What is Newmont's income tax?

Newmont (NEM) reported income tax of $1.4B in Q1 2026.

How has Newmont's income tax changed year-over-year?

Newmont's income tax increased by 117.0% year-over-year, from $647M to $1.4B.

What is the long-term trend for Newmont's income tax?

Over 4 years (2021 to 2025), Newmont's income tax has grown at a 43.0% compound annual growth rate (CAGR), from $1.1B to $4.6B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Newmont NEM Income Tax

Income Tax at other companies

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$657.22K—

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-$174K+83.9%

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0%—

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$653M+30.6%

SSR MiningSSRM

$59.78M+264%

Gold ResourceGORO

$4.71M+794%

Other financials

Income statement

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Revenue$7.3B+45.8%

Gross profit$5.4B+84.9%

Net income$3.3B+72.5%

EPS (diluted)$3.00+78.6%

Balance sheet

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Cash & equivalents$8.8B+86.3%

Total debt$5.1B-32.3%

Total equity$34.9B+11.8%

Total assets$57.7B+3.9%

Cash flow

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Operating cash flow$3.8B+86.4%

CapEx$641.0M-22.4%

Free cash flow$3.1B+161%

Valuation

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Market cap$99.71B+57.3%

Enterprise value$95.98B+49.5%

P/E11.8×+1.7×

P/S4×+0.9×

Profitability

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Gross margin68.3%+13.9pp

Net margin33.9%+8.1pp

FCF margin37%+15.4pp

Returns & leverage

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Return on equity25.6%+8.7pp

Debt / equity0.1×-0.1×

Current ratio2.4×+0.5×

Where this comes from

Reported directly by Newmont in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Newmont’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Newmont's income tax?: Newmont (NEM) reported income tax of $1.4B in Q1 2026.
How has Newmont's income tax changed year-over-year?: Newmont's income tax increased by 117.0% year-over-year, from $647M to $1.4B.
What is the long-term trend for Newmont's income tax?: Over 4 years (2021 to 2025), Newmont's income tax has grown at a 43.0% compound annual growth rate (CAGR), from $1.1B to $4.6B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.