DRD

MKT CAP:$3B

DRDGOLD Limited

Market Cap

$3B

Basic Materials·Gold·🇿🇦 South Africa·NYSE

Materials·Gold·🇿🇦·NYSE

Stock Price

$28.82-$1.50 (-4.95%)

Apr 23, 2026

Company Details

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface ta...

CEO

Daniel Johannes Pretorius

IPO Date

May 16, 1994

Website

www.drdgold.com

Key Metrics TTM

Revenue

$963M

+203.8% YoY

Net Income

$291M

EPS (Diluted)

$20.95

Free Cash Flow

$65M

Revenue / Share

$110.79

Gross Margin

40.3%

Operating Margin

25.1%

Net Margin

30.2%

FCF Margin

6.8%

P/S

2.6x

P/E

8.6x

Earnings Reports

Q2 2026

Feb 18, 2026

$290M+26.6%EPS $12.79

FY 2025

Jun 30, 2025

$475M+26.3%EPS $1.56

Q4 2025

Aug 20, 2025

$246M+24.8%EPS $0.89

Q2 2025

Feb 18, 2025

$229MEPS $6.77

FY 2024

Oct 30, 2024

$377M+13.5%EPS $0.93

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$68M	$9M	$2M
Q4 16	$79M	$3M	$2M
Q2 17	$72M	$2M	$138.8K
Q4 17	$69M	$1M	-$3M
Q2 18	$76M	$7M	$5M
Q4 18	$75M	$2M	-$5M
Q2 19	$76M	$229.3K	-$2M
Q4 19	$91M	$12M	$10M
Q4 24	$197M	$62M	$56M
Q2 25	$229M	$77M	$71M
Q4 25	$246M	$110M	-$18M
Q2 26	$290M	$140M	$133M

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q4 16	—	—
Q2 17	—	—
Q4 17	8.7x	551.2x
Q2 18	8.5x	352.8x
Q4 18	8.6x	2062.9x
Q2 19	8.5x	—
Q4 19	7.9x	490.2x
Q4 24	5.7x	54.6x
Q2 25	4.2x	23.3x
Q4 25	3.3x	13.4x
Q2 26	2.6x	8.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	$4M	$506.9K
Q4 16	$21M	$19M
Q2 17	$2M	-$1M
Q4 17	$748.3K	-$2M
Q2 18	$9M	$4M
Q4 18	$5M	$2M
Q2 19	-$313.8K	-$15M
Q4 19	$18M	$12M
Q4 24	$67M	-$48M
Q2 25	$77M	$20M
Q4 25	$134M	$56M
Q2 26	$133M	$38M

Capital Expenditures

Quarter	CapEx
Q2 16	$4M
Q4 16	$2M
Q2 17	$4M
Q4 17	$3M
Q2 18	$5M
Q4 18	$2M
Q2 19	$15M
Q4 19	$6M
Q4 24	$115M
Q2 25	$57M
Q4 25	$79M
Q2 26	$95M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 18	+11.0%	+6.9%
Q4 18	-5.1%	+3.9%
Q2 19	+5.4%	+9.0%
Q4 19	+31.1%	+12.1%
Q4 24	+160.2%	+99.9%
Q2 25	+207.7%	+98.6%
Q4 25	+225.4%	+238.1%
Q2 26	+218.9%	+93.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$241.4K	0.4%
Q4 16	$2M	2.0%
Q2 17	$971.6K	1.4%
Q4 17	-$368.1K	-0.5%
Q2 18	$12.1K	0.0%
Q4 18	$3M	4.2%
Q2 19	$193.1K	0.3%
Q4 19	-$96.6K	-0.1%
Q4 24	$772.5K	0.4%
Q2 25	$0	0.0%
Q4 25	$971.6K	0.4%
Q2 26	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 16	$2M	—	—
Q4 16	$3M	—	—
Q2 17	$3M	—	—
Q4 17	$838.8K	—	—
Q2 18	$2M	—	—
Q4 18	$4M	—	—
Q2 19	$3M	—	—
Q4 19	—	—	$3M
Q4 24	$5M	$410.4K	—
Q2 25	$6M	—	—
Q4 25	$7M	—	—
Q2 26	—	—	$7M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 18	$18M	$0	$18M
Q2 19	$13M	$0	$13M
Q4 19	$17M	$0	$17M
Q2 20	$33M	$0	$33M
Q4 20	$104M	$0	$104M
Q2 21	$131M	$0	$131M
Q4 21	$132M	$0	$132M
Q2 22	$135M	$0	$135M
Q4 22	$152M	$0	$152M
Q2 23	$144M	$0	$144M
Q4 23	$149M	$0	$149M
Q2 24	$92M	$0	$92M
Q4 24	$31M	$0	$31M
Q2 25	$40M	$0	$40M
Q4 25	$79M	$0	$79M
Q2 26	$105M	$0	$105M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	42M	—	—
Q4 16	42M	-0.6%	—
Q2 17	42M	+0.3%	—
Q4 17	42M	0.0%	—
Q2 18	42M	0.0%	-0.3%
Q4 18	42M	0.0%	+0.3%
Q2 19	64M	+52.2%	+52.2%
Q4 19	69M	+6.9%	+62.8%
Q4 24	87M	+26.0%	+105.1%
Q2 25	87M	+0.0%	+105.1%
Q4 25	87M	+0.2%	+35.0%
Q2 26	9M	-90.0%	-87.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$28.8K	2K
Q4 16	$33.2K	2K
Q2 17	$28.9K	2K
Q4 17	$28.0K	2K
Q2 18	$34.2K	2K
Q4 18	$32.4K	2K
Q2 19	$32.8K	2K
Q4 19	$39.5K	2K
Q4 24	$66.7K	3K
Q2 25	$77.6K	3K
Q4 25	$354.9K	693
Q2 26	$419.2K	693

Revenue / Employee