For the seventh year, Report on Business has produced a ranking of Canada’s Top Growing Companies, measuring businesses on three-year revenue growth. As a cohort, the 400 companies on this year’s list incontestably bear the scars of the hard yards behind them. The median growth rate among the winners is the lowest it’s been since the ranking launched in 2019. To be fair, though, that “low” median rate is 175%—a clip most ventures would never dream of. Read on to see who made the list
OUR METHODOLOGY
Launched in 2019 by The Globe and Mail, the program ranks
participating private and public Canadian businesses on three- year
revenue growth. Canada’s Top Growing Companies is a voluntary
program. We accepted entries from businesses through to May 2025.
Applicant companies had to complete a full application survey, and
supply supporting financial documentation to our research team for
both 2021 and 2024. We evaluated companies based on the most recent
fiscal year for which financial statements were available. In some
cases, companies were evaluated on calendar years instead of fiscal.
In order to qualify, a company had to be Canadian-run and have at
least $2 million in annual sales in its most recent fiscal year.
Franchisors were ranked on corporate revenue only, not systemwide
sales. All revenue figures are in Canadian dollars, unless otherwise
indicated. Research was conducted by Claire Robbins, Fiona Collie
and Kayla McKenzie. To learn more about the program or to apply for
the 2026 ranking, please visit
tgam.ca/TopGrowing.
Canada’s top growing companies by three-year revenue growth
Honourable Mention:
Due to an administrative error on the part of the Top Growing Companies team, the following company was not included in this year’s ranking. The company submitted all necessary documents in good order and on time, and would have made the ranking if the error had not occurred.
