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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue (Note 8) $ 469,125 $ 193,436
Costs and expenses    
Cost of sales (excludes depreciation, depletion and amortization) 60,337 24,506
General and administrative 17,531 11,063
Production taxes 3,291 1,761
Depreciation, depletion and amortization 90,875 32,995
Total costs and expenses 172,034 70,325
Operating income 297,091 123,111
Fair value changes in equity securities 5,950 (37)
Gain on sale of marketable securities 14,115 0
Interest and other income 3,192 2,049
Interest and other expense (13,242) (1,156)
Income before income taxes 307,106 123,967
Income tax expense (Note 11) (25,398) (10,389)
Net income 281,708 113,578
Net income attributable to non-controlling interests (578) (80)
Net income attributable to Royal Gold common stockholders 281,130 113,498
Adjustments to comprehensive income, net of tax:    
Realized gain on available-for-sale debt securities (993) 0
Comprehensive income 280,715 113,578
Comprehensive income attributable to non-controlling interests (578) (80)
Comprehensive income attributable to Royal Gold stockholders $ 280,137 $ 113,498
Net income per share attributable to Royal Gold common stockholders:    
Basic earnings per share (in dollars per share) $ 3.31 $ 1.72
Basic weighted average shares outstanding (in shares) 84,720,260 65,705,157
Diluted earnings per share (in dollars per share) $ 3.30 $ 1.72
Diluted weighted average shares outstanding (in shares) 85,017,635 65,791,551
Cash dividends declared per common share (in dollars per share) $ 0.475 $ 0.45