Northland Power (TSX:NPI) Gross Profit: C$2,364 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:NPI Northland Power Inc TSX:NPI
74 GF Score
Price C$21.82
GF Value C$24.28
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Northland Power Gross Profit?

Northland Power TSX:NPI +0.09% 74 Gross Profit is C$2,364 Mil as of Mar. 2026. GuruFocus rates TSX:NPI with a GF Score™ of 74/100 and a GF Value™ of C$24.28 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Northland Power's gross profit for the three months ended in Mar. 2026 was C$577 Mil. Northland Power's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was C$2,364 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Northland Power's gross profit for the three months ended in Mar. 2026 was C$577 Mil. Northland Power's Revenue for the three months ended in Mar. 2026 was C$775 Mil. Therefore, Northland Power's Gross Margin % for the quarter that ended in Mar. 2026 was 74.54%.

Northland Power had a gross margin of 74.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Northland Power was 92.99%. The lowest was 82.42%. And the median was 90.02%.


Northland Power  (TSX:NPI) 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

Northland Power had a gross margin of 74.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Northland Power Gross Profit Related Terms


Northland Power Gross Profit Historical Data

* Premium members only.

The historical data trend for Northland Power'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.

Northland Power Gross Profit Chart

Northland Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,879.76 2,178.39 2,021.04 2,346.26 2,434.97

Northland Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 490.22 509.13 554.48 722.84 577.37

Northland Power Gross Profit Competitor Comparison

For the Utilities - Renewable subindustry, Northland Power'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.


Northland Power Gross Profit vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Gross Profit distribution charts can be found below:

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


TSX:NPI
74GF Score
Northland Power Inc TSX:NPI
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northland Power Gross Profit Calculation

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

Northland Power's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2434.97 - 0
=2,435

Northland Power's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=774.581 - 197.21
=577

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,364 Mil.

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

Northland Power's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=577 / 774.581
=74.54 %

* 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 C$2,364 Mil mean?
Northland Power (TSX:NPI) has a Gross Profit of C$2,364 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Northland Power and its competitors.
Is Northland Power's Gross Profit too high?
Northland Power's current Gross Profit is C$2,364 Mil. Overall, Northland Power has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's Gross Profit compare to competitors?
Northland Power's Gross Profit of C$2,364 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Gross Profit depends on the Utilities - Independent Power Producers 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 Northland Power and its competitors. Northland Power's current Gross Profit is C$2,364 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$24.28, compared to a current price of C$21.82 — trading 10.1% below its estimated fair value. The current Gross Profit is C$2,364 Mil. Northland Power's overall GF Score™ is 74/100 with 7 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 Northland Power (TSX:NPI), the current Gross Profit is C$2,364 Mil as of Mar. 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 Northland Power (TSX:NPI) Overvalued in 2026?

Based on GuruFocus' analysis, Northland Power stock appears to be undervalued. The current stock price of C$21.82 is trading 10.1% below its estimated GF Value™ of C$24.28. GuruFocus considers Northland Power to be Modestly Undervalued.

Key valuation signals for TSX:NPI:

  • Gross Profit: C$2,364 Mil
  • GF Value™: C$24.28 vs. price of C$21.82 (10.1% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Northland Power Business Description

Address 30 St. Clair Avenue West, 3rd Floor, Toronto, ON, CAN, M4V 3A1
Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
74GF Score

Get the complete analysis for TSX:NPI

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

C$21.82
Price
C$24.28
GF Value