Newmont (NEMCL) Operating Expenses (2009 - 2026)
Newmont (NEMCL) 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 (NEMCL) Operating Expenses (2009 - 2026) Analysis & Trends
Newmont (NEMCL) 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 | Newmont | - | - | 7.29 Bn | 2.84 Bn |
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 |