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| Date | Value |
|---|---|
| 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 |