NEM Q2 2023 Earnings — Newmont Corporation Revenue & Financial Results | Market Cap Arena

NEMNewmont Corporation

$131B

Q2 2023 Earnings

Basic Materials Gold

Income Statement

Revenue

$2.7B-14.5% YoY

Gross Profit

$544M20.1% margin

Operating Income

$423M15.6% margin

Net Income

$155M5.7% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$663M

Free Cash Flow

$47M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$38.1B

Total Liabilities

$18.7B

Stockholders' Equity

$19.2B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$3.2B	-14.5%
Gross Profit	$544M	$785M	-30.7%
Operating Income	$423M	$662M	-36.1%
Net Income	$155M	$387M	-59.9%

Revenue Segments

Gold Dore

$2.0B74%

Sales From Concentrate And Other Production

$699M26%