Novagold Resources (NG) Operating Expenses (2013 - 2026)

Novagold Resources (NG) reported Operating Expenses of $14.9 million for Q1 2026, up 110.04% on a YoY basis from $7.1 million in Q1 2025, and up 5.2% quarter-over-quarter from $14.2 million in Q4 2025.

Novagold Resources (NG) Operating Expenses (2013 - 2026) Analysis & Trends

Novagold Resources has reported Operating Expenses for 14 years, with the latest figure at $14.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 110.04% year-over-year to $14.9 million; the trailing twelve-month figure through Feb 2026 stood at $55.1 million (up 54.19% YoY), and the FY2025 full-year result was $47.3 million, up 24.92% from the prior year.
  • Operating Expenses for Q1 2026 stood at $14.9 million, up from $14.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $14.9 million in Q1 2026, with the low at -$10.1 million in Q1 2023.
  • Historically, Operating Expenses has averaged $9.9 million across 5 years, with a median of $11.0 million in 2022.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 209.38% — and 2024, when it jumped 191.45%.
  • Novagold Resources' Operating Expenses stood at $11.0 million in 2022, then fell by 27.63% to $7.9 million in 2023, then rose by 14.87% to $9.1 million in 2024, then jumped by 55.63% to $14.2 million in 2025, then gained by 5.2% to $14.9 million in 2026.
  • The last three Operating Expenses figures came in at $14.9 million (Q1 2026), $14.2 million (Q4 2025), and $13.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -4.48 Mn
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 155.00 Mn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 76.85 Mn
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 19.40 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 83.10 Mn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 2.84 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn - 300,000.00
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 999.00 Mn
10 Novagold Resources 2.99 Bn 2.87 Bn - 14.92 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 14.92 Mn
Nov 30, 2025 14.18 Mn
Aug 31, 2025 13.73 Mn
May 31, 2025 12.28 Mn
Feb 28, 2025 7.10 Mn
Nov 30, 2024 9.11 Mn
Aug 31, 2024 7.93 Mn
May 31, 2024 11.59 Mn
Feb 29, 2024 9.22 Mn
Nov 30, 2023 7.93 Mn
Aug 31, 2023 9.22 Mn
May 31, 2023 13.08 Mn
Feb 28, 2023 -10.08 Mn
Nov 30, 2022 10.96 Mn
Aug 31, 2022 14.28 Mn
May 31, 2022 13.81 Mn
Feb 28, 2022 9.22 Mn
Nov 30, 2021 8.72 Mn
Aug 31, 2021 11.63 Mn
May 31, 2021 9.19 Mn