NEM Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), NEM reported revenue of $6.1B, gross profit of $4.0B (65.9% gross margin), operating income of $3.1B, and net income of $2.2B (36.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NEM was profitable; revenue grew 10.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +10.8% | +19.5% | +2.6 pp |
Consensus estimate data is not available for this report.
NEM Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6.1B | 100% |
| Cost of Revenue | −$2.1B | 34.1% |
| Gross Profit | $4.0B | 65.9% |
| Research & Development | −$116M | 1.9% |
| Selling, General & Administrative | −$74M | 1.2% |
| Other Operating Expenses | −$744M | 12.2% |
| Operating Income | $3.1B | 50.6% |
| Interest Expense | −$35M | 0.6% |
| Other Income, net | $93M | 1.5% |
| Income Tax Expense | −$952M | 15.6% |
| Net Income | $2.2B | 36.0% |
Source: NEM filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.