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Side-by-side financial comparison of High Tide Inc. (HITI) and VERRA MOBILITY Corp (VRRM). Click either name above to swap in a different company.

VERRA MOBILITY Corp is the larger business by last-quarter revenue ($257.9M vs $142.5M, roughly 1.8× High Tide Inc.). VERRA MOBILITY Corp runs the higher net margin — 7.3% vs -1.9%, a 9.2% 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.

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

HITI vs VRRM — Head-to-Head

Bigger by revenue
VRRM
VRRM
1.8× larger
VRRM
$257.9M
$142.5M
HITI
Higher net margin
VRRM
VRRM
9.2% more per $
VRRM
7.3%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HITI
HITI
VRRM
VRRM
Revenue
$142.5M
$257.9M
Net Profit
$-2.7M
$18.9M
Gross Margin
Operating Margin
0.0%
16.7%
Net Margin
-1.9%
7.3%
Revenue YoY
16.4%
Net Profit YoY
128.3%
EPS (diluted)
$0.12

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
VRRM
VRRM
Q1 26
$142.5M
Q4 25
$257.9M
Q3 25
$131.7M
$261.9M
Q2 25
$124.3M
$236.0M
Q1 25
$223.3M
Q4 24
$128.1M
$221.5M
Q3 24
$225.6M
Q2 24
$222.4M
Net Profit
HITI
HITI
VRRM
VRRM
Q1 26
$-2.7M
Q4 25
$18.9M
Q3 25
$991.0K
$46.8M
Q2 25
$166.0K
$38.6M
Q1 25
$32.3M
Q4 24
$-66.7M
Q3 24
$34.7M
Q2 24
$34.2M
Gross Margin
HITI
HITI
VRRM
VRRM
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
VRRM
VRRM
Q1 26
0.0%
Q4 25
16.7%
Q3 25
2.3%
28.6%
Q2 25
1.6%
26.8%
Q1 25
25.7%
Q4 24
2.2%
-19.6%
Q3 24
28.3%
Q2 24
27.5%
Net Margin
HITI
HITI
VRRM
VRRM
Q1 26
-1.9%
Q4 25
7.3%
Q3 25
0.8%
17.9%
Q2 25
0.1%
16.3%
Q1 25
14.5%
Q4 24
-30.1%
Q3 24
15.4%
Q2 24
15.4%
EPS (diluted)
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$0.12
Q3 25
$0.29
Q2 25
$0.24
Q1 25
$0.20
Q4 24
$-0.39
Q3 24
$0.21
Q2 24
$0.20

Balance Sheet & Financial Strength

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

Metric
HITI
HITI
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$65.3M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$293.0M
Total Assets
$1.6B
Debt / EquityLower = less leverage
3.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$65.3M
Q3 25
$196.1M
Q2 25
$147.7M
Q1 25
$108.5M
Q4 24
$77.6M
Q3 24
$206.1M
Q2 24
$122.0M
Total Debt
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$293.0M
Q3 25
$403.1M
Q2 25
$352.1M
Q1 25
$299.6M
Q4 24
$265.1M
Q3 24
$486.5M
Q2 24
$438.6M
Total Assets
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$1.6B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.9B
Q2 24
$1.8B
Debt / Equity
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
3.51×
Q3 25
2.55×
Q2 25
2.93×
Q1 25
3.45×
Q4 24
3.90×
Q3 24
2.13×
Q2 24
2.36×

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
VRRM
VRRM
Operating Cash FlowLast quarter
$40.0M
Free Cash FlowOCF − Capex
$5.7M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$136.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$40.0M
Q3 25
$77.7M
Q2 25
$75.1M
Q1 25
$63.0M
Q4 24
$40.5M
Q3 24
$108.8M
Q2 24
$40.0M
Free Cash Flow
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
$5.7M
Q3 25
$49.0M
Q2 25
$40.3M
Q1 25
$41.7M
Q4 24
$21.6M
Q3 24
$85.1M
Q2 24
$26.0M
FCF Margin
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
2.2%
Q3 25
18.7%
Q2 25
17.1%
Q1 25
18.7%
Q4 24
9.8%
Q3 24
37.7%
Q2 24
11.7%
Capex Intensity
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
13.3%
Q3 25
11.0%
Q2 25
14.8%
Q1 25
9.5%
Q4 24
8.5%
Q3 24
10.5%
Q2 24
6.3%
Cash Conversion
HITI
HITI
VRRM
VRRM
Q1 26
Q4 25
2.12×
Q3 25
1.66×
Q2 25
1.95×
Q1 25
1.95×
Q4 24
Q3 24
3.13×
Q2 24
1.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

VRRM
VRRM

Services$239.5M93%
CA$8.4M3%
GB$5.7M2%
Other Customer$1.6M1%
Parking Solutions$1.1M0%

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