---
schema_version: "secwatch.filing_event.v1"
accession: "0000085535-26-000005"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:16:17.654774+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Royal Gold reports record Q4 revenue $375.3M, full-year revenue $1,030.5M

## Summary
- Q4 revenue $375.3M (vs $202.6M YoY); operating cash flow $241.7M (vs $141.1M).
- Q4 net income $93.6M ($1.16/diluted EPS); adjusted net income $155.0M ($1.92/diluted).
- Full-year 2025 record revenue $1,030.5M; record operating cash flow $704.8M.
- Full-year net income $466.3M ($6.70/diluted); adjusted net income $509.9M ($7.33/diluted).
- Annual dividend increased for 25th consecutive year; debt aggressively paid down.

## SEC filing metadata
- accession: 0000085535-26-000005
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000008553526000005/0000085535-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000008553526000005/rgld-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085535-26-000005
- JSON: https://secwatch.observer/filing/0000085535-26-000005.json
- Plain text: https://secwatch.observer/filing/0000085535-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
