Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
A higher gold price fell almost straight through to profit
Sales rose 15.2% and total costs 8.55%, so most of the higher gold price reached pre-tax profit.
For investorsWhat the profit depends on if gold stops rising
For foundersBuy a portfolio, keep the best: lessons from Newmont's concentration play
All-in sustaining costs took 45% of the realized gold price, against 44% a year earlier, so per-ounce economics barely improved.
Diluted earnings per share rose to $2.35 from $1.67, faster than pre-tax income, as the tax rate and share count both fell.
Copper, silver, lead and zinc earn sales in their own right or are credited against gold costs, lowering cost per ounce.
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Business Lens describes Newmont from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.