Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands	Total	Common Shares	Additional Paid-In Capital	Accumulated Earnings	Non-controlling Interests
Balance, beginning of period (in shares) at Dec. 31, 2023		65,631,760
Balance, beginning of period at Dec. 31, 2023	$ 2,900,641	$ 656	$ 2,221,039	$ 666,522	$ 12,424
Increase (Decrease) in Stockholders' Equity
Stock-based compensation and related share issuances (in shares)		57,597
Stock-based compensation and related share issuances	4,750	$ 1	4,749
Distributions to non-controlling interests	(476)				(476)
Net income	224,615			224,615
Comprehensive income	224,958				343
Dividends declared	(78,945)			(78,945)
Balance, end of period (in shares) at Sep. 30, 2024		65,689,357
Balance, end of period at Sep. 30, 2024	3,050,928	$ 657	2,225,788	812,192	12,291
Balance, beginning of period (in shares) at Jun. 30, 2024		65,656,625
Balance, beginning of period at Jun. 30, 2024	2,981,193	$ 656	2,225,942	742,270	12,325
Increase (Decrease) in Stockholders' Equity
Stock-based compensation and related share issuances (in shares)		32,732
Stock-based compensation and related share issuances	(153)	$ 1	(154)
Distributions to non-controlling interests	(122)				(122)
Net income	96,242			96,242
Comprehensive income	96,330				88
Dividends declared	(26,320)			(26,320)
Balance, end of period (in shares) at Sep. 30, 2024		65,689,357
Balance, end of period at Sep. 30, 2024	3,050,928	$ 657	2,225,788	812,192	12,291
Balance, beginning of period (in shares) at Dec. 31, 2024		65,691,151
Balance, beginning of period at Dec. 31, 2024	3,131,206	$ 657	2,228,311	889,989	12,249
Increase (Decrease) in Stockholders' Equity
Stock-based compensation and related share issuances (in shares)		72,649
Stock-based compensation and related share issuances	3,997	$ 1	3,996
Distributions to non-controlling interests	(7,336)				(7,336)
Net income	372,670			372,670
Comprehensive income	377,857				5,187
Dividends declared	(88,913)			(88,913)
Other	(244)		(244)
Balance, end of period (in shares) at Sep. 30, 2025		65,763,800
Balance, end of period at Sep. 30, 2025	3,416,567	$ 658	2,232,063	1,173,746	10,100
Balance, beginning of period (in shares) at Jun. 30, 2025		65,760,321
Balance, beginning of period at Jun. 30, 2025	3,318,959	$ 658	2,229,722	1,076,562	12,017
Increase (Decrease) in Stockholders' Equity
Stock-based compensation and related share issuances (in shares)		3,479
Stock-based compensation and related share issuances	2,585		2,585
Distributions to non-controlling interests	(6,898)				(6,898)
Net income	126,824			126,824
Comprehensive income	131,805				4,981
Dividends declared	(29,640)			(29,640)
Other	(244)		(244)
Balance, end of period (in shares) at Sep. 30, 2025		65,763,800
Balance, end of period at Sep. 30, 2025	$ 3,416,567	$ 658	$ 2,232,063	$ 1,173,746	$ 10,100

ROYAL GOLD INC 10-Q