Quarterly ResultApr 23, 2026, 04:13 PM
Newmont Q1 2026: Record Earnings, $3.1B FCF, $6B Buyback
AI Summary
Newmont Corporation announced strong first quarter 2026 results, achieving record quarterly earnings and an all-time record $3.1 billion in free cash flow. The company reported an Adjusted Net Income of $3.2 billion and produced 1.3 million attributable gold ounces, keeping it on track for its full-year guidance. Additionally, Newmont's Board of Directors authorized an additional $6.0 billion share repurchase program, doubling its previous authorization.
Key Highlights
- Generated record Free Cash Flow of $3.1 billion.
- Reported Adjusted Net Income of $3.2 billion, or $2.90 per diluted share.
- Produced 1.3 million attributable gold ounces in Q1 2026.
- Authorized an additional $6.0 billion share repurchase program.
- Ended the quarter with $8.8 billion cash and $3.2 billion net cash.