Gold Royalty (GROY) Gross Margin (2021 - 2026)

Gold Royalty (GROY) posted Gross Margin of 76.57% for Q1 2026, up 16.0% quarter-over-quarter from 66.01% in Q4 2025, and down 1591.0% year-on-year from 5.14% in Q1 2025.

Gold Royalty (GROY) Gross Margin (2021 - 2026) Analysis & Trends

Gold Royalty (GROY) has reported Gross Margin for 6 consecutive years, with 76.57% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 76.57%, down 1591.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 73.92% (up 473.0% YoY), and the FY2025 annual result was 76.44%, up 1080.0% from the prior year.
  • Gross Margin was 76.57% for Q1 2026 at Gold Royalty, up from 66.01% in the prior quarter.
  • Over five years, Gross Margin peaked at 106.47% in Q3 2022 and troughed at 23.51% in Q1 2022.
  • Average Gross Margin over 5 years is 68.81%, with a median of 75.49% recorded in 2023.
  • The widest YoY moves for Gross Margin: up 6123 bps in 2023, down 5327 bps in 2023.
  • Over 5 years, Gross Margin stood at 62.89% in 2022, then grew by 20 bps to 75.49% in 2023, then tumbled by 48 bps to 39.23% in 2024, then jumped by 68 bps to 66.01% in 2025, then grew by 16 bps to 76.57% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 76.57% in Q1 2026, 66.01% in Q4 2025, and 70.44% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 59.77%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 61.79%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 99.74%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 86.39%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 77.58%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 54.68%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 80.88%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 59.87%
10 Gold Royalty - - 5.50 Mn 76.57%

Historic Data

Download Data
DateValue
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 106.47%
Jun 30, 2022 45.62%
Mar 31, 2022 23.51%
Dec 31, 2021 46.15%