New Found Gold (NFGC) Net Income (2021 - 2026)
New Found Gold (NFGC) posted Net Income of -$13.3 million for Q1 2026, up 93.23% sequentially from -$195.8 million in Q4 2025, and down 44.28% YoY from -$23.8 million in Q1 2025.
New Found Gold (NFGC) Net Income (2021 - 2026) Analysis & Trends
New Found Gold has reported Net Income for 6 years, with the latest figure at -$13.3 million in Q1 2026.
- Quarterly Net Income fell 44.28% year-over-year to -$13.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$226.3 million (down 45132.87% YoY) and the FY2025 annual result came in at -$34.1 million, down 574.03% from the prior year.
- Net Income grew to -$13.3 million in Q1 2026 per NFGC's latest filing, from -$195.8 million in the prior quarter.
- Over five years, Net Income peaked at $46.1 million in Q4 2023 and troughed at -$195.8 million in Q4 2025.
- A 5-year average of -$18.4 million and a median of -$14.6 million in 2022 frame the typical range for Net Income.
- The sharpest annual moves came in 2024 and 2025: Net Income jumped 166.64% in 2024, then plunged 621.8% in 2025.
- Over 5 years, Net Income stood at -$14.3 million in 2022, then surged by 422.91% to $46.1 million in 2023, then fell by 18.64% to $37.5 million in 2024, then slumped by 621.8% to -$195.8 million in 2025, then surged by 93.23% to -$13.3 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$13.3 million, -$195.8 million, and -$26.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 2.05 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 1.60 Bn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 1.89 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 543.24 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 2.13 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 663,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 237.56 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 121.85 Mn |
| 10 | New Found Gold | 590.62 Mn | 448.16 Mn | 1.39 Mn | -13.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.25 Mn |
| Dec 31, 2025 | -195.79 Mn |
| Sep 30, 2025 | -26.20 Mn |
| Jun 30, 2025 | 8.93 Mn |
| Mar 31, 2025 | -9.19 Mn |
| Dec 31, 2024 | 37.52 Mn |
| Sep 30, 2024 | -40.89 Mn |
| Jun 30, 2024 | 12.05 Mn |
| Mar 31, 2024 | -14.88 Mn |
| Dec 31, 2023 | 46.12 Mn |
| Sep 30, 2023 | -13.89 Mn |
| Jun 30, 2023 | -18.09 Mn |
| Mar 31, 2023 | -16.58 Mn |
| Sep 30, 2022 | -14.28 Mn |
| Jun 30, 2022 | -19.06 Mn |
| Mar 31, 2022 | -17.69 Mn |
| Dec 31, 2021 | -10.87 Mn |
| Sep 30, 2021 | -11.44 Mn |