New Gold Inc. /FI (NGD) Cost of Revenue (2009 - 2025)
New Gold (NGD) posted quarterly Cost of Revenue of $153.1 million for Q4 2025, down 9.46% year-over-year from $169.1 million in Q4 2024, and down 23.72% quarter-over-quarter from $200.7 million in Q3 2025.
New Gold Inc. /FI (NGD) Cost of Revenue (2009 - 2025) Analysis & Trends
New Gold (NGD) has reported Cost of Revenue for 17 consecutive years, with $153.1 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue fell 9.46% year-over-year to $153.1 million; the TTM figure through Dec 2025 stood at $691.4 million (up 1.11% YoY), while the FY2025 annual figure was $691.4 million, up 1.11% from the prior year.
- Cost of Revenue declined to $153.1 million in Q4 2025 per NGD's latest filing, from $200.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $200.7 million in Q3 2025 and bottomed at $118.9 million in Q2 2022.
- Historically, Cost of Revenue has averaged $160.5 million across 5 years, with a median of $160.7 million in 2022.
- Annual changes were most pronounced in 2021 — Cost of Revenue jumped 37.08% — and 2022, when it declined 18.78%.
- New Gold's Cost of Revenue stood at $150.9 million in 2021, then rose by 6.56% to $160.8 million in 2022, then climbed by 16.17% to $186.8 million in 2023, then fell by 9.48% to $169.1 million in 2024, then fell by 9.46% to $153.1 million in 2025.
- Business Quant data shows NGD's Cost of Revenue at $153.1 million in Q4 2025, $200.7 million in Q3 2025, and $177.0 million in Q2 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 153.10 Mn |
| Dec 31, 2025 | 153.10 Mn |
| Sep 30, 2025 | 200.70 Mn |
| Sep 30, 2025 | 200.70 Mn |
| Jun 30, 2025 | 177.00 Mn |
| Jun 30, 2025 | 177.00 Mn |
| Mar 31, 2025 | 160.60 Mn |
| Mar 31, 2025 | 160.60 Mn |
| Dec 31, 2024 | 169.10 Mn |
| Dec 31, 2024 | 169.10 Mn |
| Sep 30, 2024 | 165.90 Mn |
| Sep 30, 2024 | 165.90 Mn |
| Jun 30, 2024 | 179.30 Mn |
| Jun 30, 2024 | 179.30 Mn |
| Mar 31, 2024 | 169.50 Mn |
| Mar 31, 2024 | 169.50 Mn |
| Dec 31, 2023 | 186.80 Mn |
| Dec 31, 2023 | 186.80 Mn |
| Sep 30, 2023 | 166.30 Mn |
| Sep 30, 2023 | 166.30 Mn |