The Filings Report

Royal Gold Inc

RGLDNasdaqCIK 85535Energy / Oil & Gas Royaltyfiscal year ends December68 quarters since 2009

Revenue, Q2 FY2026
$451M
+114.9% on Q2 FY2025
Net income
$236M
+78.6% on Q2 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$2.78
+38.3% on Q2 FY2025
Revenue, TTM
$1.5B
trailing four quarters
Net margin, TTM
47.7%
net income $738M
Free cash flow, TTM
—
Cash and equivalents
$182M
long-term debt $396M, Jun 30, 2026
Shares, 12-month change
+28.7%
85M shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
$140M
0.7% of market value
Market value
$19.4B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 6, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Royal Gold Inc reported revenue of $451M, +114.9% on Q2 FY2025, and net income of $236M (+78.6%). Operating margin was 62.1%. Diluted earnings per share were $2.78.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 6, 2026.

Revenue and net incomeRevenueNet income
$0$200M$400M$600MQ3'22, Revenue: $131MQ3'22, Net income: $46MQ3'22Q4'22, Revenue: $163MQ4'22, Net income: $56MQ4'22Q1'23, Revenue: $170MQ1'23, Net income: $64MQ1'23Q2'23, Revenue: $144MQ2'23, Net income: $63MQ2'23Q3'23, Revenue: $139MQ3'23, Net income: $49MQ3'23Q4'23, Revenue: $153MQ4'23, Net income: $63MQ4'23Q1'24, Revenue: $149MQ1'24, Net income: $47MQ1'24Q2'24, Revenue: $174MQ2'24, Net income: $81MQ2'24Q3'24, Revenue: $194MQ3'24, Net income: $96MQ3'24Q4'24, Revenue: $203MQ4'24, Net income: $107MQ4'24Q1'25, Revenue: $193MQ1'25, Net income: $113MQ1'25Q2'25, Revenue: $210MQ2'25, Net income: $132MQ2'25Q3'25, Revenue: $252MQ3'25, Net income: $127MQ3'25Q4'25, Revenue: $375MQ4'25, Net income: $94MQ4'25Q1'26, Revenue: $469MQ1'26, Net income: $281MQ1'26Q2'26, Revenue: $451MQ2'26, Net income: $236MQ2'26$0$200M$400M$600MQ3'22, Revenue: $131MQ3'22, Net income: $46MQ4'22, Revenue: $163MQ4'22, Net income: $56MQ4'22Q1'23, Revenue: $170MQ1'23, Net income: $64MQ2'23, Revenue: $144MQ2'23, Net income: $63MQ2'23Q3'23, Revenue: $139MQ3'23, Net income: $49MQ4'23, Revenue: $153MQ4'23, Net income: $63MQ4'23Q1'24, Revenue: $149MQ1'24, Net income: $47MQ2'24, Revenue: $174MQ2'24, Net income: $81MQ2'24Q3'24, Revenue: $194MQ3'24, Net income: $96MQ4'24, Revenue: $203MQ4'24, Net income: $107MQ4'24Q1'25, Revenue: $193MQ1'25, Net income: $113MQ2'25, Revenue: $210MQ2'25, Net income: $132MQ2'25Q3'25, Revenue: $252MQ3'25, Net income: $127MQ4'25, Revenue: $375MQ4'25, Net income: $94MQ4'25Q1'26, Revenue: $469MQ1'26, Net income: $281MQ2'26, Revenue: $451MQ2'26, Net income: $236MQ2'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$250M$500M$750M$1.0BQ3'22, Cash and equivalents: $122MQ3'22, Long-term debt: $446MQ3'22Q4'22, Cash and equivalents: $119MQ4'22, Long-term debt: $572MQ4'22Q1'23, Cash and equivalents: $127MQ1'23, Long-term debt: $497MQ1'23Q2'23, Cash and equivalents: $106MQ2'23, Long-term debt: $396MQ2'23Q3'23, Cash and equivalents: $103MQ3'23, Long-term debt: $321MQ3'23Q4'23, Cash and equivalents: $104MQ4'23, Long-term debt: $246MQ4'23Q1'24, Cash and equivalents: $138MQ1'24, Long-term debt: $146MQ1'24Q2'24, Cash and equivalents: $74MQ2'24, Long-term debt: $0Q2'24Q3'24, Cash and equivalents: $128MQ3'24, Long-term debt: $0Q3'24Q4'24, Cash and equivalents: $195MQ4'24, Long-term debt: $0Q4'24Q1'25, Cash and equivalents: $241MQ1'25Q2'25, Cash and equivalents: $248MQ2'25Q3'25, Cash and equivalents: $173MQ3'25, Long-term debt: $770MQ3'25Q4'25, Cash and equivalents: $234MQ4'25, Long-term debt: $895MQ4'25Q1'26, Cash and equivalents: $234MQ1'26, Long-term debt: $596MQ1'26Q2'26, Cash and equivalents: $182MQ2'26, Long-term debt: $396MQ2'26$0$250M$500M$750M$1.0BQ3'22, Cash and equivalents: $122MQ3'22, Long-term debt: $446MQ4'22, Cash and equivalents: $119MQ4'22, Long-term debt: $572MQ4'22Q1'23, Cash and equivalents: $127MQ1'23, Long-term debt: $497MQ2'23, Cash and equivalents: $106MQ2'23, Long-term debt: $396MQ2'23Q3'23, Cash and equivalents: $103MQ3'23, Long-term debt: $321MQ4'23, Cash and equivalents: $104MQ4'23, Long-term debt: $246MQ4'23Q1'24, Cash and equivalents: $138MQ1'24, Long-term debt: $146MQ2'24, Cash and equivalents: $74MQ2'24, Long-term debt: $0Q2'24Q3'24, Cash and equivalents: $128MQ3'24, Long-term debt: $0Q4'24, Cash and equivalents: $195MQ4'24, Long-term debt: $0Q4'24Q1'25, Cash and equivalents: $241MQ2'25, Cash and equivalents: $248MQ2'25Q3'25, Cash and equivalents: $173MQ3'25, Long-term debt: $770MQ4'25, Cash and equivalents: $234MQ4'25, Long-term debt: $895MQ4'25Q1'26, Cash and equivalents: $234MQ1'26, Long-term debt: $596MQ2'26, Cash and equivalents: $182MQ2'26, Long-term debt: $396MQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

Royal Gold Inc income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue451469375252210193203194+114.9%
Cost of revenue—————————
Gross profit291315242185152134142129+91.3%
Research and development—————————
Selling, general and administrative131818101011910+30.9%
Operating income280297211162142123133119+97.4%
Other income (expense)—————————
Pretax income296307146161143124134118+106.8%
Income tax5825532911102622+452.7%
Net income2362819412713211310796+78.6%
Diluted EPS ($)2.783.30—1.922.011.72—1.46+38.3%
Diluted shares (millions)8585—666666—66—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

Royal Gold Inc balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents182234234173248241195128−26.5%
Short-term investments—————————
Total current assets370412377287342316275202+8.2%
Total assets9,4499,4909,5384,4653,5723,4583,3923,302+164.5%
Total current liabilities12711712110076678586+66.3%
Long-term debt396596895770——00—
Total liabilities1,8162,0272,3321,049253243261251+616.3%
Stockholders’ equity7,5877,4157,1573,4063,3073,2033,1193,039+129.4%
Shares outstanding (millions)8585858466666666—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 6, 2026.

Royal Gold Inc cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 6, 2026Q1 FY2026ended Mar 31, 2026filed May 7, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 30, 2025filed Nov 6, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025Q3 FY2024ended Sep 30, 2024filed Nov 7, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow335294242174153136141137+119.3%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization9691803331333436+208.8%
Share repurchases30————————
Dividends paid4040303030302626+36.1%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 19, 2026.

Income statement

Royal Gold Inc income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed May 5, 2022FY2020ended Dec 31, 2020filed Feb 4, 2021FY2019ended Dec 31, 2019filed Feb 6, 2020FY2018ended Dec 31, 2018filed Feb 7, 2019FY2017ended Dec 31, 2017filed Feb 8, 2018FY2016ended Dec 31, 2016filed Feb 2, 2017FY2015ended Dec 31, 2015filed Feb 4, 2016FY2014ended Dec 31, 2014filed Jan 29, 2015FY2013ended Dec 31, 2013filed Jan 30, 2014FY2012ended Dec 31, 2012filed Jan 31, 2013FY2011ended Dec 31, 2011filed Feb 2, 2012FY2010ended Dec 31, 2010filed Feb 4, 2011
Revenue1,030719606603654———————————
Cost of revenue————————————————
Gross profit714471343323————————————
Research and development————————————————
Selling, general and administrative4941403529———————————
Operating income638430303284328———————————
Other income (expense)————————————————
Pretax income574426282273328———————————
Income tax10294423353———————————
Net income466332239239274———————————
Diluted EPS ($)6.695.043.633.634.17———————————
Diluted shares (millions)7066666666———————————

Balance sheet

Royal Gold Inc balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed May 5, 2022FY2020ended Dec 31, 2020filed Feb 4, 2021FY2019ended Dec 31, 2019filed Feb 6, 2020FY2018ended Dec 31, 2018filed Feb 7, 2019FY2017ended Dec 31, 2017filed Feb 8, 2018FY2016ended Dec 31, 2016filed Feb 2, 2017FY2015ended Dec 31, 2015filed Feb 4, 2016FY2014ended Dec 31, 2014filed Jan 29, 2015FY2013ended Dec 31, 2013filed Jan 30, 2014FY2012ended Dec 31, 2012filed Jan 31, 2013FY2011ended Dec 31, 2011filed Feb 2, 2012FY2010ended Dec 31, 2010filed Feb 4, 2011
Cash and equivalents2341951041191443828115798841186756596819671
Short-term investments————————————————
Total current assets377275167186216450136204165136163752729781166128
Total assets9,5383,3923,3613,5352,7572,7642,5552,6753,0293,1603,2232,8632,8892,8871,9941,864
Total current liabilities121857264615744374222211924193038
Long-term debt8950246572—196130359493677677317307298273—
Total liabilities2,332261460781156359307528730850861505520514479409
Stockholders’ equity7,1573,1192,8882,7412,5892,3922,2162,1122,2582,2602,3012,3412,3482,3481,4901,427
Shares outstanding (millions)8566666666666666656562——645954

Cash flow statement

Royal Gold Inc cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed Feb 15, 2024FY2022ended Dec 31, 2022filed Feb 16, 2023FY2021ended Dec 31, 2021filed May 5, 2022FY2020ended Dec 31, 2020filed Feb 4, 2021FY2019ended Dec 31, 2019filed Feb 6, 2020FY2018ended Dec 31, 2018filed Feb 7, 2019FY2017ended Dec 31, 2017filed Feb 8, 2018FY2016ended Dec 31, 2016filed Feb 2, 2017FY2015ended Dec 31, 2015filed Feb 4, 2016FY2014ended Dec 31, 2014filed Jan 29, 2015FY2013ended Dec 31, 2013filed Jan 30, 2014FY2012ended Dec 31, 2012filed Jan 31, 2013FY2011ended Dec 31, 2011filed Feb 2, 2012FY2010ended Dec 31, 2010filed Feb 4, 2011
Operating cash flow705530416417462———————————
Capital expenditures————————————————
Free cash flow (CFO − capex)————————————————
Depreciation and amortization177144165179189———————————
Share repurchases————————————————
Dividends paid119105999279———————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$3M
12 sales by 2 insiders; officers and directors $3M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$6M
27 sales by 7 insiders; officers and directors $6M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1120$230.22$28K61,471Oct 6, 2026
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1160$231.62$37K61,311Oct 6, 2026
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1280$233.10$65K61,031Oct 6, 2026
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1841$234.17$197K60,190Oct 6, 2026
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1983$235.05$231K59,207Oct 6, 2026
Oct 5, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-141$235.84$10K59,166Oct 6, 2026
Sep 14, 2026Raffield MartinSVP, Operationstax withholding27$248.34$7K10,996Sep 15, 2026
Sep 11, 2026Raffield MartinSVP, Operationsgift40$0.00—11,023Sep 11, 2026
Sep 3, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-157$259.98$15K124,740Sep 8, 2026
Sep 3, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-11,608$261.31$420K123,132Sep 8, 2026
Sep 3, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-1877$262.31$230K122,255Sep 8, 2026
Sep 3, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-11,173$263.53$309K121,082Sep 8, 2026
Sep 3, 2026Heissenbuttel William HolmesPresident & CEO, Directoropen-market sale10b5-13,560$264.59$942K117,522Sep 8, 2026
Aug 28, 2026Shefman RandySVP & General Counselopen-market sale500$262.80$131K8,082Aug 28, 2026
Jun 16, 2026Shefman RandySVP & General Counselopen-market sale500$215.85$108K8,582Jun 16, 2026
May 11, 2026Shefman RandySVP & General Counselopen-market sale1,000$243.74$244K9,082May 11, 2026
Mar 12, 2026Isto MarkDirectoropen-market sale2,000$274.83$550K20,043Mar 12, 2026
Mar 11, 2026Crandall David RVP, Corporate Secretary & CCOgift150$0.00—4,282Mar 11, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-1100$284.41$28K16,967Mar 4, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-11,000$285.84$286K15,967Mar 4, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-1500$283.66$142K17,067Mar 4, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-1700$281.42$197K18,267Mar 4, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-1700$282.82$198K17,567Mar 4, 2026
Mar 4, 2026Libner PaulSVP & CFOopen-market sale10b5-1200$280.20$56K18,967Mar 4, 2026
Mar 2, 2026Shefman RandySVP & General Counseltax withholding309$304.29$94K10,082Mar 2, 2026

Full insider history for Royal Gold Inc, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Royal Gold, Inc, CIK 85535 on EDGAR
Extract generated
November 1, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: cfo FY2021
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNet
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: not filed
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/RGLD.json