Filing Flows › Newmont (NEM) › How it makes money
How Newmont (NEM) makes money
Newmont (NEM) made $6.4B of revenue in the third quarter 2026 (Q3 2026), +15% from a year earlier. Gold Sales from Doré Production brought in $4.1B (65%); Sales from Concentrate and Other Production brought in $2.2B (35%). Of every dollar of revenue, 50¢ was left as operating profit, 39¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Gold Sales from Doré Production | $4.1B | 64.9% | -4% | +20% |
| Sales from Concentrate and Other Production | $2.2B | 35.1% | +21% | +8% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $6.4B | 100.0% |
| Operating profit | $3.2B | 49.7% |
| Income tax | $839M | 13.2% |
| Net earnings | $2.5B | 38.9% |
| Operating cash flow | $2.8B | 43.5% |
| Free cash flow | $1.9B | 30.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $6.4B | +15% |
| Q2 2026 | $6.1B | +15% |
| Q1 2026 | $7.3B | +46% |
| Q4 2025 | $6.8B | +21% |
| Q3 2025 | $5.5B | +20% |
| Q2 2025 | $5.3B | +21% |
| Q1 2025 | $5.0B | +24% |
From Newmont's 10-Q filed Oct 22, 2026 (on EDGAR).
Questions
How does Newmont make money?
Newmont (NEM) made $6.4B of revenue in the third quarter 2026 (Q3 2026), +15% from a year earlier. Gold Sales from Doré Production brought in $4.1B (65%); Sales from Concentrate and Other Production brought in $2.2B (35%). Of every dollar of revenue, 50¢ was left as operating profit, 39¢ was left as net earnings.
What is Newmont's biggest business?
Gold Sales from Doré Production: $4.1B in the third quarter 2026, 65% of revenue, +20% from a year earlier.
What is Newmont's profit margin?
Net earnings were $2.5B, 38.9% of revenue, in the third quarter 2026; the operating margin was 49.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.