Newmont (NEM) Operating Expenses (2009 - 2026)

Newmont (NEM) posted quarterly Operating Expenses of $2.8 billion for Q1 2026, up 2.9% year-over-year from $2.8 billion in Q1 2025, and down 24.24% on a QoQ basis from $3.8 billion in Q4 2025.

Newmont (NEM) Operating Expenses (2009 - 2026) Analysis & Trends

Newmont (NEM) has reported Operating Expenses for 18 consecutive years, with $2.8 billion the latest figure, recorded in 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 came in at $2.8 billion for Q1 2026 at Newmont, down from $3.8 billion in the prior quarter.
  • The five-year high for Operating Expenses was $6.8 billion in Q4 2023, with the low at $2.2 billion in Q1 2023.
  • Average Operating Expenses over 5 years is $3.2 billion, with a median of $2.8 billion recorded in 2026.
  • The largest YoY upside for Operating Expenses was 66.65% in 2024 against a maximum downside of 45.43% in 2024.
  • Year by year, Operating Expenses stood at $4.6 billion in 2022, then surged by 46.1% to $6.8 billion in 2023, then plunged by 45.43% to $3.7 billion in 2024, then gained by 1.57% to $3.8 billion in 2025, then declined by 24.24% to $2.8 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $2.8 billion, $3.8 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 155.00 Mn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -7.01 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 2.84 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -19.25 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 89.82 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -1.16 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 9.20 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 83.10 Mn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -39,000.00

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