Gold was the largest of Royal Gold Inc’s 4 reported lines in fiscal 2025, at $547.87M — 77% of $715.49M.
| Segment | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Gold | $308.30M | $307.80M | $367.49M | $547.87M | ||
| Silver | $50.59M | $64.85M | $66.81M | $92.38M | ||
| Copper | $58.90M | $45.63M | $48.99M | $44.25M | ||
| Other | $25.69M | $12.76M | $22.74M | $30.99M | ||
| Total | $443.48M | $431.04M | $506.03M | $715.49M |
In fiscal 2025, which ended December 31, 2025, the 4 segments Royal Gold Inc reported in this breakdown added up to $715.49M. That is less than the $807.72M in its breakdown by revenue line, so these segments do not account for all of its revenue that year. Gold was the largest segment, at $547.87M or 76.6% of the total, followed by Silver ($92.38M, 12.9%) and Copper ($44.25M, 6.2%). Together, the two largest segments made up 89.5% of this total.
Compared with fiscal 2024, Gold grew the fastest, rising 49.1% to $547.87M. Copper fell the most, down 9.7% to $44.25M.
This breakdown covers 6 fiscal years between 2019 and 2025, as reported in Royal Gold Inc's annual filings.
Other was the largest of Royal Gold Inc’s 7 reported lines in fiscal 2025, at $276.46M — 34% of $807.72M.
| Real Estate And Accumulated Depreciation Description Of Property | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Mt. Milligan | $180.54M | $158.17M | $186.04M | $223.71M | ||
| Mount Milligan | — | — | — | — | ||
| Other | — | $134.95M | $166.67M | $276.46M | ||
| Other Interest | $134.85M | — | — | — | ||
| Pueblo Viejo | $85.86M | $76.25M | $83.06M | $129.83M | ||
| Andacollo | $47.35M | $48.92M | $47.53M | $77.90M | ||
| Cortez Legacy Zone | $47.77M | $79.92M | $58.18M | $31.82M | ||
| Kansanshi | — | — | — | $32.28M | ||
| Penasquito | — | — | — | — | ||
| Wassa | — | — | — | — | ||
| Cortez Cc Zone | $2.79M | $14.63M | $11.61M | $35.72M | ||
| Cortez | — | — | — | — | ||
| Total | $499.17M | $512.83M | $553.09M | $807.72M |
In fiscal 2025, which ended December 31, 2025, the 7 revenue lines Royal Gold Inc reported in this breakdown added up to $807.72M. The revenue lines reported changed from fiscal 2024, so the total is not directly comparable with the $553.09M reported that year. Other was the largest revenue line, at $276.46M or 34.2% of the total, followed by Mt. Milligan ($223.71M, 27.7%) and Pueblo Viejo ($129.83M, 16.1%). Together, the two largest revenue lines made up 61.9% of this total.
Compared with fiscal 2024, Cortez Cc Zone grew the fastest, rising 207.6% to $35.72M. Cortez Legacy Zone fell the most, down 45.3% to $31.82M. Because revenue lines were added or dropped between the two years, part of this reflects how Royal Gold Inc regrouped its reporting.
Kansanshi was first reported as a separate revenue line in fiscal 2025. The table also keeps 5 revenue lines that Royal Gold Inc no longer reports, so earlier years can still be read on their original basis; use "Show 5 discontinued" beneath the table to see them. This breakdown covers 6 fiscal years between 2019 and 2025, as reported in Royal Gold Inc's annual filings.
North America was the largest of Royal Gold Inc’s 4 reported lines in fiscal 2025, at $440.74M — 61% of $725.81M.
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| North America | — | $273.21M | $314.86M | $440.74M | ||||
| Canada | $212.37M | — | — | — | ||||
| Emea | — | $70.76M | $82.13M | $137.28M | ||||
| Dominican Republic | $85.86M | — | — | — | ||||
| South & Central America | — | $74.32M | $86.30M | $107.44M | ||||
| Chile | $47.35M | — | — | — | ||||
| United States | $81.64M | — | — | — | ||||
| Mexico | $52.39M | — | — | — | ||||
| Africa | $53.79M | — | — | — | ||||
| Australia Pacific | — | $19.01M | $28.97M | $40.35M | ||||
| Australia | $15.67M | — | — | — | ||||
| Rest Of World | $18.43M | — | — | — | ||||
| Other | — | — | — | — | ||||
| Total | $567.50M | $437.29M | $512.26M | $725.81M |
In fiscal 2025, which ended December 31, 2025, the 4 regions Royal Gold Inc reported in this breakdown added up to $725.81M. That is less than the $807.72M in its breakdown by revenue line, so these regions do not account for all of its revenue that year. North America was the largest region, at $440.74M or 60.7% of the total, followed by Emea ($137.28M, 18.9%) and South & Central America ($107.44M, 14.8%). Together, the two largest regions made up 79.6% of this total.
Compared with fiscal 2024, Emea grew the fastest, rising 67.1% to $137.28M. Every sizeable region reported in both years grew.
North America (fiscal 2023), Emea (fiscal 2023), South & Central America (fiscal 2023) and Australia Pacific (fiscal 2023) were first reported as separate regions during this period. The table also keeps 9 regions that Royal Gold Inc no longer reports, so earlier years can still be read on their original basis; use "Show 9 discontinued" beneath the table to see them. This breakdown covers 8 fiscal years between 2017 and 2025, as reported in Royal Gold Inc's annual filings.
Royal Gold Inc (RGLD) breaks its revenue down by segment, revenue line and region. In fiscal 2025, its largest segment was Gold, with $547.87M or 76.6% of the total, followed by Silver at $92.38M (12.9%).
Gold was Royal Gold Inc's largest segment in fiscal 2025, with $547.87M in revenue, 76.6% of the $715.49M reported across its 4 segments.
Other was Royal Gold Inc's largest revenue line in fiscal 2025, with $276.46M in revenue, 34.2% of the $807.72M reported across its 7 revenue lines.
North America was Royal Gold Inc's largest region in fiscal 2025, with $440.74M in revenue, 60.7% of the $725.81M reported across its 4 regions.
Of the Royal Gold Inc segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Gold grew the fastest, rising 49.1% from $367.49M to $547.87M.
Every figure is taken from Royal Gold Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2019 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.