Royal Gold revenue and financials

RGLD · NASDAQ · USD

$234.35+0.30%+$0.71

Close · October 6, 2026

In the fiscal year ended December 2025, Royal Gold reported revenue of $1.03B (+43.24% year over year). Net income was $466.28M, a net margin of 45.2%.

Annual revenue · 2025: $1.03B

$440.81M2017
$459.04M2018
$423.06M2019
$498.82M2020
$615.86M2021
$653.57M2021
$603.21M2022
$605.72M2023
$719.4M2024
$1.03B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +43.24%; 2025 vs 2024
Net income growth: +40.44%; 2025 vs 2024
Net margin: 45.2%; 2024: 46.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	9,449	9,490	9,538	4,465	3,572	3,458	3,392	3,302	3,269	3,313	3,361	3,397
Current assets	370	412	377	287	342	316	275	202	133	193	167	164
Cash and equivalents	182	234	234	173	248	241	195	128	74.2	138	104	103
Receivables	151	143	113	90.5	78.6	59.1	64.6	60.3	46.0	41.9	51.6	49.0
Inventory	30.5	30.9	25.9	21.0	13.3	14.6	13.0	11.6	10.9	11.4	9.8	9.9
Net property, plant and equipment	8,600	8,539	33.8	4,102	3,142	—	4.3	—	—	—	—	—
Long-term investments	8,961	8,951	9,058	4,102	3,142	3,060	3,043	3,021	3,054	3,038	3,076	3,116
Current liabilities	127	117	121	99.5	76.1	66.8	85.2	86.3	122	77.1	72.4	70.8
Accounts payable	4.6	7.3	10.1	6.0	5.5	2.5	10.6	13.2	13.2	11.6	11.4	8.6
Long-term debt	396	596	895	770	—	—	—	—	—	146	246	321
Total debt	396	596	895	770	—	—	—	—	—	—	—	—
Total liabilities	1,816	2,027	2,332	1,049	253	243	261	251	288	390	460	535
Total equity (incl. minority)	7,634	7,462	7,205	3,417	3,319	3,215	3,131	3,051	2,981	2,923	2,901	2,862
Retained earnings	1,664	1,468	1,227	1,174	1,077	974	890	812	742	687	667	630
Minority interest	46.6	47.1	48.2	10.1	12.0	12.1	12.2	12.3	12.3	12.3	12.4	12.4