Gold Royalty Corp. (GROY) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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GROY Revenue Growth
Revenue Breakdown
GROY's revenue distribution by segment and geography
By Geography
GROY Revenue Analysis (2020–2025)
As of May 8, 2026, Gold Royalty Corp. (GROY) generated trailing twelve-month (TTM) revenue of $15.6 million, reflecting explosive growth of +34.2% year-over-year. The most recent quarter (Q4 2025) recorded $4.5 million in revenue, up 8.5% sequentially.
Looking at the longer-term picture, GROY's historical revenue data shows a 3-year CAGR of +58.2%. The company achieved its highest annual revenue of $15.6 million in 2025, representing a new all-time high.
When compared to Basic Materials sector peers including WPM (+81.2% YoY), RGLD (+72.1% YoY), and FNV (+64.4% YoY), GROY has underperformed the peer group in terms of revenue growth. Compare GROY vs WPM →
GROY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GROYCurrent | $16M | +34.2% | - | 10.9% | |
 WPM | $2.4B | +81.2% | +16.5% | 68.8% | |
 RGLD | $1.0B | +72.1% | +10.8% | 64.5% | |
 FNV | $1.9B | +64.4% | +11.7% | 71.0% | |
 OR | $282M | +36.4% | +5.7% | 72.9% | |
 EMX | $24M | -2.0% | +84.9% | 4.0% |
GROY Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $15.6M | +54.5% | $11.8M | 75.4% | $1.7M | 10.9% |
| 2024 | $10.1M | +231.5% | $6.6M | 65.6% | $-4,065,000 | -40.2% |
| 2023 | $3.0M | -22.7% | $1.6M | 51.0% | $-8,775,000 | -287.9% |
| 2022 | $3.9M | +1954.3% | $2.2M | 55.5% | $-17,437,000 | -442.1% |
| 2021 | $192K | - | $23K | 12.2% | $-12,581,351 | -6553.1% |
| 2020 | $0 | - | $-45 | - | $-140,630 | - |
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Start ComparisonGROY — Frequently Asked Questions
Quick answers to the most common questions about buying GROY stock.
Is GROY's revenue growth accelerating or slowing?
GROY revenue is accelerating at +34.2% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $16M. Growth momentum has increased versus prior periods.
What is GROY's long-term revenue growth rate?
Gold Royalty Corp.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +34.2% is above this long-term average.
How is GROY's revenue distributed by segment?
GROY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.