Business
Newmont Reports Fourth Quarter and Full Year 2025 Results, Provides 2026 Guidance, and Announces Enhanced Capital Allocation Framework
DENVER / Feb 19, 2026 / Business Wire / Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced its fourth quarter and
About this update from Newmont Corporation
[{"type":"text","content":"DENVER / Feb 19, 2026 / Business Wire / Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced its fourth quarter and full year 2025 results, declared a fourth quarter dividend of $0.261 and provided guidance for the full year of 2026. \"2025 was a milestone year for Newmont, as we delivered on our full-year guidance, strengthened our financial position and made meaningful progress on our commitments. As a result of our disciplined operational execution, we delivered a record $7.3 billion in free cash flow, generated $3.6 billion from portfolio optimization, returned $3.4 billion to shareholders, reduced debt by $3.4 billion and closed the year in a strong net cash position,\" said Natascha Viljoen, Newmont's President and Chief Executive Officer. \"Building on this momentum, we announced an enhanced capital allocation framework and increased our quarterly dividend, anchored by a flexible and resilient balance sheet, and are entering 2026 with a clear focus on continuing to drive margin expansion and generate robust free cash flow from our unrivaled portfolio of world-class operations and projects.\" 2025 Results Achieved full-year production and cost guidance with production of 5.7 million attributable gold ounces from Newmont's core portfolio, for a total of 5.9 million attributable gold ounces, as well as 28 million ounces of silver and 135 thousand tonnes of copper; gold by-product AISC was $1,358 per ounce, with co-product AISC of $1,609 per ounce Reported Net Income of $7.2 billion, Adjusted Net Income (ANI)2 of $7.6 billion or $6.89 per diluted share and Adjusted EBITDA2 of $13.5 billion for the year, with fourth quarter ANI2 of $2.8 billion or $2.52 per diluted share Generated $10.3 billion of cash from operating activities, net of working capital impacts of $210 million; reported an all-time annual record $7.3 billion in Free Cash Flow2 for the year, including a record $2.8 billion in the fourth quarter Announced an enhanced capital allocation framework3 creating a predictable pathway to per share dividend growth; declared an increased dividend of $0.26 per share of common stock for the fourth quarter of 20251 Returned $3.4 billion of capital to shareholders through share repurchases and dividend payments in 2025 To date, Newmont has executed and settled total trades of common stoc...