OR Royalties (OR) Gross Margin (2016 - 2026)
OR Royalties (OR) posted Gross Margin of 84.05% for Q2 2026, down 2.71% on a QoQ basis from 86.39% in Q1 2026, and up 90.0% year-over-year from 44.24% in Q2 2025.
Analysis
OR Royalties (OR) Gross Margin (2016 - 2026) Analysis & Trends
OR Royalties has reported Gross Margin for 11 years, with the latest figure at 84.05% in Q2 2026.
- On a quarterly basis, Gross Margin rose 90.0% year-over-year to 84.05% in Q2 2026; TTM through Jun 2026 was 84.85%, a 342.0% increase from a year earlier, with the FY2025 full-year figure at 83.82%, up 440.0% from the prior year.
- Gross Margin was 84.05% for Q2 2026 at OR Royalties, down from 86.39% in the prior quarter.
- The five-year high for Gross Margin was 86.39% in Q1 2026, with the low at 65.4% in Q3 2022.
- Average Gross Margin over 5 years is 76.69%, with a median of 78.73% recorded in 2024.
- The largest YoY upside for Gross Margin was 1974 bps in 2022 against a maximum downside of 215 bps in 2022.
- Over 5 years, Gross Margin stood at 69.67% in 2022, then gained by 6 bps to 73.84% in 2023, then rose by 8 bps to 79.46% in 2024, then gained by 8 bps to 85.83% in 2025, then decreased by 2 bps to 84.05% in 2026.
- The last three Gross Margin figures came in at 84.05% (Q2 2026), 86.39% (Q1 2026), and 85.83% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 44.18 Bn | 44.51 Bn | 4.68 Bn | 85.10% |
| 2 | Royalty Pharma | 33.59 Bn | 35.70 Bn | - | - |
| 3 | Royal Gold | 21.14 Bn | 21.00 Bn | 390.45 Mn | 86.66% |
| 4 | OR Royalties | 6.88 Bn | 6.81 Bn | 82.22 Mn | 84.05% |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | 92.51% |
| 6 | Atlanticus Holdings | 1.41 Bn | 851.50 Mn | 686.46 Mn | 92.23% |
| 7 | Jefferson Capital | 1.18 Bn | 1.16 Bn | - | - |
| 8 | Lufax Holding | 1.04 Bn | -1.23 Bn | - | - |
| 9 | Upbound | 998.67 Mn | 893.37 Mn | 594.84 Mn | 51.13% |
| 10 | Metalla Royalty & Streaming | 942.93 Mn | 931.86 Mn | 4.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.05% |
| Mar 31, 2026 | 86.39% |
| Dec 31, 2025 | 85.83% |
| Sep 30, 2025 | 82.51% |
| Jun 30, 2025 | 83.15% |
| Mar 31, 2025 | 82.95% |
| Dec 31, 2024 | 79.46% |
| Sep 30, 2024 | 79.64% |
| Jun 30, 2024 | 80.51% |
| Mar 31, 2024 | 78.01% |
| Dec 31, 2023 | 73.84% |
| Sep 30, 2023 | 65.79% |
| Jun 30, 2023 | 71.53% |
| Mar 31, 2023 | 70.57% |
| Dec 31, 2022 | 69.67% |
| Sep 30, 2022 | 65.40% |
| Jun 30, 2022 | 69.72% |
| Mar 31, 2022 | 71.44% |
| Dec 31, 2021 | 68.60% |
| Sep 30, 2021 | 67.54% |