| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 6.1K | 16.3% | 15.1% |
| Total Income | 6.1K | 16.3% | 15.1% |
| Expenditure | 3.0K | 6.4% | 34.4% |
| PBT | 3.0K | 34.6% | 3.8% |
| Net Profit | 2.2K | 32.5% | 6.8% |
| OPM | — | ||
| NPM | 35.99% | 8.65pp | 2.77pp |
| EPS | 2.07 | 31.2% | 11.3% |
Newmont Reports Q2 2026 Results; On Track for Full Year Guidance
24 Jul 2026 · 24 Jul, 1:38 am
Summary
Newmont Corporation announced strong second quarter 2026 results, reporting record free cash flow of $2.2 billion and generating $2.9 billion in cash from operating activities. The company produced approximately 1.3 million attributable gold ounces, with gold by-product CAS at $1,043 per ounce and AISC at $1,621 per ounce. Net income was $2.2 billion, with Adjusted EBITDA at $3.8 billion. Management highlighted that the company remains on track to achieve its full-year 2026 guidance and has returned $1.9 billion to shareholders through dividends and share repurchases.
Key Highlights
- 1
Newmont reported record second quarter free cash flow of $2.2 billion, demonstrating strong financial performance.
- 2
The company produced approximately 1.3 million attributable gold ounces in the second quarter of 2026.
- 3
Gold by-product Costs Applicable to Sales (CAS) was $1,043 per ounce and All-In Sustaining Costs (AISC) was $1,621 per ounce for Q2 2026.
- 4
Reported Net Income was $2.2 billion, Adjusted Net Income was $2.2 billion or $2.10 per diluted share, and Adjusted EBITDA was $3.8 billion for the second quarter.
- 5
Newmont generated $2.9 billion of cash from operating activities in Q2 2026.
- 6
The company returned $1.9 billion to shareholders through quarterly dividends and share repurchases since the last earnings call.
- 7
Key regulatory approvals were received for the Red Chris Block Cave project, including an amended Environmental Assessment Certificate.
Management Comments
Natascha Viljoen
Newmont delivered another quarter of strong operational and financial performance, producing approximately 1.3 million attributable gold ounces and generating record second quarter free cash flow of $2.2 billion, while remaining on track to achieve our full-year 2026 guidance. Supported by our strong balance sheet and consistent capital allocation framework, we returned $1.9 billion to shareholders through quarterly dividends and ongoing share repurchases executed since our last earnings call, while continuing to invest in the long-term strength of our business.
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