---
schema_version: "secwatch.filing_event.v1"
accession: "0000085535-26-000032"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2026-07-21T13:05:12+00:00"
generated_at: "2026-07-21T13:06:09.469747+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Royal Gold reports preliminary Q2 stream sales $311M, repays $200M debt

## Summary
- Stream segment sales $311M (69,000 GEOs) at cost of sales $871/GEO; gold 54,500 oz sold, silver 595,500 oz, copper 2.5M lb, zinc 1.3M lb.
- Royalty segment sales estimated $137-142M; DD&A $95-99M for Q2.
- Repaid $200M of debt; revolver balance $400M, $1.0B undrawn available.
- Repurchased 147,205 shares at avg $203.80 for $30M; shares cancelled.

## SEC filing metadata
- accession: 0000085535-26-000032
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2026-07-21T13:05:12+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000008553526000032/0000085535-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000008553526000032/rgld-20260721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085535-26-000032
- JSON: https://secwatch.observer/filing/0000085535-26-000032.json
- Plain text: https://secwatch.observer/filing/0000085535-26-000032.txt

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