Royal Gold second-quarter revenue rises 115% to $450.5 million
Royal Gold reported second-quarter 2026 revenue of $450.5 million, up from $209.6 million a year earlier, and net income of $236.4 million ($2.78 per share), up from $132.3 million. The company also reported record operating cash flow of $335.2 million and said copper and other metals sales are trending around or above the top of their 2026 guidance ranges.
Key points
- Revenue of $450.5 million versus $209.6 million in the prior year period; net income of $236.4 million ($2.78 per share) versus $132.3 million
- Record operating cash flow of $335.2 million versus $152.8 million in the prior year period
- Repaid $200 million on the revolving credit facility and repurchased 147,205 shares for $30 million; 84,673,027 shares outstanding as of June 30, 2026
- Copper and other metals sales trending around or above the top end of 2026 guidance ranges; other guided metrics within ranges
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.