Newmont Corporation (NEM) Q3 2025 Financial Results Summary

2025-10-23 · Stocks · QuoteReporter

Newmont Corporation (NEM) Q3 2025 Financial Results Summary

DENVER, October 23, 2025 – Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) today announced its third quarter 2025 results and declared a dividend of $0.25 per share.

Summary of Financial Results

• Net Income:
• Reported at $1.8 billion, down from the previous quarter.
• Adjusted Net Income (ANI): $1.9 billion, or $1.71 per diluted share, up from $1.6 billion or $1.43 in the prior quarter.

• Adjusted EBITDA: Increased 10% from the previous quarter to $3.3 billion.

• Production Metrics:

• Produced 1.4 million gold ounces, down 4% from the previous quarter (1.46 million ounces).

• Produced 35,000 tonnes of copper from core managed operations.

• Cash Flow:

• Generated $2.3 billion from operating activities, reflecting a 4% decrease from the previous quarter due to unfavorable working capital impacts.

• Free Cash Flow:

• Achieved a record free cash flow of $1.6 billion. Decreased 8% compared to the previous quarter.

• Capital Return:

• Returned $823 million to shareholders through share repurchases and dividends since the last earnings call.

• Declared a quarterly dividend of $0.25 per share for Q3 2025.

• Debt Management:

• Reduced debt by $2 billion, concluding the quarter with a near-zero net debt position of $12 million.

• Maintained $5.6 billion in cash and $9.6 billion in total liquidity.

• Credit Rating:

• Upgraded by Moody’s to A3 with a stable outlook.

• Divestitures:

• Received $640 million in net cash proceeds from asset and equity sales, including recent divestments from Orla Mining and Discovery Silver.

Cost Metrics

• Cost Applicable to Sales (Co-Product CAS):

• Recorded at $1,185 per ounce, slightly lower than the previous quarter.

• All-In Sustaining Costs (AISC):

• Average AISC stood at $1,566 per ounce, slightly reduced from the prior quarter.

• Costs Overview:

• Gold By-Product CAS registered at $831 per ounce, improving from the prior quarter.

Production and Sales

• Average Realized Gold Price:

• $3,539 per ounce, an increase of $219 per ounce quarter-over-quarter.

• Total Consolidated Gold Sales:

• Net $4.67 billion, reflecting an 18% increase from the prior year (Q3 2024).

• Net Sales from Other Metals (Copper, Silver, etc.):

• Copper: $319 million; Silver: $293 million; Lead: $52 million; Zinc: $191 million.

This report highlights Newmont’s ongoing commitment to operational efficiency and effective capital management as the company navigates the dynamic mining landscape.