Royal Gold (RGLD) Operating Expenses (2009 - 2026)
Royal Gold (RGLD) posted quarterly Operating Expenses of $172.0 million for Q1 2026, up 144.63% year-over-year from $70.3 million in Q1 2025, and up 4.61% quarter-over-quarter from $164.5 million in Q4 2025.
Royal Gold (RGLD) Operating Expenses (2009 - 2026) Analysis & Trends
Royal Gold's Operating Expenses history runs 18 years deep, the most recent figure standing at $172.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 144.63% year-over-year to $172.0 million; the TTM figure through Mar 2026 stood at $494.0 million (up 72.46% YoY), while the FY2025 annual figure was $392.3 million, up 35.51% from the prior year.
- Operating Expenses for Q1 2026 stood at $172.0 million, up from $164.5 million in the prior quarter.
- The five-year high for Operating Expenses was $172.0 million in Q1 2026, with the low at $67.8 million in Q2 2025.
- The 5-year median for Operating Expenses is $73.4 million (2024), against an average of $86.8 million.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses sank 71.05% in 2022, then jumped 144.63% in 2026.
- Royal Gold's Operating Expenses stood at $89.5 million in 2022, then fell by 18.49% to $73.0 million in 2023, then dropped by 5.29% to $69.1 million in 2024, then soared by 137.94% to $164.5 million in 2025, then increased by 4.61% to $172.0 million in 2026.
- Business Quant data shows RGLD's Operating Expenses at $172.0 million in Q1 2026, $164.5 million in Q4 2025, and $89.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -18,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 173.18 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 869.08 Mn |
| 10 | Alamos Gold | 15.89 Bn | 15.25 Bn | - | 18.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 173.18 Mn |
| Mar 31, 2026 | 172.03 Mn |
| Dec 31, 2025 | 164.45 Mn |
| Sep 30, 2025 | 89.72 Mn |
| Jun 30, 2025 | 67.80 Mn |
| Mar 31, 2025 | 70.33 Mn |
| Dec 31, 2024 | 69.12 Mn |
| Sep 30, 2024 | 74.99 Mn |
| Jun 30, 2024 | 72.01 Mn |
| Mar 31, 2024 | 73.38 Mn |
| Dec 31, 2023 | 72.98 Mn |
| Sep 30, 2023 | 73.06 Mn |
| Jun 30, 2023 | 72.15 Mn |
| Mar 31, 2023 | 84.34 Mn |
| Dec 31, 2022 | 89.53 Mn |
| Sep 30, 2022 | 69.66 Mn |
| Jun 30, 2022 | 78.54 Mn |
| Mar 31, 2022 | 81.78 Mn |
| Dec 31, 2021 | 171.59 Mn |
| Sep 30, 2021 | 240.62 Mn |