Novagold Resources (NG) EBITDA (2012 - 2026)

Novagold Resources (NG) reported EBITDA of -$15.4 million for Q1 2026, down 60.58% on a YoY basis from -$39.2 million in Q1 2025, and up 1.2% quarter-over-quarter from -$15.6 million in Q4 2025.

Novagold Resources (NG) EBITDA (2012 - 2026) Analysis & Trends

Novagold Resources has reported EBITDA for 15 years, with the latest figure at -$15.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 60.58% year-over-year to -$15.4 million; the trailing twelve-month figure through Feb 2026 stood at -$100.4 million (down 120.39% YoY), and the FY2025 full-year result was -$94.6 million, down 104.51% from the prior year.
  • EBITDA for Q1 2026 stood at -$15.4 million, up from -$15.6 million in the prior quarter.
  • The five-year high for EBITDA was -$9.6 million in Q1 2025, with the low at -$53.7 million in Q2 2025.
  • Historically, EBITDA has averaged -$15.2 million across 5 years, with a median of -$12.9 million in 2022.
  • Annual changes were most pronounced in 2023 — EBITDA jumped 34.91% — and 2025, when it tumbled 291.17%.
  • Novagold Resources' EBITDA stood at -$12.9 million in 2022, then rose by 18.76% to -$10.5 million in 2023, then retreated by 10.09% to -$11.5 million in 2024, then tumbled by 35.55% to -$15.6 million in 2025, then gained by 1.2% to -$15.4 million in 2026.
  • The last three EBITDA figures came in at -$15.4 million (Q1 2026), -$15.6 million (Q4 2025), and -$15.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 22.84 Mn
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 3.04 Bn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 751.65 Mn
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 179.70 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 1.34 Bn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 4.45 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn - 219.33 Mn
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 2.29 Bn
10 Novagold Resources 2.99 Bn 2.87 Bn - -15.44 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -15.44 Mn
Nov 30, 2025 -15.62 Mn
Aug 31, 2025 -15.65 Mn
May 31, 2025 -53.72 Mn
Feb 28, 2025 -9.61 Mn
Nov 30, 2024 -11.53 Mn
Aug 31, 2024 -10.70 Mn
May 31, 2024 -13.73 Mn
Feb 29, 2024 -10.30 Mn
Nov 30, 2023 -10.47 Mn
Aug 31, 2023 -10.99 Mn
May 31, 2023 -14.64 Mn
Feb 28, 2023 -10.76 Mn
Nov 30, 2022 -12.89 Mn
Aug 31, 2022 -16.88 Mn
May 31, 2022 -14.88 Mn
Feb 28, 2022 -9.82 Mn
Nov 30, 2021 -10.70 Mn
Aug 31, 2021 -13.25 Mn
May 31, 2021 -8.83 Mn