Newmont Q2 GAAP net income rises to $2.06/share; adjusted EBITDA climbs to USD 3.8 billion
NEM•Production and guidance remain on track
Gold production was 1,300,000 ounces; average realized gold price was USD 4,414 per ounce, with gold AISC at USD 1,621 per ounce.
Newmont kept 2026 guidance for attributable gold production at 5.3 million ounces and said Cadia resumed production in mid-June after an April seismic event.
Q2 results show higher earnings and cash flow
Newmont posted GAAP net income attributable to stockholders of USD 2.2 billion, or USD 2.06 per share, in Q2 2026.
Adjusted EBITDA (non-GAAP) totaled USD 3.8 billion, while adjusted net income (non-GAAP) was USD 2.10 per share.
Free cash flow (non-GAAP) reached USD 2.2 billion, supported by cash from operations of USD 2.9 billion.
