Royal Gold FY26 Q2 net income more than doubled to USD 236.4 million; revenue rises 114.9% to USD 450.5 million
RGLD•Q2 results and cash flow
Royal Gold reported Q2 net income of $236.4 million, or $2.78 per share; revenue more than doubled to $450.5 million.
Operating cash flow hit a record $335.2 million; sales volume rose 56.5% to 100,000 gold equivalent ounces.
Adjusted EBITDA margin slipped 1 percentage point to 83%; adjusted net income climbed to $218.2 million, or $2.56 per share.
Liquidity, dividend and capital allocation
Royal Gold repaid $200 million on its revolving credit facility, lifting total available liquidity to about $1.2 billion; it also paid a $0.475 quarterly dividend.
CEO Bill Heissenbuttel cited disciplined capital allocation, including share repurchases, debt reduction, and continued spending on Warintza and Hod Maden.
