NovaGold Resources Inc. (NG) Income Statement
NG FY2025 at a glance
Fiscal year ended November 30, 2025 · U.S. dollarsNG revenue and net income
NG growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NG quarterly EPS vs estimates
NovaGold Resources beat the analyst EPS estimate in 5 of the last 8 quarters.
NG income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $25,378 | $21,399 | $10,000 | $6,753 | $6,864 | $7,262 | $15,008 | $21,368 | $34,376 | $32,595 |
| Gross profit | −$25,378 | −$21,399 | −$10,000 | −$6,753 | −$6,864 | −$7,262 | −$15,008 | −$21,368 | −$34,376 | −$32,595 |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $36.1M | $24.9M | $21.9M | $20.1M | $20.2M | $18.7M | $16.3M | $18.5M | $20.8M | $20.1M |
| Total operating expenses | $47.3M | $24.2M | $21.8M | $19.4M | $19.8M | $19.4M | $16.3M | $17.9M | $21.0M | $19.9M |
| Operating income | −$47.3M | −$24.3M | −$40.3M | −$19.4M | −$19.8M | −$19.4M | −$16.3M | −$18.0M | −$21.0M | −$19.9M |
| Interest income | $47.4M | $5.4M | $5.8M | $5.6M | $458,000 | $1.7M | $4.2M | $2.0M | $1.2M | $947,000 |
| Interest expense | $14.8M | $14.4M | $13.1M | $8.0M | $5.9M | $6.0M | $7.3M | $6.5M | $5.2M | $4.6M |
| Income before taxes | −$94.7M | −$43.7M | −$46.8M | −$51.5M | −$39.6M | −$35.6M | −$26.5M | −$30.1M | −$37.0M | −$33.2M |
| Income taxes | — | $704,241 | −$39,000 | −$31,839 | $134,344 | −$810,261 | $1.3M | $510,912 | $310,396 | $273,605 |
| Net income | −$94.7M | −$44.4M | −$46.8M | −$51.5M | −$39.8M | −$34.8M | −$27.8M | −$31.7M | −$39.4M | −$33.4M |
| EBITDA | −$79.0M | −$29.3M | −$40.3M | −$16.6M | −$17.5M | −$14.3M | −$8.7M | −$23.8M | −$31.7M | −$28.6M |
| EPS (diluted) | −$0.34 | −$0.14 | −$0.14 | −$0.20 | −$0.15 | −$0.13 | −$0.11 | −$0.13 | −$0.14 | −$0.14 |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,000 |
| Cost of revenue | $6,000 | $5,000 | $6,000 | $8,344 | $5,988 | $5,114 | $5,932 | $4,907 | $6,085 | $4,998 | $5,940 | $5,032 |
| Gross profit | −$6,000 | −$5,000 | −$6,000 | −$8,344 | −$5,988 | −$5,114 | −$5,932 | −$4,907 | −$6,085 | −$4,998 | −$5,940 | −$5,032 |
| Sales, general & admin | $12.0M | $8.9M | $8.7M | $21.1M | $6.3M | $5.8M | $4.8M | $5.9M | $5.1M | $7.6M | $6.3M | $5.4M |
| Total operating expenses | $36.0M | $25.8M | $14.9M | $30.3M | $6.3M | $5.9M | $4.7M | $5.8M | $5.2M | $7.6M | $6.2M | $5.4M |
| Operating income | −$36.0M | −$25.8M | −$14.9M | −$30.3M | −$6.3M | −$6.0M | −$4.7M | −$5.8M | −$5.2M | −$7.6M | −$6.2M | −$5.4M |
| Interest income | — | $4.0M | $1.6M | $1.4M | $1.2M | $1.6M | $1.0M | $1.1M | $1.2M | $1.5M | $1.6M | $1.6M |
| Interest expense | $3.9M | $3.7M | $3.6M | $3.7M | $3.8M | $3.7M | $3.6M | $3.6M | $3.8M | $3.7M | $3.6M | $3.5M |
| Income before taxes | −$36.0M | −$25.5M | −$15.4M | −$14.5M | −$15.6M | −$55.5M | −$9.0M | −$10.8M | −$10.7M | −$13.1M | −$10.1M | −$10.5M |
| Income taxes | — | — | — | — | — | — | −$131,000 | −$128,578 | $158,220 | $598,819 | $99,009 | −$36,232 |
| Net income | −$36.0M | −$25.5M | −$15.4M | −$14.5M | −$15.6M | −$55.5M | −$9.0M | −$10.7M | −$10.9M | −$13.7M | −$10.2M | −$10.5M |
| EBITDA | −$32.2M | −$8.9M | −$8.7M | $22.6M | −$11.8M | −$51.7M | −$5.5M | −$7.2M | −$6.8M | −$9.4M | −$6.5M | −$7.0M |
| EPS (diluted) | −$0.08 | −$0.06 | −$0.06 | −$0.03 | −$0.06 | −$0.21 | −$0.04 | −$0.03 | −$0.04 | −$0.04 | −$0.03 | −$0.03 |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | −50.3% |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | −54,329.2% |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | −104,884.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NG's financial statements (latest annual report filed January 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NG financial results
NovaGold Resources reported no revenue in fiscal year 2025 (ended November 30, 2025). It had a net loss of $94.7 million. Diluted earnings per share came to −$0.34.
See the NG stock overview for the latest quote and news, or the NG chart for price history and technical indicators.
NG income statement FAQ
Does NovaGold Resources have revenue?
NovaGold Resources reported no revenue for fiscal year 2025, which ended on November 30, 2025.
Is NovaGold Resources profitable?
No. NovaGold Resources reported a net loss of $94.7 million in fiscal 2025.
What are NovaGold Resources's earnings per share?
NovaGold Resources earned $-0.34 per diluted share in fiscal 2025, compared with $-0.14 a year earlier.
When does NovaGold Resources's fiscal year end?
NovaGold Resources's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025 and was filed on January 22, 2026.