Royal Gold, Inc (RGLD) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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Royal Gold, Inc cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $519,266,000.00Depreciation, depletion and amortization → Operating adjustments reconciliation: $187,075,000.00Income tax payable → Operating adjustments reconciliation: $18,313,000.00Non-cash employee stock compensation expense → Operating adjustments reconciliation: $6,886,000.00Other → Operating adjustments reconciliation: $3,163,000.00Prepaid expenses and other assets → Operating adjustments reconciliation: $264,000.00Operating adjustments reconciliation → Net cash from operating activities: $109,449,000.00Operating adjustments reconciliation → Fair value changes in equity securities: $27,813,000.00Operating adjustments reconciliation → Royalty receivables: $20,862,000.00Operating adjustments reconciliation → Income tax receivable: $17,352,000.00Operating adjustments reconciliation → Gain on sale of marketable securities: $14,573,000.00Operating adjustments reconciliation → Deferred tax benefit: $9,658,000.00Operating adjustments reconciliation → Accounts payable: $5,424,000.00Operating adjustments reconciliation → Stream inventory: $4,603,000.00Operating adjustments reconciliation → Other liabilities: $3,392,000.00Operating adjustments reconciliation → Gain on settlement of Relief Canyon fixed obligation: $2,575,000.00Proceeds from the sale of marketable securities → investing reconciliation: $51,865,000.00investing reconciliation → Cash calls for Hod Maden equity method investment: $84,700,000.00investing reconciliation → Acquisition of stream and royalty interests: $50,031,000.00investing reconciliation → Other: $261,000.00Net cash used in financing activities → financing reconciliation: $596,839,000.00Net proceeds from Sandstorm option exercises → financing reconciliation: $22,655,000.00financing reconciliation → Repayment of debt: $500,000,000.00financing reconciliation → Common stock dividends: $80,516,000.00financing reconciliation → Stock repurchase: $30,003,000.00financing reconciliation → Net payments from issuance of common stock: $5,600,000.00financing reconciliation → Distributions to non-controlling interests: $3,321,000.00financing reconciliation → Other: $54,000.00Net cash used in investing activities → investing reconciliation: $83,127,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $233,719,000.00Net cash from operating activities → Cash sources and uses: $628,715,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $182,468,000.00Cash sources and uses → Net cash used in investing activities: $83,127,000.00Cash sources and uses → Net cash used in financing activities: $596,839,000.00Net income: $519,266,000.00Net income+$519.27 MDepreciation, depletion and amortization: $187,075,000.00Depreciation & amortization+$187.08 MNon-cash employee stock compensation expense: $6,886,000.00Stock-based compensation+$6.89 MFair value changes in equity securities: -$27,813,000.00Unrealized equity gain & loss−$27.81 MGain on sale of marketable securities: -$14,573,000.00Realized securities gain & loss−$14.57 MDeferred tax benefit: -$9,658,000.00Deferred income taxes−$9.66 MGain on settlement of Relief Canyon fixed obligation: -$2,575,000.00Relief Canyon settlement gain−$2.58 MOther: $3,163,000.00Other non-cash items+$3.16 MRoyalty receivables: -$20,862,000.00Accounts receivable−$20.86 MStream inventory: -$4,603,000.00Inventories−$4.60 MIncome tax receivable: -$17,352,000.00Income taxes receivable−$17.35 MPrepaid expenses and other assets: $264,000.00Prepaid & other assets+$264.00 KAccounts payable: -$5,424,000.00Accounts payable−$5.42 MIncome tax payable: $18,313,000.00Income taxes payable+$18.31 MOther liabilities: -$3,392,000.00Other operating liabilities−$3.39 MNet cash from operating activities: $628,715,000.00Operating cash+$628.72 MOperating adjustments reconciliation: $215,701,000.00Repayment of debt: -$500,000,000.00Long-term debt repaid−$500.00 MNet payments from issuance of common stock: -$5,600,000.00Common stock issued, net−$5.60 MNet proceeds from Sandstorm option exercises: $22,655,000.00Stock option exercises+$22.66 MCommon stock dividends: -$80,516,000.00Common dividends paid−$80.52 MStock repurchase: -$30,003,000.00Common stock repurchases−$30.00 MDistributions to non-controlling interests: -$3,321,000.00Paid to noncontrolling interests−$3.32 MOther: -$54,000.00Other financing, net−$54.00 KNet cash used in financing activities: -$596,839,000.00. Cash required to fund net payments.Financing cash−$596.84 Mfinancing reconciliation: $619,494,000.00Acquisition of stream and royalty interests: -$50,031,000.00Mineral & royalty purchases−$50.03 MProceeds from the sale of marketable securities: $51,865,000.00Marketable securities proceeds+$51.87 MCash calls for Hod Maden equity method investment: -$84,700,000.00Equity-method investments made−$84.70 MOther: -$261,000.00Other investing, net−$261.00 KNet cash used in investing activities: -$83,127,000.00. Cash required to fund net payments.Investing cash−$83.13 Minvesting reconciliation: $134,992,000.00Cash sources and uses: $862,434,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $233,719,000.00Beginning cash$233.72 MEnding cash: Cash, cash equivalents, and restricted cash: $182,468,000.00Ending cash$182.47 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income1.21×Operating cash flow ÷ net incomeNet cash change−$51.25 MEnding cash − beginning cash
Chart details

Royal Gold, Inc cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
233,719,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
628,715,000 US dollars. Net cash provided.
Net income
519,266,000 US dollars
Depreciation, depletion and amortization
187,075,000 US dollars
Non-cash employee stock compensation expense
6,886,000 US dollars
Fair value changes in equity securities
negative 27,813,000 US dollars
Gain on sale of marketable securities
negative 14,573,000 US dollars
Deferred tax benefit
negative 9,658,000 US dollars
Gain on settlement of Relief Canyon fixed obligation
negative 2,575,000 US dollars
Other
3,163,000 US dollars
Royalty receivables
negative 20,862,000 US dollars
Stream inventory
negative 4,603,000 US dollars
Income tax receivable
negative 17,352,000 US dollars
Prepaid expenses and other assets
264,000 US dollars
Accounts payable
negative 5,424,000 US dollars
Income tax payable
18,313,000 US dollars
Other liabilities
negative 3,392,000 US dollars
Investing activities
negative 83,127,000 US dollars. Net cash used.
Acquisition of stream and royalty interests
negative 50,031,000 US dollars
Proceeds from the sale of marketable securities
51,865,000 US dollars
Cash calls for Hod Maden equity method investment
negative 84,700,000 US dollars
Other
negative 261,000 US dollars
Financing activities
negative 596,839,000 US dollars. Net cash used.
Repayment of debt
negative 500,000,000 US dollars
Net payments from issuance of common stock
negative 5,600,000 US dollars
Net proceeds from Sandstorm option exercises
22,655,000 US dollars
Common stock dividends
negative 80,516,000 US dollars
Stock repurchase
negative 30,003,000 US dollars
Distributions to non-controlling interests
negative 3,321,000 US dollars
Other
negative 54,000 US dollars
Operating adjustment reconciliation
215,701,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
619,494,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
134,992,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
182,468,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
862,434,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 51,251,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.21×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $109.45M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
Royal Gold, Inc (RGLD) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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