Other was Royal Gold’s largest revenue line in fiscal 2025, bringing in $499.22M of $1.03B (48%).
| Name of Property | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Other | — | $227.84M | $332.97M | $499.22M | ||
| Other Interest | $238.89M | — | — | — | ||
| Mt. Milligan | $180.54M | $158.17M | $186.04M | $223.71M | ||
| Mount Milligan | — | — | — | — | ||
| 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 | $603.21M | $605.72M | $719.40M | $1.03B |
Royal Gold brought in $1.03B from its seven revenue lines in fiscal 2025, the year ended December 31, 2025. Royal Gold regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $719.40M. Other was the largest at $499.22M (48.4%), ahead of Mt. Milligan at $223.71M (21.7%) and Pueblo Viejo at $129.83M (12.6%). The other four revenue lines brought in $177.71M combined.
Compared with fiscal 2024, Cortez Cc Zone grew fastest, up 207.6% to $35.72M, while Cortez Legacy Zone fell the most, down 45.3% to $31.82M.
Royal Gold began breaking out Kansanshi in fiscal 2025, when it brought in $32.28M. Royal Gold stopped reporting Other Interest as a separate revenue line after fiscal 2022, when it brought in $238.89M.
North America was Royal Gold’s largest region in fiscal 2025, bringing in $704.07M of $1.03B (68%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| North America | — | $435.36M | $507.86M | $704.07M | ||||
| Canada | $239.58M | — | — | — | ||||
| South & Central America | — | $80.05M | $100.44M | $145.56M | ||||
| Emea | — | $71.29M | $82.13M | $139.48M | ||||
| Dominican Republic | $85.86M | — | — | — | ||||
| Chile | $47.35M | — | — | — | ||||
| United States | $81.64M | — | — | — | ||||
| Mexico | $52.39M | — | — | — | ||||
| Africa | $53.79M | — | — | — | ||||
| Australia Pacific | — | $19.01M | $28.97M | $41.36M | ||||
| Australia | $15.67M | — | — | — | ||||
| Rest Of World | $26.93M | — | — | — | ||||
| Other | — | — | — | — | ||||
| Total | $603.21M | $605.72M | $719.40M | $1.03B |
Royal Gold brought in $1.03B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 43.2% from $719.40M in fiscal 2024. North America was the largest at $704.07M (68.3%), ahead of South & Central America at $145.56M (14.1%) and Emea at $139.48M (13.5%). The remaining region, Australia Pacific, brought in $41.36M.
Compared with fiscal 2024, Emea grew fastest, up 69.8% to $139.48M. Every region above 2% of revenue grew.
Royal Gold began breaking out North America in fiscal 2023, South & Central America in fiscal 2023, Emea in fiscal 2023 and Australia Pacific in fiscal 2023. Royal Gold stopped reporting Canada ($239.58M in fiscal 2022), Dominican Republic ($85.86M in fiscal 2022), United States ($81.64M in fiscal 2022) and five others as separate regions.
Gold was Royal Gold’s largest product and service line in fiscal 2025, bringing in $799.89M of $1.03B (78%).
| Product and Service | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Gold | $439.32M | $462.12M | $544.38M | $799.89M | ||
| Silver | $64.28M | $73.41M | $85.51M | $120.84M | ||
| Copper | $73.92M | $57.42M | $66.77M | $76.79M | ||
| Other | $25.69M | $12.76M | $22.74M | $32.96M | ||
| Total | $603.21M | $605.72M | $719.40M | $1.03B |
Royal Gold brought in $1.03B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 43.2% from $719.40M in fiscal 2024. Gold was the largest at $799.89M (77.6%), ahead of Silver at $120.84M (11.7%) and Copper at $76.79M (7.5%). The remaining line, Other, brought in $32.96M.
Compared with fiscal 2024, Gold grew fastest, up 46.9% to $799.89M. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $603.21M to $1.03B, a compound annual growth rate of 19.5%. Gold's share of the total rose from 72.8% to 77.6%.
Royal Gold (RGLD) reports its revenue by name of property, by geography and by product and service. In fiscal 2025, Other was its largest revenue line, bringing in $499.22M (48.4% of the total), followed by Mt. Milligan at $223.71M (21.7%).
Other was Royal Gold's largest revenue line in fiscal 2025, bringing in $499.22M, or 48.4% of the $1.03B total across its seven revenue lines.
North America was Royal Gold's largest region in fiscal 2025, bringing in $704.07M, or 68.3% of the $1.03B total across its four regions.
Gold was Royal Gold's largest product and service line in fiscal 2025, bringing in $799.89M, or 77.6% of the $1.03B total across its four product and service lines.
Among Royal Gold's regions that make up at least 2% of revenue, Emea grew fastest in fiscal 2025, up 69.8% from $82.13M to $139.48M.
Every figure comes from Royal Gold's annual financial filings, as reported. Each line keeps the name Royal Gold gives it, and years follow its fiscal calendar.
Royal Gold's revenue by name of property goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.