Newmont — Feb 19, 2026 release

NEWMONT FOURTH QUARTER AND FULL YEAR 2025 RESULTS & 2026 GUIDANCE | NEWS RELEASE     2      Summary of Results 2024 2025 Change Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY FY Average realized gold price ($/oz) $ 2,090  $ 2,347  $ 2,518  $ 2,643  $ 2,408   $ 2,944  $ 3,320  $ 3,539  $ 4,216  $ 3,498   45% Attributable gold production (Moz) 1 1.68  1.61  1.67  1.90  6.85   1.54  1.48  1.42  1.45  5.89   (14)% Total CAS ($M) $ 2,106  $ 2,156  $ 2,310  $ 2,391  $ 8,963   $ 2,106  $ 2,001  $ 1,951  $ 2,027  $ 8,085   (10)% Gold By-Product CAS ($/oz) 2,3 $ 891  $ 892  $ 1,052  $ 862  $ 922   $ 930  $ 917  $ 831  $ 738  $ 855   (7)% Gold Co-Product CAS ($/oz) 2,3 $ 1,057  $ 1,152  $ 1,207  $ 1,096  $ 1,126   $ 1,227  $ 1,215  $ 1,185  $ 1,166  $ 1,199   6% Gold By-Product AISC ($/oz) 3 $ 1,373  $ 1,412  $ 1,542  $ 1,319  $ 1,408   $ 1,447  $ 1,375  $ 1,303  $ 1,302  $ 1,358   (4)% Gold Co-Product AISC ($/oz) 3 $ 1,439  $ 1,562  $ 1,611  $ 1,463  $ 1,516   $ 1,651  $ 1,593  $ 1,566  $ 1,620  $ 1,609   6% Net income (loss) attributable to Newmont stockholders ($M) $ 170  $ 853  $ 922  $ 1,403  $ 3,348   $ 1,891  $ 2,061  $ 1,832  $ 1,301  $ 7,085   112% Net income (loss) attributable to Newmont stockholders per share from continuing operations ($/diluted share) $ 0.15  $ 0.73  $ 0.76  $ 1.24  $ 2.86   $ 1.68  $ 1.85  $ 1.67  $ 1.19  $ 6.39   123% Adjusted net income ($M) 5 $ 630  $ 834  $ 936  $ 1,591  $ 3,991   $ 1,404  $ 1,594  $ 1,883  $ 2,753  $ 7,634   91% Adjusted net income per share ($/diluted share) 5 $ 0.55  $ 0.72  $ 0.81  $ 1.40  $ 3.48   $ 1.25  $ 1.43  $ 1.71  $ 2.52  $ 6.89   98% Adjusted EBITDA ($M) 5 $ 1,694  $ 1,966  $ 1,967  $ 3,048  $ 8,675   $ 2,629  $ 2,997  $ 3,309  $ 4,545  $ 13,480   55% Cash from operations before working capital ($M) 6 $ 1,442  $ 1,657  $ 1,846  $ 2,398  $ 7,343   $ 2,172  $ 2,228  $ 2,584  $ 3,560  $ 10,544   44% Net cash from operating activities of continuing operations ($M) $ 776  $ 1,394  $ 1,637  $ 2,511  $ 6,318   $ 2,031  $ 2,384  $ 2,298  $ 3,621  $ 10,334   64% Capital expenditures ($M) 7 $ 850  $ 800  $ 877  $ 875  $ 3,402   $ 826  $ 674  $ 727  $ 808  $ 3,035   (11)% Free cash flow ($M) 8 $ (74) $ 594  $ 760  $ 1,636  $ 2,916   $ 1,205  $ 1,710  $ 1,571  $ 2,813  $ 7,299   150% Fourth Quarter 2025 Production and Financial Summary Attributable gold production 1 increased 2 percent to 1,453 thousand ounces compared to the prior quarter, driven by the addition of new, low-cost ounces at Ahafo North, higher grade at Tanami and Merian, and higher production from the non-managed joint venture at Nevada Gold Mines. These increases were partially offset by lower production due to planned mine sequencing at Peñasquito, Ahafo South, Yanacocha, Brucejack and Cadia. Consolidated gold sales were 1,378 thousand ounces for the quarter. Copper production decreased 17 percent to 29 thousand tonnes compared to the prior quarter, driven by lower grade at Cadia and Boddington. Silver production remained steady at 7 million ounces compared to the prior quarter. Lead production decreased 12 percent to 23 thousand tonnes compared to the prior quarter, driven by lower grade at Peñasquito. Zinc production decreased 22 percent to 46 thousand tonnes co