Royal Gold, Inc.
RGLD · NASDAQ · royalty and streaming · market cap $22.4B as of 24 Aug 2026
What Royal Gold, Inc.'s own filings say about the ounces it receives and sells, its revenue and cash margin, every figure cited. A royalty and streaming company mines nothing itself, so it states no cost per ounce and this page compares none.
Royal Gold, Inc. share price
- Next report13 Octprior report
Company-reported data · Royalty model
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Royalty model: the ounces this company receives and sells, its revenue and its cash margin are shown as filed; it states no cost per ounce, so none is estimated or compared here.
About Royal Gold, Inc.
Royal Gold acquires and manages precious metal streams, royalties and similar interests, and its principal production stage stream and royalty interests on properties outside of the United States are located in Canada, the Dominican Republic, Chile and Zambia. It does not conduct mining operations on the properties and is generally not required to contribute to their capital, environmental or other operating costs. As of December 31, 2025, it owned stream interests on 23 properties and royalty interests on 341 properties. Its common stock trades on the Nasdaq Global Select Market under the symbol RGLD. It has paid a cash dividend on its common stock since calendar year 2000. At the filing date, it had 39 employees in offices in Denver, Lucerne, Vancouver and Toronto. As of December 31, 2025, five stream and royalty interests were material: Andacollo, Cortez, Kansanshi, Mount Milligan and Pueblo Viejo. It also made an advance payment of $1.0 billion for a gold stream on the Kansanshi copper-gold mine in the North Western Province of Zambia.
Royal Gold's royalty and stream interests
| Interest | Jurisdiction | Status | Source | |
|---|---|---|---|---|
| Andacollo | 100% of the gold produced from the Andacollo copper-gold mine until 900,000 ounces of payable gold have been delivered, and 50% thereafter | Chile, Coquimbo Region | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Cortez | royalty interests | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Cortez: Cortez Pits | 1.6% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Kansanshi | stream interest | North-Western Province of Zambia | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Mount Milligan | the right to purchase 35% of the payable gold and 18.75% of the payable copper | British Columbia | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Pueblo Viejo | the right to purchase 7.5% of Barrick’s interest in the gold produced from the Pueblo Viejo mine until 990,000 ounces of gold have been delivered, and 3.75% thereafter | Sánchez Ramírez, Dominican Republic | Production stage property | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Pipeline | 9.0% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Crossroads | 9.0% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Cortez Hills | 1.6% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Fourmile | 1.6% GSR | Not available | Development projects | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Goldrush | 1.6% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Goldrush SE | 2.3% GSR | Not available | Not available | 10-K (filed 19 Feb 2026); fiscal year 2025 |
| Robertson | 2.6% GSR | Not available | Development projects | 10-K (filed 19 Feb 2026); fiscal year 2025 |
Financials, as filed
Key financials
- Revenue
- $450.5M
- Net income
- $236.4M
- Operating cash flow
- $293.6M
- Cash and equivalents
- $182.5M
- Debt
- $395.9M
- EPS (diluted)
- $2.78
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | FY 2025 | $1,030,471,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Revenue us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | Q2 2026 | $450,539,000 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| Net income us-gaap:NetIncomeLoss | FY 2025 | $466,281,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Net income us-gaap:NetIncomeLoss | Q2 2026 | $236,393,000 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | FY 2025 | $6.70 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | Q2 2026 | $2.78 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | FY 2025 | $6.69 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | Q2 2026 | $2.78 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | FY 2025 | $704,846,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | Q1 2026 | $293,562,000 | SEC XBRL, as filed | 10-Q · 7 May 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | FY 2025 | $233,719,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | Q2 2026 | $182,468,000 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | FY 2025 | $895,436,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Debt us-gaap:LongTermDebtNoncurrent | Q2 2026 | $395,892,000 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | Q2 2026 | 84,727,857 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
| Dividends paid us-gaap:PaymentsOfDividendsCommonStock | FY 2025 | $118,525,000 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Dividends paid us-gaap:PaymentsOfDividendsCommonStock | Q1 2026 | $40,186,000 | SEC XBRL, as filed | 10-Q · 7 May 2026 |
| Dividend per share us-gaap:CommonStockDividendsPerShareDeclared | FY 2025 | $1.82 | SEC XBRL, as filed | 10-K · 19 Feb 2026 |
| Dividend per share us-gaap:CommonStockDividendsPerShareDeclared | Q2 2026 | $0.48 | SEC XBRL, as filed | 10-Q · 6 Aug 2026 |
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | $719,395,000 | $605,717,000 | $603,206,000 | $653,568,000 | $498,819,000 | not available |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | $332,023,000 | $239,440,000 | $238,982,000 | $274,042,000 | $199,343,000 | not available |
| Operating cash flow | not available | $529,503,000 | $415,792,000 | $417,345,000 | $461,869,000 | $340,752,000 | not available |
| Capital expenditure | not available | not available | not available | not available | not available | not available | not available |
| Cash and equivalents | not available | $195,498,000 | $104,167,000 | $118,586,000 | $143,551,000 | $319,128,000 | not available |
| Debt | not available | $0 | $245,967,000 | $571,572,000 | not available | $300,439,000 | not available |
| Dividend per share | not available | $1.65 | $1.52 | $1.42 | $1.25 | $1.11 | not available |
| Source | not available | 10-K · 13 Feb 2025 | 10-K · 15 Feb 2024 | 10-K · 16 Feb 2023 | 10-KT · 17 Feb 202210-K · 16 Feb 2023 | 10-K · 6 Aug 2020 | not available |
- A dash means the SEC filings carry no figure for that year. It is never zero.
Filings
| Date | Source |
|---|---|
| 6 Aug 2026 | 10-Q(6 Aug 2026) |
| 5 Aug 2026 | 8-K(5 Aug 2026) |
| 21 Jul 2026 | 8-K(21 Jul 2026) |
| 26 May 2026 | 8-K(26 May 2026) |
| 7 May 2026 | 10-Q(7 May 2026) |
| 6 May 2026 | 8-K(6 May 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.