Largest companies in Canada by gross profit
Gross profit is revenue minus the direct cost of goods and services sold. Not every company reports it; those that do not are absent from this ranking. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.
Nutrien (NTR) tops the list with $8.3B in gross profit for fiscal 2025, ahead of Lululemon Athletica ($6.3B) and Shopify ($5.6B). The top 10 together report $37.0B in gross profit; the gap between #1 and #10 is ×5.59. 51 companies in Canada report gross profit, 3.3% of the 1524-filer universe. The last place on the list, First Majestic Silver, comes in at $16.0M.
| # | Company | Gross profit | YoY | 15-year trend |
|---|---|---|---|---|
| 1 | NutrienNTRCAMaterials | $8.3B | +10.8% | |
| 2 | Lululemon AthleticaLULUCAConsumer discretionary | $6.3B | +0.2% | |
| 3 | ShopifySHOPCATechnology | $5.6B | +24.2% | |
| 4 | Open TextOTEXCATechnology | $3.7B | −10.9% | |
| 5 | Kinross GoldKGCCAMaterials | $3.7B | +97.8% | |
| 6 | Pembina PipelinePBACAEnergy | $2.3B | −5.6% | |
| 7 | StantecSTNCAIndustrials | $2.0B | +9.4% | |
| 8 | Teck ResourcesTECKCAMaterials | $1.9B | +62.0% | |
| 9 | Wheaton Precious MetalsWPMCAMaterials | $1.7B | +108.3% | |
| 10 | CelesticaCLSCATechnology | $1.5B | +44.5% | |
| 11 | Boyd Group ServicesBGSICAConsumer discretionary | $1.5B | +4.4% | |
| 12 | Pan American SilverPAASCAMaterials | $1.4B | +155.9% | |
| 13 | BRPDOOCAIndustrials | $1.4B | +4.0% | |
| 14 | Franco NevadaFNVCAMaterials | $1.3B | +77.4% | |
| 15 | IamgoldIAGCAMaterials | $1.2B | +119.3% | |
| 16 | Gildan ActivewearGILCAConsumer discretionary | $1.1B | +12.6% | |
| 17 | Canadian SolarCSIQCATechnology | $1.0B | +2.7% | |
| 18 | TransaltaTACCAUtilities | $1.0B | −22.4% | |
| 19 | Eldorado GoldEGOCAMaterials | $883M | +74.1% | |
| 20 | Hudbay MineralsHBMCAMaterials | $743M | +34.2% | |
| 21 | CamecoCCJCAMaterials | $694M | +21.5% | |
| 22 | Equinox GoldEQXCAMaterials | $643M | +211.9% | |
| 23 | EnerflexEFXTCAIndustrials | $582M | +15.5% | |
| 24 | Descartes SystemsDSGXCATechnology | $562M | +14.1% | |
| 25 | RB GlobalRBACATechnology | $532M | +181.9% | |
| 26 | Allied GoldAAUCCAMaterials | $507M | +130.0% | |
| 27 | Fortuna MiningFSMCAMaterials | $467M | +100.1% | |
| 28 | Greenfire ResourcesGFRCAEnergy | $449M | −19.5% | |
| 29 | BlackberryBBCATechnology | $418M | +5.9% | |
| 30 | Ero CopperEROCAMaterials | $345M | +90.9% | |
| 31 | Triple Flag Precious MetalsTFPMCAFinancials | $263M | +69.4% | |
| 32 | Algonquin Power & UtilitiesAQNCAUtilities | $260M | +20.0% | |
| 33 | ImaxIMAXCAConsumer discretionary | $246M | +29.4% | |
| 34 | Or RoyaltiesORCAMaterials | $232M | +53.1% | |
| 35 | DoceboDCBOCATechnology | $195M | +10.9% | |
| 36 | SNDLSNDLCAHealthcare | $185M | +5.5% | |
| 37 | TerrascendTSNDFCAConsumer staples | $136M | +0.3% | |
| 38 | North American ConstructionNOACAEnergy | $116M | −24.3% | |
| 39 | High TideHITICAConsumer discretionary | $110M | +5.6% | |
| 40 | Integra ResourcesITRGCAMaterials | $94.5M | +1,659.3% | |
| 41 | TucowsTCXCATechnology | $94.0M | +13.2% | |
| 42 | Mercer InternationalMERCCAMaterials | $89.2M | −20.5% | |
| 43 | Endeavour SilverEXKCAMaterials | $82.8M | +97.1% | |
| 44 | Galiano GoldGAUCAMaterials | $66.0M | +20.3% | |
| 45 | Ianthus CapitalITHUFCAConsumer staples | $65.7M | −12.5% | |
| 46 | Cronos GroupCRONCAHealthcare | $62.8M | +149.1% | |
| 47 | Birks GroupBGICFCAConsumer discretionary | $56.7M | −14.6% | |
| 48 | Dirtt Environmental SolutionsDRTTFCATechnology | $55.4M | −13.9% | |
| 49 | Canopy GrowthCGCCAHealthcare | $49.9M | −14.1% | |
| 50 | McewenMUXCAMaterials | $47.6M | +53.8% | |
| 51 | First Majestic SilverAGCAMaterials | $16.0M | −67.5% |
All figures from SEC filings · FY2025 · 51
see sources
- Nutrien 0001193125-26-081326
- Lululemon Athletica 0001397187-26-000020
- Shopify 0001594805-26-000007
- Open Text 0001002638-26-000068
- Kinross Gold 0001104659-26-035268
- Pembina Pipeline 0001546066-26-000014
- Stantec 0001131383-24-000005
- Teck Resources 0000886986-26-000004
- Wheaton Precious Metals 0001193125-26-134908
- Celestica 0001030894-26-000011
- Boyd Group Services 0001193125-26-112466
- Pan American Silver 0000771992-26-000019
- BRP 0001193125-26-125055
- Franco Nevada 0001104659-26-032133
- Iamgold 0001628280-26-008683
- Gildan Activewear 0001061894-26-000006
- Canadian Solar 0001104659-26-041976
- Transalta 0001144800-26-000015
- Eldorado Gold 0000918608-26-000007
- Hudbay Minerals 0001062993-26-001648
- Cameco 0001193125-26-116229
- Equinox Gold 0001628280-26-022120
- Enerflex 0001193125-26-072743
- Descartes Systems 0001104659-26-026450
- RB Global 0001279569-18-000342
- Allied Gold 0001628280-26-022512
- Fortuna Mining 0001104659-26-035151
- Greenfire Resources 0001213900-26-027268
- Blackberry 0001070235-26-000039
- Ero Copper 0001628280-26-022073
- Triple Flag Precious Metals 0001104659-26-036188
- Algonquin Power & Utilities 0001174169-15-000004
- Imax 0001628280-26-011770
- Or Royalties 0001062993-26-001696
- Docebo 0001628280-26-012566
- SNDL 0001193125-26-102524
- Terrascend 0001193125-26-104092
- North American Construction 0001368519-26-000005
- High Tide 0001628280-26-004157
- Integra Resources 0001722387-26-000004
- Tucows 0001437749-26-008009
- Mercer International 0001193125-14-061585
- Endeavour Silver 0001062993-26-001662
- Galiano Gold 0001062993-26-001389
- Ianthus Capital 0001193125-26-128941
- Cronos Group 0001656472-26-000016
- Birks Group 0001193125-26-310554
- Dirtt Environmental Solutions 0001193125-26-072003
- Canopy Growth 0001193125-26-270260
- Mcewen 0001104659-26-028705
- First Majestic Silver 0001062993-18-001387
Embed this table
Free to use on any site. The table updates itself whenever the data is rebuilt — you paste it once. The only condition is that you keep the credit line below the table, so readers can reach the source.
<iframe src="https://companiesranked.com/embed/en/largest-companies-in-canada-by-gross-profit" title="Largest companies in Canada by gross profit" width="100%" height="478" loading="lazy" style="max-width:680px;border:1px solid #e5e2dc;border-radius:6px"></iframe>
<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-companies-in-canada-by-gross-profit">Largest companies in Canada by gross profit</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Largest companies in Canada by gross profit |url=https://companiesranked.com/en/largest-companies-in-canada-by-gross-profit |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Largest companies in Canada by gross profit. CompaniesRanked. https://companiesranked.com/en/largest-companies-in-canada-by-gross-profitBibTeX
@misc{companiesranked-en-largest-companies-in-canada-by-gross-profit-2026,
author = {{CompaniesRanked}},
title = {{Largest companies in Canada by gross profit}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/largest-companies-in-canada-by-gross-profit}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.
Largest companies by gross profit →