Novagold Resources (NG) Net Income (2012 - 2026)
Novagold Resources' (NG) quarterly Net Income came in at -$90.0 million in Q1 2026, down 887.29% YoY from $11.4 million in Q1 2025, and down 476.12% on a QoQ basis from -$15.6 million in Q4 2025.
Novagold Resources (NG) Net Income (2012 - 2026) Analysis & Trends
Novagold Resources (NG) has 14 years of Net Income data on file, last reported at -$90.0 million in Q1 2026.
- Quarterly Net Income fell 887.29% year-over-year to -$90.0 million in Q1 2026, while the trailing twelve-month figure through May 2026 was -$121.3 million (down 43.35% YoY) and the FY2025 annual result came in at -$94.7 million, down 109.3% from the prior year.
- Net Income eased to -$90.0 million in Q1 2026, from -$15.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $4.8 million in Q4 2022 to a low of -$90.0 million in Q1 2026.
- A 5-year average of -$17.7 million and a median of -$11.1 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income jumped 31.32% — and 2026, when it tumbled 887.29%.
- Tracing NG's Net Income over 5 years: stood at $4.8 million in 2022, then slumped by 53.32% to $2.2 million in 2023, then tumbled by 566.35% to -$10.5 million in 2024, then sank by 49.28% to -$15.6 million in 2025, then slumped by 476.12% to -$90.0 million in 2026.
- The last three Net Income figures came in at -$90.0 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) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 2.05 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 1.60 Bn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 1.89 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 543.24 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 2.13 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 663,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 237.56 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 121.85 Mn |
| 10 | Novagold Resources | 3.83 Bn | 3.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -90.00 Mn |
| Nov 30, 2025 | -15.62 Mn |
| Aug 31, 2025 | -15.65 Mn |
| May 31, 2025 | -54.28 Mn |
| Feb 28, 2025 | -9.12 Mn |
| Nov 30, 2024 | -10.47 Mn |
| Aug 31, 2024 | -10.74 Mn |
| May 31, 2024 | -13.70 Mn |
| Feb 29, 2024 | -10.32 Mn |
| Nov 30, 2023 | 2.24 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 | 7.45 Mn |
| Aug 31, 2021 | -11.79 Mn |
| May 31, 2021 | -10.52 Mn |