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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenue (Note 11) $ 1,030,471 $ 719,395 $ 605,717
Costs and expenses      
Cost of sales (excludes depreciation, depletion and amortization) 130,926 97,514 90,523
General and administrative 49,183 40,934 39,761
Production taxes 8,605 6,622 7,294
Depreciation, depletion and amortization 177,082 144,426 164,937
Acquisition related costs 26,508 0 0
Total costs and expenses 392,304 289,496 302,515
Operating income 638,167 429,899 303,202
Fair value changes in equity securities 327 (66) (147)
Loss on sale of marketable securities (50,017) 0 0
Interest and other income 14,411 6,008 9,952
Interest and other expense (29,022) (9,749) (30,867)
Income before income taxes 573,866 426,092 282,140
Income tax expense (Note 14) (102,290) (93,613) (42,008)
Net income 471,576 332,479 240,132
Net income attributable to non-controlling interests (5,295) (456) (692)
Net income attributable to Royal Gold common stockholders 466,281 332,023 239,440
Adjustments to comprehensive income, net of tax:      
Unrealized change in market value of available-for-sale debt securities 993 0 0
Comprehensive income 472,569 332,479 240,132
Comprehensive income attributable to non-controlling interests (5,295) (456) (692)
Comprehensive income attributable to Royal Gold stockholders $ 467,274 $ 332,023 $ 239,440
Net income per share attributable to Royal Gold common stockholders:      
Basic earnings per share (in dollars per share) $ 6.70 $ 5.04 $ 3.64
Basic weighted average shares outstanding (in shares) 69,424,381 65,662,185 65,613,002
Diluted earnings per share (in dollars per share) $ 6.69 $ 5.04 $ 3.63
Diluted weighted average shares outstanding (in shares) 69,560,911 65,776,834 65,739,110
Cash dividends declared per common share (in dollars per share) $ 1.825 $ 1.650 $ 1.525