Novagold Resources Gross Profit

Novagold Resources posts a gross profit of $-8.3K as of May 2026. That compares with $-22K in the prior-year period — up 62.1% year over year. That is below the Materials sector average of $46B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Novagold Resources's gross profit was $-22K. The latest reading is $-8.3K — a 62.1% year-over-year increase (period ending May 2026). Use the history and growth charts on this page for a longer lookback.

For Materials stocks, a gross profit near $46B is typical. Novagold Resources's $-8.3K is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Novagold Resources's financial statement story. At $-8.3K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NG's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $46B), and (3) consistency with growth and profitability. This page covers the first two; Novagold Resources's other metric pages and overview cover the third.