Gold Royalty (GROY) Operating Expenses (2020 - 2026)
Gold Royalty's (GROY) quarterly Operating Expenses came in at -$3.8 million in Q2 2026, down 68.75% on a YoY basis from -$12.2 million in Q2 2025, and down 180.71% quarter-over-quarter from -$1.4 million in Q1 2026.
Analysis
Gold Royalty (GROY) Operating Expenses (2020 - 2026) Analysis & Trends
Gold Royalty (GROY) has reported Operating Expenses for 7 consecutive years, with -$3.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 68.75% year-over-year to -$3.8 million; the trailing twelve-month figure through Jun 2026 stood at -$7.5 million (down 59.17% YoY), and the FY2025 full-year result was $487000.0, down 3.18% from the prior year.
- Operating Expenses fell to -$3.8 million in Q2 2026 per GROY's latest filing, from -$1.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $250000.0 in Q4 2025 and bottomed at -$15.8 million in Q3 2022.
- Historically, Operating Expenses has averaged -$2.9 million across 5 years, with a median of -$2.3 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 792.86% in 2025, then slumped 4426.67% in 2026.
- Over 5 years, Operating Expenses stood at -$2.9 million in 2022, then jumped by 31.39% to -$2.0 million in 2023, then jumped by 101.39% to $28000.0 in 2024, then surged by 792.86% to $250000.0 in 2025, then plunged by 1624.8% to -$3.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$3.8 million, -$1.4 million, and $250000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.58 Bn | 43.58 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 26.96 Bn | 26.12 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 22.24 Bn | 22.06 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.98 Bn | 6.90 Bn | 82.22 Mn | -19.41 Mn |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | 304.97 Mn |
| 6 | Atlanticus Holdings | 1.41 Bn | 850.41 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.20 Bn | 1.18 Bn | - | 95.35 Mn |
| 8 | Upbound | 1.06 Bn | 956.16 Mn | 594.84 Mn | 540.58 Mn |
| 9 | Lufax Holding | 1.05 Bn | -1.58 Bn | - | -1.02 Bn |
| 10 | Gold Royalty | 576.58 Mn | 562.45 Mn | 4.67 Mn | -3.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.81 Mn |
| Mar 31, 2026 | -1.36 Mn |
| Dec 31, 2025 | 250,000.00 |
| Sep 30, 2025 | -2.59 Mn |
| Jun 30, 2025 | -2.26 Mn |
| Mar 31, 2025 | -30,000.00 |
| Dec 31, 2024 | 28,000.00 |
| Sep 30, 2024 | -2.46 Mn |
| Jun 30, 2024 | -1.66 Mn |
| Mar 31, 2024 | -2.26 Mn |
| Dec 31, 2023 | -2.02 Mn |
| Sep 30, 2023 | -2.20 Mn |
| Jun 30, 2023 | -1.82 Mn |
| Mar 31, 2023 | -2.52 Mn |
| Dec 31, 2022 | -2.94 Mn |
| Sep 30, 2022 | -15.82 Mn |
| Jun 30, 2022 | -6.38 Mn |
| Mar 31, 2022 | -3.16 Mn |
| Dec 31, 2021 | -3.59 Mn |
| Sep 30, 2021 | -8.31 Mn |