NEM · Q3 FY25 · Jul 1 – Sep 30, 2025
Newmont Q3 FY25: where the revenue came from and where it went
Newmont Q3 FY25: revenue $5.5B (+20% year over year). Net profit $1.8B. Largest cohort Gold Dore $3.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 23, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$5.5B
+20% year over year
Gross profit$3.6B
65% margin
Operating profit$2.6B
47% margin
Net profit$1.8B
33% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.5 | 100% | +20% |
| Gold Dore | 3.5 | 64% | +11% |
| Sales From Concentrate and Other… | 2.1 | 38% | +40% |
| Cost of revenue | −2 | 36% | |
| Gross profit | 3.6 | 65% margin | +15pp |
| Research & development | −0 | 1% | +0pp |
| G&A | −0.1 | 2% | −1pp |
| Other | −0.9 | 16% | +0pp |
| Operating profit | 2.6 | 47% margin | +22pp |
| Tax | −0.8 | ||
| Net profit | 1.8 | 33% | +13pp |
Older quarters
-
Q2 FY26 6/2026Revenue $6.1B Net margin 36%
-
Q1 FY26 3/2026Revenue $7.3B Net margin 45%
-
Q4 FY25 12/2025Revenue $6.8B Net margin 19%
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