Novagold Resources (NG) Net Income (2012 - 2026)
Novagold Resources (NG) reported Net Income of -$16.9 million for Q1 2026, down 85.16% on a YoY basis from -$113.7 million in Q1 2025, and down 138.56% quarter-over-quarter from $43.8 million in Q4 2025.
Novagold Resources (NG) Net Income (2012 - 2026) Analysis & Trends
Novagold Resources has reported Net Income for 14 years, with the latest figure at -$16.9 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 85.16% year-over-year to -$16.9 million; the trailing twelve-month figure through Feb 2026 stood at -$43.0 million (down 5710.3% YoY), and the FY2025 full-year result was -$35.3 million, down 8007.59% from the prior year.
- Net Income for Q1 2026 stood at -$16.9 million, down from $43.8 million in the prior quarter.
- The five-year high for Net Income was $43.8 million in Q4 2025, with the low at -$54.3 million in Q2 2025.
- Historically, Net Income has averaged -$6.9 million across 5 years, with a median of -$10.7 million in 2024.
- Annual changes were most pronounced in 2024 — Net Income jumped 340.53% — and 2025, when it slumped 296.17%.
- Novagold Resources' Net Income stood at $4.8 million in 2022, then jumped by 62.1% to $7.8 million in 2023, then surged by 340.53% to $34.3 million in 2024, then grew by 27.51% to $43.8 million in 2025, then sank by 138.56% to -$16.9 million in 2026.
- The last three Net Income figures came in at -$16.9 million (Q1 2026), $43.8 million (Q4 2025), and -$15.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -7.09 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 2.48 Bn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 691.12 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 315.20 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 1.79 Bn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 3.18 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 187.20 Mn |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 1.95 Bn |
| 10 | Novagold Resources | 2.99 Bn | 2.87 Bn | - | -16.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -16.88 Mn |
| Nov 30, 2025 | 43.77 Mn |
| Aug 31, 2025 | -15.65 Mn |
| May 31, 2025 | -54.28 Mn |
| Feb 28, 2025 | -9.12 Mn |
| Nov 30, 2024 | 34.33 Mn |
| Aug 31, 2024 | -10.74 Mn |
| May 31, 2024 | -13.70 Mn |
| Feb 29, 2024 | -10.32 Mn |
| Nov 30, 2023 | 7.79 Mn |
| Aug 31, 2023 | -11.07 Mn |
| May 31, 2023 | -14.65 Mn |
| Feb 28, 2023 | -10.66 Mn |
| Nov 30, 2022 | 4.81 Mn |
| Aug 31, 2022 | -16.12 Mn |
| May 31, 2022 | -14.97 Mn |
| Feb 28, 2022 | -10.00 Mn |
| Nov 30, 2021 | -10.27 Mn |
| Aug 31, 2021 | -11.79 Mn |
| May 31, 2021 | -10.52 Mn |