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
DateValue
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