OR Royalties OR
NYSE OR
$35.83 -1.33 (-3.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

OR Royalties (OR) Operating Expenses (2015 - 2026)

OR Royalties (OR) posted Operating Expenses of -$19.4 million for Q2 2026, down 0.86% on a QoQ basis from -$19.2 million in Q1 2026, and down 18.53% year-over-year from -$23.8 million in Q2 2025.

Analysis

OR Royalties (OR) Operating Expenses (2015 - 2026) Analysis & Trends

OR Royalties has reported Operating Expenses for 12 years, with the latest figure at -$19.4 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 18.53% year-over-year to -$19.4 million in Q2 2026; TTM through Jun 2026 was -$73.5 million, a 142.99% decrease from a year earlier, with the FY2025 full-year figure at -$66.0 million, down 16.73% from the prior year.
  • Operating Expenses was -$19.4 million for Q2 2026 at OR Royalties, down from -$19.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $15.7 million in Q1 2023, with the low at -$22.3 million in Q3 2023.
  • Average Operating Expenses over 5 years is -$13.0 million, with a median of -$15.9 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses plunged 277.14% in 2022, then soared 204.76% in 2025.
  • Over 5 years, Operating Expenses stood at -$15.3 million in 2022, then declined by 8.87% to -$16.7 million in 2023, then grew by 6.02% to -$15.7 million in 2024, then dropped by 13.33% to -$17.8 million in 2025, then decreased by 9.3% to -$19.4 million in 2026.
  • The last three Operating Expenses figures came in at -$19.4 million (Q2 2026), -$19.2 million (Q1 2026), and -$17.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Orix 43.64 Bn 43.64 Bn 4.68 Bn 4.66 Bn
2 Royalty Pharma 26.15 Bn 25.32 Bn - 541.02 Mn
3 Royal Gold 21.54 Bn 21.36 Bn 390.45 Mn 173.18 Mn
4 OR Royalties 6.72 Bn 6.64 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 857.38 Mn 686.46 Mn 157.57 Mn
7 Jefferson Capital 1.18 Bn 1.15 Bn - 95.35 Mn
8 Upbound 1.06 Bn 953.54 Mn 594.84 Mn 540.58 Mn
9 Lufax Holding 1.05 Bn -1.58 Bn - -1.02 Bn
10 Burford Capital 962.26 Mn 962.26 Mn - 47.44 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.41 Mn
Mar 31, 2026 -19.25 Mn
Dec 31, 2025 -17.76 Mn
Sep 30, 2025 -17.08 Mn
Jun 30, 2025 -16.38 Mn
Mar 31, 2025 14.78 Mn
Dec 31, 2024 -15.67 Mn
Sep 30, 2024 -12.98 Mn
Jun 30, 2024 -13.80 Mn
Mar 31, 2024 -14.11 Mn
Dec 31, 2023 -16.67 Mn
Sep 30, 2023 -22.32 Mn
Jun 30, 2023 -16.06 Mn
Mar 31, 2023 15.68 Mn
Dec 31, 2022 -15.32 Mn
Sep 30, 2022 -15.76 Mn
Jun 30, 2022 -16.16 Mn
Mar 31, 2022 -15.25 Mn
Dec 31, 2021 -10.25 Mn
Sep 30, 2021 -17.11 Mn