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Newmont

NEM · Materials

Last earnings Oct 22, 2026

Key results

Free cash flowquarter

$1.6 billion

Newmont delivered a robust third quarter performance, producing approximately 1.4 million attributable gold ounces and generating a third-quarter record of $1.6 billion in free cash flow, marking the fourth consecutive quarter with over $1 billion in free cash flow, said Tom Palmer, Newmont's Chief Executive Officer.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Reported net incomequarter

$1.8 billion

Reported Net Income of $1.8 billion, Adjusted Net Income (ANI) 2 of $1.9 billion or $1.71 per diluted share, and Adjusted EBITDA 2 of $3.3 billion Produced 1.4 million gold ounces, as well as 35 thousand tonnes of copper

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Adjusted net incomequarter

$1.9 billion

Reported Net Income of $1.8 billion, Adjusted Net Income (ANI) 2 of $1.9 billion or $1.71 per diluted share, and Adjusted EBITDA 2 of $3.3 billion Produced 1.4 million gold ounces, as well as 35 thousand tonnes of copper

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Net incomequarter

$1.8 billion

Net income attributable to Newmont stockholders was $1.8 billion or $1.67 per diluted share, a decrease of $229 million from the prior quarter.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Revenuequarter

$99 million

This decrease was primarily driven by a gain on the sale of assets held for sale of $99 million compared to a gain of $699 million in the prior quarter partially offset by higher revenues due to a higher realized gold price, slightly lower CAS, a smaller net gain on the fair value of investments and options of $38 million compared to a net gain of $151 million in the prior quarter, and a decrease of $305 million in lower income and mining taxes.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

NEWMONT THIRD QUARTER 2025 RESULTS NEWS RELEASE 2 Adjusted net income 4 for the quarter was $1.9 billion or $1.71 per diluted share, compared to $1.6 billion or $1.43 per diluted share in the prior quarter.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Primary adjustments to third quarter net income include a net gain on the sale of assets held for sale of $99 million primarily related to a partial reversal of the prior period write-down on the Coffee development project, restructuring and severance costs of $85 million, a loss on debt extinguishment of $72 million, reclamation and remediation charges of $41 million primarily related to legacy non-operating mines, impairment charges of $39 million primarily related to assets no longer in use, and a net gain on the fair value of investments and options of $38 million.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Consolidated cash from operations before working capital 5 increased 16 percent from the prior quarter to $2.6 billion primarily due to higher revenue from a higher realized gold price and slightly lower CAS.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Income and mining cash tax paid decreased 9 percent from the prior quarter to $588 million due to lower net income attributable to Newmont shareholders, as well as higher cash tax paid in the prior quarter from the closing of non-core asset divestments, primarily related to Akyem.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

AI analysis

Q3 2025 · reported Oct 23, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q3 2025
$99M
EX-99 · Oct 23, 2025
Diluted EPS · Q3 2025
$1.71
EX-99 · Oct 23, 2025
Free cash flow · Q3 2025
$1.6B
EX-99 · Oct 23, 2025
Reported net income · Q3 2025
$1.8B
EX-99 · Oct 23, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Free cash flow$1.6 billion——
Reported net income$1.8 billion——
Adjusted net income$1.9 billion——
Net income$1.8 billion——
Revenue$99 million——

EX-99 · Oct 23, 2025

Guidance · company-stated

Direction: Reiterated

Company outlook

“Newmont is beginning to capture the benefits from its cost savings initiatives, leading to an improvement of its 2025 guidance for General Administrative spend by $85 million and Exploration Advanced Projects spend by $75 million, driven by lower labor and contractor costs across the organization.”

Company outlook

“In addition, 2025 guidance for Reclamation and Remediation Accretion has improved by $125 million and Interest Expense has improved by $45 million following the reduction of nearly $3.4 billion of debt during the year.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$1.6B

Capital allocation

Dividend$0.25
Net income$99M

htm EX-99.1 Document NYSE NEM, ASX NEM, PNGX NEM Exhibit 99.1 Newmont Reports Third Quarter 2025 Results and Improves 2025 Cost Capital Guidance DENVER, October 23, 2025 Newmont Corporation (NYSE NEM, ASX NEM, PNGX NEM) (Newmont or the Company) today announced third quarter 2025 results and declared a dividend of $0.25 1 per share.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Newmont Q3 2025 — Newmont delivered a robust third quarter performance, producing approximately 1.4 million attributable gold ounces and generating a third-quarter record of $1.6 billion in free cash flow, marking the…

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Company outlook: “Newmont is beginning to capture the benefits from its cost savings initiatives, leading to an improvement of its 2025 guidance for General Administrative spend by $85 million and Exploration Advanced Projects spend by $75 million, driven by lower labor and contractor costs across the organization.”

Company outlook: “In addition, 2025 guidance for Reclamation and Remediation Accretion has improved by $125 million and Interest Expense has improved by $45 million following the reduction of nearly $3.4 billion of debt during the year.”

Company outlook — Reiterated (“maintaining”)
“We are making significant progress on the cost savings initiatives announced at the beginning of the year, enabling us to meaningfully improve our 2025 guidance for several cost metrics, while maintaining our outlook for production and unit costs in a rising gold price environment.”

Company outlook — Reiterated (“maintaining”)
“NEWMONT THIRD QUARTER 2025 RESULTS NEWS RELEASE 3 Newmont's Fourth Quarter and 2025 Guidance Newmont has made significant progress on the cost savings initiatives announced in February 2025, enabling the Company to improve its 2025 guidance for several cost metrics, while maintaining its outlook for production and unit costs in a rising gold price environment.”

Company outlook — Lowered (“lower”)
“The potential impact on inventory valuation as a result of lower prices, input costs, and project decisions are not included as part of this Outlook.”

Company outlook — Lowered (“lower”)
“Newmont is beginning to capture the benefits from its cost savings initiatives, leading to an improvement of its 2025 guidance for General Administrative spend by $85 million and Exploration Advanced Projects spend by $75 million, driven by lower labor and contractor costs across the organization.”

Company outlook — Lowered (“reduction”)
“In addition, 2025 guidance for Reclamation and Remediation Accretion has improved by $125 million and Interest Expense has improved by $45 million following the reduction of nearly $3.4 billion of debt during the year.”

Company outlook — Reiterated (“remains unchanged”)
“Newmont's 2025 CAS per ounce and AISC per ounce guidance remains unchanged, as improvements from favorable macroeconomic conditions and the Company's cost savings initiatives are largely offset by higher royalties, production taxes, and costs from profit-sharing agreements associated with a stronger gold price environment.”

Company outlook — Lowered (“lower”)
“Newmont has improved its 2025 capital guidance, reflecting lower sustaining and development capital spend.”

Company outlook — Lowered (“lower”)
“2026 INDICATIONS Newmont's attributable gold production for 2026 is expected to be within the same guidance range provided for 2025, but toward the lower end, due to the planned mine sequence at its managed operations.”

Company outlook — Raised (“increase”)
“Following the improvements to 2025 capital guidance, capital spending in 2026 is anticipated to increase as key projects advance, including the tailings work at Cadia and the potential expansion project at Red Chris, keeping the two-year average largely in line with expectations.”

Classified from the release's primary full-year outlook statement.

Capital allocation

htm EX-99.1 Document NYSE NEM, ASX NEM, PNGX NEM Exhibit 99.1 Newmont Reports Third Quarter 2025 Results and Improves 2025 Cost Capital Guidance DENVER, October 23, 2025 Newmont Corporation (NYSE NEM, ASX NEM, PNGX NEM) (Newmont or the Company) today announced third quarter 2025 results and declared a dividend of $0.25 1 per share.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

6 Includes $550 million of share repurchases since July 24, 2025, including $179 million of share repurchases settled in October 2025.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

7 The share repurchase program will be executed at the Company's discretion.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

The share repurchase program permits shares to be repurchased in a variety of methods, has no time limit and may be suspended or discontinued at any time.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

8 Total liquidity as of September 30, 2025 includes $4.0 billion available on a revolving credit facility.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Primary adjustments to third quarter net income include a net gain on the sale of assets held for sale of $99 million primarily related to a partial reversal of the prior period write-down on the Coffee development project, restructuring and severance costs of $85 million, a loss on debt extinguishment of $72 million, reclamation and remediation charges of $41 million primarily related to legacy non-operating mines, impairment charges of $39 million primarily related to assets no longer in use, and a net gain on the fair value of investments and options of $38 million.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Strategy & priorities

We are making significant progress on the cost savings initiatives announced at the beginning of the year, enabling us to meaningfully improve our 2025 guidance for several cost metrics, while maintaining our outlook for production and unit costs in a rising gold price environment.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Gold Co-Product CAS per ounce 3 of $1,185 was slightly lower than the prior quarter as Newmont's continued focus on cost discipline and productivity offset lower sales volumes and higher royalties, production taxes and costs from profit-sharing agreements associated with a stronger gold price environment.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

No capital contributions were made during the quarter related to the expansion project at Pueblo Viejo.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

NEWMONT THIRD QUARTER 2025 RESULTS NEWS RELEASE 3 Newmont's Fourth Quarter and 2025 Guidance Newmont has made significant progress on the cost savings initiatives announced in February 2025, enabling the Company to improve its 2025 guidance for several cost metrics, while maintaining its outlook for production and unit costs in a rising gold price environment.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Newmont is beginning to capture the benefits from its cost savings initiatives, leading to an improvement of its 2025 guidance for General Administrative spend by $85 million and Exploration Advanced Projects spend by $75 million, driven by lower labor and contractor costs across the organization.

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Risks & headwinds

(10) Primarily consists of litigation expenses and other settlements included in Other expense, net .

SEC original ↗Newmont — Earnings release (8-K exhibit)EX-99Oct 23, 2025

LEGAL PROCEEDINGS 65 ITEM 1A.

SEC original ↗Newmont — 10-Q Quarterly report10-QOct 22, 2026

NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties As a global mining company, the Company s revenue, profitability and future rate of growth are substantially dependent on prevailing commodity prices, primarily for gold, as well as copper, silver, lead, and zinc.

SEC original ↗Newmont — 10-Q Quarterly report10-QOct 22, 2026

Additional factors that could have short- and, possibly, long-term material adverse impacts on the Company include continued volatility in commodity prices; changes in equity and debt markets or country-specific factors affecting discount rates; significant cost inflation impacting production, capital expenditures, and asset retirement costs; logistical constraints; energy market disruptions; workforce interruptions; and uncertainties related to the costs, timing, and execution of projects.

SEC original ↗Newmont — 10-Q Quarterly report10-QOct 22, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Rio Tinto (RIO) MaterialsCemex Sab De Cv (CX) MaterialsWheaton Precious Metals (WPM) MaterialsNucor (NUE) MaterialsFranco-Nevada (FNV) MaterialsKinross Gold (KGC) MaterialsBarrick Mining (B) MaterialsCarpenter Technology (CRS) Materials
Documents

Filings

61 documents

Earnings releases

17 documents

Presentations

0 documents

No presentations for Newmont are held in this edition of the library.

Transcripts

0 documents

No transcripts for Newmont are held in this edition of the library.

Mentioned by

12 companies

Other tracked companies whose held documents mention Newmont by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.