Newmont Reports Q3 2026 Results with $2.3B Adjusted Net Income and Declares Dividend

Executive Summary

On October 22, 2026, Newmont Corporation (NYSE: NEM) filed an 8-K under Item 2.02 (Results of Operations and Financial Condition), furnishing its third-quarter 2026 earnings release and operational performance report.

Key Financial & Operational Highlights

• Earnings Performance:
  • Net Income: $2.5 billion.
  • Adjusted Net Income (ANI): $2.3 billion, or $2.20 per diluted share.
  • Adjusted EBITDA: $4.0 billion.
• Production:
  • Produced 1.30 million attributable gold ounces, 11 million ounces of silver, and 23 thousand tonnes of copper.
  • On track to achieve full-year 2026 production guidance of 5.3 million attributable gold ounces.
• Cost Metrics:
  • Gold by-product Costs Applicable to Sales (CAS): $832 per ounce.
  • Gold by-product All-In Sustaining Costs (AISC): $1,454 per ounce.
  • Improved full-year cost outlook to $925/oz CAS and $1,520/oz AISC.
  • Realized gold price for the quarter: $4,317 per ounce.
• Cash Flow & Capital Allocation:
  • Operating cash flow: $2.8 billion; Free Cash Flow: $1.9 billion.
  • Ended Q3 with $8.8 billion in cash and $12.8 billion in total liquidity, with a net cash position of $3.2 billion.
  • Declared a quarterly dividend of $0.26 per share (payable December 21, 2026, record date November 25, 2026).
  • Repurchased $1.6 billion in common stock since the prior earnings call, leaving $2.8 billion remaining on its $6.0 billion repurchase authorization.
• Strategic & Project Updates:
  • Nevada Gold Mines JV amended agreement contributed previously excluded assets (Barrick's Fourmile and Newmont's Fiberline and Mike).
  • Tanami Expansion 2 completed shaft construction ahead of schedule, targeting commercial production in 1H 2027.
  • Red Chris Block Cave feasibility study advancing towards early 2027 investment decision.