Gold Royalty (GROY) Operating Expenses (2020 - 2026)
Gold Royalty's (GROY) quarterly Operating Expenses came in at -$1.4 million in Q1 2026, up 28.97% YoY from -$1.1 million in Q1 2025, and down 643.2% on a QoQ basis from $250000.0 in Q4 2025.
Gold Royalty (GROY) Operating Expenses (2020 - 2026) Analysis & Trends
Gold Royalty (GROY) has 7 years of Operating Expenses data on file, last reported at -$1.4 million in Q1 2026.
- Quarterly Operating Expenses rose 28.97% year-over-year to -$1.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.0 million (down 29.88% YoY) and the FY2025 annual result came in at $487000.0, down 3.18% from the prior year.
- Operating Expenses slipped to -$1.4 million in Q1 2026, from $250000.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $250000.0 in Q4 2025 to a low of -$15.8 million in Q3 2022.
- A 5-year average of -$3.0 million and a median of -$2.3 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 27131.22% — and 2025, when it soared 792.86%.
- Tracing GROY's Operating Expenses over 5 years: stood at -$2.9 million in 2022, then surged by 31.39% to -$2.0 million in 2023, then surged by 101.39% to $28000.0 in 2024, then soared by 792.86% to $250000.0 in 2025, then tumbled by 643.2% to -$1.4 million in 2026.
- The last three Operating Expenses figures came in at -$1.4 million (Q1 2026), $250000.0 (Q4 2025), and -$2.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -18,000.00 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 869.08 Mn |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 173.18 Mn |
| 10 | Gold Royalty | 780.14 Mn | 766.01 Mn | 4.67 Mn | -3.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -1.91 Mn |
| Dec 31, 2024 | 28,000.00 |
| Sep 30, 2024 | -2.46 Mn |
| Jun 30, 2024 | -245,000.00 |
| Mar 31, 2024 | -2.78 Mn |
| Dec 31, 2023 | -2.02 Mn |
| Sep 30, 2023 | -2.20 Mn |
| Jun 30, 2023 | -1.82 Mn |
| Mar 31, 2023 | -3.37 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 | 3.99 Mn |
| Sep 30, 2021 | 10.56 Mn |
| Jun 30, 2021 | 23,613.44 |