Royal Gold revenue and financials
$234.35Change from previous close: +0.30%Absolute change: +$0.71
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%.
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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 335 | 294 | 242 | 174 | 153 | 136 | 141 | 137 | 114 | 138 | 101 | 98.1 |
| Depreciation and amortization | 96.2 | 90.9 | 80.0 | 32.9 | 31.2 | 33.0 | 33.7 | 36.2 | 35.7 | 38.8 | 40.1 | 40.1 |
| Capital expenditure | -50.0 | — | -0.3 | -994 | -113 | -58.2 | -46.9 | -3.4 | -51.2 | -1.1 | — | -0.0 |
| Investing cash flow | -117 | 34.1 | -262 | -986 | -113 | -58.3 | -46.9 | -3.4 | -50.9 | 23.6 | -0.0 | -0.0 |
| Financing cash flow | -270 | -327 | 80.8 | 737 | -32.6 | -32.8 | -26.5 | -79.6 | -126 | -128 | -99.8 | -101 |
| Dividends paid | -40.3 | -40.2 | -29.6 | -29.6 | -29.6 | -29.6 | -26.3 | -26.3 | -26.3 | -26.3 | -24.6 | -24.6 |
| Share repurchases | -30.0 | -5.6 | -0.2 | -0.4 | -1.5 | — | — | — | — | — | — | — |
| Debt issued | — | — | 450 | 825 | — | — | — | — | — | — | — | — |
| Debt repaid | -200 | -300 | -325 | -50.0 | 0.0 | — | — | -50.0 | -100 | -100 | -75.0 | -75.0 |
| Net change in cash | -51.7 | 0.4 | 60.9 | -75.3 | 7.4 | 45.3 | 67.6 | 53.7 | -63.7 | 33.8 | 1.3 | -3.3 |
| Free cash flow | 285 | 294 | 241 | -820 | 40.1 | 78.1 | 94.2 | 133 | 62.4 | 137 | 101 | 98.1 |
| Levered free cash flow | 219 | 238 | 202 | -851 | 0.8 | 40.8 | 65.0 | 109 | 41.2 | 97.9 | 88.1 | 85.7 |