Royal Gold (RGLD) Operating Expenses (2009 - 2026)
Royal Gold (RGLD) posted Operating Expenses of $173.2 million for Q2 2026, up 0.66% on a QoQ basis from $172.0 million in Q1 2026, and up 155.41% year-over-year from $67.8 million in Q2 2025.
Analysis
Royal Gold (RGLD) Operating Expenses (2009 - 2026) Analysis & Trends
Royal Gold has reported Operating Expenses for 18 years, with the latest figure at $173.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 155.41% year-over-year to $173.2 million in Q2 2026; TTM through Jun 2026 was $599.4 million, a 112.37% increase from a year earlier, with the FY2025 full-year figure at $392.3 million, up 35.51% from the prior year.
- Operating Expenses was $173.2 million for Q2 2026 at Royal Gold, up from $172.0 million in the prior quarter.
- The five-year high for Operating Expenses was $173.2 million in Q2 2026, with the low at $67.8 million in Q2 2025.
- Average Operating Expenses over 5 years is $91.6 million, with a median of $74.2 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses sank 71.05% in 2022, then surged 155.41% in 2026.
- Over 5 years, Operating Expenses stood at $89.5 million in 2022, then decreased by 18.49% to $73.0 million in 2023, then fell by 5.29% to $69.1 million in 2024, then surged by 137.94% to $164.5 million in 2025, then advanced by 5.3% to $173.2 million in 2026.
- The last three Operating Expenses figures came in at $173.2 million (Q2 2026), $172.0 million (Q1 2026), and $164.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 44.18 Bn | 44.51 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 33.59 Bn | 35.70 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 21.14 Bn | 21.00 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.88 Bn | 6.81 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 | 851.50 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.18 Bn | 1.16 Bn | - | 95.35 Mn |
| 8 | Lufax Holding | 1.04 Bn | -1.23 Bn | - | -1.93 Bn |
| 9 | Upbound | 998.67 Mn | 893.37 Mn | 594.84 Mn | 540.58 Mn |
| 10 | Metalla Royalty & Streaming | 942.93 Mn | 931.86 Mn | 4.75 Mn | -1.43 Mn |
Historic Data
Download Data
Historic 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 |