Newmont posts record Q3 adjusted net income and reaffirms 2026 production guidance
Newmont Corporation reported third‑quarter 2026 results with adjusted net income of $2.3 billion and free cash flow of $1.9 billion. The miner produced about 1.3 million attributable gold ounces and confirmed its full‑year target of 5.3 million ounces. It also announced a quarterly dividend of $0.26 per share and gave an update on the Red Chris Block Cave and Tanami Expansion 2 projects.
Why it matters
The strong earnings and cash generation support Newmont's dividend and share‑repurchase program, which may enhance per‑share returns for investors. Maintaining the 2026 production outlook signals continued revenue potential from higher gold prices.
Key facts
- 1Adjusted net income for Q3 2026 was $2.3 billion, or $2.20 per diluted share (non‑GAAP). sec.gov
- 2Free cash flow generated in the quarter amounted to $1.9 billion. sec.gov
- 3Gold production was approximately 1.3 million attributable ounces. sec.gov
- 4The company declared a dividend of $0.26 per share of common stock for the quarter. sec.gov
- 5Since the previous earnings briefing, Newmont repurchased shares worth $1.6 billion. sec.gov
- 6Red Chris Block Cave is moving toward a full‑funds investment decision in early 2027. sec.gov
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.