Gold Royalty (GROY-WT) Operating Expenses (2020 - 2026)
Gold Royalty (GROY-WT) reported Operating Expenses of -$2.1 million for Q1 2026, down 16.81% on a YoY basis from -$2.5 million in Q1 2025, and down 116.43% quarter-over-quarter from $12.8 million in Q4 2025.
Gold Royalty (GROY-WT) Operating Expenses (2020 - 2026) Analysis & Trends
Gold Royalty has reported Operating Expenses for 7 years, with the latest figure at -$2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 16.81% year-over-year to -$2.1 million; the trailing twelve-month figure through Mar 2026 stood at $7.2 million (down 18.02% YoY), and the FY2025 full-year result was $7.5 million, down 10.21% from the prior year.
- Operating Expenses for Q1 2026 stood at -$2.1 million, down from $12.8 million in the prior quarter.
- The five-year high for Operating Expenses was $14.2 million in Q4 2024, with the low at -$3.7 million in Q3 2022.
- Historically, Operating Expenses has averaged -$255882.4 across 5 years, with a median of -$1.8 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 5177.42% — and 2024, when it jumped 802.33%.
- Gold Royalty's Operating Expenses stood at -$2.9 million in 2022, then surged by 31.39% to -$2.0 million in 2023, then jumped by 802.33% to $14.2 million in 2024, then dropped by 9.54% to $12.8 million in 2025, then plunged by 116.43% to -$2.1 million in 2026.
- The last three Operating Expenses figures came in at -$2.1 million (Q1 2026), $12.8 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Gold Royalty | - | - | 5.50 Mn | -2.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.11 Mn |
| Dec 31, 2025 | 12.81 Mn |
| Sep 30, 2025 | -1.71 Mn |
| Jun 30, 2025 | -1.82 Mn |
| Mar 31, 2025 | -1.80 Mn |
| Dec 31, 2024 | 14.17 Mn |
| Sep 30, 2024 | -1.96 Mn |
| Jun 30, 2024 | -1.64 Mn |
| Mar 31, 2024 | -2.24 Mn |
| Dec 31, 2023 | -2.02 Mn |
| Sep 30, 2023 | -1.64 Mn |
| Jun 30, 2023 | -1.82 Mn |
| Mar 31, 2023 | -3.27 Mn |
| Dec 31, 2022 | -2.94 Mn |
| Sep 30, 2022 | -3.68 Mn |
| Jun 30, 2022 | -2.62 Mn |
| Mar 31, 2022 | -62,000.00 |
| Dec 31, 2021 | 223,000.00 |
| Jun 30, 2021 | -1.20 Mn |
| Mar 31, 2021 | 289,573.00 |