Empress Royalty Corp. generated US$17.3M in revenue for the six months ended June 30, 2026, marking a 166% increase from US$6.55M reported in the comparative 2025 period.

Gross profit for the first half of 2026 expanded to US$12.8M, up from US$4.5M a year earlier, while income from operations reached US$10.0M, compared to US$2.6M in the first six months of 2025. Total combined liquid reserves rose to US$21.1M at June 30, 2026, comprising US$5.1M in cash and US$16.0M in liquid metals holdings. Net income for the six-month period totaled US$3.9M, compared with US$1.6M in the first half of 2025. The bottom-line result includes a US$4.7M non-cash fair value remeasurement loss on metal holdings driven by short-term metal price movements, alongside US$1.0M in income taxes.

“Our first half 2026 results demonstrate the increasing scale and financial strength of Empress, with six month revenue increasing 166% to over US$17M and income from operations increasing 285% to US$10M”

“We ended the quarter with US$21M in cash, gold and silver, providing significant flexibility to pursue new investment opportunities. With growing cash flow from our existing portfolio, we remain focused on disciplined capital allocation, portfolio expansion and building sustainable long term value for our shareholders.”

— Alexandra Woodyer Sherron, CEO and President

Empress maintains royalty and streaming interests across producing precious metal assets including Tahuehueto, Manica, Sierra Antapite, and Galaxy. Following the second-quarter performance, Empress has reaffirmed its full-year 2026 guidance, continuing to anticipate attributable gold equivalent ounces between 7,045 and 7,430 ounces. The outlook is calculated using conversion assumptions of US$4,000 per ounce for gold and US$70 per ounce for silver.

Read the full announcement: Empress Reports 2026 Second Quarter Financial Results