Gold Royalty (GROY)
:GROY
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
-0.01Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial momentum story: record quarterly and annual revenue and adjusted EBITDA, three consecutive quarters of positive free cash flow, a substantially strengthened liquidity position (equity raise, equitization, undrawn/upsized credit facility), accretive acquisitions (Pedra Branca, Borborema), and ambitious forward guidance (2026 midpoint +62% vs. 2025; 2030 midpoint ~490%+ growth) with most growth characterized as de-risked. The principal negatives discussed were external market volatility, GEO sensitivity to commodity price assumptions, potential dilution from recent financings and warrants, and execution/permit risk at underlying operators. Overall, the positives (record results, strong balance sheet, clear growth runway and strategic acquisitions) substantially outweigh the highlighted risks.Company Guidance
Record Revenue and Adjusted EBITDA
Q4 total revenue, land agreement proceeds and interest of $5.2M and adjusted EBITDA of $3.2M (Q4 adjusted EBITDA up ~28% QoQ from $2.5M and up ~68% YoY from $1.9M). FY2025 total revenue of $17.8M and adjusted EBITDA of $9.8M (transcript cites a 38,104% increase vs. the comparable 2024 period), and a third consecutive quarter of positive free cash flow.
Rapid Portfolio Expansion and Cash-Flowing Assets
Since IPO (Mar 2021) the company grew the portfolio from 18 non-producing royalties to 258 royalties and streams, now including eight cash-flowing assets.
Strengthened Balance Sheet and Liquidity
Ended year with no debt or convertible debentures, >$12.0M cash, fully undrawn credit facility; equitization of $40M convertible debentures plus a $103.5M equity raise funded the $70M Pedra Branca acquisition, repaid RCF balances and left the company in a positive net cash position. Credit facility was amended and upsized to $150M in February.
Accretive Strategic Acquisitions and Partnerships
Acquired Pedra Branca royalties (2.5% NSR gold; 2% NSR copper) for $70M (announced 12/08/2025) and added an additional 0.75% NSR on Borborema (bringing total to 2.75% NSR) via a co-investment with Taurus (announced 01/14/2026). Both acquisitions were sourced from third parties (BlackRock and Dundee), demonstrating disciplined, negotiated deal-making.
Ambitious and De-risked Growth Outlook
2026 guidance of 7,500–9,300 GEO (midpoint ~8,400 GEO), which is a ~62% increase vs. 2025 actual 5,173 GEO (guidance assumes $5,150/oz gold and $5.75/lb copper). 2030 outlook of 28,000–34,000 GEO (midpoint ~31,000 GEO), representing ~490%+ growth vs. 2025. Management notes >70% of 2030 growth comes from assets already permitted, financed and built to at least a first phase, and >90% when including low-risk satellite construction.
Multiple Near-Term Operational Catalysts
Several underlying assets advancing: Ora Minerals signed road relocation unlocking reserves and supporting expansion from 2Mtpa to 4Mtpa; BPM Metals restarted the Virus mine with full run rate expected by YE2026; Orla Mining expects to start South Railroad construction mid-2026 upon final permits; BlackRock Silver received Class II air quality/service disturbance permit with full permits expected by mid-2027.
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 |
|---|---|---|---|
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% |
May 08, 2025 | $1.55 | $1.55 | 0.00% |
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 (GROY) report earnings?
Gold Royalty (GROY) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Gold Royalty (GROY) earnings time?
Gold Royalty (GROY) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
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 (Q1) is 0.01.