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NewmontNEM

Legal name
Newmont Corporation
Sector
Other
Industry
Gold and Silver Ores
Exchange
NYSE

Stock Price $NEM

Latest filings

You are here#3 of 25 in Materials by market cap

Filing record · 2016–202610-K1210-Q338-K155

NEM filed 12 annual reports (10-K), 33 quarterly reports (10-Q) and 155 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · May ’17May ’17
  2. Material agreement8-K · Aug ’19Aug ’19
  3. Leadership change8-K · Nov ’21Nov ’21
  4. Leadership change8-K · Sep ’25Sep ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  15. $22.67B
YoY changeLargest recent move+58.2%in FY24Latest +21.3%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All NEM Financial Metrics60 metrics

Income Statement15

Balance Sheet27

Cash Flow13

Per Share5

02—Overview

Newmont Financial Overview 2021–2025

Updated Nov 3, 2026

Newmont Corporation generated a staggering $7.3 billiona in free cash flow during FY2025, marking a massive turnaround from just $88 million in FY2023. This cash generation underscores the successful integration of a $13.5 billion acquisition of Newcrest Mining alongside surging commodity prices, positioning Newmont as a highly profitable, streamlined gold producer.

The company's top line completely transformed over the last half-decade, as revenue grew from $12.22 billion in FY2021 to $22.67 billionb in FY2025. This growth was fueled by higher realized gold prices and strategic portfolio optimization, where management aggressively shed non-core assets to focus on Tier 1 mines. Operations drove sustained cash flow despite inflationary pressures pushing all-in sustaining costs to $1,609 per ounce in FY2025. By the end of FY2025, the company commanded 118.2 million ounces of proven and probable gold reserves and built a formidable liquidity cushion of $7.65 billion in cash.

As profitability rebounded from a net loss of $2.52 billionc in FY2023 to a net income of $7.09 billion in FY2025, the market took notice. The stock traded at $99.85 per share at the close of FY2025, reflecting investor confidence in a business that successfully deleveraged its balance sheet and funded a steady $0.25 quarterly dividend while riding a historic gold cycle.

Recent Developments (Q2 and Q3 2026)

Newmont's Q2 2026 was disrupted by seismic activity at Cadia. Gold by-product AISC rose 58% to $1,621/ozd, and net income fell $1.1 billion from Q1 to $2.2 billion. Results recovered through Q3 2026: nine-month sales rose 25% to $19.79 billion, and diluted EPS reached $7.43 versus $5.20. Full-year cost guidance improved to $1,520/oz AISC, with production on track for 5.3 million ounces.

Management changes included Brian Tabolt as CFO and Mark Rodgers as COO, both effective July 2026. Newmont will pay Barrick $1.95 billione to settle Nevada Gold Mines disputes. It returned $1.9 billion to shareholders in each of the two periods.

Bull case: $9.48 billion of nine-month operating cash flow and a net cash balance support continued buybacks. Bear case: at 17.9x earnings as of the October 21, 2026 report date, any gold price pullback or Cadia setback could pressure margins.

What to watch: Red Chris Block Cave investment decision in early 2027; H2-weighted production delivery against 5.3 million ounces

03—Filings

Recent SEC Filings

  1. 8-KNewmont 8-K Report, Financial Results (Oct 22, 2026)Newmont Corporation reported its third-quarter 2026 results, demonstrating strong operational execution and positioning to meet full-year guidance. The company produced approximately 1.3 million attributable gold ounces and generated $1.9 billion in free cash flow. Newmont continues to prioritize shareholder returns, having returned $1.9 billion to shareholders through dividends and share repurchases since its last earnings call, resulting in a notable reduction in its total share count. The company also announced an improved full-year cost outlook, with Gold by-product Costs Applicable to Sales (CAS) and All-In Sustaining Costs (AISC) showing positive trends. Key project developments include progress on the Red Chris Block Cave project and completion of shaft construction at Tanami Expansion 2, both advancing according to or ahead of schedule. Financially, Newmont reported a Net Income of $2.5 billion and an Adjusted Net Income of $2.3 billion ($2.20 per diluted share), with Adjusted EBITDA at $4.0 billion. The balance sheet remains robust, ending the quarter with $8.8 billion in cash and $12.8 billion in total liquidity, maintaining a net cash position of $3.2 billion. The company also amended its Nevada Gold Mines Joint Venture agreement and continues to advance its capital allocation framework, emphasizing sustaining capital investment, a sustainable dividend, disciplined development capital, and an optimized capital structure.
  2. 8-KNewmont 8-K Report, Executive Changes (Aug 20, 2026)Newmont Corporation (NEM) announced a significant addition to its Board of Directors with the appointment of Peter David Beaven as an independent director, effective September 1, 2026. Mr. Beaven brings a wealth of global mining and finance expertise, having previously served as Group Chief Financial Officer of BHP. His extensive experience in strategy, mergers, acquisitions, divestments, and financial functions, including investor relations, is expected to be a valuable asset to Newmont's board. Furthermore, Mr. Beaven will be joining the Audit Committee, a crucial role given his background. His current involvements include serving as Chair and interim CEO of Renewable Metals Pty Ltd., and as a Senior Adviser to Global Infrastructure Partners, indicating his continued engagement in the resources and investment sectors. This appointment signals a strategic strengthening of the Board's oversight and financial acumen.
  3. 8-KNewmont 8-K Report, Material Agreement (Aug 13, 2026)On August 10, 2026, Newmont and Barrick entered into a Second Amended and Restated LLC Agreement for the Nevada Gold Mines (NGM) joint venture, filed under Item 1.01 and disclosed in this 8-K dated August 13, 2026. Under the agreement, Barrick's Fourmile project and Newmont's Fiberline and Mike projects (the "Projects") will be contributed to NGM. Newmont will pay Barrick $1.95 billion in cash within 30 days after the Fourmile contribution, and NGM will assume all liabilities associated with the Projects. The filing also reflects capital contribution accounting of $1.95 billion for Newmont and approximately $3.11 billion for Barrick. Concurrently, the parties signed a confidential Settlement Agreement resolving all outstanding disputes related to NGM. The agreement also modifies the valuation of future development and exploration contributions, the dilution mechanics for a non-contributing member, and certain governance approval rights over NGM senior leadership. Newmont has consented to Barrick's proposed North American IPO of its gold assets, which the press release states follows from the dispute resolution and property contributions. For investors, the key takeaways are the removal of a long-running source of joint venture friction, a defined $1.95 billion cash outlay by Newmont, and clearer governance and capital-call mechanics for NGM. The filing does not disclose the timing of closing, the financial impact on Newmont's earnings, or the terms of the confidential settlement, so these remain open questions for investors.
  4. 8-KNewmont 8-K Report, Financial Results (Jul 23, 2026)Newmont reported a strong second quarter 2026, with attributable gold production of 1.29 million ounces, record second-quarter free cash flow of $2.2 billion, and net income attributable to stockholders of $2.2 billion ($2.06 per diluted share). Adjusted net income was $2.2 billion ($2.10 per diluted share) and Adjusted EBITDA was $3.8 billion. Results were down sequentially from Q1 2026 on lower realized gold prices ($4,414/oz versus $4,900/oz) and a Cadia seismic event that halted operations in April. Gold by-product all-in sustaining costs (AISC) rose to $1,621/oz from $1,029/oz, although management said year-to-date costs remain well below full-year guidance. Management reaffirmed its 2026 guidance of 5.3 million attributable gold ounces and said it remains on track. It declared a quarterly dividend of $0.26 per share (an indicated annualized $1.04), payable September 28, 2026. Since the last earnings call, Newmont has repurchased $1.7 billion of stock, with $4.3 billion left under the $6.0 billion authorization. Cash stood at $9.0 billion and net cash at $3.4 billion. Management also expects third-quarter gold production to be broadly in line with Q2, with unit costs rising on higher sustaining capital spend. The filing is a furnished (not filed) Item 2.02 8-K attaching the earnings release. Because the release is furnished, it is not subject to Section 18 liability, and the forward-looking statements and non-GAAP reconciliations are presented as management's own disclosures.
  5. 8-KNewmont 8-K Report, Executive Changes (Jun 15, 2026)Newmont (NYSE: NEM) filed an 8-K on June 15, 2026 announcing a broad executive leadership reshuffle effective July 1, 2026, under President and CEO Natascha Viljoen. Brian Tabolt, currently Senior Vice President, Global Finance and Chief Accounting Officer, will become Executive Vice President and Chief Financial Officer, succeeding interim CFO Peter Wexler, who returns to his role as Chief Legal Officer. Joshua Cage, Global Controller, will take over as Chief Accounting Officer and Controller. Mark Rodgers (currently Managing Director, Africa Asia Pacific) becomes Chief Operating Officer, and David Thornton (currently Managing Director, Americas) becomes Chief Technical Officer. David Fry is promoted to Executive Vice President, Project Development. Erin Workman, the interim CTO, moves to Senior Vice President and Group Head, Health, Safety, Security and Environment. From an investor standpoint, the filing signals a deliberate bench-strengthening exercise rather than a response to a crisis: all named successors are internal promotions with long Newmont or industry tenure, and the company's own release frames the changes as reflecting depth of talent. The principal financial-relevant items are compensation terms. Rodgers receives a $800,000 base salary with a 105% short-term incentive target, and Thornton a $630,000 base with 85%. Tabolt's base is $685,000 with a 100% STI target. Each receives one-time, three-year RSU make-whole awards tied to the difference between prior and new target incentive levels ($650,000, $250,000 and $680,000 respectively), and Wexler receives a $500,000 three-year RSU award for his interim CFO service. These are modest relative to a company of Newmont's scale. The key watch items are execution continuity and the CFO transition. Tabolt's appointment keeps finance leadership within the company, which reduces transition risk, and the filing notes that his prior external experience includes Molson Coors and Deloitte. Investors may also monitor whether the new operations and technical leadership sharpen performance at Newmont's 12 operating sites and its project pipeline, since the release emphasizes cost discipline and project execution. No financial results, guidance, or operational metrics were disclosed in this filing.
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04—See also

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