New Found Gold (NFGC) Operating Expenses (2020 - 2026)

New Found Gold has disclosed Operating Expenses across 7 years of filings, most recently posting $12.9 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $12.9 million, up 89.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$21.7 million (up 12.5% YoY), and the FY2025 annual result was $4.1 million, down 90.77% from the prior year.
• Operating Expenses came in at $12.9 million for Q1 2026 at New Found Gold, up from -$15.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $20.4 million in Q3 2023 to a low of -$57.6 million in Q4 2023.
• The 5-year median for Operating Expenses is $1506.0 (2023), against an average of -$3.0 million.
• Across the five-year window, Operating Expenses soared 1315246.88% in 2023 and tumbled 578910.31% in 2024, its largest moves.
• New Found Gold's Operating Expenses stood at $15.8 million in 2022, then plunged by 465.43% to -$57.6 million in 2023, then soared by 78.55% to -$12.4 million in 2024, then dropped by 24.29% to -$15.4 million in 2025, then jumped by 183.81% to $12.9 million in 2026.
• The last three Operating Expenses figures came in at $12.9 million (Q1 2026), -$15.4 million (Q4 2025), and -$11.9 million (Q3 2025), per Business Quant data.