NG revenueQ3 2026$0
NG revenue was $0 in fiscal Q3 2026 (ended Aug 31, 2026). For the full fiscal 2025 it was $0, compared with $0 in fiscal 2024.
Financials · NG
Novagold Resources Inc. (NG) financials
For fiscal 2025 (ended Nov 30, 2025), Novagold Resources Inc. reported $0 of revenue and -$94.66M of net income.
- Revenue, FY2025
- $0
- Net income, FY2025
- -$94.66M
- Cash
- $146.39M
- Total debt
- $177.51M
- Market cap
- $3.02B
FY2016FY2025
FY2016FY2025
NG revenue and earnings growth
NG net incomeQ3 2026-$36.04M
NG net income was -$36.04M in fiscal Q3 2026 (ended Aug 31, 2026), compared with -$15.65M a year earlier. For the full fiscal 2025 it was -$94.66M, compared with -$45.62M in fiscal 2024.
Income statement
| Line item | Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | Nov 30, 2018 | Nov 30, 2017 | Nov 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | - | - | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, general and admin | $25.38M | $24.94M | $21.78M | $20.11M | $20.21M | $18.73M | $16.32M | $18.49M | $20.80M | $20.18M |
| Operating income | -$47.29M | -$37.86M | -$40.31M | -$48.27M | -$36.84M | -$33.24M | -$26.81M | -$27.29M | -$32.02M | -$29.00M |
| Interest expense | - | - | - | - | - | - | - | $6.46M | $5.23M | $4.55M |
| Pre-tax income | -$94.66M | -$44.90M | -$46.76M | -$53.38M | -$40.40M | -$34.34M | -$26.48M | -$30.94M | -$36.61M | -$32.42M |
| Income tax | $0 | $724.0K | $39.0K | -$33.0K | $137.0K | -$781.0K | $1.28M | $526.0K | $307.0K | $277.0K |
| Net income | -$94.66M | -$45.62M | -$46.80M | -$53.34M | -$40.54M | -$33.56M | -$27.76M | -$112.77M | -$39.02M | -$33.85M |
| EPS, basic | -$0.25 | -$0.14 | -$0.14 | -$0.16 | -$0.12 | -$0.10 | -$0.09 | -$0.35 | -$0.12 | -$0.11 |
| EPS, diluted | - | - | - | - | -$0.12 | -$0.10 | -$0.09 | -$0.35 | -$0.12 | -$0.11 |
| Diluted shares | - | - | - | - | 331.5M | 329.3M | 325.8M | 322,487 | 321.7M | 319.8M |
Balance sheet
| Line item | Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | Nov 30, 2018 | Nov 30, 2017 | Nov 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $110.14M | $42.22M | $45.75M | $63.88M | $91.12M | $60.91M | $67.55M | $21.00M | $27.95M | $30.27M |
| Short-term investments | $0 | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | $301.0K | $0 | - | - | - | - | - |
| Current assets | $117.49M | $102.75M | $127.22M | $152.54M | $169.45M | $196.39M | $150.34M | $169.38M | $84.84M | $107.34M |
| Total assets | $335.91M | $109.75M | $133.29M | $159.19M | $198.85M | $224.44M | $245.84M | $260.93M | $398.66M | $408.26M |
| Current liabilities | $4.94M | $4.49M | $3.91M | $4.60M | $4.38M | $3.51M | $3.34M | $3.66M | $3.42M | $3.05M |
| Total debt | $166.30M | $151.52M | $136.75M | $123.69M | $115.72M | $109.80M | $103.79M | $96.50M | $90.04M | $84.81M |
| Total liabilities | $172.12M | $157.17M | $141.51M | $129.29M | $120.57M | $113.71M | $107.88M | $100.24M | $114.63M | $108.00M |
| Shareholders' equity | $163.79M | -$47.42M | -$8.22M | $29.90M | $78.28M | $110.73M | $137.95M | $160.69M | $284.03M | $300.26M |
Cash flow
| Line item | Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | Nov 30, 2018 | Nov 30, 2017 | Nov 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$14.03M | -$12.64M | -$7.79M | -$12.37M | -$9.86M | -$10.02M | -$6.13M | -$10.39M | -$8.08M | -$8.94M |
| Investing cash flow | -$177.56M | $9.36M | -$10.33M | -$12.36M | $40.39M | $4.72M | $53.86M | $3.53M | $5.80M | $1.78M |
| Financing cash flow | $259.50M | -$174.0K | $0 | -$2.12M | -$731.0K | -$1.65M | -$1.20M | $0 | -$196.0K | -$4.28M |
| Stock-based compensation | $6.70M | $7.24M | $8.73M | $8.21M | $8.23M | $7.06M | $6.18M | $7.73M | $10.29M | $10.26M |
Key ratios
| Line item | Nov 30, 2025 | Nov 30, 2024 | Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | Nov 30, 2018 | Nov 30, 2017 | Nov 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | -57.8% | - | - | -178.4% | -51.8% | -30.3% | -20.1% | -70.2% | -13.7% | -11.3% |
| Return on assets | -28.2% | -41.6% | -35.1% | -33.5% | -20.4% | -15.0% | -11.3% | -43.2% | -9.8% | -8.3% |
| Current ratio | 23.79 | 22.91 | 32.57 | 33.17 | 38.66 | 55.97 | 44.97 | 46.28 | 24.79 | 35.18 |
| Debt to equity | 1.02 | - | - | 4.14 | 1.48 | 0.99 | 0.75 | 0.60 | 0.32 | 0.28 |
Income statement
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | - | - | - | - | $0 | $0 | $0 | $0 | $0 | $0 | - |
| Selling, general and admin | $12.04M | $8.92M | $8.70M | $8.48M | $6.28M | $5.82M | $4.80M | $5.95M | $5.12M | $7.60M | $6.26M | $5.40M |
| Operating income | -$36.01M | -$25.79M | -$14.91M | -$14.18M | -$13.73M | -$12.28M | -$7.10M | -$9.11M | -$7.93M | -$11.59M | -$9.22M | -$7.93M |
| Pre-tax income | - | - | - | -$15.62M | -$15.65M | -$54.27M | -$9.12M | -$10.99M | -$10.59M | -$13.10M | -$10.22M | -$10.46M |
| Income tax | - | - | - | $0 | $0 | $0 | $0 | -$131.0K | $156.0K | $599.0K | $100.0K | -$36.0K |
| Net income | -$36.04M | -$25.49M | -$15.44M | -$15.62M | -$15.65M | -$54.27M | -$9.12M | -$10.86M | -$10.74M | -$13.70M | -$10.32M | -$10.42M |
| EPS, basic | -$80.00 | -$0.06 | -$0.04 | - | -$40.00 | -$0.15 | -$0.03 | - | -$0.03 | -$0.04 | -$0.03 | - |
Balance sheet
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $146.39M | $78.22M | $117.49M | $110.14M | $58.17M | $293.74M | $33.97M | $42.22M | $45.57M | $52.57M | $37.50M | $45.75M |
| Short-term investments | - | $1.21M | $1.69M | $0 | - | - | - | - | - | - | - | - |
| Current assets | $349.77M | $376.04M | $396.13M | $117.49M | $126.17M | $321.39M | $94.64M | $102.75M | $107.11M | $113.94M | $119.89M | $127.22M |
| Total assets | $573.29M | $598.74M | $619.43M | $335.91M | $345.38M | $329.30M | $102.03M | $109.75M | $114.73M | $121.58M | $126.88M | $133.29M |
| Current liabilities | $7.86M | $3.33M | $4.46M | $4.94M | $4.69M | $4.19M | $1.98M | $4.49M | $3.59M | $3.89M | $1.83M | $3.91M |
| Total debt | $177.51M | $173.65M | $169.90M | $166.30M | - | - | - | $151.52M | - | - | - | $136.75M |
| Total liabilities | $186.03M | $177.73M | $175.19M | $172.12M | $168.27M | $164.02M | $158.15M | $157.17M | $152.54M | $149.05M | $143.00M | $141.51M |
| Shareholders' equity | $387.25M | $421.02M | $444.24M | $163.79M | $177.11M | $165.28M | -$56.13M | -$47.42M | -$37.81M | -$27.47M | -$16.12M | -$8.22M |
Cash flow
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.26M | -$6.40M | -$5.26M | -$6.04M | -$903.0K | -$1.63M | -$5.46M | -$2.03M | -$4.04M | -$1.20M | -$5.37M | -$1.82M |
| Capital expenditures | - | - | - | - | - | - | - | - | $0 | $0 | $0 | - |
| Free cash flow | - | - | - | - | - | - | - | - | -$4.04M | -$1.20M | -$5.37M | - |
| Investing cash flow | $71.42M | -$32.84M | -$281.42M | $58.05M | -$260.15M | $27.20M | -$2.66M | -$1.25M | -$2.81M | $16.29M | -$2.88M | $3.51M |
| Financing cash flow | $0 | $0 | $294.00M | $1.0K | $25.48M | $234.10M | -$82.0K | $0 | -$157.0K | -$17.0K | $0 | $0 |
| Stock-based compensation | $2.28M | $2.27M | $1.88M | $2.30M | $2.00M | $1.41M | $983.0K | $1.92M | $515.0K | $2.40M | $2.41M | $2.21M |
Key ratios
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 44.51 | 112.82 | 88.72 | 23.79 | 26.91 | 76.72 | 47.82 | 22.91 | 29.83 | 29.28 | 65.41 | 32.57 |
| Debt to equity | 0.46 | 0.41 | 0.38 | 1.02 | - | - | - | - | - | - | - | - |
Source: XBRL data Novagold Resources Inc. files with the SEC, latest filing dated Oct 8, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
NG peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| NG | $0 | - | -$94.66M | - | $3.02B |
| NEM | $26.61B | +23.7% | $9.24B | 34.7% | $130.07B |
| AEM | $11.91B | +43.7% | $4.46B | 37.5% | $101.51B |
| B | $16.96B | +31.2% | $4.99B | 29.4% | $69.56B |
| WPM | $2.31B | +80.2% | $1.47B | 63.6% | $65.38B |
| FNV | $1.82B | +63.7% | $1.11B | 61.0% | $50.81B |
| AU | $9.89B | +70.8% | $3.17B | 32.1% | $50.26B |
| GFI | $8.75B | +68.2% | $3.57B | 40.8% | $36.73B |
| KGC | $7.05B | +36.9% | $2.39B | 33.9% | $26.92B |
NG FAQ
5 questionsWhat is NG revenue?
Novagold Resources Inc. (NG) reported $0 of revenue for fiscal 2025 (ended Nov 30, 2025).Is NG profitable?
No. Novagold Resources Inc. reported a net loss of $94.66M for fiscal 2025 (ended Nov 30, 2025).How much cash and debt does NG have?
Novagold Resources Inc. reported $146.39M in cash and cash equivalents and $177.51M of debt on its most recent balance sheet in SEC filings.When did NG last report financial results?
The latest statements here come from Novagold Resources Inc.'s 10-Q filed on Oct 8, 2026, covering the period ended Aug 31, 2026.Where does this NG financial data come from?
Quantisnow builds these statements from the structured XBRL data Novagold Resources Inc. files with the SEC. It is provided for information only and is not investment advice.