NEM at a glance
Newmont (NEM, SEC CIK 1164727) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on August 20, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Newmont (NEM) reported revenue of $22.7 billion (up 21.3% from FY2024) and net income of $7.1 billion. Diluted EPS was $6.39.
- As of June 30, 2026, 47 institutional investment managers tracked by SignalX reported holding Newmont (NEM) shares worth $40.0 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Toth Peter on October 1, 2026 of 3,000 shares at $114.81 per share.
- In the last 90 days, NEM insiders reported 0 open-market purchases ($0) and 7 open-market sales ($3.9M) on Form 4, a net sale of $3.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $22.7B
- +21.3% vs prior year
- Insiders · 90 days
- 0 buys · 7 sells
- Net −$3.9M
- 13F holders
- 47 funds
- $40.0B · +3 vs prior quarter
- Latest 8-K
- Aug 20, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Legal risk from Australian Fair Work legislation causing additional employee-related accruals impacting settlement costs in 2023
- Geographic exposure in French Guiana with wind-down and demobilization costs in 2024 risks operational disruption
- Supply chain and operational vulnerability from impairment charges up to $842M in 2025 on idle assets and inventory
- Competitive transaction risk related to Newcrest acquisition with integration costs of $72M in 2024 and $316M stamp duty in 2023
- Financial leverage improved: Net debt reduced from $5.3B in 2024 to net cash $(2.1)B in 2025 enhancing balance sheet flexibility
Management Discussion & Analysis
- Revenue $22.67B in 2025, up $3.99B YoY from $18.68B in 2024, driven by gold sales increase $3.56B to $19.30B
- Operating margin approx. 36.4% in 2025 ($8.08B costs on $22.67B sales) vs 48.0% in 2024 ($8.96B costs on $18.68B sales)
- Best segment: NGM gold sales $1.33B, costs $1.33B, stable production 999k oz; Worst segment: Akyem divested, costs $2.36B on 43k oz gold
- Cash flow / capital: $1.07B net gain on asset sales in 2025, interest expense $229M (down from $375M), workforce reductions cut G&A from $442M to $382M
- Outlook / risks: Ghana royalty changes increase costs; 2026 GEO metal prices updated; NGM JV management dispute ongoing, potential material impact
Business Overview
- Core business: Leading gold producer with diversified mining operations including gold, copper, silver, lead, and zinc across multiple continents
- Newcrest acquisition completed Nov 2023, integrating results from late 2023, adding a 32% interest in Lundin Gold and expanding asset base
- Strategic divestiture of six non-core assets and development project initiated in 2024, completed by end of 2025, optimizing portfolio post-Newcrest acquisition
- Workforce size at Dec 31, 2025: approx. 17,500 employees and 26,600 contractors, with 27% union or collective bargaining participation
- Significant increase in gold production attributable ounces in 2025: 5.889 million ounces vs 6.849 million in 2024 post-divestitures and acquisition impact
AI summary of the NEM 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Merian and Cerro Negro best performers: production up 40% and 17%; costs per gold ounce down 22% and 26%
- Peñasquito worst performer: gold production down 75%; all-in sustaining costs per gold ounce up 174%
- Cash and cash equivalents $9,009 at June 30, 2026; $1,848 held in foreign subsidiaries
- Liquidity adequate for operations; disciplined capital allocation strategy maintained
- Headwinds: geopolitical pressures, inflation, supply-chain disruptions, labor uncertainty, commodity-price and foreign-exchange volatility
Risk Factors
- Newly added Ghana risk triggered by December 31, 2025 stability-period expiration, exposing operations to changing taxes, royalties, and regulations
- Most material regulatory update: sliding-scale Ghana royalties rising from 5% to as high as 12% based on gold prices
- Export-compliance disruption: July 2026 Ghana doré shipment blocked pending regulatory engagement, delaying potential revenue and cash flows
- Operational risk: local-content rules prohibit owner mining, potentially requiring outsourcing to Ghanaian-owned companies
- Financial risk: Ghana may require up to 30% of gold production sold to GoldBod for Ghanaian cedis
AI summary of the NEM 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Peter David Beaven appointed independent director effective September 1, 2026
- Audit Committee appointment adds former BHP CFO expertise in mining finance, M&A and risk management
Item 1.01: Entry into a Material Definitive Agreement
- Newmont and Barrick contributing Fourmile, Fiberline, and Mike projects to Nevada Gold Mines
- Newmont cash payment of $1.95B to Barrick within 30 days of Fourmile contribution
Item EX-99.1: Item EX-99.1
- Newmont and Barrick amended the Nevada Gold Mines JV, contributing Fourmile, Fiberline and Mike developments
- Newmont to provide Barrick $1.95 billion for contributed properties, creating a material cash obligation
Item 7.01: Regulation FD Disclosure
- Forward-looking disclosure centers on Fourmile, Fiberline and Mike contributions to the Nevada Gold Mines joint venture
- Proposed amended governance and dispute resolution could reshape Newmont–Barrick joint venture control and collaboration
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Newmont issued accompanying earnings release on July 23, 2026
AI summaries of NEM 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for NEM
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Toth Peter | Sell | Oct 1, 2026 | 3,000 | $114.81 |
| Viljoen Natascha | Sell | Oct 1, 2026 | 3,882 | $114.81 |
| Beaven Peter David | A | Sep 2, 2026 | 1,092 | - |
| Viljoen Natascha | Sell | Sep 1, 2026 | 3,882 | $123.00 |
| Toth Peter | Sell | Sep 1, 2026 | 3,000 | $123.00 |
| BOYCE GREGORY H | G | Aug 24, 2026 | 46,871 | - |
| BOYCE GREGORY H | G | Aug 24, 2026 | 46,871 | - |
| Viljoen Natascha | Sell | Aug 5, 2026 | 7,764 | $104.00 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $11.8B | $18.7B | $22.7B | |
| Net Income | -$2.5B | $3.3B | $7.1B | |
| Net Margin | -21.1% | 17.9% | 31.3% | |
| Balance Sheet | ||||
| Total Assets | $55.5B | $56.3B | $57.1B | |
| Equity | $29.0B | $29.9B | $33.9B | |
| ROE | -8.6% | 11.2% | 20.9% | |
| Per Share | ||||
| EPS | $-2.97 | $2.92 | $6.39 | |
| Cash Flow | ||||
| Operating CF | $2.8B | $6.4B | $10.3B | |
Source: XBRL data in Newmont (NEM)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate NEM share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 47 | $40.04B |
| Q1 2026 | 44 | $45.51B |
| Q4 2025 | 41 | $45.47B |
| Q3 2025 | 45 | $38.75B |
| Q2 2025 | 41 | $25.72B |
| Q1 2025 | 36 | $14.31B |
| Q4 2024 | 32 | $9.99B |
| Q3 2024 | 29 | $6.90B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 315 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
NEM filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 8-K | Aug 20, 2026 | - | Analysis | - |
| 8-K | Aug 13, 2026 | - | Analysis | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 5, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 4 | Jul 29, 2026 | - | - | - |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 10-Q | Jul 23, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 6, 2026 | - | - | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
| 4 | Jun 3, 2026 | - | - | |
| 4 | Jun 3, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - | |
| 4 | May 15, 2026 | - | - |
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NEM SEC filings: frequently asked questions
Are NEM insiders buying or selling?
In the last 90 days, Newmont (NEM) officers, directors and 10% owners reported no open-market purchases and 7 open-market sales worth $3.9 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold NEM stock?
As of June 30, 2026, the largest Newmont (NEM) holders among the 13F filers tracked by SignalX were BlackRock ($11.3 billion), Vanguard Capital Management LLC ($6.5 billion), State Street Corp ($4.9 billion), Vanguard Portfolio Management LLC ($3.6 billion), FMR LLC (Fidelity) ($1.9 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was NEM's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Newmont (NEM) reported revenue of $22.7 billion (up 21.3% from FY2024) and net income of $7.1 billion. Diluted EPS was $6.39. The figures come from the XBRL data in the 10-K.
What are the main risks in NEM's latest 10-K?
In the 10-K filed February 19, 2026, Newmont (NEM) flagged: Legal risk from Australian Fair Work legislation causing additional employee-related accruals impacting settlement costs in 2023. Geographic exposure in French Guiana with wind-down and demobilization costs in 2024 risks operational disruption. (AI summary of the Risk Factors section.)
What did NEM report in its latest 8-K?
Newmont (NEM) filed an 8-K on August 20, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). Peter David Beaven appointed independent director effective September 1, 2026.
What are the latest NEM SEC filings?
Newmont (NEM) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 23, 2026, an 8-K current report on August 20, 2026 and a Form 4 insider filing on October 2, 2026.
What is NEM's SEC CIK number?
Newmont (NEM)'s SEC Central Index Key (CIK) is 1164727. EDGAR lists every NEM filing under that number.
Ask anything about NEM
The research agent reads NEM's filings, financials, insider trades and 13F holders, then answers with sources.