0001164727-26-000010
SEC filingNewmont Corporation reported strong financial results for fiscal year 2025, with sales of $22.67 billion and net income attributable to Newmont stockholders of $7.08 billion. The company generated robust operating cash flow of $10.33 billion from continuing operations, significantly exceeding net income due to non-cash adjustments including depreciation and amortization of $2.52 billion and a gain on sale of assets held for sale of $1.07 billion. Key profitability drivers included a substantial gain on asset sales and favorable fair value changes in investments. The balance sheet shows total assets of $57.12 billion, with strong liquidity of $7.65 billion in cash and cash equivalents. The company returned capital to shareholders through $1.11 billion in dividends and $2.30 billion in share repurchases while reducing debt by $3.43 billion. These results demonstrate Newmont's ability to generate significant cash flow from operations while maintaining a solid financial position.
Newmont Corporation reported fiscal year 2025 sales of $22.67 billion, with net income attributable to Newmont stockholders of $7.08 billion. The company achieved net income from continuing operations of $7.17 billion, supported by equity income from affiliates of $421 million. Basic and diluted earnings per share were both $6.00 per share. Total costs and expenses amounted to $11.71 billion, including costs applicable to sales of $8.09 billion, depreciation and amortization of $2.52 billion, and impairment charges of $842 million. The company recorded a significant gain of $1.07 billion on sale of assets held for sale, contributing to overall profitability. Other income totaled $381 million, driven by a $604 million change in fair value of investments and options.
Revenue analysis is limited as the provided data does not include segment breakdowns, geographic mix, or specific growth drivers beyond the total sales figure of $22.67 billion. The XBRL data and document content focus on consolidated financial statements without segment-level disclosure. Sales are reported as a single consolidated figure with no further breakdown by business segment, product line, or geographic region in the provided financial data.
Gross profit can be calculated as $14.58 billion (sales of $22.67 billion minus costs applicable to sales of $8.09 billion), resulting in a gross margin of approximately 64.3%. Operating income before other items was $11.34 billion, representing an operating margin of approximately 50.0% relative to sales. Profitability was enhanced by a $1.07 billion gain on sale of assets held for sale and a $604 million positive change in fair value of investments and options. The cost structure included significant non-cash expenses such as depreciation and amortization ($2.52 billion) and impairment charges ($842 million).
Operating activities generated $10.33 billion in cash flow from continuing operations, significantly higher than net income due to non-cash adjustments including depreciation and amortization ($2.52 billion), deferred income taxes ($1.39 billion), and the gain on asset sales (-$1.07 billion). Investing activities provided $606 million in net cash, with $3.04 billion in capital expenditures offset by $2.81 billion in proceeds from asset sales. Financing activities used $7.04 billion, primarily for debt repayment ($3.43 billion), share repurchases ($2.30 billion), and dividends ($1.11 billion). The balance sheet shows total assets of $57.12 billion, including $7.65 billion in cash and cash equivalents, $33.31 billion in property, plant and mine development (net), and $2.66 billion in goodwill. Total liabilities were $23.08 billion, including $5.12 billion in long-term debt and $6.30 billion in reclamation and remediation liabilities. Total equity stood at $34.04 billion, with Newmont stockholders' equity of $33.87 billion.
The provided financial data and document content do not include management guidance, strategic priorities, or specific risk factors for future periods. The XBRL data and document text consist solely of historical financial statements for fiscal year 2025 ending December 31, 2025, without forward-looking statements, outlook commentary, or management discussion and analysis sections that would typically contain guidance and strategic priorities. No information about future expectations, projected performance, or specific risk factors is available in the provided source material.