New Found Gold (NFGC) EBIT (2021 - 2026)

New Found Gold's (NFGC) quarterly EBIT came in at -$13.1 million in Q1 2026, down 300.19% year-on-year from $6.6 million in Q1 2025, and up 10.82% quarter-over-quarter from -$14.7 million in Q4 2025.

New Found Gold (NFGC) EBIT (2021 - 2026) Analysis & Trends

New Found Gold has disclosed EBIT across 6 years of filings, most recently posting -$13.1 million for Q1 2026.

  • EBIT for Q1 2026 came in at -$13.1 million, down 300.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$49.2 million (down 145.59% YoY), and the FY2025 annual result was -$45.9 million, down 4.16% from the prior year.
  • EBIT came in at -$13.1 million for Q1 2026 at New Found Gold, up from -$14.7 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.
  • The 5-year median for EBIT is -$16.5 million (2023), against an average of -$13.6 million.
  • Across the five-year window, EBIT surged 190.32% in 2024 and tumbled 300.19% in 2026, its largest moves.
  • New Found Gold's 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 plunged by 199.02% to -$14.7 million in 2025, then rose by 10.82% to -$13.1 million in 2026.
  • The last three EBIT figures came in at -$13.1 million (Q1 2026), -$14.7 million (Q4 2025), and -$12.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -5.96 Mn
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 3.04 Bn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 674.79 Mn
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 344.80 Mn
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 1.34 Bn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 4.45 Bn
8 Equinox Gold 47.64 Bn 47.14 Bn - 219.33 Mn
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 944.00 Mn
10 New Found Gold 774.15 Mn 742.48 Mn 1.05 Mn -13.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.12 Mn
Dec 31, 2025 -14.71 Mn
Sep 30, 2025 -12.55 Mn
Jun 30, 2025 -8.83 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