Gold Royalty Corp. (GROY)
XASE:GROY
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial picture: record revenue and adjusted EBITDA, improving cash generation, a clean balance sheet, and a sizeable, high-quality portfolio with multiple near- and mid-term catalysts. There are some near-term operational timing risks (e.g., Varus shutdown), accounting nuances around equity-accounted royalties, and potential dilution from outstanding warrants, but these are relatively limited compared with the demonstrated growth trajectory and liquidity position.Company Guidance
Record Quarterly Revenue and Adjusted EBITDA
Total revenue, land agreement proceeds, and interest of $9.4 million in Q1 2026; adjusted EBITDA of $7.0 million, up from $3.2 million in the prior quarter (≈+119% QoQ) and up from $1.7 million in Q1 2025 (≈+312% YoY).
Strong Production and Guidance Trajectory
Reported 1,920 gold equivalent ounces (GEOs) in Q1 2026. Annualizing Q1 yields 7,680 GEOs, above the low end of 2026 guidance (7,500–9,300 GEOs). Company reiterated guidance of 28,000–34,000 GEOs by 2030 (midpoint implies nearly 500% growth vs 2025 actual of 5,173 GEOs).
Clean Balance Sheet and Liquidity
Exited Q1 with over $13.6 million cash, no debt, and a fully undrawn $150 million credit facility, providing flexibility to self-fund growth and evaluate capital returns.
Portfolio Expansion and Quality Asset Base
Portfolio grown from 18 royalties in 2021 to over 250 assets today, including recent acquisitions: Pedra Branca royalty (acquired December 2025) and a second Borba Rama royalty (Jan 2026, equity-accounted). Multiple high-quality assets and PEAs across the portfolio (e.g., Granite Creek 10% NPI, Pedra Branca 25% NSR on gold/2% NSR on copper, Tonopah West 3% NSR, Whistler 1% NSR, South Railroad 0.44% NSR).
Operational and Development Catalysts
Several near- to mid-term catalysts: i-80 recapitalization funds Granite Creek Phases 1 & 2, Corax acquisition of Pedra Branca (April 2026) enables optimization, Orla's South Railroad construction planned mid-2026 (potential production late 2027/early 2028), and multiple PEAs/asset updates expected to drive news flow.
Achieved Positive Free Cash Flow and Cost Rationalization
Reached first positive free cash flow in mid-2025 and emphasized ongoing G&A rationalization and elimination of interest costs to strengthen margins and cash generation going forward.
GROY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GROY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $3.52 | $3.60 | +2.27% |
Mar 18, 2026 | $3.85 | $3.59 | -6.75% |
Nov 05, 2025 | $3.33 | $3.39 | +1.80% |
Aug 06, 2025 | $3.03 | $3.08 | +1.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gold Royalty Corp. (GROY) report earnings?
Gold Royalty Corp. (GROY) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Gold Royalty Corp. (GROY) earnings time?
Gold Royalty Corp. (GROY) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GROY EPS forecast?
GROY EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.