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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 447 | 466 | 373 | 250 | 207 | 192 | 200 | 192 | 173 | 147 | 150 | 137 |
| Cost of revenue | 60.1 | 60.3 | 50.8 | 31.4 | 24.2 | 24.5 | 24.4 | 27.2 | 24.2 | 21.8 | 20.8 | 21.4 |
| Gross profit | 387 | 405 | 322 | 218 | 183 | 167 | 176 | 165 | 148 | 126 | 130 | 116 |
| Selling, general and administrative | 13.4 | 17.5 | 17.6 | 10.2 | 10.3 | 11.1 | 8.9 | 10.1 | 10.5 | 11.4 | 9.7 | 9.9 |
| Operating income | 277 | 297 | 225 | 175 | 142 | 123 | 133 | 119 | 102 | 75.5 | 79.7 | 65.6 |
| EBIT | 277 | 297 | 225 | 175 | 142 | 123 | 133 | 119 | 102 | 75.5 | 79.7 | 65.6 |
| EBITDA | 374 | 388 | 305 | 208 | 173 | 156 | 167 | 155 | 138 | 114 | 120 | 106 |
| Interest expense | 6.1 | 13.2 | 14.7 | 8.1 | 0.4 | 1.2 | 0.2 | 0.4 | 2.5 | 4.6 | 5.4 | 6.7 |
| Pre-tax income | 296 | 307 | 146 | 161 | 143 | 124 | 134 | 118 | 100 | 74.3 | 76.3 | 60.3 |
| Income tax | 58.2 | 25.4 | 52.7 | 28.7 | 10.5 | 10.4 | 26.1 | 21.5 | 19.0 | 27.0 | 13.4 | 10.8 |
| Net income | 236 | 281 | 93.6 | 127 | 132 | 113 | 107 | 96.2 | 81.2 | 47.2 | 62.8 | 49.3 |
| Net income to common shareholders | 236 | 281 | 93.6 | 127 | 132 | 113 | 107 | 96.2 | 81.2 | 47.2 | 62.8 | 49.3 |
| Basic EPS | 2.79 | 3.32 | 1.16 | 1.93 | 2.01 | 1.73 | 1.64 | 1.47 | 1.24 | 0.72 | 0.96 | 0.75 |
| Diluted EPS | 2.78 | 3.30 | 1.16 | 1.92 | 2.01 | 1.72 | 1.63 | 1.46 | 1.23 | 0.72 | 0.95 | 0.75 |
| Average shares (basic) | 84.8 | 84.7 | 80.4 | 65.8 | 65.7 | 65.7 | 65.7 | 65.7 | 65.7 | 65.6 | 65.6 | 65.6 |
| Average shares (diluted) | 85.1 | 85.0 | 80.7 | 65.8 | 65.8 | 65.8 | 65.8 | 65.8 | 65.8 | 65.7 | 65.7 | 65.8 |
| Dividend per share | — | 0.48 | 0.48 | 0.48 | 0.45 | 0.45 | 0.45 | 0.45 | 0.40 | 0.40 | 0.40 | 0.40 |