New Gold Inc. (NGD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NGD Revenue Growth
Revenue Breakdown
NGD's revenue distribution by segment and geography
By Geography
NGD Revenue Analysis (2014–2025)
As of May 7, 2026, New Gold Inc. (NGD) generated trailing twelve-month (TTM) revenue of $1.46 billion, reflecting explosive growth of +89.2% year-over-year. The most recent quarter (Q4 2025) recorded $496.1 million in revenue, up 10.5% sequentially.
Looking at the longer-term picture, NGD's 5-year compound annual growth rate (CAGR) stands at +18.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.48 billion in 2025, representing a new all-time high.
When compared to Basic Materials sector peers including EGO (+37.9% YoY), CDE (+113.7% YoY), and HL (+57.0% YoY), NGD has underperformed the peer group in terms of revenue growth. Compare NGD vs EGO →
NGD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NGDCurrent | $1.5B | +89.2% | +18.1% | 44.4% | |
 EGO | $1.9B | +37.9% | +12.5% | 41.5% | |
 CDE | $2.1B | +113.7% | +21.4% | 36.3% | |
 HL | $1.4B | +57.0% | +15.5% | 37.5% | |
 PAAS | $3.7B | +29.0% | +22.4% | 32.3% | |
 AG | $1.3B | +125.1% | +28.4% | 27.8% |
NGD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.48B | +59.7% | $784.7M | 53.2% | $655.0M | 44.4% |
| 2024 | $924.5M | +17.5% | $240.7M | 26.0% | $182.3M | 19.7% |
| 2023 | $786.5M | +30.1% | $101.9M | 13.0% | $61.8M | 7.9% |
| 2022 | $604.4M | -18.9% | $26.3M | 4.4% | $-15,700,000 | -2.6% |
| 2021 | $745.5M | +15.9% | $172.5M | 23.1% | $137.3M | 18.4% |
| 2020 | $643.4M | +2.0% | $110.4M | 17.2% | $81.4M | 12.7% |
| 2019 | $630.6M | +4.3% | $18.1M | 2.9% | $-7,900,000 | -1.3% |
| 2018 | $604.5M | +0.0% | $39.2M | 6.5% | $-1,046,600,000 | -173.1% |
| 2017 | $604.4M | -11.6% | $63.1M | 10.4% | $-244,700,000 | -40.5% |
| 2016 | $683.8M | -4.1% | $62.6M | 9.2% | $14.9M | 2.2% |
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Start ComparisonNGD — Frequently Asked Questions
Quick answers to the most common questions about buying NGD stock.
Is NGD's revenue growth accelerating or slowing?
NGD revenue is accelerating at +89.2% year-over-year, exceeding the 5-year CAGR of +18.1%. TTM revenue reached $1.5B. Growth momentum has increased versus prior periods.
What is NGD's long-term revenue growth rate?
New Gold Inc.'s 5-year revenue CAGR of +18.1% reflects the sustained expansion pattern. Current YoY growth of +89.2% is above this long-term average.
How is NGD's revenue distributed by segment?
NGD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.