NewmontNEMEarnings & Financial Report
Newmont Corporation is an American gold mining company based in Denver, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it holds ownership of gold mines in the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. Newmont is also a partial owner of Nevada Gold Mines in Nevada with Barrick Mining being the majority owner and operator. In addition to gold, Newmont mines copper, silver, zinc and lead.
Revenue
$5.3B
Gross Profit
N/A
Operating Profit
$3.1B
Net Profit
$2.1B
Gross Margin
N/A
Operating Margin
58.6%
Net Margin
38.8%
YoY Growth
20.8%
EPS
$1.85
Newmont Q2 FY2025 Financial Summary
Newmont reported revenue of $5.3B (up 20.8% YoY) for Q2 FY2025, with a net profit of $2.1B (up 141.6% YoY) (38.8% margin).
Key Financial Metrics
| Total Revenue | $5.3B |
|---|---|
| Net Profit | $2.1B |
| Gross Margin | N/A |
| Operating Margin | 58.6% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Newmont Q2 FY2025 revenue of $5.3B breaks down across 3 segments, led by Gold Dore at $3.3B (61.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Gold Dore | $3.3B | 61.9% |
| Sales From Concentrate And Other Production | $2.0B | 38.1% |
| Segment Discontinued Operations | $32.0M | 0.6% |
Newmont Revenue by Segment — Quarterly Trend
Newmont revenue by segment across the last 4 reported quarters, showing how each business line (such as Gold Dore and Sales From Concentrate And Other Production) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Gold Dore | — | $4.5B | $3.5B | $3.3B |
| Sales From Concentrate And Other Production | — | $2.4B | $2.1B | $2.0B |
| Segment Discontinued Operations | — | — | — | $32.0M |
Newmont Annual Revenue by Year
Newmont annual revenue history includes year-by-year totals (for example, 2025 revenue was $22.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $22.7B |
| 2024 | $18.7B |
| 2023 | $11.8B |
| 2022 | $11.9B |
Newmont Quarterly Revenue & Net Profit History
Newmont results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $7.3B | -31.4% | $1.9B | 26.0% |
| Q4 FY2025 | $6.8B | +20.6% | $1.3B | 19.1% |
| Q3 FY2025 | $5.5B | +20.0% | $1.8B | 33.2% |
| Q2 FY2025 | $5.3B | +20.8% | $2.1B | 38.8% |
| Q1 FY2025 | $5.0B | +24.5% | $1.9B | 37.7% |
| Q4 FY2024 | $5.7B | +42.8% | $1.4B | 24.8% |
| Q3 FY2024 | $4.6B | +84.7% | $922.0M | 20.0% |
| Q2 FY2024 | $4.4B | +64.1% | $853.0M | 19.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.40B | $4.61B | $5.65B | $5.01B | $5.32B | $5.52B | $6.82B | $7.31B |
| YoY Growth | 64.1% | 84.7% | 42.8% | 24.5% | 20.8% | 20.0% | 20.6% | -31.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $55.68B | $56.17B | $56.35B | $55.52B | $55.16B | $54.69B | $57.12B | $55.52B |
| Liabilities | $26.11B | $26.28B | $26.24B | $24.09B | $22.88B | $21.28B | $23.08B | $24.09B |
| Equity | $29.38B | $29.71B | $29.93B | $31.25B | $32.11B | $33.23B | $33.87B | $31.43B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $1.43B | $1.65B | $2.51B | $2.03B | $2.38B | $2.30B | $3.62B |