HighGravityDataNewmont — Feb 19, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001164727-26-000009
Showing in the filing
Remaining share repurchase authorization
“$2.4 billion remains under the previously authorized programs of $6.0 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 109
Dividend declared for the fourth quarter of … for Q4 FY2025
“$0.26 per share”
Remaining share repurchase authorization
“$2.4 billion remains under the previously authorized programs of $6.0 billion”
Attributable production for 2026 for FY2026
“approximately 5.3 million gold ounces, including over 3.9 million gold ounces from Newmont's managed operations”
Sustaining capital spend for FY2026
“approximately $1.95 billion”
Development capital spend for FY2026
“approximately $1.4 billion”
Sustainable Through the Cycle Cash Dividend for the long term
“$1.1 billion per year”
Indicated Total Annualized Dividend
“$1.04 per share”
Minimum cash balance through the cycle for the long term
“$5 billion”
Yanacocha - Attributable Sustaining Capital … for FY2026
“10”
Red Chris - Copper 2026E Production (ktonne) for FY2026
“20”
Attributable Gold Production (Moz) - Managed… for FY2026
“3,915”
Attributable Gold Production (Moz) - Non-Man… for FY2026
“1,345”
Total Newmont Attributable Gold Production (… for FY2026
“5,260”
Brucejack - Gold Production (Koz) for FY2026
“260”
Gold By-Product CAS ($/oz) - Managed Portfolio for FY2026
“$965”
Total Newmont Gold By-Product CAS ($/oz) for FY2026
“$1,055”
Gold By-Product AISC ($/oz) - Managed Portfo… for FY2026
“$1,650”
Gold By-Product AISC ($/oz) - Non-Managed Po… for FY2026
“$1,775”
Nevada Gold Mines (NGM) - Gold By-Product AI… for FY2026
“$1,775”
Longer-term production outlook for the long term
“approximately 6 million ounces of gold and 150 thousand tonnes of copper annually”
Total Newmont Gold By-Product AISC ($/oz) for FY2026
“$1,680”
Sustaining Capital ($M) - Managed Portfolio for FY2026
“$1,660”
Sustaining Capital ($M) - Non-Managed Portfo… for FY2026
“$290”
Nevada Gold Mines (NGM) - Attributable Susta… for FY2026
“290”
Total Newmont Sustaining Capital ($M) for FY2026
“$1,950”
Development Capital ($M) - Managed Portfolio for FY2026
“$1,160”
Development Capital ($M) - Non-Managed Portf… for FY2026
“$240”
Nevada Gold Mines (NGM) - Attributable Devel… for FY2026
“240”
Total Newmont Development Capital ($M) for FY2026
“$1,400”
Capitalized Interest ($M) for FY2026
“$175”
Attributable Production Seasonality H1 2026E for H1 FY2026
“48%”
Sustaining Capital Seasonality H1 2026E for H1 FY2026
“48%”
Attributable Production Seasonality H2 2026E for H2 FY2026
“52%”
Sustaining Capital Seasonality H2 2026E for H2 FY2026
“52%”
Development Capital Seasonality H1 2026E for H1 FY2026
“45%”
Ahafo North - Attributable Sustaining Capita… for FY2026
“55”
Development Capital Seasonality H2 2026E for H2 FY2026
“55%”
Boddington Q1 2026 bushfire production impact for Q1 FY2026
“approximately 60 thousand ounces”
Copper Production (ktonne) for FY2026
“102”
Peñasquito silver production change for FY2026
“expected to increase silver production by more than 10 percent”
Exploration & Advanced Projects ($M) for FY2026
“$525”
Exploration expense estimate for FY2026
“$240 million dollars”
Advanced project spending estimate for FY2026
“approximately $285 million”
General & Administrative ($M) for FY2026
“$375”
Depreciation & Amortization ($M) for FY2026
“$2,815”
Reclamation and Remediation Accretion ($M) for FY2026
“$385”
Adjusted Tax Rate for FY2026
“33%”
Reclamation spend for FY2026
“approximately $850 million for the total portfolio and approximately $550 million on the Yanacocha water treatment plants”
Total estimated spend on Yanacocha water tre…
“approximately $1.8 billion”
Reclamation spend (return to normal levels) for FY2028
“$300 to $400 million”
Lihir - Gold Production (Koz) for FY2026
“560”
Brucejack - Gold By-Product CAS ($/oz) for FY2026
“$1,475”
Lihir - Gold By-Product AISC ($/oz) for FY2026
“$1,765”
Cadia - Gold By-Product CAS ($/oz) for FY2026
“$(180)”
Cadia - Gold By-Product AISC ($/oz) for FY2026
“$1,575”
Cadia - Copper 2026E Production (ktonne) for FY2026
“65”
Cadia gold production change for FY2026
“expected to decrease by approximately 30 percent in 2026”
Tanami - Gold Production (Koz) for FY2026
“365”
Tanami - Gold By-Product CAS ($/oz) for FY2026
“$1,250”
Tanami - Gold By-Product AISC ($/oz) for FY2026
“$2,145”
Boddington - Gold Production (Koz) for FY2026
“580”
Boddington - Gold By-Product CAS ($/oz) for FY2026
“$1,160”
Boddington - Gold By-Product AISC ($/oz) for FY2026
“$1,630”
Boddington - Copper 2026E Production (ktonne) for FY2026
“17”
Ahafo South - Gold Production (Koz) for FY2026
“440”
Ahafo South - Gold By-Product CAS ($/oz) for FY2026
“$1,830”
Ahafo South - Gold By-Product AISC ($/oz) for FY2026
“$2,160”
Ahafo North - Gold Production (Koz) for FY2026
“315”
Ahafo North - Gold By-Product CAS ($/oz) for FY2026
“$1,045”
Ahafo North - Gold By-Product AISC ($/oz) for FY2026
“$1,285”
Merian - Gold Production (Koz) for FY2026
“225”
Merian - Gold By-Product CAS ($/oz) for FY2026
“$1,480”
Merian - Gold By-Product AISC ($/oz) for FY2026
“$1,800”
Merian - Attributable Sustaining Capital ($M) for FY2026
“80”
Cerro Negro - Gold Production (Koz) for FY2026
“220”
Cerro Negro - Gold By-Product CAS ($/oz) for FY2026
“$1,430”
Cerro Negro - Gold By-Product AISC ($/oz) for FY2026
“$1,960”
Yanacocha - Gold Production (Koz) for FY2026
“460”
Yanacocha - Gold By-Product CAS ($/oz) for FY2026
“$1,070”
Yanacocha - Gold By-Product AISC ($/oz) for FY2026
“$1,170”
Peñasquito - Gold By-Product CAS ($/oz) for FY2026
“$(4,325)”
Peñasquito - Gold By-Product AISC ($/oz) for FY2026
“$(2,395)”
Peñasquito - Zinc 2026E Production (ktonne) for FY2026
“220”
Red Chris - Gold By-Product CAS ($/oz) for FY2026
“$1,390”
Red Chris - Gold By-Product AISC ($/oz) for FY2026
“$3,625”
Brucejack - Gold By-Product AISC ($/oz) for FY2026
“$2,085”
Pueblo Viejo 2026E Attributable Production (… for FY2026
“255”
Fruta Del Norte 2026E Attributable Productio… for FY2026
“155”
Lihir - Attributable Development Capital ($M) for FY2026
“140”
Cadia - Gold Production (Koz) for FY2026
“270”
Tanami - Attributable Sustaining Capital ($M) for FY2026
“270”
Cadia - Attributable Sustaining Capital ($M) for FY2026
“425”
Cadia - Attributable Development Capital ($M) for FY2026
“370”
Tanami - Attributable Development Capital ($M) for FY2026
“330”
Boddington - Attributable Sustaining Capital… for FY2026
“225”
Ahafo South - Attributable Sustaining Capita… for FY2026
“115”
Ahafo South - Attributable Development Capit… for FY2026
“10”
Merian - Consolidated Production (Koz) for FY2026
“300”
Peñasquito - Gold Production (Koz) for FY2026
“185”
Peñasquito - Attributable Sustaining Capital… for FY2026
“100”
Nevada Gold Mines (NGM) - Gold Production (K… for FY2026
“935”
Peñasquito - Silver 2026E Production (Moz) for FY2026
“32”
Peñasquito - Lead 2026E Production (ktonne) for FY2026
“90”
Cerro Negro - Attributable Development Capit… for FY2026
“120”
Ahafo North - Attributable Development Capit… for FY2026
“30”
Gold By-Product CAS ($/oz) - Non-Managed Por… for FY2026
“$1,400”
Nevada Gold Mines (NGM) - Gold By-Product CA… for FY2026
“$1,400”
Red Chris - Gold Production (Koz) for FY2026
“35”
Cerro Negro - Attributable Sustaining Capita… for FY2026
“95”
Exhibit 99.1 · the passage around this item
… earlier in the release
"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 EBITDA 2 of $13.5 billion for the year, with fourth quarter ANI 2 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 Flow 2 for the year, including a record $2.8 billion in the fourth quarter ▪ Announced an enhanced capital allocation framework 3 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 2025 1 ▪ 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 stock repurchases of $3.6 billion since the initial program authorization in 2024; $2.4 billion remains under the previously authorized programs of $6.0 billion 4 ▪ Reduced debt by $3.4 billion in 2025, ending the year in a net cash position of $2.1 billion 2 , with $7.6 billion in cash and $11.6 billion in total liquidity 5 ▪ Completed the non-core divestiture program, generating $4.5 billion in total after-tax proceeds to date from announced transactions, inclusive of $134 million from the sale of equity shares in Greatland Resources in January 2026 6 ▪ Declared total attributable gold reserves of 118.2 million ounces and resources of 148.7 million ounces 7 ; significant exposure to other metals, including 12.5 million tonnes of copper reserves and 442 million ounces of silver reserves ▪ Declared commercial production at Ahafo North in Ghana on October 24, 2025, adding profitable gold production over an initial thirteen-year mine life ▪ Announced approval for the Lihir Nearshore Barrier mine life extension, unlocking future access to production of over 5 million gold ounces and extending Lihir's mine life beyond 2040 8 2026 Guidance 9 ▪ Attributable production for 2026 is expected to be approximately 5.3 million gold ounces, including over 3.9 million gold ounces from Newmont's managed operations ▪ Gold by-product AISC 2 is expected to
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.