New Found Gold (NFGC) EBIT (2021 - 2026)
New Found Gold's (NFGC) quarterly EBIT came in at -$12.5 million in Q2 2026, down 45.72% year-over-year from -$23.0 million in Q2 2025, and up 4.91% quarter-over-quarter from -$13.1 million in Q1 2026.
Analysis
New Found Gold (NFGC) EBIT (2021 - 2026) Analysis & Trends
New Found Gold has disclosed EBIT across 6 years of filings, most recently posting -$12.5 million for Q2 2026.
- In Q2 2026, EBIT fell 45.72% year-over-year to -$12.5 million; the TTM figure through Jun 2026 stood at -$52.9 million (down 502.2% YoY), while the FY2025 annual figure was -$45.8 million, down 3.96% from the prior year.
- EBIT came in at -$12.5 million for Q2 2026 at New Found Gold, up from -$13.1 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $14.9 million in Q4 2024 to a low of -$22.6 million in Q4 2022.
- Average EBIT over 5 years is -$13.6 million, with a median of -$16.0 million recorded in 2022.
- Year-over-year, EBIT soared 190.32% in 2024 and slumped 300.19% in 2026.
- Over 5 years, EBIT stood at -$22.6 million in 2022, then grew by 27.24% to -$16.5 million in 2023, then soared by 190.32% to $14.9 million in 2024, then slumped by 199.02% to -$14.7 million in 2025, then grew by 15.2% to -$12.5 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$12.5 million in Q2 2026, -$13.1 million in Q1 2026, and -$14.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 1.01 Bn |
| 2 | Barrick Mining | 74.52 Bn | 68.59 Bn | 2.90 Bn | 2.73 Bn |
| 3 | AngloGold Ashanti | 53.12 Bn | 50.16 Bn | 1.70 Bn | 1.74 Bn |
| 4 | Alamos Gold | 15.10 Bn | 14.42 Bn | 587.30 Mn | 357.30 Mn |
| 5 | Iamgold | 11.65 Bn | 11.14 Bn | 415.10 Mn | 378.50 Mn |
| 6 | Eldorado Gold | 8.77 Bn | 8.21 Bn | 302.67 Mn | 214.23 Mn |
| 7 | Buenaventura Mining | 8.73 Bn | 7.77 Bn | - | 297.20 Mn |
| 8 | Equinox Gold | 7.76 Bn | 7.92 Bn | 428.20 Mn | 123.30 Mn |
| 9 | B2Gold | 7.18 Bn | 7.18 Bn | 308.29 Mn | 521.50 Mn |
| 10 | New Found Gold | 398.22 Mn | 255.77 Mn | 11.28 Mn | -12.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.47 Mn |
| Mar 31, 2026 | -13.12 Mn |
| Dec 31, 2025 | -14.71 Mn |
| Sep 30, 2025 | -12.55 Mn |
| Jun 30, 2025 | -8.56 Mn |
| Mar 31, 2025 | 6.55 Mn |
| Dec 31, 2024 | 14.86 Mn |
| Sep 30, 2024 | -21.63 Mn |
| Jun 30, 2024 | -19.82 Mn |
| Mar 31, 2024 | -18.15 Mn |
| Dec 31, 2023 | -16.45 Mn |
| Sep 30, 2023 | -22.01 Mn |
| Jun 30, 2023 | -20.18 Mn |
| Mar 31, 2023 | -18.09 Mn |
| Dec 31, 2022 | -22.61 Mn |
| Sep 30, 2022 | -17.39 Mn |
| Jun 30, 2022 | -15.60 Mn |
| Mar 31, 2022 | -12.20 Mn |
| Dec 31, 2021 | -11.30 Mn |
| Sep 30, 2021 | -11.44 Mn |