Newmont (NEM) Operating Expenses (2009 - 2026)
Newmont (NEM) recorded quarterly Operating Expenses of $2.8 billion in Q1 2026, down 24.24% quarter-over-quarter from $3.8 billion in Q4 2025, and up 2.9% on a YoY basis from $2.8 billion in Q1 2025.
Newmont (NEM) Operating Expenses (2009 - 2026) Analysis & Trends
Newmont's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 2.9% year-over-year to $2.8 billion; the TTM figure through Mar 2026 stood at $11.8 billion (down 11.32% YoY), while the FY2025 annual figure was $11.7 billion, down 17.29% from the prior year.
- Operating Expenses was $2.8 billion for Q1 2026 at Newmont, down from $3.8 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.8 billion in Q4 2023 to a low of $2.2 billion in Q1 2023.
- Historically, Operating Expenses has averaged $3.2 billion across 5 years, with a median of $2.8 billion in 2026.
- Biggest YoY gain for Operating Expenses was 66.65% in 2024; the steepest drop was 45.43% in 2024.
- A 5-year view of Operating Expenses shows it stood at $4.6 billion in 2022, then surged by 46.1% to $6.8 billion in 2023, then tumbled by 45.43% to $3.7 billion in 2024, then grew by 1.57% to $3.8 billion in 2025, then decreased by 24.24% to $2.8 billion in 2026.
- The last three Operating Expenses figures came in at $2.8 billion (Q1 2026), $3.8 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | -1.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.84 Bn |
| Dec 31, 2025 | 3.75 Bn |
| Sep 30, 2025 | 2.95 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 2.76 Bn |
| Dec 31, 2024 | 3.69 Bn |
| Sep 30, 2024 | 3.48 Bn |
| Jun 30, 2024 | 3.36 Bn |
| Mar 31, 2024 | 3.62 Bn |
| Dec 31, 2023 | 6.77 Bn |
| Sep 30, 2023 | 2.26 Bn |
| Jun 30, 2023 | 2.32 Bn |
| Mar 31, 2023 | 2.17 Bn |
| Dec 31, 2022 | 4.63 Bn |
| Sep 30, 2022 | 2.34 Bn |
| Jun 30, 2022 | 2.52 Bn |
| Mar 31, 2022 | 2.22 Bn |
| Dec 31, 2021 | 4.02 Bn |
| Sep 30, 2021 | 2.83 Bn |
| Jun 30, 2021 | 2.10 Bn |