Osisko Gold Royalties Ltd (OR) Income Statement
OR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOR revenue and net income
Where OR's revenue goes
2025Each bar shows an amount and its share of revenue. OR kept 74.3% of revenue as net income.
OR profit margins
OR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +47.5% | — | — | — |
| Gross profit | +54.9% | — | — | — |
| Operating income | +59.1% | — | — | — |
| Net income | +1,188.0% | — | — | — |
| EPS (diluted) | +69.2% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OR quarterly EPS vs estimates
Osisko Gold Royalties beat the analyst EPS estimate in 6 of the last 7 quarters. Next report: November 11, 2026 (estimate $0.26).
OR income statement
| 2025 | 2024 | |
|---|---|---|
| Revenue | $282.0M | $191.2M |
| Cost of revenue | $46.9M | $39.3M |
| Gross profit | $235.1M | $151.8M |
| Research & development | — | $5.6M |
| Sales, general & admin | $20.9M | $21.8M |
| Total operating expenses | $29.5M | $22.5M |
| Operating income | $205.6M | $129.3M |
| Interest income | $4.0M | $4.2M |
| Interest expense | $4.5M | $5.5M |
| Income before taxes | $245.4M | $30.1M |
| Income taxes | $35.9M | $13.9M |
| Net income | $209.5M | $16.3M |
| EBITDA | $243.2M | $71.7M |
| EPS (diluted) | $0.88 | $0.52 |
| Gross margin | 83.4% | 79.4% |
| Operating margin | 72.9% | 67.6% |
| Net margin | 74.3% | 8.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $97.8M | $101.4M | $91.8M | $71.6M | $44.3M | $38.6M | $55.8M |
| Cost of revenue | $15.6M | $14.1M | $13.3M | $12.5M | $7.5M | $6.6M | $11.5M |
| Gross profit | $82.2M | $87.3M | $78.5M | $59.1M | $36.8M | $32.0M | $44.3M |
| Research & development | $2.0M | $2.6M | — | $2.0M | $2.1M | $1.5M | $2.0M |
| Sales, general & admin | $4.9M | $6.0M | $5.1M | $4.9M | $4.4M | $3.5M | $7.6M |
| Total operating expenses | $6.9M | $8.1M | $7.3M | $6.9M | $6.4M | $4.9M | $4.7M |
| Operating income | $75.3M | $79.1M | $71.2M | $52.2M | $30.4M | $27.0M | $39.7M |
| Interest income | $1.6M | $1.9M | $1.7M | $1.1M | $618,000 | $598,000 | $1.1M |
| Interest expense | $3.2M | $751,444 | $745,688 | $635,244 | $824,993 | $1.2M | $993,012 |
| Income before taxes | $74.4M | $86.4M | $77.5M | $92.1M | $29.0M | $23.5M | $16.1M |
| Income taxes | $13.0M | $13.9M | $11.3M | $9.2M | $5.2M | $5.5M | $8.9M |
| Net income | $61.4M | $72.6M | $66.2M | $82.8M | $23.8M | $18.0M | $7.2M |
| EBITDA | $90.5M | $90.0M | $88.9M | $103.5M | $37.7M | $32.8M | $27.1M |
| EPS (diluted) | $0.32 | $0.40 | $0.32 | $0.22 | $0.18 | $0.16 | $0.16 |
| Gross margin | 84.0% | 86.1% | 85.5% | 82.5% | 83.1% | 83.0% | 79.4% |
| Operating margin | 77.0% | 78.0% | 77.5% | 72.9% | 68.6% | 70.1% | 71.1% |
| Net margin | 62.8% | 71.6% | 72.1% | 115.7% | 53.6% | 46.7% | 12.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OR's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OR financial results
In fiscal year 2025 (ended December 31, 2025), Osisko Gold Royalties reported revenue of $282.0 million, up 47.5% from the year before. It had net income of $209.5 million (up 1,188.0%), a net profit margin of 74.3%. Diluted earnings per share came to $0.88.
See the OR stock overview for the latest quote and news, or the OR chart for price history and technical indicators.
OR income statement FAQ
What is Osisko Gold Royalties's annual revenue?
Osisko Gold Royalties reported total revenue of $282.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 47.5% from $191.2 million the previous year.
Is Osisko Gold Royalties profitable?
Yes. Osisko Gold Royalties reported net income of $209.5 million in fiscal 2025, a net profit margin of 74.3%; its operating margin was 72.9%.
What is Osisko Gold Royalties's gross margin?
Osisko Gold Royalties's gross margin was 83.4% in fiscal 2025: for every $100 of revenue, Osisko Gold Royalties kept $83 after the direct cost of its products and services.
What are Osisko Gold Royalties's earnings per share?
Osisko Gold Royalties earned $0.88 per diluted share in fiscal 2025, compared with $0.52 a year earlier.
When will Osisko Gold Royalties report its next earnings?
Osisko Gold Royalties is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Osisko Gold Royalties's fiscal year end?
Osisko Gold Royalties's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.