Quarterly ResultAug 5, 2026, 04:58 PM
Gold Royalty Reports Record H1 Results; Revenue +116%, Net Income $3.6M
AI Summary
Gold Royalty Corp. reported record half-year results for the period ended June 30, 2026, with revenues more than doubling year-over-year to $13.9 million and Gold Equivalent Ounces (GEOs) increasing over 40%. The company achieved a net income of $1.8 million in Q2 2026, a significant improvement from a net loss in the prior year. Gold Royalty also strengthened its portfolio with new royalty acquisitions and maintains a strong financial position with over $11.3 million in cash and no debt, while reaffirming its annual GEOs guidance.
Key Highlights
- Half-year revenues more than doubled year-over-year to $13.9 million.
- Half-year Gold Equivalent Ounces (GEOs) increased over 40% to 3,677 GEOs.
- Q2 2026 revenue was $6.7 million; total revenue, land agreement proceeds, and interest increased 80% to $7.9 million.
- Q2 2026 Adjusted EBITDA was $5.6 million, a 137% increase from Q2 2025.
- Q2 2026 net income was $1.8 million, compared to a net loss of $0.8 million in Q2 2025.
- Ended the quarter with over $11.3 million in cash, no debt, and an undrawn $150 million credit facility.
- Acquired an additional 0.875% NSR royalty on the Ren project for $6.25 million.
- Company maintains its 2026 annual guidance of 7,500 - 9,300 GEOs.
Price Impact
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