Royal Gold (RGLD) Operating Expenses (2009 - 2026)

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 was $172.0 million for Q1 2026 at Royal Gold, up from $164.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $172.0 million in Q1 2026 to a low of $67.8 million in Q2 2025.
• Historically, Operating Expenses has averaged $86.8 million across 5 years, with a median of $73.4 million in 2024.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses plunged 47.83% in 2022, then surged 144.63% in 2026.
• A 5-year view of Operating Expenses shows it stood at $89.5 million in 2022, then retreated by 18.49% to $73.0 million in 2023, then declined by 5.29% to $69.1 million in 2024, then jumped by 137.94% to $164.5 million in 2025, then rose by 4.61% to $172.0 million in 2026.
• The last three Operating Expenses figures came in at $172.0 million (Q1 2026), $164.5 million (Q4 2025), and $89.7 million (Q3 2025), per Business Quant data.