Novagold Resources (NG) EBIT (2012 - 2026)
Novagold Resources' (NG) quarterly EBIT came in at -$14.9 million in Q1 2026, down 110.04% on a YoY basis from $148.5 million in Q1 2025, and down 5.2% quarter-over-quarter from -$14.2 million in Q4 2025.
Analysis
Novagold Resources (NG) EBIT (2012 - 2026) Analysis & Trends
Novagold Resources (NG) has reported EBIT for 15 consecutive years, with -$14.9 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, EBIT fell 110.04% year-over-year to -$14.9 million; the trailing twelve-month figure through Feb 2026 stood at -$55.1 million (down 54.19% YoY), and the FY2025 full-year result was -$47.3 million, down 24.92% from the prior year.
- EBIT declined to -$14.9 million in Q1 2026 per NG's latest filing, from -$14.2 million in the prior quarter.
- Across five years, EBIT topped out at -$7.1 million in Q1 2025 and bottomed at -$14.9 million in Q1 2026.
- Historically, EBIT has averaged -$11.1 million across 5 years, with a median of -$11.0 million in 2022.
- The sharpest annual moves came in 2023 and 2026: EBIT jumped 35.45% in 2023, then sank 110.04% in 2026.
- Over 5 years, EBIT stood at -$11.0 million in 2022, then climbed by 27.63% to -$7.9 million in 2023, then fell by 14.87% to -$9.1 million in 2024, then slumped by 55.63% to -$14.2 million in 2025, then slipped by 5.2% to -$14.9 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$14.9 million, -$14.2 million, and -$13.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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 | 76.06 Bn | 70.13 Bn | 2.90 Bn | 2.73 Bn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | 1.74 Bn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 357.30 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | 378.50 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 214.23 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | 297.20 Mn |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 123.30 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | 521.50 Mn |
| 10 | Novagold Resources | 3.56 Bn | 3.56 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | -14.92 Mn |
| Nov 30, 2025 | -14.18 Mn |
| Aug 31, 2025 | -13.73 Mn |
| May 31, 2025 | -12.28 Mn |
| Feb 28, 2025 | -7.10 Mn |
| Nov 30, 2024 | -9.11 Mn |
| Aug 31, 2024 | -7.93 Mn |
| May 31, 2024 | -11.59 Mn |
| Feb 29, 2024 | -9.22 Mn |
| Nov 30, 2023 | -7.93 Mn |
| Aug 31, 2023 | -9.22 Mn |
| May 31, 2023 | -13.08 Mn |
| Feb 28, 2023 | -10.08 Mn |
| Nov 30, 2022 | -10.96 Mn |
| Aug 31, 2022 | -14.28 Mn |
| May 31, 2022 | -13.81 Mn |
| Feb 28, 2022 | -9.22 Mn |
| Nov 30, 2021 | -8.72 Mn |
| Aug 31, 2021 | -11.63 Mn |
| May 31, 2021 | -9.19 Mn |