vs

Side-by-side financial comparison of Criteo S.A. (CRTO) and ROYAL GOLD INC (RGLD). Click either name above to swap in a different company.

Criteo S.A. is the larger business by last-quarter revenue ($482.7M vs $375.3M, roughly 1.3× ROYAL GOLD INC). ROYAL GOLD INC runs the higher net margin — 24.9% vs 4.4%, a 20.5% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 2.4%). Over the past eight quarters, ROYAL GOLD INC's revenue compounded faster (58.8% CAGR vs 1.4%).

Criteo S.A. is an advertising company that provides online display advertisements. The company was founded and is headquartered in Paris, France.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

CRTO vs RGLD — Head-to-Head

Bigger by revenue
CRTO
CRTO
1.3× larger
CRTO
$482.7M
$375.3M
RGLD
Growing faster (revenue YoY)
RGLD
RGLD
+82.9% gap
RGLD
85.3%
2.4%
CRTO
Higher net margin
RGLD
RGLD
20.5% more per $
RGLD
24.9%
4.4%
CRTO
Faster 2-yr revenue CAGR
RGLD
RGLD
Annualised
RGLD
58.8%
1.4%
CRTO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CRTO
CRTO
RGLD
RGLD
Revenue
$482.7M
$375.3M
Net Profit
$21.3M
$93.6M
Gross Margin
53.6%
64.6%
Operating Margin
6.3%
56.2%
Net Margin
4.4%
24.9%
Revenue YoY
2.4%
85.3%
Net Profit YoY
-21.3%
-12.8%
EPS (diluted)
$0.39
$1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRTO
CRTO
RGLD
RGLD
Q4 25
$375.3M
Q3 25
$252.1M
Q2 25
$482.7M
$209.6M
Q1 25
$451.4M
$193.4M
Q4 24
$553.0M
$202.6M
Q3 24
$458.9M
$193.8M
Q2 24
$471.3M
$174.1M
Q1 24
$450.1M
$148.9M
Net Profit
CRTO
CRTO
RGLD
RGLD
Q4 25
$93.6M
Q3 25
$126.8M
Q2 25
$21.3M
$132.3M
Q1 25
$37.9M
$113.5M
Q4 24
$71.1M
$107.4M
Q3 24
$6.2M
$96.2M
Q2 24
$27.0M
$81.2M
Q1 24
$7.2M
$47.2M
Gross Margin
CRTO
CRTO
RGLD
RGLD
Q4 25
64.6%
Q3 25
73.6%
Q2 25
53.6%
72.6%
Q1 25
52.5%
69.4%
Q4 24
54.4%
70.3%
Q3 24
50.5%
66.6%
Q2 24
49.4%
64.7%
Q1 24
48.3%
58.4%
Operating Margin
CRTO
CRTO
RGLD
RGLD
Q4 25
56.2%
Q3 25
64.4%
Q2 25
6.3%
67.7%
Q1 25
10.7%
63.6%
Q4 24
17.1%
65.9%
Q3 24
2.1%
61.3%
Q2 24
7.8%
58.6%
Q1 24
2.3%
50.7%
Net Margin
CRTO
CRTO
RGLD
RGLD
Q4 25
24.9%
Q3 25
50.3%
Q2 25
4.4%
63.1%
Q1 25
8.4%
58.7%
Q4 24
12.9%
53.0%
Q3 24
1.4%
49.7%
Q2 24
5.7%
46.6%
Q1 24
1.6%
31.7%
EPS (diluted)
CRTO
CRTO
RGLD
RGLD
Q4 25
$1.04
Q3 25
$1.92
Q2 25
$0.39
$2.01
Q1 25
$0.66
$1.72
Q4 24
$1.21
$1.63
Q3 24
$0.11
$1.46
Q2 24
$0.46
$1.23
Q1 24
$0.12
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRTO
CRTO
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$223.6M
$233.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$7.2B
Total Assets
$2.1B
$9.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRTO
CRTO
RGLD
RGLD
Q4 25
$233.7M
Q3 25
$172.8M
Q2 25
$223.6M
$248.2M
Q1 25
$313.2M
$240.8M
Q4 24
$316.9M
$195.5M
Q3 24
$231.8M
$127.9M
Q2 24
$233.2M
$74.2M
Q1 24
$278.1M
$137.9M
Total Debt
CRTO
CRTO
RGLD
RGLD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$50.0M
Q1 24
Stockholders' Equity
CRTO
CRTO
RGLD
RGLD
Q4 25
$7.2B
Q3 25
$3.4B
Q2 25
$1.1B
$3.3B
Q1 25
$1.1B
$3.2B
Q4 24
$1.0B
$3.1B
Q3 24
$1.1B
$3.0B
Q2 24
$1.0B
$3.0B
Q1 24
$1.0B
$2.9B
Total Assets
CRTO
CRTO
RGLD
RGLD
Q4 25
$9.5B
Q3 25
$4.5B
Q2 25
$2.1B
$3.6B
Q1 25
$2.1B
$3.5B
Q4 24
$2.3B
$3.4B
Q3 24
$2.2B
$3.3B
Q2 24
$2.2B
$3.3B
Q1 24
$2.2B
$3.3B
Debt / Equity
CRTO
CRTO
RGLD
RGLD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRTO
CRTO
RGLD
RGLD
Operating Cash FlowLast quarter
$-1.4M
$241.7M
Free Cash FlowOCF − Capex
$-36.6M
FCF MarginFCF / Revenue
-7.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
-0.07×
2.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRTO
CRTO
RGLD
RGLD
Q4 25
$241.7M
Q3 25
$174.0M
Q2 25
$-1.4M
$152.8M
Q1 25
$62.3M
$136.4M
Q4 24
$169.5M
$141.1M
Q3 24
$57.5M
$136.7M
Q2 24
$17.2M
$113.5M
Q1 24
$14.0M
$138.3M
Free Cash Flow
CRTO
CRTO
RGLD
RGLD
Q4 25
Q3 25
Q2 25
$-36.6M
Q1 25
$45.3M
Q4 24
Q3 24
Q2 24
$-4.0M
Q1 24
$173.0K
FCF Margin
CRTO
CRTO
RGLD
RGLD
Q4 25
Q3 25
Q2 25
-7.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-0.9%
Q1 24
0.0%
Capex Intensity
CRTO
CRTO
RGLD
RGLD
Q4 25
Q3 25
Q2 25
7.3%
Q1 25
3.8%
Q4 24
Q3 24
Q2 24
4.5%
Q1 24
3.1%
Cash Conversion
CRTO
CRTO
RGLD
RGLD
Q4 25
2.58×
Q3 25
1.37×
Q2 25
-0.07×
1.15×
Q1 25
1.64×
1.20×
Q4 24
2.38×
1.31×
Q3 24
9.21×
1.42×
Q2 24
0.64×
1.40×
Q1 24
1.93×
2.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRTO
CRTO

Commerce Growth$393.9M82%
Retail Media$60.9M13%
Other$27.9M6%

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

Related Comparisons