Newmont Reports Third Quarter 2026 Results with Record Third Quarter Adjusted Net Income; Positioned to Achieve Full-Year Guidance; Provides Update on Red Chris Block Cave Project
Newmont reported Q3 2026 sales of $6.36 billion, up 15% year-over-year, with record Q3 adjusted net income of $2.3 billion ($2.20 per diluted share) and GAAP net income of $2.5 billion. Free cash flow was $1.9 billion, and the company returned $1.9 billion to shareholders since the last call, including $1.6 billion of buybacks, while declaring a $0.26 quarterly dividend; share count is down roughly 10% since February 2024. Full-year 2026 production guidance of 5.3 million attributable gold ounces remains on track and unit-cost guidance improved to $925 CAS and $1,520 AISC per ounce.
Key figures
- Eps
- 2.35
- Revenue
- 6363000000
- Guidance
- On track for 2026: 5.3M attributable gold oz, by-product CAS $925/oz and AISC $1,520/oz (improved); 2027 attributable gold production expected up low-to-mid single digits
- Revenue Yoy
- 15%
- Fcf
- 1912000000
- Cash
- 8800000000
- Net cash
- 3200000000
- Adjusted eps
- 2.2
- Adjusted ebitda
- 3951000000
- Total liquidity
- 12800000000
- Dividend per share
- 0.26
- Adjusted net income
- 2309000000
- Gold production koz
- 1302
- Ngm payment to barrick
- 1950000000
- Buybacks since last call
- 1600000000
- Gold byproduct cas per oz
- 832
- Gold byproduct aisc per oz
- 1454
- Realized gold price per oz
- 4317
- Buyback authorization remaining
- 2800000000
- Red chris development capital usd
- $4.2-$4.8 billion (100% basis, real terms)
- Share count reduction since feb 2024
- ~10% (over 115 million shares)
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.