Novagold Resources (NG) Operating Income (2012 - 2026)
Novagold Resources (NG) posted Operating Income of -$14.9 million for Q1 2026, down 5.2% quarter-over-quarter from -$14.2 million in Q4 2025, and down 110.04% year-on-year from $148.5 million in Q1 2025.
Novagold Resources (NG) Operating Income (2012 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Operating Income for 15 consecutive years, with -$14.9 million the latest figure, recorded in Q1 2026.
- Operating Income for Q1 2026 came in at -$14.9 million, down 110.04% year-over-year; the trailing twelve-month figure through Feb 2026 was -$55.1 million (down 54.19% YoY), and the FY2025 annual result was -$47.3 million, down 24.92% from the prior year.
- Operating Income was -$14.9 million for Q1 2026 at Novagold Resources, down from -$14.2 million in the prior quarter.
- Over five years, Operating Income peaked at -$7.1 million in Q1 2025 and troughed at -$14.9 million in Q1 2026.
- Average Operating Income over 5 years is -$11.1 million, with a median of -$11.0 million recorded in 2022.
- Year-over-year, Operating Income slumped 163.68% in 2022 and surged 35.45% in 2023.
- Over 5 years, Operating Income stood at -$11.0 million in 2022, then grew by 27.63% to -$7.9 million in 2023, then retreated by 14.87% to -$9.1 million in 2024, then tumbled by 55.63% to -$14.2 million in 2025, then dropped by 5.2% to -$14.9 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$14.9 million in Q1 2026, -$14.2 million in Q4 2025, and -$13.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 3.04 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 28.06 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 4.45 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 108.09 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 674.79 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 18.42 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 517.10 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 1.34 Bn |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 17.21 Mn |
| Aug 31, 2021 | -11.63 Mn |
| May 31, 2021 | -9.19 Mn |