---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016082"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:47:05.051671+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Royal Gold Q3 net income $45.8M, revenue $131.4M; raises dividend 17%, acquires Cortez and Great Bear royalties

## Summary
- Q3 net income $45.8M ($0.70 EPS); adjusted net income $47.1M ($0.71 EPS) on revenue $131.4M; operating cash flow $95.0M; adjusted EBITDA margin 77%.
- Acquired royalties on Cortez Complex (Nevada) and Great Bear Project (Ontario); funded from cash flow and $500M revolver draw without equity dilution.
- Paid quarterly dividend of $0.35/share, up 17% YoY; repaid $50M of revolver debt; ending liquidity ~$667M.
- Mount Milligan advance stream deposit fully repaid; mine life extended to 2033 with increased gold and copper reserves.

## SEC filing metadata
- accession: 0001558370-22-016082
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000155837022016082/0001558370-22-016082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000155837022016082/rgld-20221102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016082
- JSON: https://secwatch.observer/filing/0001558370-22-016082.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016082.txt

## Key facts
- Earnings Releases
  ROYAL GOLD INC reported the quarter ended September 30, 2022 results: revenue $131.4 million, net income $45.8 million, EPS $0.70 per share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $131.4 million
  - Net income: $45.8 million
  - EPS: $0.70 per share
  - Result: reported results
  source text: reports net income of $45.8 million, or $0.70 per share, for the quarter ended September 30, 2022, (“third quarter”), on revenue of $131.4 million and operating cash flow of $95.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/85535/000155837022016082/0001558370-22-016082-index.htm

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