ROYAL GOLD INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
RGLD$274.57-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
| Years Ended | |||
|---|---|---|---|
| December 31,2025 | December 31,2024 | December 31,2023 | |
| Revenue (Note 11) | $1,030,471 | $719,395 | $605,717 |
| Costs and expenses | |||
| Cost of sales (excludes depreciation, depletion and amortization) | 130,926 | 97,514 | 90,523 |
| General and administrative | 49,183 | 40,934 | 39,761 |
| Production taxes | 8,605 | 6,622 | 7,294 |
| Depreciation, depletion and amortization | 177,082 | 144,426 | 164,937 |
| Acquisition related costs | 26,508 | — | — |
| Total costs and expenses | 392,304 | 289,496 | 302,515 |
| Operating income | 638,167 | 429,899 | 303,202 |
| Fair value changes in equity securities | 327 | (66) | (147) |
| Loss on sale of marketable securities | (50,017) | — | — |
| Interest and other income | 14,411 | 6,008 | 9,952 |
| Interest and other expense | (29,022) | (9,749) | (30,867) |
| Income before income taxes | 573,866 | 426,092 | 282,140 |
| Income tax expense (Note 14) | (102,290) | (93,613) | (42,008) |
| Net income | 471,576 | 332,479 | 240,132 |
| Net income attributable to non-controlling interests | (5,295) | (456) | (692) |
| Net income attributable to Royal Gold common stockholders | 466,281 | 332,023 | 239,440 |
| Net income | $471,576 | $332,479 | $240,132 |
| Adjustments to comprehensive income, net of tax: | |||
| Unrealized change in market value of available-for-sale debt securities | 993 | — | — |
| Comprehensive income | 472,569 | 332,479 | 240,132 |
| Comprehensive income attributable to non-controlling interests | (5,295) | (456) | (692) |
| Comprehensive income attributable to Royal Gold stockholders | $467,274 | $332,023 | $239,440 |
| Net income per share attributable to Royal Gold common stockholders: | |||
| Basic earnings per share | $6.70 | $5.04 | $3.64 |
| Basic weighted average shares outstanding | 69,424,381 | 65,662,185 | 65,613,002 |
| Diluted earnings per share | $6.69 | $5.04 | $3.63 |
| Diluted weighted average shares outstanding | 69,560,911 | 65,776,834 | 65,739,110 |
| Cash dividends declared per common share | $1.825 | $1.650 | $1.525 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.