TOPCF (Topcon) Gross Profit: $749 Mil (TTM As of Sep. 2025)

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TOPCF Topcon Corp TOPCF
9 GF Score
Price $21.21
GF Value $11.64
! 9 Warning Signs
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What is Topcon Gross Profit?

Topcon TOPCF 9 Gross Profit is $749 Mil as of Sep. 2025. GuruFocus rates TOPCF with a GF Score™ of 9/100 and a GF Value™ of $11.64. The stock has 9 warning signs investors should review.

Topcon's gross profit for the three months ended in Sep. 2025 was $188 Mil. Topcon's gross profit for the trailing twelve months (TTM) ended in Sep. 2025 was $749 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Topcon's gross profit for the three months ended in Sep. 2025 was $188 Mil. Topcon's Revenue for the three months ended in Sep. 2025 was $353 Mil. Therefore, Topcon's Gross Margin % for the quarter that ended in Sep. 2025 was 53.19%.

Topcon had a gross margin of 53.19% for the quarter that ended in Sep. 2025 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Topcon was 53.01%. The lowest was 49.47%. And the median was 51.82%.


Topcon  (OTCPK:TOPCF) Gross Profit Explanation

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

Topcon had a gross margin of 53.19% for the quarter that ended in Sep. 2025 => Durable competitive advantage


Topcon Gross Profit Related Terms


Topcon Gross Profit Historical Data

* Premium members only.

The historical data trend for Topcon'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.

Topcon Gross Profit Chart

Topcon Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 624.61 759.78 840.92 766.03 764.15

Topcon Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 199.04 161.86 221.26 178.36 187.57

TOPCF vs GRMN, KEYS, COHR: Gross Profit Comparison

For the Scientific & Technical Instruments subindustry, Topcon'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.


Topcon Gross Profit vs Hardware Industry

For the Hardware industry and Technology sector, Topcon's Gross Profit distribution charts can be found below:

* The bar in red indicates where Topcon's Gross Profit falls into.


TOPCF
9GF Score
Topcon Corp TOPCF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Topcon Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Topcon's Gross Profit for the fiscal year that ended in Mar. 2025 is calculated as

Gross Profit (A: Mar. 2025 )=Revenue - Cost of Goods Sold
=1449.104 - 684.956
=764

Topcon's Gross Profit for the quarter that ended in Sep. 2025 is calculated as

Gross Profit (Q: Sep. 2025 )=Revenue - Cost of Goods Sold
=352.637 - 165.071
=188

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $749 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Topcon's Gross Margin % for the quarter that ended in Sep. 2025 is calculated as

Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=188 / 352.637
=53.19 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $749 Mil mean?
Topcon (TOPCF) has a Gross Profit of $749 Mil as of Sep. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Topcon and its competitors.
Is Topcon's Gross Profit too high?
Topcon's current Gross Profit is $749 Mil. Overall, Topcon has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Gross Profit compare to GRMN and KEYS?
Topcon's Gross Profit of $749 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Gross Profit depends on the Hardware 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 Topcon and its competitors. Topcon's current Gross Profit is $749 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TOPCF) has a current Gross Profit of $749 Mil. The stock's GF Value™ is $11.64, compared to a current price of $21.21 — trading 82.2% above its estimated fair value. The current Gross Profit is $749 Mil. Topcon's overall GF Score™ is 9/100 with 9 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 Topcon (TOPCF), the current Gross Profit is $749 Mil as of Sep. 2025. 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 Topcon (TOPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of $21.21 is trading 82.2% above its estimated GF Value™ of $11.64.

Key valuation signals for TOPCF:

  • Gross Profit: $749 Mil
  • GF Value™: $11.64 vs. price of $21.21 (82.2% above fair value)
  • GF Score™: 9/100 with 9 warning signs

No single metric tells the full story. See the TOPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
9GF Score

Get the complete analysis for TOPCF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.21
Price
$11.64
GF Value