Filing Flows › Newmont (NEM) › Q2 2026
Newmont (NEM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Newmont (NEM) reported revenue of $6.1B for the second quarter 2026 (Q2 2026), +15% from a year earlier and -16% from the quarter before. Operating margin was 50.6%, net earnings $2.2B (36.0% of revenue).
Newmont, Q2 2026: revenue $6.1B (+15% year over year), operating margin 50.6%, net earnings $2.2B, operating cash flow $2.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1B | -16% | +15% |
| Operating profit | $3.1B | -31% | +0.9% |
| Net earnings | $2.2B | -32% | +7% |
| Operating cash flow | $2.9B | -23% | +23% |
| Free cash flow | $2.2B | — | +29% |
What changed
Revenue was $6.1B in Q2 2026, up 15% year over year and down 16% from the previous quarter. Gold Sales from Doré Production was the largest line at 70% of revenue. Gold Sales from Doré Production added $1.0B year over year (up 30%), 123% of the total change. Sales from Concentrate and Other Production declined 9%.
Operating profit was $3.1B, a 50.6% margin (down 7.1 points year over year). Of the extra revenue versus Q2 2025, 3% reached operating profit, below the 58% margin then. Total costs grew 34% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+619%). Net earnings were $2.2B, up 7% year over year. The effective tax rate was 29.7%.
Operating cash flow was $2.9B (up 23% year over year), 130% of net income including minority interests. Non-cash charges added back $0.60B of depreciation and amortization. After additions to property, plant and mine development ($0.72B), free cash flow as the company reports it was $2.2B.
Questions
What was Newmont's revenue in the second quarter 2026?
Newmont (NEM) reported revenue of $6.1B for the second quarter 2026 (Q2 2026), +15% from a year earlier and -16% from the quarter before.
Was Newmont profitable in the second quarter 2026?
Operating profit was $3.1B (50.6% of revenue) and net earnings $2.2B.
Source: Newmont 10-Q on SEC EDGAR.