Gold Royalty (GROY-WT) Gross Margin (2021 - 2026)
Gold Royalty's (GROY-WT) quarterly Gross Margin came in at 76.57% in Q1 2026, down 1591.0% YoY from 5.14% in Q1 2025, and up 16.0% on a QoQ basis from 66.01% in Q4 2025.
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Gold Royalty (GROY-WT) Gross Margin (2021 - 2026) Analysis & Trends
Gold Royalty (GROY-WT) has 6 years of Gross Margin data on file, last reported at 76.57% in Q1 2026.
- Quarterly Gross Margin fell 1591.0% year-over-year to 76.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 73.92% (up 473.0% YoY) and the FY2025 annual result came in at 76.44%, up 1080.0% from the prior year.
- Gross Margin rose to 76.57% in Q1 2026, from 66.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 92.48% in Q1 2025 to a low of 23.51% in Q1 2022.
- A 5-year average of 65.57% and a median of 70.44% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 6123 bps — and 2024, when it slumped 3627 bps.
- Tracing GROY-WT's Gross Margin over 5 years: stood at 62.89% in 2022, then gained by 20 bps to 75.49% in 2023, then plunged by 48 bps to 39.23% in 2024, then jumped by 68 bps to 66.01% in 2025, then gained by 16 bps to 76.57% in 2026.
- The last three Gross Margin figures came in at 76.57% (Q1 2026), 66.01% (Q4 2025), and 70.44% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 138.51 Bn | 129.50 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 103.61 Bn | 100.14 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 77.99 Bn | 72.07 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 71.10 Bn | 71.00 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 56.20 Bn | 53.25 Bn | 1.70 Bn | 54.86% |
| 6 | Franco Nevada | 51.98 Bn | 50.44 Bn | 451.00 Mn | 77.64% |
| 7 | Gold Fields | 42.92 Bn | 41.14 Bn | - | - |
| 8 | Royal Gold | 22.46 Bn | 22.28 Bn | 390.45 Mn | 86.66% |
| 9 | Coeur Mining | 22.24 Bn | 21.19 Bn | 535.85 Mn | 49.36% |
| 10 | Gold Royalty | 239.73 Mn | 225.60 Mn | 4.67 Mn | 69.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.31% |
| Mar 31, 2026 | 76.57% |
| Dec 31, 2025 | 66.01% |
| Sep 30, 2025 | 70.44% |
| Jun 30, 2025 | 82.06% |
| Mar 31, 2025 | 92.48% |
| Dec 31, 2024 | 39.23% |
| Sep 30, 2024 | 76.31% |
| Jun 30, 2024 | 76.31% |
| Mar 31, 2024 | 82.03% |
| Dec 31, 2023 | 75.49% |
| Sep 30, 2023 | 53.20% |
| Jun 30, 2023 | 56.41% |
| Mar 31, 2023 | 84.75% |
| Dec 31, 2022 | 62.89% |
| Sep 30, 2022 | 56.93% |
| Jun 30, 2022 | 40.08% |
| Mar 31, 2022 | 23.51% |
| Dec 31, 2021 | 46.15% |