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

Titan Machinery Inc. is the larger business by last-quarter revenue ($644.5M vs $142.5M, roughly 4.5× High Tide Inc.). Titan Machinery Inc. runs the higher net margin — 0.2% vs -1.9%, a 2.1% 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.

Titan Machinery, Inc. is one of the largest dealers of agricultural and construction equipment and claims to be the largest dealer for the CNH Industrial brands in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion.

HITI vs TITN — Head-to-Head

Bigger by revenue
TITN
TITN
4.5× larger
TITN
$644.5M
$142.5M
HITI
Higher net margin
TITN
TITN
2.1% more per $
TITN
0.2%
-1.9%
HITI

Income Statement — Q1 2026 vs Q3 2026

Metric
HITI
HITI
TITN
TITN
Revenue
$142.5M
$644.5M
Net Profit
$-2.7M
$1.2M
Gross Margin
17.2%
Operating Margin
0.0%
1.6%
Net Margin
-1.9%
0.2%
Revenue YoY
-5.2%
Net Profit YoY
-30.1%
EPS (diluted)
$0.05

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
TITN
TITN
Q1 26
$142.5M
Q4 25
$644.5M
Q3 25
$131.7M
$546.4M
Q2 25
$124.3M
$594.3M
Q1 25
$759.9M
Q4 24
$128.1M
$679.8M
Q3 24
$360.6K
$633.7M
Q2 24
$236.2K
$628.7M
Net Profit
HITI
HITI
TITN
TITN
Q1 26
$-2.7M
Q4 25
$1.2M
Q3 25
$991.0K
$-6.0M
Q2 25
$166.0K
$-13.2M
Q1 25
$-43.8M
Q4 24
$1.7M
Q3 24
$991
$-4.3M
Q2 24
$166
$9.4M
Gross Margin
HITI
HITI
TITN
TITN
Q1 26
Q4 25
17.2%
Q3 25
26.9%
17.1%
Q2 25
28.4%
15.3%
Q1 25
6.7%
Q4 24
28.1%
16.3%
Q3 24
27.3%
17.7%
Q2 24
30.2%
19.4%
Operating Margin
HITI
HITI
TITN
TITN
Q1 26
0.0%
Q4 25
1.6%
Q3 25
2.3%
0.1%
Q2 25
1.6%
-1.0%
Q1 25
-6.0%
Q4 24
2.2%
1.7%
Q3 24
2.2%
2.5%
Q2 24
2.0%
3.6%
Net Margin
HITI
HITI
TITN
TITN
Q1 26
-1.9%
Q4 25
0.2%
Q3 25
0.8%
-1.1%
Q2 25
0.1%
-2.2%
Q1 25
-5.8%
Q4 24
0.3%
Q3 24
0.3%
-0.7%
Q2 24
0.1%
1.5%
EPS (diluted)
HITI
HITI
TITN
TITN
Q1 26
Q4 25
$0.05
Q3 25
$-0.26
Q2 25
$-0.58
Q1 25
$-1.92
Q4 24
$0.07
Q3 24
$-0.19
Q2 24
$0.41

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
TITN
TITN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$176.6M
Stockholders' EquityBook value
$612.6M
Total Assets
$1.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Total Debt
HITI
HITI
TITN
TITN
Q1 26
Q4 25
$176.6M
Q3 25
$164.5M
Q2 25
$165.3M
Q1 25
$168.7M
Q4 24
$140.6M
Q3 24
$126.6M
Q2 24
$119.3M
Stockholders' Equity
HITI
HITI
TITN
TITN
Q1 26
Q4 25
$612.6M
Q3 25
$610.3M
Q2 25
$605.4M
Q1 25
$614.1M
Q4 24
$668.2M
Q3 24
$659.6M
Q2 24
$662.6M
Total Assets
HITI
HITI
TITN
TITN
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$2.1B
Q3 24
$2.2B
Q2 24
$2.1B
Debt / Equity
HITI
HITI
TITN
TITN
Q1 26
Q4 25
0.29×
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.21×
Q3 24
0.19×
Q2 24
0.18×

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
TITN
TITN
Operating Cash FlowLast quarter
$34.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
28.37×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
TITN
TITN
Q1 26
Q4 25
$34.0M
Q3 25
$43.7M
Q2 25
$6.2M
Q1 25
$126.5M
Q4 24
$-8.8M
Q3 24
$-15.0M
Q2 24
$-32.4M
Cash Conversion
HITI
HITI
TITN
TITN
Q1 26
Q4 25
28.37×
Q3 25
Q2 25
Q1 25
Q4 24
-5.15×
Q3 24
Q2 24
-3.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

TITN
TITN

Agriculture Segment$420.9M65%
Sales Of Parts$122.3M19%
Service Sales$48.9M8%
Australia_segment$29.9M5%
Rental And Other$13.3M2%
Rental$10.3M2%
Other Revenue$1.1M0%

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