The financials
Newmont by the numbers
Newmont (NEM) reported revenue of $6.12B in Q2 2026 (quarter ended June 30, 2026), up 15% from the same quarter a year earlier. That came with a gross margin of 66% and net income of $2.20B (36% of revenue). For the full year FY2025, revenue was $22.7B (+21% year on year) and net income $7.08B. Its largest segment in 2026-Q2 was Nevada Gold Mines at $1.07B, 20% of the disclosed total, just ahead of Boddington at 13%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $6.12B | $5.32B | +15% |
| Gross profit | $4.03B | $3.32B | +22% |
| Operating income | $3.10B | $3.07B | +0.9% |
| Net income | $2.20B | $2.06B | +6.8% |
| Diluted EPS | $2.06 | $1.85 | +11% |
| Operating | Revenue | Share |
|---|---|---|
| Nevada Gold Mines | $1.07B | 20% |
| Boddington | $679M | 13% |
| Lihir | $640M | 12% |
| Yanacocha | $581M | 11% |
| Ahafo South | $415M | 7.9% |
| Tanami | $404M | 7.7% |
| Merian Gold Project | $332M | 6.3% |
| Ahafo North | $306M | 5.8% |
| Brucejack | $253M | 4.8% |
| Cerro Negro | $230M | 4.4% |
| Cadia | $179M | 3.4% |
| Penasquito | $140M | 2.7% |
| Red Chris | $48M | 0.9% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $5.28B (-13%)
Cerro Negro grew +105% year on yearPorcupine -100% year on year
Segment Latestquarter on quarteryear on year
- Nevada Gold Mines$1.07B$1.07BQoQ -8.7%year on year +37%-8.7%+37%
- Boddington$679.0M$679.0MQoQ +39%year on year +43%+39%+43%
- Lihir$640.0M$640.0MQoQ +14%year on year +24%+14%+24%
- Yanacocha$581.0M$581.0MQoQ -14%year on year +30%-14%+30%
- Ahafo South$415.0M$415.0MQoQ -30%year on year -37%-30%-37%
- Tanami$404.0M$404.0MQoQ -6.9%year on year +36%-6.9%+36%
- Merian Gold Project$332.0M$332.0MQoQ -19%year on year +49%-19%+49%
- Ahafo North$306.0M$306.0MQoQ -3.5%year on year --3.5%-
- Brucejack$253.0M$253.0MQoQ -10.0%year on year +57%-10.0%+57%
- Cerro Negro$230.0M$230.0MQoQ -13%year on year +105%-13%+105%
- Cadia$179.0M$179.0MQoQ -63%year on year -52%-63%-52%
- Penasquito$140.0M$140.0MQoQ -51%year on year -68%-51%-68%
- Red Chris$48.0M$48.0MQoQ -29%year on year -4.0%-29%-4.0%
- Ahafo--QoQ -year on year ---
- Akyem$0.00$0.00QoQ -year on year -100%--100%
- Cripple Creek And Victor Mine--QoQ -year on year ---
- Eleonore--QoQ -year on year ---
- Musselwhite--QoQ -year on year ---
- Porcupine$0.00$0.00QoQ -year on year -100%--100%
- Telfer--QoQ -year on year ---
Basic Materials
Ranks #25 of 140 by Smart Score