Newmont's second quarter 2026 free cash flow hit a record $2.2B despite an EPS miss, as costs came in below estimates.

Newmont reported second quarter 2026 adjusted EPS of $2.10 after producing approximately 1.3 million attributable ounces of gold. The company generated a record second quarter free cash flow of $2.2 billion, with All-In Sustaining Costs (AISC) coming in at $1,621 per ounce.

Key Highlights

• The company generated a record second quarter free cash flow of $2.2 billion, a decrease of 30 percent from the prior quarter but a significant achievement for the period.
• All-In Sustaining Costs (AISC) were $1,621 per ounce, coming in below analyst expectations and tracking well below the company's full-year guidance of $1,680 per ounce.
• Management returned $1.9 billion to shareholders through dividends and share repurchases since the last earnings report, with $4.3 billion remaining under the current buyback authorization.
• Full-year 2026 guidance was reaffirmed, with the company remaining on track to produce 5.3 million attributable gold ounces.