NEWMONT Corp /DE/
Business
Newmont Corporation is the world's leading gold producer, operating mining operations across the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Peru, Mexico, Canada, and other jurisdictions. The company produces gold primarily as doré bars and refined bullion, along with co-product copper, silver, lead, and zinc from select operations, sold as concentrates to smelters. Newmont operates mines ranging from oxide and free-milling to refractory and sulfide processing methods, holding a significant interest in Nevada Gold Mines and maintaining one of the largest attributable gold reserve bases.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales (Note 5) | 22,669 | 18,682 | 11,812 | 11,915 | 12,222 | |
| Costs applicable to sales | 8,085 | 8,963 | 6,699 | 6,468 | 5,435 | |
| Depreciation and amortization | 2,521 | 2,576 | 2,108 | 2,185 | 2,323 | |
| Reclamation and remediation (Note 6) | 249 | 328 | 1,533 | 921 | 1,846 | |
| Exploration | 243 | 266 | 265 | 231 | 209 | |
| Advanced projects, research and development | 166 | 197 | 200 | 229 | 154 | |
| General and administrative | 382 | 442 | 299 | 276 | 259 | |
| Impairment charges | 842 | 78 | 1,891 | 1,320 | 25 | |
| (Gain) loss on sale of assets held for sale | −1,066 | 1,114 | 0 | 0 | 571 | |
| Other expense, net (Note 8) | 286 | 191 | 517 | 82 | 143 | |
| Total costs and expenses | 11,708 | 14,155 | 13,512 | 11,712 | 10,965 | |
| Change in fair value of investments and options | 604 | 62 | −47 | — | — | |
| Other income (loss), net (Note 9) | 6 | 363 | −41 | −27 | 125 | |
| Interest expense, net of capitalized interest of $144, $114 and $89, respectively | −229 | −375 | −243 | −227 | −274 | |
| Total other income (expense) | 381 | 50 | −331 | −254 | −149 | |
| Income (loss) before income and mining tax and other items | 11,342 | 4,577 | −2,031 | −51 | 1,108 | |
| Income and mining tax benefit (expense) (Note 10) | −4,596 | −1,397 | −526 | −455 | −1,098 | |
| Equity income (loss) of affiliates (Note 15) | 421 | 133 | 63 | 107 | 166 | |
| Net income (loss) from continuing operations | 7,167 | 3,313 | −2,494 | −399 | 176 | |
| Net income (loss) from discontinued operations (Note 1) | 0 | 68 | 27 | 30 | 57 | |
| Net income (loss) | 7,167 | 3,381 | −2,467 | −369 | 233 | |
| Net loss (income) attributable to non-controlling interests (Note 1) | −82 | −33 | −27 | −60 | 933 | |
| Net income (loss) attributable to Newmont stockholders | 7,085 | 3,348 | −2,494 | −429 | 1,166 | |
| Continuing operations | 7,085 | 3,280 | −2,521 | −459 | 1,109 | |
| Discontinued operations | 0 | 68 | 27 | 30 | 57 | |
| Basic (in shares) | 1,106 | 1,146 | 841 | 794 | 799 | |
| Effect of employee stock-based awards (in shares) | 2 | 2 | 0 | 1 | 2 | |
| Diluted (in shares) | 1,108 | 1,148 | 841 | 795 | 801 | |
| Continuing operations (in dollars per share) | 6.41 | 2.86 | −3 | −0.58 | 1.39 | |
| Discontinued operations (in dollars per share) | 0 | 0.06 | 0.03 | 0.04 | 0.07 | |
| Net income (loss) per common share, basic (in dollars per share) | 6.41 | 2.92 | −2.97 | −0.54 | 1.46 | |
| Continuing operations (in dollars per share) | 6.39 | 2.86 | −3 | −0.58 | 1.39 | |
| Discontinued operations (in dollars per share) | 0 | 0.06 | 0.03 | 0.04 | 0.07 | |
| Net income (loss) per common share, diluted (in dollars per share) | 6.39 | 2.92 | −2.97 | −0.54 | 1.46 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,647 | 3,619 | 3,002 | 2,877 | 4,992 | |
| Trade receivables (Note 5) | 1,067 | 1,056 | 734 | 366 | 337 | |
| Investments (Note 15) | 594 | 21 | 23 | 880 | 82 | |
| Inventories (Note 16) | 1,512 | 1,423 | 1,663 | 979 | 930 | |
| Stockpiles and ore on leach pads (Note 17) | 1,177 | 761 | 979 | 774 | 857 | |
| Other receivables | 678 | 496 | 493 | 324 | — | |
| Other current assets | 391 | 290 | 913 | 303 | 498 | |
| Assets held for sale (Note 3) | 0 | 4,609 | 0 | — | — | |
| Current assets | 13,066 | 12,275 | 7,512 | 6,515 | 7,696 | |
| Property, plant and mine development, net (Note 18) | 33,310 | 33,547 | 37,563 | 24,073 | 24,124 | |
| Investments ($212 valued under fair value option at December 31, 2024) (Note 15) | 4,186 | 4,471 | 4,143 | 3,278 | 3,243 | |
| Stockpiles and ore on leach pads (Note 17) | 2,410 | 2,266 | 1,935 | 1,716 | 1,775 | |
| Deferred income tax assets (Note 10) | 45 | 124 | 268 | 173 | 269 | |
| Goodwill (Note 19) | 2,658 | 2,658 | 3,001 | 1,971 | 2,771 | |
| Other non-current assets | 1,446 | 1,008 | 640 | 560 | 686 | |
| Total assets | 57,121 | 56,349 | 55,506 | 38,482 | 40,564 | |
| Accounts payable | 816 | 843 | 960 | 633 | 518 | |
| Employee-related benefits (Note 11) | 898 | 630 | 551 | 399 | 386 | |
| Income and mining taxes (Note 10) | 1,188 | 381 | 88 | 199 | 384 | |
| Lease and other financing obligations (Note 21) | 118 | 107 | 114 | 96 | 106 | |
| Debt (Note 20) | 0 | 924 | 1,923 | 0 | 87 | |
| Other current liabilities ($339 valued under fair value option at December 31, 2025) (Note 22) | 2,692 | 2,481 | 2,362 | 1,599 | 1,173 | |
| Liabilities held for sale (Note 3) | 0 | 2,177 | 0 | — | — | |
| Current liabilities | 5,712 | 7,543 | 5,998 | 2,926 | 2,654 | |
| Debt (Note 20) | 5,115 | 7,552 | 6,951 | 5,571 | 5,565 | |
| Lease and other financing obligations (Note 21) | 356 | 389 | 448 | 465 | 544 | |
| Reclamation and remediation liabilities (Note 6) | 6,297 | 6,394 | 8,167 | 6,578 | 5,839 | |
| Deferred income tax liabilities (Note 10) | 4,045 | 2,820 | 2,987 | 1,809 | 2,144 | |
| Employee-related benefits (Note 11) | 634 | 555 | 655 | 342 | 439 | |
| Silver streaming agreement (Note 5) | 598 | 699 | 779 | 828 | 910 | |
| Other non-current liabilities ($51 valued under fair value option at December 31, 2024) (Note 22) | 322 | 288 | 316 | 430 | 608 | |
| Total liabilities | 23,079 | 26,240 | 26,301 | 18,949 | 18,703 | |
| Commitments and contingencies (Note 24) | — | — | — | — | — | |
| Common stock - $1.60 par value; | 1,753 | 1,813 | 1,854 | 1,279 | 1,276 | |
| Treasury stock - 7 million and 7 million shares, respectively | −301 | −278 | −264 | −239 | −200 | |
| Additional paid-in capital | 28,847 | 29,808 | 30,419 | 17,369 | 17,981 | |
| Accumulated other comprehensive income (loss) (Note 23) | 137 | −95 | 14 | 29 | −133 | |
| Retained earnings (Accumulated deficit) | 3,431 | −1,320 | −2,996 | 916 | 3,098 | |
| Newmont stockholders' equity | 33,867 | 29,928 | 29,027 | 19,354 | 22,022 | |
| Noncontrolling interests | 175 | 181 | 178 | 179 | −209 | |
| Total equity | 34,042 | 30,109 | 29,205 | 19,533 | 21,813 | |
| Total liabilities and equity | 57,121 | 56,349 | 55,506 | 38,482 | 40,564 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Deferred income taxes | 1,391 | 80 | −104 | −278 | −109 | |
| Change in fair value of investments and options | −604 | −62 | 47 | 46 | 135 | |
| Reclamation and remediation | 219 | 302 | 1,506 | 892 | 1,827 | |
| Loss (gain) on debt extinguishment | 101 | −32 | 0 | — | — | |
| Stock-based compensation | 99 | 89 | 80 | 73 | 72 | |
| Other non-cash adjustments | −126 | −115 | 233 | 98 | −5 | |
| Trade and other receivables | −93 | −441 | −240 | — | — | |
| Inventories, stockpiles and ore on leach pads | −454 | −534 | −187 | — | — | |
| Other assets | −247 | 64 | 50 | — | — | |
| Accounts payable | −19 | −2 | −42 | — | — | |
| Reclamation and remediation liabilities | −803 | −433 | −275 | — | — | |
| Accrued tax liabilities | 1,039 | 235 | −197 | — | — | |
| Other accrued liabilities | 367 | 86 | 378 | — | — | |
| Net cash provided by (used in) operating activities of continuing operations | 10,334 | 6,318 | 2,754 | 3,198 | 4,266 | |
| Net cash provided by (used in) operating activities of discontinued operations | 0 | 45 | 9 | 22 | 13 | |
| Net cash provided by (used in) operating activities | 10,334 | 6,363 | 2,763 | 3,220 | 4,279 | |
| Additions to property, plant and mine development | −3,035 | −3,402 | −2,666 | −2,131 | −1,653 | |
| Proceeds from sales of mining operations and other assets, net | 2,811 | 560 | 0 | 16 | 84 | |
| Proceeds from sales of investments | 986 | 21 | 234 | 171 | 194 | |
| Return of investment from equity method investees | 62 | 56 | 36 | 62 | 18 | |
| Contributions to equity method investees | −59 | −96 | −108 | −194 | −150 | |
| Purchases of investments | −14 | −66 | −551 | −940 | −59 | |
| Maturities of investments | 0 | 28 | 1,363 | 93 | 0 | |
| Acquisitions, net | 0 | 0 | 668 | −15 | −328 | |
| Other | −145 | 44 | 22 | −45 | 26 | |
| Net cash provided by (used in) investing activities of continuing operations | 606 | −2,855 | −1,002 | −2,983 | −1,868 | |
| Net cash provided by (used in) investing activities of discontinued operations | 0 | 153 | 0 | 0 | 0 | |
| Net cash provided by (used in) investing activities | 606 | −2,702 | −1,002 | −2,983 | −1,868 | |
| Repayment of debt | −3,430 | −3,860 | 0 | −89 | −1,382 | |
| Repurchases of common stock | −2,303 | −1,246 | 0 | 0 | −525 | |
| Dividends paid to common stockholders | −1,106 | −1,145 | −1,415 | −1,746 | −1,757 | |
| Distributions to noncontrolling interests | −217 | −161 | −150 | −191 | −200 | |
| Funding from noncontrolling interests | 133 | 115 | 138 | 117 | 100 | |
| Payments on lease and other financing obligations | −95 | −87 | −67 | −66 | −73 | |
| Payments for withholding of employee taxes related to stock-based compensation | −23 | −14 | −25 | −39 | −32 | |
| Proceeds from issuance of debt, net | 0 | 3,476 | 0 | 0 | — | |
| Other | 1 | −31 | −84 | 6 | −55 | |
| Net cash provided by (used in) financing activities | −7,040 | −2,953 | −1,603 | −2,356 | −2,958 | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | −4 | −20 | −2 | −30 | −8 | |
| Net change in cash, cash equivalents and restricted cash, including cash and restricted cash reclassified to assets held for sale | 3,896 | 688 | 156 | −2,149 | — | |
| Less: Cash and restricted cash reclassified to assets held for sale | 138 | −138 | 0 | 0 | — | |
| Net change in cash, cash equivalents and restricted cash | 4,034 | 550 | 156 | −2,149 | −555 | |
| Interest paid, net of amounts capitalized | 233 | 317 | 228 | 172 | 229 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NEWMONT Corp /DE/'s CIK number?
NEWMONT Corp /DE/'s SEC CIK number is 0001164727 (1164727). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NEWMONT Corp /DE/'s SEC filings?
All of NEWMONT Corp /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NEWMONT Corp /DE/ last report earnings?
NEWMONT Corp /DE/ (NEM) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001164727-26-000017). This is NEWMONT Corp /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NEWMONT Corp /DE/'s most recent earnings 8-K?
NEWMONT Corp /DE/'s latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0001164727-26-000017. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NEWMONT Corp /DE/'s latest earnings 8-K →
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