Royal Gold annual operating expenses
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2025
Royal Gold Operating Expenses Growth & History (RGLD)
Royal Gold's operating expenses was $392.3M for fiscal 2025.
View full Royal Gold company overviewRoyal Gold annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $392.3M | $102.8M | +35.51% |
| 2024 | 2024-12-31 | $289.5M | −$13.0M | −4.30% |
| 2023 | 2023-12-31 | $302.5M | −$17.0M | −5.32% |
| 2022 | 2022-12-31 | $319.5M | −$5.7M | −1.75% |
| 2021 · Dec 31 | 2021-12-31 | $325.2M | — | — |
| 2021 · Jun 30 | 2021-06-30 | $29.3M | −$270.6M | −90.23% |
| 2020 | 2020-06-30 | $299.9M | $17.5M | +6.21% |
| 2019 | 2019-06-30 | $282.3M | −$251.2M | −47.08% |
| 2018 | 2018-06-30 | $533.6M | $238.7M | +80.95% |
| 2017 | 2017-06-30 | $294.9M | $10.9M | +3.83% |
| 2016 | 2016-06-30 | $284.0M | $93.2M | +48.86% |
| 2015 | 2015-06-30 | $190.8M | $62.3M | +48.54% |
| 2014 | 2014-06-30 | $128.4M | $10.4M | +8.80% |
| 2013 | 2013-06-30 | $118.1M | $11.6M | +10.93% |
| 2012 | 2012-06-30 | $106.4M | $8.9M | +9.10% |
| 2011 | 2011-06-30 | $97.5M | $2.0M | +2.11% |
| 2010 | 2010-06-30 | $95.5M | $49.1M | +105.53% |
| 2009 | 2009-06-30 | $46.5M | — | — |
Royal Gold quarterly operating expenses
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.1M | −$56.7M | −83.57% |
| Q1 2026 | 2026-03-31 | $172.0M | $101.7M | +144.63% |
| Q4 2025 | 2025-12-31 | $164.5M | $95.3M | +137.94% |
| Q3 2025 | 2025-09-30 | $89.7M | $14.7M | +19.65% |
| Q2 2025 | 2025-06-30 | $67.8M | −$4.2M | −5.85% |
| Q1 2025 | 2025-03-31 | $70.3M | −$3.1M | −4.16% |
| Q4 2024 | 2024-12-31 | $69.1M | −$3.9M | −5.29% |
| Q3 2024 | 2024-09-30 | $75.0M | $1.9M | +2.65% |
| Q2 2024 | 2024-06-30 | $72.0M | −$133,000 | −0.18% |
| Q1 2024 | 2024-03-31 | $73.4M | −$11.0M | −13.00% |
| Q4 2023 | 2023-12-31 | $73.0M | −$16.6M | −18.49% |
| Q3 2023 | 2023-09-30 | $73.1M | $3.4M | +4.88% |
| Q2 2023 | 2023-06-30 | $72.1M | −$6.4M | −8.14% |
| Q1 2023 | 2023-03-31 | $84.3M | $2.6M | +3.13% |
| Q4 2022 | 2022-12-31 | $89.5M | $5.0M | +5.87% |
| Q3 2022 | 2022-09-30 | $69.7M | −$17.4M | −19.96% |
| Q2 2022 | 2022-06-30 | $78.5M | −$3.5M | −4.29% |
| Q1 2022 · Mar 31 | 2022-03-31 | $81.8M | $10.2M | +14.33% |
| Q4 2021 | 2021-12-31 | $84.6M | $3.6M | +4.41% |
| Q1 2022 · Sep 30 | 2021-09-30 | $87.0M | — | — |
| Q4 2021 | 2021-06-30 | $82.1M | $6.7M | +8.85% |
| Q3 2021 | 2021-03-31 | $71.5M | −$12.6M | −15.00% |
| Q2 2021 | 2020-12-31 | $81.0M | $10.7M | +15.15% |
| Q4 2020 | 2020-06-30 | $75.4M | $419,000 | +0.56% |
| Q3 2020 | 2020-03-31 | $84.2M | $17.6M | +26.40% |
| Q2 2020 | 2019-12-31 | $70.3M | $4.2M | +6.34% |
| Q1 2020 | 2019-09-30 | $70.0M | −$4.7M | −6.25% |
| Q4 2019 | 2019-06-30 | $75.0M | −$5.0M | −6.27% |
| Q3 2019 | 2019-03-31 | $66.6M | −$242.9M | −78.49% |
| Q2 2019 | 2018-12-31 | $66.1M | −$7.2M | −9.87% |
| Q1 2019 | 2018-09-30 | $74.7M | $3.9M | +5.52% |
| Q4 2018 | 2018-06-30 | $80.0M | −$61.9M | −43.63% |
| Q3 2018 | 2018-03-31 | $309.4M | $260.8M | +536.70% |
| Q2 2018 | 2017-12-31 | $73.4M | $23.4M | +46.84% |
| Q1 2018 | 2017-09-30 | $70.8M | $16.4M | +30.08% |
| Q4 2017 | 2017-06-30 | $141.9M | $106.8M | +303.96% |
| Q3 2017 | 2017-03-31 | $48.6M | −$99.0M | −67.08% |
| Q2 2017 | 2016-12-31 | $50.0M | $1.6M | +3.32% |
| Q1 2017 | 2016-09-30 | $54.4M | $1.5M | +2.88% |
| Q4 2016 | 2016-06-30 | $35.1M | −$10.9M | −23.66% |
| Q3 2016 | 2016-03-31 | $147.6M | $105.7M | +251.82% |
| Q2 2016 | 2015-12-31 | $48.4M | −$15.0M | −23.61% |
| Q1 2016 | 2015-09-30 | $52.9M | $13.4M | +33.89% |
| Q4 2015 | 2015-06-30 | $46.0M | $7.3M | +18.92% |
| Q3 2015 | 2015-03-31 | $42.0M | $12.8M | +44.02% |
| Q2 2015 | 2014-12-31 | $63.3M | $33.5M | +112.01% |
| Q1 2015 | 2014-09-30 | $39.5M | $8.7M | +28.42% |
| Q4 2014 | 2014-06-30 | $38.7M | $11.3M | +41.19% |
| Q3 2014 | 2014-03-31 | $29.1M | −$2.1M | −6.72% |
| Q2 2014 | 2013-12-31 | $29.9M | $664,000 | +2.27% |
| Q1 2014 | 2013-09-30 | $30.7M | $533,000 | +1.76% |
| Q4 2013 | 2013-06-30 | $27.4M | $4.1M | +17.83% |
| Q3 2013 | 2013-03-31 | $31.2M | $4.5M | +16.78% |
| Q2 2013 | 2012-12-31 | $29.2M | −$217,000 | −0.74% |
| Q1 2013 | 2012-09-30 | $30.2M | $3.2M | +11.92% |
| Q4 2012 | 2012-06-30 | $23.3M | −$1.4M | −5.60% |
| Q3 2012 | 2012-03-31 | $26.7M | $3.1M | +13.00% |
| Q2 2012 | 2011-12-31 | $29.4M | $4.7M | +19.06% |
| Q1 2012 | 2011-09-30 | $27.0M | $2.5M | +10.07% |
| Q4 2011 | 2011-06-30 | $24.6M | $277,000 | +1.14% |
| Q3 2011 | 2011-03-31 | $23.7M | −$12.6M | −34.75% |
| Q2 2011 | 2010-12-31 | $24.7M | $5.2M | +26.48% |
| Q1 2011 | 2010-09-30 | $24.5M | $9.2M | +59.70% |
| Q4 2010 | 2010-06-30 | $24.4M | — | — |
| Q3 2010 | 2010-03-31 | $36.3M | — | — |
| Q2 2010 | 2009-12-31 | $19.5M | — | — |
| Q1 2010 | 2009-09-30 | $15.4M | — | — |
Royal Gold operating expenses trends
Between the periods ended 2009-06-30 and 2025-12-31, Royal Gold's operating expenses increased from $46.5M to $392.3M, a change of $345.8M. The latest reported quarter, Q2 2026, shows $11.1M.
About the metric
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.
Calculation and source
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.
Review Royal Gold source filings ↗