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Next's gross profit for the
six
months ended in Jan. 2026 was $2,262 Mil. Next's gross profit for the trailing twelve months (TTM) ended in Jan. 2026 was $4,118 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Next's gross profit for the
six
months ended in Jan. 2026 was $2,262 Mil. Next's Revenue for the
six
months ended in Jan. 2026 was $5,084 Mil. Therefore, Next's Gross Margin % for the quarter that ended in Jan. 2026 was 44.50%.
Next had a gross margin of 44.50% for the quarter that ended in Jan. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Next was 44.15%. The lowest was 33.84%. And the median was 40.54%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Next had a gross margin of 44.50% for the quarter that ended in Jan. 2026 => Durable competitive advantage
Next Gross Profit Related Terms
Next Gross Profit Historical Data
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The historical data trend for Next's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Apparel Retail subindustry, Next's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Next Gross Profit vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Next's Gross Profit distribution charts can be found below:
* The bar in red indicates where Next's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4,118 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Next's Gross Margin % for the quarter that ended in Jan. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Next (NXGPF) has a Gross Profit of $4,118 Mil as of Jan. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Next and its competitors.
Is Next's Gross Profit too high?
Next's current Gross Profit is $4,118 Mil. Overall, Next has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Gross Profit compare to TJX and ROST?
Next's Gross Profit of $4,118 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Next and its competitors. Next's current Gross Profit is $4,118 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $176.70, compared to a current price of $206.70 — trading 17% above its estimated fair value. The current Gross Profit is $4,118 Mil. Next's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Next (NXGPF), the current Gross Profit is $4,118 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Next (NXGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Next stock appears to be overvalued.
The current stock price of $206.70 is trading 17% above its estimated GF Value™ of $176.70.
GuruFocus considers Next to be Modestly Overvalued.
Key valuation signals for NXGPF:
Gross Profit: $4,118 Mil
GF Value™: $176.70 vs. price of $206.70 (17% above fair value)
No single metric tells the full story. See the NXGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
92GF Score
Get the complete analysis for NXGPF
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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