---
title: "Royal Gold posts preliminary Q2 2026: $311.0M stream sales, $137–142M royalty sales estimate"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293347632.md"
description: "Royal Gold reported preliminary Q2 2026 results, with stream sales of $311.0M and royalty sales estimated at $137–142M. The company repurchased $30M in shares, repaid $200M in debt, and funded $120M in project costs. Final results are due August 5, 2026."
datetime: "2026-07-21T13:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293347632.md)
  - [en](https://longbridge.com/en/news/293347632.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293347632.md)
generator: "portal-rs"
---

# Royal Gold posts preliminary Q2 2026: $311.0M stream sales, $137–142M royalty sales estimate

Royal Gold provided preliminary results for the quarter ended June 30, 2026, reporting estimated stream segment sales of $311.0 million and royalty segment sales in a range of $137 million to $142 million. The company estimated DD&A of $95 million to $99 million for the quarter and disclosed the repurchase and cancellation of 147,205 shares for $30 million. Final results will be released after market close on August 5, 2026, with a conference call on August 6, 2026.

**Financial Highlights**

-   **Stream segment sales:** $311.0 million (preliminary).
-   **Royalty segment sales:** $137 million to $142 million (preliminary range).
-   **Depreciation, depletion and amortization (DD&A):** $95 million to $99 million (preliminary range).
-   **Share repurchase:** 147,205 shares repurchased and cancelled for $30 million at an average price of $203.80 per share.
-   **Debt repayment / liquidity:** $200 million of debt repaid; revolving credit facility outstanding balance $400 million with $1.0 billion undrawn and available as of June 30, 2026.

**Business Highlights**

-   **Production-related metrics (preliminary):** Gold equivalent ounces (GEOs) of 69,000 for the stream segment; cost of sales estimated at $871 per GEO.
-   **Commodity deliveries and inventory (preliminary):** Stream metal deliveries included 54,500 oz gold (27,400 oz ending inventory), 595,500 oz silver (371,200 oz ending inventory), 2.5 Mlb copper (0.7 Mlb ending inventory), and 1.3 Mlb zinc.
-   **Relief Canyon settlement:** Reached agreement with Americas Gold and Silver to settle remaining fixed gold delivery obligations; received immediate delivery of 5,000 oz of gold (sold in Q2) and 2,652,532 common shares of Americas, and recognized ~ $12 million additional DD&A related to the gold sale. Royal Gold’s royalty and stream interests at Relief Canyon remain intact.
-   **Project funding:** Funded $70 million in project costs related to the Hod Maden restructuring and made a $50 million advance payment under the Warintza stream agreement to Solaris Resources.

Original SEC Filing: ROYAL GOLD INC \[ RGLD \] - 8-K - Jul. 21, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**