Royal Gold (RGLD) reported record Q4 FY2025 revenue of USD 375.3 million (+85.3%) and record operating cash flow of USD 241.7 million. Q4 net income was USD 93.6 million (USD 1.16 per share), while adjusted net income was USD 155.0 million (USD 1.92 per share); sales volume totaled 90,800 GEOs (+19.3%), and adjusted EBITDA margin was 82%. For FY2025, Royal Gold posted record revenue of USD 1.03 billion (+43.2%) and record operating cash flow of USD 704.8 million. FY net income was USD 466.3 million (USD 6.70 per share) and adjusted net income was USD 509.9 million (USD 7.33 per share); sales volume was 300,300 GEOs and adjusted EBITDA margin was 82%. FY revenue was 78% gold, 12% silver and 7% copper. During the quarter, Royal Gold closed its acquisition of Sandstorm Gold and Horizon Copper (October 20, 2025), with Q4 results including contributions from the closing date; new Q4 revenue included about USD 49.2 million from acquired Sandstorm/Horizon assets and USD 32.3 million from the Kansanshi gold stream. The company also agreed to sell its Versamet stake for C$207.0 million (USD 147.4 million) with proceeds applied to debt repayment, and reported a USD 50.0 million loss on the sale of marketable securities. Royal Gold increased its 2026 dividend to USD 1.90 per share after paying USD 1.80 per share in FY2025, and said it repaid USD 175.0 million post-quarter, reducing revolver borrowings to USD 725.0 million. CEO Bill Heissenbuttel said FY2025 included record financial results, major transactions, mine life extensions and expansions across key assets, and ongoing debt paydown and liquidity rebuilding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal Gold Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602181605BIZWIRE_USPR_____20260218_BW191550) on February 18, 2026, and is solely responsible for the information contained therein.