Filing Flows › Newmont (NEM) › Q3 2026 › vs Q3 2025
Newmont (NEM) Q3 2026 vs Q3 2025 (year over year)
Newmont's revenue rose $839M (+15%) from $5.5B in Q3 2025 to $6.4B in Q3 2026. The biggest changes: Gold Sales from Doré Production +$679M (+20%); Sales from Concentrate and Other Production +$160M (+8%). Operating margin 49.7% against 46.6% (+3.1 pts).
Newmont, Q3 2026: revenue $6.4B (+15% year over year), operating margin 49.7%, net earnings $2.5B, operating cash flow $2.8B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 49.7% | 46.6% | +3.1 pts |
| Net margin | 38.9% | 33.2% | +5.7 pts |
| Free cash flow margin | 30.0% | 28.4% | +1.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Gold Sales from Doré Production | $4.1B | $3.5B | $679M | +20% |
| Sales from Concentrate and Other Production | $2.2B | $2.1B | $160M | +8% |
| Revenue | $6.4B | $5.5B | $839M | +15% |
| Other income, net | $190M | $54.0M | $136M | +252% |
| Operating profit | $3.2B | $2.6B | $587M | +23% |
| Costs & expenses | $3.2B | $2.9B | $252M | +9% |
| Pre-tax earnings | $3.4B | $2.6B | $723M | +27% |
| Cost of revenue | $2.1B | $2.0B | $192M | +10% |
| Research & development | $58.0M | $40.0M | $18.0M | +45% |
| General & admin | $82.0M | $86.0M | −$4.0M | -5% |
| Other operating costs | $917M | $871M | $46.0M | +5% |
| Net earnings | $2.5B | $1.8B | $643M | +35% |
| Minority interests | $39.0M | $11.0M | $28.0M | +255% |
| Income tax | $839M | $787M | $52.0M | +7% |
| Depreciation & amortization | $632M | $643M | −$11.0M | -2% |
| Working capital & other | $339M | $200M | $139M | +70% |
| Operating cash flow | $2.8B | $2.3B | $470M | +20% |
| Free cash flow (company-reported) | $1.9B | $1.6B | $341M | +22% |
| Additions to property, plant and mine development | $856M | $727M | $129M | +18% |
Questions
How much did Newmont's revenue grow year over year in Q3 2026?
Newmont's revenue rose $839M (+15%) from $5.5B in Q3 2025 to $6.4B in Q3 2026.
What drove Newmont's revenue change in Q3 2026?
Gold Sales from Doré Production +$679M (+20%); Sales from Concentrate and Other Production +$160M (+8%).