Gold Royalty GROY
NYSE GROY
$3.29 +0.01 (+0.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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