Novagold Resources (NG) Retained Earnings (2014 - 2026)
Novagold Resources (NG) posted Retained Earnings of -$2.2 billion for Q2 2026, down 8845.62% quarter-over-quarter from -$25.0 million in Q1 2026, and down 3.33% year-on-year from -$2.3 billion in Q2 2025.
Novagold Resources (NG) Retained Earnings (2014 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Retained Earnings for 13 consecutive years, with -$2.2 billion the latest figure, recorded in Q2 2026.
- Retained Earnings for Q2 2026 came in at -$2.2 billion, down 3.33% year-over-year; the trailing twelve-month figure through May 2026 was -$2.2 billion (down 3.33% YoY), and the FY2025 annual result was -$2.2 billion, down 8661.22% from the prior year.
- Retained Earnings was -$2.2 billion for Q2 2026 at Novagold Resources, down from -$25.0 million in the prior quarter.
- Over five years, Retained Earnings peaked at -$24.4 million in Q4 2022 and troughed at -$2.2 billion in Q2 2026.
- Average Retained Earnings over 5 years is -$1.1 billion, with a median of -$997.1 million recorded in 2022.
- Year-over-year, Retained Earnings slumped 9169.9% in 2022 and surged 98.82% in 2026.
- Over 5 years, Retained Earnings stood at -$24.4 million in 2022, then declined by 0.22% to -$24.5 million in 2023, then declined by 2.59% to -$25.1 million in 2024, then sank by 8661.22% to -$2.2 billion in 2025, then declined by 1.86% to -$2.2 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$2.2 billion in Q2 2026, -$25.0 million in Q1 2026, and -$2.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -272.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -145.75 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 156.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -55.83 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 99.78 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -586.26 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 504.70 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | -2.09 Bn |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -5.15 Bn |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | -2.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -2.24 Bn |
| Feb 28, 2026 | -25.05 Mn |
| Nov 30, 2025 | -2.20 Bn |
| Aug 31, 2025 | -25.05 Mn |
| May 31, 2025 | -2.17 Bn |
| Feb 28, 2025 | -2.11 Bn |
| Nov 30, 2024 | -25.11 Mn |
| Aug 31, 2024 | -24.44 Mn |
| May 31, 2024 | -2.08 Bn |
| Feb 29, 2024 | -2.07 Bn |
| Nov 30, 2023 | -24.47 Mn |
| Aug 31, 2023 | -24.42 Mn |
| May 31, 2023 | -24.51 Mn |
| Feb 28, 2023 | -24.52 Mn |
| Nov 30, 2022 | -24.42 Mn |
| Aug 31, 2022 | -2.00 Bn |
| May 31, 2022 | -1.98 Bn |
| Feb 28, 2022 | -1.97 Bn |
| Nov 30, 2021 | -23.29 Mn |
| Aug 31, 2021 | -22.86 Mn |