Newmont Corp (NEM) financial statements: income statement, balance sheet and cash flow
Newmont Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Newmont Corp reported revenue of $22.7B (+21.3% year on year) and net income of $7.2B (+116.3% year on year).
Income statement
Newmont Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Sales (Note 5)
$22.7B
$18.7B
$11.8B
$11.9B
Costs applicable to sales
$8.1B
$9.0B
$6.7B
$6.5B
Depreciation and amortization
$2.5B
$2.6B
$2.1B
$2.2B
Reclamation and remediation (Note 6)
$249.0M
$328.0M
$1.5B
$921.0M
Exploration
$243.0M
$266.0M
$265.0M
$231.0M
Advanced projects, research and development
$166.0M
$197.0M
$200.0M
$229.0M
General and administrative
$382.0M
$442.0M
$299.0M
$276.0M
Impairment charges
$842.0M
$78.0M
$1.9B
$1.3B
(Gain) loss on sale of assets held for sale
($1.1B)
$1.1B
$0
$0
Other expense, net (Note 8)
$286.0M
$191.0M
$517.0M
$82.0M
Total costs and expenses
$11.7B
$14.2B
$13.5B
$11.7B
Change in fair value of investments and options
$604.0M
—
—
—
Other income (loss), net (Note 9)
$6.0M
$425.0M
($88.0M)
($62.0M)
Interest expense, net of capitalized interest of $144, $114 and $89, respectively
($229.0M)
($375.0M)
($243.0M)
($227.0M)
Total other income (expense)
$381.0M
$50.0M
($331.0M)
($254.0M)
Income (loss) before income and mining tax and other items
$11.3B
$4.6B
($2.0B)
($51.0M)
Income and mining tax benefit (expense) (Note 10)
($4.6B)
($1.4B)
($526.0M)
($455.0M)
Equity income (loss) of affiliates (Note 15)
$421.0M
$133.0M
$63.0M
$107.0M
Net income (loss) from continuing operations
$7.2B
$3.3B
($2.5B)
($399.0M)
Net income (loss) from discontinued operations (Note 1)
$0
$68.0M
$27.0M
$30.0M
Net income (loss)
$7.2B
$3.4B
($2.5B)
($369.0M)
Net loss (income) attributable to non-controlling interests (Note 1)
($82.0M)
($33.0M)
($27.0M)
($60.0M)
Continuing operations
$7.1B
$3.3B
($2.5B)
($459.0M)
Discontinued operations
$0
$68.0M
$27.0M
$30.0M
Net income (loss) attributable to Newmont stockholders
$7.1B
$3.3B
($2.5B)
($429.0M)
Basic (in shares)
1.1B
1.1B
841.0M
794.0M
Effect of employee stock-based awards (in shares)
2.0M
2.0M
0
1.0M
Diluted (in shares)
1.1B
1.1B
841.0M
795.0M
Continuing operations (in dollars per share)
$6.41
$2.86
-$3.00
-$0.58
Net income (loss) per common share, basic (in dollars per share)
$6.41
$2.92
-$2.97
-$0.54
Continuing operations (in dollars per share)
$6.39
$2.86
-$3.00
-$0.58
Discontinued operations (in dollars per share)
$0.00
$0.06
$0.03
$0.04
Net income (loss) per common share, diluted (in dollars per share)
$6.39
$2.92
-$2.97
-$0.54
Newmont Corp income statement, quarters
Line item
Sep 30, 2026 · Q3
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Sales (Note 5)
$6.4B
$6.1B
$7.3B
$5.5B
Costs applicable to sales
$2.1B
$2.1B
$1.9B
$2.0B
Depreciation and amortization
$632.0M
$604.0M
$632.0M
$643.0M
Reclamation and remediation (Note 6)
$199.0M
$81.0M
$78.0M
$123.0M
Exploration
$68.0M
$69.0M
$51.0M
$65.0M
Advanced projects, research and development
$58.0M
$47.0M
$45.0M
$40.0M
General and administrative
$82.0M
$74.0M
$79.0M
$86.0M
(Gain) loss on sale of assets held for sale (Note 3)
$0
($5.0M)
$0
($99.0M)
Other expense, net (Note 7)
$18.0M
$64.0M
$19.0M
$139.0M
Total costs and expenses
$3.2B
$3.0B
$2.8B
$2.9B
Other income (loss), net (Note 8)
$78.0M
($62.0M)
$156.0M
($55.0M)
Interest expense, net of capitalized interest
($31.0M)
($35.0M)
($39.0M)
($52.0M)
Total other income (expense)
$47.0M
($97.0M)
$117.0M
($69.0M)
Income (loss) before income and mining tax and other items
$3.2B
$3.0B
$4.6B
$2.5B
Income and mining tax benefit (expense) (Note 9)
($839.0M)
($952.0M)
($1.4B)
($787.0M)
Equity income (loss) of affiliates (Note 12)
$143.0M
$204.0M
$149.0M
$123.0M
Net income (loss)
$2.5B
$2.3B
$3.3B
$1.8B
Net loss (income) attributable to noncontrolling interests
($39.0M)
($49.0M)
($66.0M)
($11.0M)
Net income (loss) attributable to Newmont stockholders
$2.5B
$2.2B
$3.3B
$1.8B
Basic (in shares)
1.0B
1.1B
1.1B
1.1B
Effect of employee stock-based awards (in shares)
2.0M
2.0M
2.0M
3.0M
Diluted (in shares)
1.1B
1.1B
1.1B
1.1B
Basic (in dollars per share)
$2.36
$2.07
$3.01
$1.67
Diluted (in dollars per share)
$2.35
$2.06
$3.00
$1.67
Balance sheet
Newmont Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$7.6B
$3.6B
$3.0B
$2.9B
Trade receivables (Note 5)
$1.1B
$1.1B
$734.0M
$366.0M
Investments (Note 15)
$594.0M
$21.0M
$23.0M
—
Inventories (Note 16)
$1.5B
$1.4B
$1.7B
$979.0M
Stockpiles and ore on leach pads (Note 17)
$1.2B
$761.0M
$979.0M
$774.0M
Other receivables
$678.0M
—
$493.0M
—
Other current assets
$391.0M
$786.0M
$420.0M
$639.0M
Assets held for sale (Note 3)
$0
$4.6B
—
—
Current assets
$13.1B
$12.3B
$7.5B
$6.5B
Property, plant and mine development, net (Note 18)
$33.3B
$33.5B
$37.6B
$24.1B
Investments ($212 valued under fair value option at December 31, 2024) (Note 15)
$4.2B
$4.5B
$4.1B
$3.3B
Stockpiles and ore on leach pads (Note 17)
$2.4B
$2.3B
$1.9B
$1.7B
Deferred income tax assets (Note 10)
$45.0M
$124.0M
$268.0M
$173.0M
Goodwill (Note 19)
$2.7B
$2.7B
$3.0B
$2.0B
Other non-current assets
$1.4B
$866.0M
$640.0M
$756.0M
Total assets
$57.1B
$56.3B
$55.5B
$38.5B
Accounts payable
$816.0M
$843.0M
$960.0M
$633.0M
Employee-related benefits (Note 11)
$898.0M
$630.0M
$551.0M
$399.0M
Income and mining taxes (Note 10)
$1.2B
$381.0M
$88.0M
$199.0M
Lease and other financing obligations (Note 21)
$118.0M
$107.0M
$114.0M
$96.0M
Debt (Note 20)
$0
$924.0M
$1.9B
$0
Other current liabilities ($339 valued under fair value option at December 31, 2025) (Note 22)
$2.7B
$2.5B
$2.4B
$1.6B
Liabilities held for sale (Note 3)
$0
$2.2B
—
—
Current liabilities
$5.7B
$7.5B
$6.0B
$2.9B
Debt (Note 20)
$5.1B
$7.6B
$7.0B
$5.6B
Lease and other financing obligations (Note 21)
$356.0M
$389.0M
$448.0M
$465.0M
Reclamation and remediation liabilities (Note 6)
$6.3B
$6.4B
$8.2B
$6.6B
Deferred income tax liabilities (Note 10)
$4.0B
$2.8B
$3.0B
$1.8B
Employee-related benefits (Note 11)
$634.0M
$555.0M
$655.0M
$342.0M
Silver streaming agreement (Note 5)
$598.0M
$699.0M
$779.0M
$828.0M
Other non-current liabilities ($51 valued under fair value option at December 31, 2024) (Note 22)
$322.0M
$288.0M
$316.0M
$430.0M
Total liabilities
$23.1B
$26.2B
$26.3B
$18.9B
Common stock - $1.60 par value;
$1.8B
$1.8B
$1.9B
$1.3B
Treasury stock - 7 million and 7 million shares, respectively
-301.0M
-278.0M
-264.0M
-239.0M
Additional paid-in capital
$28.8B
$29.8B
$30.4B
$17.4B
Accumulated other comprehensive income (loss) (Note 23)
$137.0M
($95.0M)
$14.0M
$29.0M
Retained earnings (Accumulated deficit)
$3.4B
($1.3B)
($3.0B)
$916.0M
Newmont stockholders' equity
$33.9B
$29.9B
$29.0B
$19.4B
Noncontrolling interests
$175.0M
$181.0M
$178.0M
$179.0M
Total equity
$34.0B
$30.1B
$29.2B
$19.5B
Total liabilities and equity
$57.1B
$56.3B
$55.5B
$38.5B
Newmont Corp balance sheet, quarters
Line item
Sep 30, 2026
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash and cash equivalents
$8.8B
$9.0B
$8.8B
$5.6B
Trade receivables (Note 5)
$952.0M
$686.0M
$1.1B
$1.0B
Investments (Note 12)
$0
$0
$4.0M
$328.0M
Inventories (Note 13)
$1.6B
$1.5B
$1.5B
$1.5B
Stockpiles and ore on leach pads (Note 14)
$1.3B
$1.3B
$1.2B
$944.0M
Other receivables
$544.0M
$492.0M
$538.0M
—
Other current assets
$348.0M
$320.0M
$345.0M
$744.0M
Current assets
$13.6B
$13.3B
$13.5B
$10.4B
Property, plant and mine development, net
$33.9B
$33.6B
$33.3B
$33.6B
Investments (Note 12)
$4.1B
$4.1B
$4.2B
$4.1B
Stockpiles and ore on leach pads (Note 14)
$2.6B
$2.5B
$2.5B
$2.5B
Deferred income tax assets
$16.0M
$22.0M
$32.0M
$40.0M
Goodwill
$2.7B
$2.7B
$2.7B
$2.7B
Other non-current assets
$1.4B
$1.4B
$1.4B
$1.0B
Total assets
$58.2B
$57.6B
$57.7B
$54.7B
Accounts payable
$879.0M
$906.0M
$828.0M
$832.0M
Employee-related benefits
$818.0M
$708.0M
$795.0M
$750.0M
Income and mining taxes payable
$1.4B
$1.3B
$1.4B
$884.0M
Lease and other financing obligations
$134.0M
$132.0M
$116.0M
$116.0M
Other current liabilities ($339 valued under fair value option at December 31, 2025) (Note 16)
$2.3B
$2.2B
$2.4B
$2.5B
Current liabilities
$5.5B
$5.2B
$5.5B
$5.1B
Debt (Note 15)
$5.1B
$5.1B
$5.1B
$0
Lease and other financing obligations
$363.0M
$383.0M
$337.0M
$355.0M
Reclamation and remediation liabilities (Note 6)
$6.1B
$6.2B
$6.2B
$6.2B
Deferred income tax liabilities
$3.8B
$3.9B
$3.9B
$2.9B
Employee-related benefits
$624.0M
$616.0M
$604.0M
$583.0M
Silver streaming agreement
$528.0M
$546.0M
$572.0M
$623.0M
Other non-current liabilities (Note 16)
$315.0M
$338.0M
$332.0M
$339.0M
Total liabilities
$22.3B
$22.2B
$22.6B
$21.3B
Common stock
$1.7B
$1.7B
$1.7B
$1.8B
Treasury stock
($349.0M)
($348.0M)
($346.0M)
($297.0M)
Additional paid-in capital
$27.6B
$28.1B
$28.4B
$29.0B
Accumulated other comprehensive income (loss)
$123.0M
$114.0M
$156.0M
$109.0M
Retained earnings
$6.6B
$5.7B
$5.0B
$2.7B
Newmont stockholders' equity
$35.7B
$35.2B
$34.9B
$33.2B
Noncontrolling interests
$175.0M
$171.0M
$172.0M
$185.0M
Total equity
$35.9B
$35.4B
$35.1B
$33.4B
Total liabilities and equity
$58.2B
$57.6B
$57.7B
$54.7B
Cash flow statement
Newmont Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
$7.2B
$3.4B
($2.5B)
($369.0M)
Depreciation and amortization
$2.5B
$2.6B
$2.1B
$2.2B
Impairment charges
$842.0M
$78.0M
$1.9B
$1.3B
(Gain) loss on sale of assets held for sale
($1.1B)
$1.1B
$0
$0
Net loss (income) from discontinued operations
$0
($68.0M)
($27.0M)
($30.0M)
Deferred income taxes
$1.4B
$80.0M
($104.0M)
($278.0M)
Change in fair value of investments and options
($604.0M)
($62.0M)
$47.0M
$46.0M
Reclamation and remediation
$219.0M
$302.0M
$1.5B
$892.0M
Loss (gain) on debt extinguishment
$101.0M
—
—
—
Stock-based compensation
$99.0M
$89.0M
$80.0M
$73.0M
Other non-cash adjustments
($126.0M)
($113.0M)
$27.0M
$98.0M
Trade and other receivables
($93.0M)
—
—
—
Inventories, stockpiles and ore on leach pads
($454.0M)
—
—
—
Other assets
($247.0M)
—
—
—
Accounts payable
($19.0M)
—
—
—
Reclamation and remediation liabilities
($803.0M)
—
—
—
Accrued tax liabilities
$1.0B
—
—
—
Other accrued liabilities
$367.0M
—
—
—
Net cash provided by (used in) operating activities of continuing operations
$10.3B
$6.3B
$2.8B
$3.2B
Net cash provided by (used in) operating activities of discontinued operations
$0
$45.0M
$9.0M
$22.0M
Net cash provided by (used in) operating activities
$10.3B
$6.4B
$2.8B
$3.2B
Additions to property, plant and mine development
($3.0B)
($3.4B)
($2.7B)
($2.1B)
Proceeds from sales of mining operations and other assets, net
$2.8B
$560.0M
$0
$16.0M
Proceeds from sales of investments
$986.0M
$21.0M
$234.0M
$171.0M
Return of investment from equity method investees
$62.0M
$56.0M
$36.0M
$62.0M
Contributions to equity method investees
($59.0M)
($96.0M)
($108.0M)
($194.0M)
Purchases of investments
($14.0M)
($66.0M)
($551.0M)
($940.0M)
Maturities of investments
$0
$28.0M
$1.4B
$93.0M
Acquisitions, net
$0
$0
$668.0M
($15.0M)
Other
($145.0M)
$44.0M
$22.0M
($45.0M)
Net cash provided by (used in) investing activities of continuing operations
$606.0M
($2.9B)
—
($3.0B)
Net cash provided by (used in) investing activities of discontinued operations
$0
$153.0M
—
$0
Net cash provided by (used in) investing activities
$606.0M
($2.7B)
($1.0B)
($3.0B)
Repayment of debt
($3.4B)
($3.9B)
$0
($89.0M)
Repurchases of common stock
($2.3B)
($1.2B)
$0
$0
Dividends paid to common stockholders
($1.1B)
($1.1B)
($1.4B)
($1.7B)
Distributions to noncontrolling interests
($217.0M)
($161.0M)
($150.0M)
($191.0M)
Funding from noncontrolling interests
$133.0M
$115.0M
$138.0M
$117.0M
Payments on lease and other financing obligations
($95.0M)
($87.0M)
($67.0M)
($66.0M)
Payments for withholding of employee taxes related to stock-based compensation
($23.0M)
($14.0M)
($25.0M)
($39.0M)
Proceeds from issuance of debt, net
$0
$3.5B
—
—
Other
$1.0M
($31.0M)
($20.0M)
$6.0M
Net cash provided by (used in) financing activities
($7.0B)
($3.0B)
($1.6B)
($2.4B)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($4.0M)
($20.0M)
($2.0M)
($30.0M)
Net change in cash, cash equivalents and restricted cash, including cash and restricted cash reclassified to assets held for sale
$3.9B
$688.0M
—
—
Newmont Corp cash flow statement, quarters
Line item
Sep 30, 2026 · YTD
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Net income (loss)
$8.1B
$5.6B
$3.3B
$5.8B
Depreciation and amortization
$1.9B
$1.2B
$632.0M
$1.9B
(Gain) loss on sale of assets held for sale
($5.0M)
($5.0M)
$0
($1.1B)
Reclamation and remediation
$339.0M
$149.0M
$75.0M
$282.0M
Deferred income taxes
($155.0M)
($146.0M)
($45.0M)
$416.0M
Change in fair value of investments and options
$24.0M
$24.0M
($87.0M)
($480.0M)
Other non-cash adjustments
$170.0M
$164.0M
$84.0M
$93.0M
Trade and other receivables
$213.0M
$531.0M
$70.0M
$74.0M
Inventories, stockpiles and ore on leach pads
($455.0M)
($283.0M)
($152.0M)
($342.0M)
Other assets
$25.0M
$16.0M
($11.0M)
($143.0M)
Accounts payable
$80.0M
$102.0M
$18.0M
($8.0M)
Reclamation and remediation liabilities
($714.0M)
($458.0M)
($209.0M)
($527.0M)
Accrued tax liabilities
$113.0M
$84.0M
$200.0M
$527.0M
Other accrued liabilities
($119.0M)
($284.0M)
($118.0M)
$148.0M
Net cash provided by (used in) operating activities
$9.5B
$6.7B
$3.8B
$6.7B
Additions to property, plant and mine development
($2.2B)
($1.4B)
($641.0M)
($2.2B)
Proceeds from sales of investments
$257.0M
$257.0M
$257.0M
$952.0M
Return of investment from equity method investees
$137.0M
$42.0M
$26.0M
$55.0M
Proceeds from sales of mining operations and other assets, net
$99.0M
$100.0M
$91.0M
$2.8B
Contributions to equity method investees
($88.0M)
($57.0M)
($25.0M)
($52.0M)
Other
($39.0M)
($15.0M)
($10.0M)
($117.0M)
Net cash provided by (used in) investing activities
($1.9B)
($1.0B)
($302.0M)
$1.4B
Repurchases of common stock
($5.2B)
($3.5B)
($1.9B)
($1.9B)
Dividends paid to common stockholders
($831.0M)
($559.0M)
($282.0M)
($834.0M)
Distributions to noncontrolling interests
($238.0M)
($189.0M)
($105.0M)
($132.0M)
Funding from noncontrolling interests
$101.0M
$68.0M
$35.0M
$103.0M
Payments on lease and other financing obligations
($78.0M)
($53.0M)
($27.0M)
($70.0M)
Repayment of debt
($39.0M)
($39.0M)
($39.0M)
($3.4B)
Other
($83.0M)
($67.0M)
($44.0M)
($20.0M)
Net cash provided by (used in) financing activities
($6.4B)
($4.3B)
($2.4B)
($6.2B)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($26.0M)
($16.0M)
$1.0M
($8.0M)
Net change in cash, cash equivalents and restricted cash, including cash and restricted cash reclassified to assets held for sale
$1.2B
$1.4B
$1.1B
$1.9B
Change in cash and restricted cash reclassified to assets held for sale
$0
$0
$0
$138.0M
Net change in cash, cash equivalents and restricted cash
$1.2B
$1.4B
$1.1B
$2.0B
Cash, cash equivalents and restricted cash at beginning of period
$7.7B
$7.7B
$7.7B
$3.6B
Cash, cash equivalents and restricted cash at end of period
$8.9B
$9.0B
$8.8B
$5.7B
Cash and cash equivalents
$8.8B
$9.0B
$8.8B
$5.6B
Restricted cash included in other current assets
$1.0M
$1.0M
$3.0M
$1.0M
Restricted cash included in other non-current assets