Every material Form 8-K Royal Gold filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Royal Gold, Inc. reported its third quarter 2026 results, highlighting total revenue of $464.8 million and net income of $227.4 million, driven by higher metal prices and new asset contributions. The company achieved record operating cash flow of $344.4 million and fully repaid its outstanding debt after the quarter end. Shareholders also received a quarterly dividend of $0.475 per share and benefited from ongoing share repurchases.
Revenue reached $464.8 million for the quarter ended September 30, 2026, compared to $252.1 million in the prior year period.
Net income was $227.4 million, or $2.68 per share, up from $126.8 million in the prior year period.
Operating cash flow reached a record $344.4 million, compared to $174.0 million in the prior year period.
The company fully repaid the remaining $150 million on its revolving credit facility on October 19, 2026.
Royal Gold released preliminary, unaudited estimates for the quarter ended September 30, 2026, showing stream segment sales of $318.3 million and royalty segment sales estimated at $143-149 million. The filing also discloses a $250 million debt repayment and a $49 million share buyback, and says full third-quarter results will be released November 4, 2026. The filing does not include prior-period comparisons, earnings per share, or guidance, so the direction of results cannot be judged from it.
Stream segment sales of $318.3 million on 74,700 gold equivalent ounces (GEOs) in the third quarter
Royalty segment sales estimated at $143-149 million and DD&A at $80-84 million; final receipts not yet available
Repaid $250 million of debt; revolving credit facility balance was $150 million at September 30, 2026, with $1.25 billion undrawn
Repurchased 190,045 shares at an average price of $259.83 for $49 million; repurchased shares were cancelled
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.
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
Royal Gold released preliminary second-quarter 2026 figures for stream and royalty segment sales and DD&A, with full results due after the market close on August 5, 2026. The filing gives no prior-period comparison, earnings per share, or guidance, and the estimates are unaudited and subject to change.
Stream segment sales of $311.0 million on 69,000 gold equivalent ounces
Royalty segment sales estimated at $137-142 million and DD&A at $95-99 million, presented as ranges
Repaid $200 million of debt, leaving $400 million drawn on the revolving credit facility and $1.0 billion undrawn at June 30, 2026
Repurchased 147,205 shares for $30 million; the shares were cancelled
Royal Gold reported record first-quarter 2026 revenue, operating cash flow and net income, with revenue up 142.5% from the prior year period, driven by higher metal prices and newly acquired interests. The company also added a $600 million uncommitted accordion feature to its $1.4 billion revolving credit facility and authorized a $500 million share repurchase program, giving it more flexibility for acquisitions and buybacks.
Q1 2026 revenue of $469.1 million, up from $193.4 million; net income of $281.1 million ($3.30 per diluted share) versus $113.5 million
Operating cash flow of $293.6 million, up from $136.4 million in the prior year period
Board approved a $500 million share repurchase program on May 4, 2026
Accordion feature adds $600 million of uncommitted capacity, which could raise total commitments to up to $2.0 billion
Royal Gold reported fourth-quarter revenue of $375.3 million, up from $202.6 million a year earlier, and full-year 2025 revenue of $1.03 billion, up from $719.4 million. Full-year net income attributable to stockholders rose to $466.3 million ($6.70 per basic share) from $332.0 million, and the company raised its 2026 dividend to $1.90 per share, its 25th consecutive annual increase.
Q4 2025 revenue of $375.3 million vs. $202.6 million in Q4 2024; Q4 net income of $93.6 million ($1.16 per share)
Full-year 2025 revenue of $1,030.5 million vs. $719.4 million; net income of $466.3 million vs. $332.0 million
Full-year 2025 operating cash flow of $704.8 million vs. $529.5 million
2026 annual dividend increased to $1.90 per share from $1.80 paid in 2025
Royal Gold said its consolidated stream segment sales were about 64,000 gold equivalent ounces in the fourth quarter of 2025, including contributions from the Sandstorm portfolio after the October 20, 2025 acquisition closed. The company also reduced outstanding borrowings by $400 million since that closing, and it agreed to restructure its Bear Creek interests to support a Highlander/Bear Creek combination expected to close in the first quarter of 2026. Full fourth-quarter results are scheduled for release on February 18, 2026.
Q4 2025 consolidated stream segment sales were about 64,000 GEOs, with RGLD Gold AG at 58,200 GEOs and the Sandstorm portfolio at 5,800 GEOs from October 20 to December 31, 2025.
Revolving credit facility balance fell from $1,225 million on October 10, 2025 to $900 million on December 31, 2025, and then to $825 million after a $75 million repayment on January 12, 2026.
Royal Gold will receive $6.2 million of cash and a 1.75% NSR royalty on the Corani Project if the Highlander/Bear Creek transaction closes.
Full Q4 2025 results will be released after market close on February 18, 2026, with a conference call on February 19, 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.
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