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.

Ranks 1–51 of 51 · Fiscal year 2025 · Data as of September 25, 2026

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.

Gross profit
#CompanyGross profitYoY15-year trend
1NutrienNTRCAMaterials$8.3B+10.8%
2Lululemon AthleticaLULUCAConsumer discretionary$6.3B+0.2%
3ShopifySHOPCATechnology$5.6B+24.2%
4Open TextOTEXCATechnology$3.7B−10.9%
5Kinross GoldKGCCAMaterials$3.7B+97.8%
6Pembina PipelinePBACAEnergy$2.3B−5.6%
7StantecSTNCAIndustrials$2.0B+9.4%
8Teck ResourcesTECKCAMaterials$1.9B+62.0%
9Wheaton Precious MetalsWPMCAMaterials$1.7B+108.3%
10CelesticaCLSCATechnology$1.5B+44.5%
11Boyd Group ServicesBGSICAConsumer discretionary$1.5B+4.4%
12Pan American SilverPAASCAMaterials$1.4B+155.9%
13BRPDOOCAIndustrials$1.4B+4.0%
14Franco NevadaFNVCAMaterials$1.3B+77.4%
15IamgoldIAGCAMaterials$1.2B+119.3%
16Gildan ActivewearGILCAConsumer discretionary$1.1B+12.6%
17Canadian SolarCSIQCATechnology$1.0B+2.7%
18TransaltaTACCAUtilities$1.0B−22.4%
19Eldorado GoldEGOCAMaterials$883M+74.1%
20Hudbay MineralsHBMCAMaterials$743M+34.2%
21CamecoCCJCAMaterials$694M+21.5%
22Equinox GoldEQXCAMaterials$643M+211.9%
23EnerflexEFXTCAIndustrials$582M+15.5%
24Descartes SystemsDSGXCATechnology$562M+14.1%
25RB GlobalRBACATechnology$532M+181.9%
26Allied GoldAAUCCAMaterials$507M+130.0%
27Fortuna MiningFSMCAMaterials$467M+100.1%
28Greenfire ResourcesGFRCAEnergy$449M−19.5%
29BlackberryBBCATechnology$418M+5.9%
30Ero CopperEROCAMaterials$345M+90.9%
31Triple Flag Precious MetalsTFPMCAFinancials$263M+69.4%
32Algonquin Power & UtilitiesAQNCAUtilities$260M+20.0%
33ImaxIMAXCAConsumer discretionary$246M+29.4%
34Or RoyaltiesORCAMaterials$232M+53.1%
35DoceboDCBOCATechnology$195M+10.9%
36SNDLSNDLCAHealthcare$185M+5.5%
37TerrascendTSNDFCAConsumer staples$136M+0.3%
38North American ConstructionNOACAEnergy$116M−24.3%
39High TideHITICAConsumer discretionary$110M+5.6%
40Integra ResourcesITRGCAMaterials$94.5M+1,659.3%
41TucowsTCXCATechnology$94.0M+13.2%
42Mercer InternationalMERCCAMaterials$89.2M−20.5%
43Endeavour SilverEXKCAMaterials$82.8M+97.1%
44Galiano GoldGAUCAMaterials$66.0M+20.3%
45Ianthus CapitalITHUFCAConsumer staples$65.7M−12.5%
46Cronos GroupCRONCAHealthcare$62.8M+149.1%
47Birks GroupBGICFCAConsumer discretionary$56.7M−14.6%
48Dirtt Environmental SolutionsDRTTFCATechnology$55.4M−13.9%
49Canopy GrowthCGCCAHealthcare$49.9M−14.1%
50McewenMUXCAMaterials$47.6M+53.8%
51First Majestic SilverAGCAMaterials$16.0M−67.5%

All figures from SEC filings · FY2025 · 51

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{{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}}

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@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}
}

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