What changed in Royal Gold, Inc's latest annual report
In the year ended 31 Dec 2025, Royal Gold, Inc's revenue rose 43.2% to USD 1.03bn, from USD 719.39m; net income rose 40.4% to USD 466.28m, from USD 332.02m; total liabilities rose 793.8% to USD 2.33bn, from USD 260.92m.
Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.
USD 719.39m to USD 1.03bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 719.39m | 1.03bn | Up 43.2% |
| Net income | 332.02m | 466.28m | Up 40.4% |
| Total assets | 3.39bn | 9.54bn | Up 181.2% |
| Total liabilities | 260.92m | 2.33bn | Up 793.8% |
| Long-term debt | 0 | 895.44m | Not comparable |
| Cash and cash equivalents | 195.50m | 233.72m | Up 19.6% |
| Shareholders' equity | 3.12bn | 7.16bn | Up 129.5% |
Questions people ask
Did Royal Gold, Inc's revenue grow last year?
Revenue grew 43.2%, from USD 719.39m to USD 1.03bn in the year ended 31 Dec 2025.
Is Royal Gold, Inc profitable?
Yes. Net income was USD 466.28m in the year ended 31 Dec 2025. The year before: USD 332.02m.
How much cash and debt does Royal Gold, Inc have?
At its latest year end (31 Dec 2025), Royal Gold, Inc reported cash and cash equivalents of USD 233.72m and long-term debt of USD 895.44m.
Where do these numbers come from?
From Royal Gold, Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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