Sprott Physical Gold Trust is a closed-end trust that holds fully allocated, unencumbered physical gold bullion in secure vaults for investors seeking direct gold exposure without taking personal delivery. Units are designed to track the value of the underlying metal after expenses, with redeemability in gold for large holdings under trust terms. It targets long-term investors and institutions that want vaulted bullion ownership rather than futures or mining equities.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 1,650 | — | 1,648.8 | — |
| Q2 2025 | 620.1 | — | 619 | — |
| Q3 2025 | 2,004.8 | — | 2,003.3 | — |
| Q4 2025 | 1,680.5 | — | 1,677.5 | — |
| Q1 2026 | 1,312.3 | -20.5% | 1,310.5 | -20.5% |
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