Newmont Q2 net income drops 33% to $2.2 billion vs Q1; adjusted EBITDA falls 27% to $3.76 billion
Reuters2026/07/23 20:27By:Reuters
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- Newmont posted net income attributable to stockholders of USD 2.2 billion, down USD 1.1 billion from Q1; diluted EPS slipped to USD 2.06.
- Sales fell to USD 6.12 billion; average realized gold price dropped to USD 4,414/oz.
- Free cash flow declined 30% from Q1 to a record USD 2.2 billion; operating cash flow eased 23% to USD 2.9 billion.
- Gold by-product CAS per ounce climbed 93% to USD 1,043; gold by-product AISC per ounce rose 58% to USD 1,621.
- Declared a USD 0.26-per-share dividend; repurchased USD 1.7 billion of stock since the last earnings call, leaving USD 4.3 billion authorized.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmont Corporation published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.
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