Gold Royalty Operating Expenses Growth & History (GROY)
Gold Royalty's operating expenses was $10.4M for fiscal 2025.
View full Gold Royalty company overviewGold Royalty annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.4M | −$305,000 | −2.85% |
| 2024 | 2024-12-31 | $10.7M | −$22.4M | −67.66% |
| 2023 | 2023-12-31 | $33.1M | — | — |
| 2022 | 2022-09-30 | $23.6M | $11.0M | +87.50% |
| 2021 | 2021-09-30 | $12.6M | — | — |
Gold Royalty quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.8M | $313,000 | +12.57% |
| Q1 2026 | 2026-03-31 | $2.9M | — | — |
| Q4 2025 | 2025-12-31 | $2.9M | — | — |
| Q3 2025 | 2025-09-30 | $2.4M | — | — |
| Q2 2025 | 2025-06-30 | $2.5M | — | — |
| Q1 2023 | 2022-12-31 | $4.0M | — | — |
Gold Royalty operating expenses trends
Between the periods ended 2021-09-30 and 2025-12-31, Gold Royalty's operating expenses decreased from $12.6M to $10.4M, a change of −$2.2M. The latest reported quarter, Q2 2026, shows $2.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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