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

New Found Gold (NFGC) has 7 years of Operating Expenses data on file, last reported at $12.9 million in Q1 2026.

• Quarterly Operating Expenses rose 89.0% year-over-year to $12.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$21.7 million (up 10.98% YoY) and the FY2025 annual result came in at $4.1 million, down 90.77% from the prior year.
• Operating Expenses improved to $12.9 million in Q1 2026 per NFGC's latest filing, from -$15.4 million in the prior quarter.
• The five-year high for Operating Expenses was $158.7 million in Q4 2023, with the low at -$15.4 million in Q4 2025.
• Average Operating Expenses over 5 years is $14.2 million, with a median of $1550.4 recorded in 2022.
• Year-over-year, Operating Expenses soared 1324174.17% in 2023 and sank 578910.31% in 2024.
• New Found Gold's Operating Expenses stood at $92.5 million in 2022, then soared by 71.67% to $158.7 million in 2023, then tumbled by 107.52% to -$11.9 million in 2024, then declined by 28.69% to -$15.4 million in 2025, then jumped by 183.81% to $12.9 million in 2026.
• Business Quant data shows NFGC's Operating Expenses at $12.9 million in Q1 2026, -$15.4 million in Q4 2025, and -$11.9 million in Q3 2025.