Newmont Corporation
NEM · NYSE · producer · market cap $138.9B as of 24 Aug 2026
What Newmont Corporation's own filings say about its costs, margins and results, every figure cited.
Newmont Corporation share price
- Latest AISC$1,621/ozRank 7 of 35release
- Margin at today's spot
- Gold produced, attributable1.29Msource
- EV per oz of P&P reserves
- Next report22 Octprior report
Today's spot price minus the latest reported mining cost. Reporting periods vary. This is an illustrative spread, not reported profit. Methodology
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Newmont Corporation
Newmont Corporation is primarily a gold producer with significant operations or assets in countries including the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, the Dominican Republic and Chile. Newmont was incorporated in 1921 and has its corporate headquarters in Denver, Colorado. It describes itself as "the world's leading gold company". Newmont is traded on the New York Stock Exchange under the ticker NEM and listed on the Australian Securities Exchange and the Papua New Guinea Securities Exchange under the same ticker. In 2025, the company produced 5,530 thousand ounces of gold on a consolidated basis and 5,889 thousand ounces on an attributable basis.
Costs and margins
- Price, quarter average
- $4,512/toz
- AISC
- $1,621/oz
- Margin
- $2,891/oz
- Margin, % of price
- 64.1%
Latest AISC $1,621 per troy ounce. Gold miners: median AISC $1,926 per troy ounce, Q2 2026, 35 reporters. 7 lowest of 35 gold miners reporting Q2 2026.
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2025 | $3,459 | $1,303 |
| Q4 2025 | $4,152 | $1,302 |
| Q1 2026 | $4,876 | $1,029 |
| Q2 2026 | $4,512 | $1,621 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2023 | $1,929 | $1,467 |
| $1,976 | $1,540 | |
| Q1 2024 | $2,072 | $1,373 |
| $2,336 | $1,412 | |
| Q3 2024 | $2,480 | $1,611 |
| $2,663 | $1,319 | |
| Q1 2025 | $2,863 | $1,447 |
| $3,293 | $1,375 | |
| Q3 2025 | $3,459 | $1,303 |
| $4,152 | $1,302 | |
| $4,876 | $1,029 | |
| Q2 2026 | $4,512 | $1,621 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2021 | $1,789 | $1,041 |
| $1,796 | $1,056 | |
| $1,873 | $1,156 | |
| Q2 2022 | $1,874 | $1,261 |
| $1,726 | $1,268 | |
| $1,729 | $1,211 | |
| Q1 2023 | $1,888 | $1,354 |
| $1,978 | $1,531 | |
| $1,929 | $1,467 | |
| Q4 2023 | $1,976 | $1,540 |
| $2,072 | $1,373 | |
| $2,336 | $1,412 | |
| Q3 2024 | $2,480 | $1,611 |
| $2,663 | $1,319 | |
| $2,863 | $1,447 | |
| Q2 2025 | $3,293 | $1,375 |
| $3,459 | $1,303 | |
| $4,152 | $1,302 | |
| $4,876 | $1,029 | |
| Q2 2026 | $4,512 | $1,621 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q4 2019 | $1,482 | $954 |
| $1,583 | $1,040 | |
| $1,710 | $1,104 | |
| $1,912 | $940 | |
| Q4 2020 | $1,875 | $957 |
| $1,798 | $953 | |
| $1,815 | $918 | |
| $1,789 | $1,041 | |
| Q4 2021 | $1,796 | $1,056 |
| $1,873 | $1,156 | |
| $1,874 | $1,261 | |
| $1,726 | $1,268 | |
| Q4 2022 | $1,729 | $1,211 |
| $1,888 | $1,354 | |
| $1,978 | $1,531 | |
| $1,929 | $1,467 | |
| Q4 2023 | $1,976 | $1,540 |
| $2,072 | $1,373 | |
| $2,336 | $1,412 | |
| $2,480 | $1,611 | |
| Q4 2024 | $2,663 | $1,319 |
| $2,863 | $1,447 | |
| $3,293 | $1,375 | |
| $3,459 | $1,303 | |
| $4,152 | $1,302 | |
| $4,876 | $1,029 | |
| Q2 2026 | $4,512 | $1,621 |
All-in sustaining cost (AISC) and the average gold price by quarter, newest first, US$ per ounce; every row cites the company's own release.
| Quarter | Price avg | AISC | Margin | Margin % | Source |
|---|---|---|---|---|---|
| Q2 2026 | $4,512 | $1,621 | $2,891 | 64.1% | release |
| Q1 2026 | $4,876 | $1,029 | $3,847 | 78.9% | release |
| Q4 2025 | $4,152 | $1,302 | $2,850 | 68.6% | release |
| Q3 2025 | $3,459 | $1,303 | $2,156 | 62.3% | release |
| Q2 2025 | $3,293 | $1,375 | $1,918 | 58.2% | release |
| Q1 2025 | $2,863 | $1,447 | $1,416 | 49.5% | release |
| Q4 2024 | $2,663 | $1,319 | $1,344 | 50.5% | release |
| Q3 2024 | $2,480 | $1,611 | $869 | 35.0% | release |
| Q2 2024 | $2,336 | $1,412 | $924 | 39.6% | release |
| Q1 2024 | $2,072 | $1,373 | $699 | 33.7% | release |
| Q4 2023 | $1,976 | $1,540 | $436 | 22.1% | release |
| Q3 2023 | $1,929 | $1,467 | $462 | 24.0% | release |
| Q2 2023 | $1,978 | $1,531 | $447 | 22.6% | release |
| Q1 2023 | $1,888 | $1,354 | $534 | 28.3% | release |
| Q4 2022 | $1,729 | $1,211 | $518 | 30.0% | release |
| Q3 2022 | $1,726 | $1,268 | $458 | 26.5% | release |
| Q2 2022 | $1,874 | $1,261 | $613 | 32.7% | release |
| Q1 2022 | $1,873 | $1,156 | $717 | 38.3% | release |
| Q4 2021 | $1,796 | $1,056 | $740 | 41.2% | release |
| Q3 2021 | $1,789 | $1,041 | $748 | 41.8% | release |
| Q2 2021 | $1,815 | $918 | $897 | 49.4% | release |
| Q1 2021 | $1,798 | $953 | $845 | 47.0% | release |
| Q4 2020 | $1,875 | $957 | $918 | 49.0% | release |
| Q3 2020 | $1,912 | $940 | $972 | 50.8% | release |
| Q2 2020 | $1,710 | $1,104 | $606 | 35.4% | release |
| Q1 2020 | $1,583 | $1,040 | $543 | 34.3% | release |
| Q4 2019 | $1,482 | $954 | $528 | 35.6% | release |
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Gold produced, attributable
- 1,293,000 oz
- Prior-quarter gold production
- 1,301,000 oz
- Year-ago gold production
- 1,478,000 oz
More ways to compare Newmont Corporation
- Reported AISC
- Rank 7 of 35View comparable rankings
- Proven and probable gold reserves
- Rank 1 of 13View comparable rankings
Newmont's mines and operations
| Ownership | Jurisdiction | Status | Source | |
|---|---|---|---|---|
| Lihir | 100% owned | Papua New Guinea | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Cadia | 100% owned | Australia | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Tanami | 100% owned | Australia | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Boddington | 100% owned | Australia | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Ahafo South | 100% owned | Ghana | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Ahafo North | 100% owned | Ghana | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Merian | 75% owned | Suriname | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Cerro Negro | 100% owned | Argentina | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Yanacocha | 100% owned | Peru | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Peñasquito | 100% owned | Mexico | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Pueblo Viejo | 40% owned | Dominican Republic | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Red Chris | 70% owned | Canada | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Brucejack | 100% owned | Canada | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| NGM | 38.5% | Nevada | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Wafi-Golpu | 50% owned | Papua New Guinea | Development | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| NuevaUnión | 50% owned | Atacama Region of Chile | Development | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Norte Abierto | 50% owned | Atacama Region of Chile | Development | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Conga Project | 100% owned | Cajamarca Region of Northern Peru | Exploration | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| La Bikina | 50% owned | Sonora, Mexico | Exploration | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Galore Creek | 50% owned | British Columbia, Canada | Exploration | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Akyem | Not available | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Porcupine | Not available | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Éléonore | Not available | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Musselwhite | Not available | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| CC&V | Not available | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Namosi | 73.24% | Fiji | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
Financials, as filed
Key financials
- Revenue
- $6.1B
- Net income
- $2.2B
- Operating cash flow
- $3.8B
- Cash and equivalents
- $9.0B
- Debt
- $5.1B
- EPS (diluted)
- $2.06
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | FY 2025 | $22,669,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Revenue us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | Q2 2026 | $6,118,000,000 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| Net income us-gaap:NetIncomeLoss | FY 2025 | $7,085,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Net income us-gaap:NetIncomeLoss | Q2 2026 | $2,202,000,000 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | FY 2025 | $6.41 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | Q2 2026 | $2.07 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | FY 2025 | $6.39 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | Q2 2026 | $2.06 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | FY 2025 | $10,334,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | Q1 2026 | $3,785,000,000 | SEC XBRL, as filed | 10-Q · 23 Apr 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | FY 2025 | $7,647,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | Q2 2026 | $9,009,000,000 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | FY 2025 | $5,115,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | Q2 2026 | $5,083,000,000 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | Q2 2026 | 1,053,692,271 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
| Dividends paid us-gaap:PaymentsOfDividendsCommonStock | FY 2025 | $1,106,000,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Dividends paid us-gaap:PaymentsOfDividendsCommonStock | Q1 2026 | $282,000,000 | SEC XBRL, as filed | 10-Q · 23 Apr 2026 |
| Dividend per share us-gaap:CommonStockDividendsPerShareDeclared | Q2 2026 | $0.26 | SEC XBRL, as filed | 10-Q · 23 Jul 2026 |
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
- A dash means the SEC filings carry no figure for that year. It is never zero.
Reserves and resources
Year-end 2025, million ounces, gold basis, as the company states it. Reserves and resources are separate classes and are never added together.
| Proven and probable | Proven | Probable | Measured and indicated | Inferred | Source |
|---|---|---|---|---|---|
| 118.2 Moz | 16.5 Moz | 101.8 Moz | 88.1 Moz exclusive of reserves | 60.6 Moz | source |
Filings
| Date | Source |
|---|---|
| 20 Aug 2026 | 8-K(20 Aug 2026) |
| 13 Aug 2026 | 8-K(13 Aug 2026) |
| 23 Jul 2026 | 10-Q(23 Jul 2026) |
| 23 Jul 2026 | 8-K(23 Jul 2026) |
| 15 Jun 2026 | 8-K(15 Jun 2026) |
| 13 May 2026 | 8-K(13 May 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.