Gold Royalty (GROY) Income Statement

Gold Royalty reported revenue of $15.61M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 54.5% from $10.10M a year earlier. Gold Royalty posted a net loss of $4.13M, compared with a net loss of $3.41M a year earlier. Gross margin was 76.4% and operating margin 10.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $6.73M, up 76.1% from the same quarter a year earlier.

Gold Royalty Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Gold Royalty Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Sep 2022	Sep 2021	Sep 2020
Revenue & Gross Profit
Revenue	15.61	10.10	3.05	3.94	0.19	0.00
Cost of Revenue	3.68	0.32	0.94	1.76	0.16	0.00
Gross Profit	11.93	6.63	2.11	2.19	0.19	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.16	8.26	10.81	19.55	9.37	0.14
Operating Expenses	10.24	10.70	10.88	19.63	12.77	0.14
Operating Income	1.69	-4.07	-8.78	-17.44	-12.58	-0.14
Other Income/Expense
Interest Income	-0.15	-0.06	0.00	0.00	0.07	0.00
Interest Expense	8.27	-8.04	1.84	0.63	0.00	0.00
Other Income/Expense	2.24	-5.32	-24.11	0.08	-1.44	0.00
Income
Income Before Tax	-4.34	-9.39	-32.89	-17.36	-15.01	-0.14
Income Tax Expense	-0.21	-5.97	-6.13	-0.02	2.42	0.00
Net Income	-4.13	-3.41	-26.76	-17.35	-15.01	-0.14
Net Income - Continuous Operations	-4.13	-3.41	-26.76	-17.35	-15.01	-0.14
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	6.67	-0.73	-30.04	-15.57	-12.41	-0.14
EBIT	3.93	-4.01	-31.05	-17.44	-12.58	-
Depreciation & Amortization	0.08	3.28	1.01	1.87	0.17	0.00
Earnings Per Share
Basic EPS	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-
Basic Shares Outstanding	174.99	159.52	144.73	128.23	33.56	22.83
Diluted Shares Outstanding	174.99	159.52	144.73	128.23	33.56	22.83

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Gold Royalty Financial Statements

What was Gold Royalty's revenue in fiscal 2025?

Gold Royalty reported revenue of $15.61M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 54.5% from $10.10M a year earlier.

Is Gold Royalty profitable?

No. Gold Royalty reported a net loss of $4.13M in fiscal 2025. In fiscal 2024 it lost $3.41M.

What is Gold Royalty's operating margin?

Gold Royalty's operating income was $1.69M on revenue of $15.61M in fiscal 2025, an operating margin of 10.9%, compared with -40.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition