q3 24
$51.9M
Q2 24
$120.2M
Total Debt
HITI
HITI
RYN
RYN
Q1 26
$2.1B
Q4 25
$845.3M
Q3 25
$845.1M
Q2 25
$844.9M
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.3B
Q2 24
$1.4B
Stockholders' Equity
HITI
HITI
RYN
RYN
Q1 26
$5.3B
Q4 25
$2.2B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Total Assets
HITI
HITI
RYN
RYN
Q1 26
$7.7B
Q4 25
$3.4B
Q3 25
$3.5B
Q2 25
$3.5B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$3.5B
Debt / Equity
HITI
HITI
RYN
RYN
Q1 26
0.39×
Q4 25
0.38×
Q3 25
0.37×
Q2 25
0.37×
Q1 25
0.55×
Q4 24
0.59×
Q3 24
0.72×
Q2 24
0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

RYN
RYN

Wood Products$108.5M39%
Southern Timber$88.7M32%
Real Estate$59.8M22%
Northwest Timber$32.1M12%

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