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Newmont NEM NGM — Revenue from Contract with Customer, Excluding Assessed Tax

Other segment segments

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$230M+105%
Akyem
$0-100%
Éléonore
$0
Musselwhite
$0
Porcupine
$0-100%

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Other financials

Income statement

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Revenue$6.1B+15.1%
Gross profit$4.0B+21.5%
Net income$2.2B+6.8%
EPS (diluted)$2.06+11.4%

Balance sheet

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Cash & equivalents$9.0B+45.4%
Total debt$5.1B-28.7%
Total equity$35.2B+9.8%
Total assets$57.6B+4.5%

Cash flow

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Operating cash flow$2.9B+22.7%
CapEx$719.0M+6.7%
Free cash flow$2.2B+28.9%

Valuation

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Market cap$98.19B+40.4%
Enterprise value$94.23B+33.0%
P/E11.4×+0.3×
P/S3.8×+0.4×

Profitability

See full
Gross margin68.9%+11.7pp
Net margin33.4%+2.9pp
FCF margin37.8%+11.9pp

Returns & leverage

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Return on equity25.5%+5.1pp
Debt / equity0.1×-0.1×
Current ratio2.5×+0.3×

Where this comes from

Reported directly by Newmont in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Newmont's NGM — revenue from contract with customer, excluding assessed tax?
Newmont (NEM) reported NGM — revenue from contract with customer, excluding assessed tax of $1.07B in Q2 2026.
How has Newmont's NGM — revenue from contract with customer, excluding assessed tax changed year-over-year?
Newmont's NGM — revenue from contract with customer, excluding assessed tax increased by 36.5% year-over-year, from $783M to $1.07B.
What is the long-term trend for Newmont's NGM — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Newmont's NGM — revenue from contract with customer, excluding assessed tax has grown at a 11.6% compound annual growth rate (CAGR), from $2.29B to $3.56B.
What does NGM — revenue from contract with customer, excluding assessed tax mean?
This represents the total gross revenue generated from the sale of gold and other minerals within the Nevada Gold Mines operating segment. It reflects the core top-line performance of this specific joint venture asset, excluding any applicable sales or excise taxes. This metric is critical for assessing the production scale and market value realization of the Nevada operations.