Filing Flows › Royal Gold (RGLD) › Gross margin
Royal Gold (RGLD) gross margin by quarter
Royal Gold's gross margin was 68.3% in Q3 2026 (third quarter 2026), +3.7 pts from Q2 2026. Over the last 7 quarters it ranged from 64.6% (Q4 2025) to 73.6% (Q3 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 68.3% | +3.7 pts | -5.3 pts |
| Q2 2026 | 64.6% | -2.5 pts | -8.0 pts |
| Q1 2026 | 67.1% | +2.5 pts | -2.3 pts |
| Q4 2025 | 64.6% | -9.0 pts | — |
| Q3 2025 | 73.6% | +1.0 pts | — |
| Q2 2025 | 72.6% | +3.2 pts | — |
| Q1 2025 | 69.4% | — | — |
Q3 2026 at a glance
Royal Gold, Q3 2026: revenue $465M (+84% year over year), operating margin 65.4%, net earnings $227M, operating cash flow $344M. The chart follows the revenue to costs, profit and cash.
Questions
What is Royal Gold's gross margin?
Royal Gold's gross margin was 68.3% in Q3 2026 (third quarter 2026), +3.7 pts from Q2 2026.
How has Royal Gold's gross margin changed?
Over the last 7 quarters it ranged from 64.6% (Q4 2025) to 73.6% (Q3 2025).