NEM · Q4 FY25 · Oct 1 – Dec 31, 2025
Newmont Q4 FY25: where the revenue came from and where it went
Newmont Q4 FY25: revenue $6.8B (+21% year over year). Net profit $1.3B. Largest cohort Gold Dore $4.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 19, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$6.8B
+21% year over year
Gross profit$4.8B
70% margin
Operating profit$3.1B
45% margin
Net profit$1.3B
19% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.8 | 100% | +21% |
| Gold Dore | 4.5 | 66% | +21% |
| Sales From Concentrate and Other… | 2.4 | 35% | +20% |
| Cost of revenue | −2 | 29% | |
| Gross profit | 4.8 | 70% margin | +13pp |
| Research & development | −0 | 1% | +0pp |
| G&A | −0.1 | 1% | −1pp |
| Other | −1.6 | 23% | +0pp |
| Operating profit | 3.1 | 45% margin | +10pp |
| Tax | −2.1 | ||
| Net profit | 1.3 | 19% | −6pp |
Older quarters
-
Q2 FY26 6/2026Revenue $6.1B Net margin 36%
-
Q1 FY26 3/2026Revenue $7.3B Net margin 45%
-
Q3 FY25 9/2025Revenue $5.5B Net margin 33%
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