Newmont Q1 FY26: where the revenue came from and where it went
The whole income statement of Newmont for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 23, 2026
Revenue$7.31B
+46% year over year
Gross profit$5.37B
73% margin
Operating profit$4.47B
61% margin
Net profit$3.26B
45% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.31 | 100% | +46% |
| Gold dore | 4.78 | 65% | +53% |
| Sales from concentrate | 2.53 | 35% | +35% |
| Cost of revenue | −1.94 | 27% | |
| Gross profit | 5.37 | 73% margin | +16pp |
| R&D | −0.05 | 0% | +0pp |
| G&A | −0.08 | 1% | −1pp |
| Other | −0.78 | 11% | +0pp |
| Operating profit | 4.47 | 61% margin | +16pp |
| Other income, net | 0.20 | ||
| Tax | −1.40 | ||
| Net profit | 3.26 | 45% margin | +7pp |
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