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
DateValue
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