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
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 17.21 Mn
Aug 31, 2021 -11.63 Mn
May 31, 2021 -9.19 Mn