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Royal Gold
Business Segments
Business Segments
Stream and royalty interests, net (Note 3)

Stream and royalty interests, net (Note 3)

Royal Gold·Business Segments·2 segments·Rolls up to Mineral Properties Net

Breakdown

Segments

Stream interestView metric

Royalty interestView metric

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Data sourced from SEC filings — methodology

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OpenCapital

Segment	Q4 '24	Q4 '25	Q1 '26
Stream interest	$1.25B	$4.54B	$4.48B
Royalty interest	$1.79B	$4.04B	$4.06B
Total	$3.04B	$8.58B	$8.54B