Newmont Corporation’s third quarter 2025 showed sharply stronger profitability driven by higher gold prices and portfolio reshaping. Sales reached $5,524 million, up from $4,605 million a year earlier, while net income attributable to stockholders rose to $1,832 million, or $1.67 per diluted share, versus $0.80.
Adjusted net income was $1,883 million ($1.71 per diluted share) and Adjusted EBITDA climbed to $3,309 million, a 68% increase. For the first nine months, operating cash flow was $6,713 million and free cash flow $4,486 million, both significantly higher than 2024.
The company completed or agreed sales of several non-core mines and the Coffee development project, recognizing cumulative gains of $904 million on 2025 disposals and total consideration of $3,373 million. Newmont ended the quarter with $5,639 million in cash and cut debt recognized at amortized cost to $5,180 million, resulting in net debt of $12 million.
Attributable gold production was 1.4 million ounces in the quarter, with additional contributions from copper, silver, lead, and zinc. All-in sustaining costs for gold were $1,566 per ounce, slightly lower than the prior-year quarter, while the average realized gold price increased to $3,539 per ounce.
Newmont Corporation (NEM) furnished a Form 8-K announcing it issued a news release with results and related information for the third quarter ended September 30, 2025. The news release, dated October 23, 2025, is provided as Exhibit 99.1 and incorporated by reference into Item 2.02. The company notes the information is furnished, not filed, under the Exchange Act. The report was signed by Peter I. Wexler, Executive Vice President, Chief Legal Officer, and Interim Chief Financial Officer.