NEM Q1 2023 Earnings — Newmont Corporation Revenue & Financial Results | Market Cap Arena

NEMNewmont Corporation

$131B

Q1 2023 Earnings

Basic Materials Gold

Income Statement

Revenue

$2.7B-10.4% YoY

Gross Profit

$600M22.6% margin

Operating Income

$489M18.4% margin

Net Income

$351M13.2% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-15.6%

Cash Flow

Operating Cash Flow

$481M

Free Cash Flow

-$45M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$38.4B

Total Liabilities

$18.8B

Stockholders' Equity

$19.4B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$3.0B	-10.4%
Gross Profit	$600M	$884M	-32.1%
Operating Income	$489M	$772M	-36.7%
Net Income	$351M	$448M	-21.7%

Revenue Segments

Gold Dore

$1.9B71%

Sales From Concentrate And Other Production

$783M29%