Goldman Sachs Physical Gold ETF (AAAU) Enterprise Value (2019 - 2026)
Goldman Sachs Physical Gold ETF's (AAAU) quarterly Enterprise Value came in at -$8.0 million in Q2 2026, down 182.57% year-over-year from $9.7 million in Q2 2025, and down 117.81% quarter-over-quarter from $44.9 million in Q1 2026.
Analysis
Goldman Sachs Physical Gold ETF (AAAU) Enterprise Value (2019 - 2026) Analysis & Trends
Goldman Sachs Physical Gold ETF has disclosed Enterprise Value across 8 years of filings, most recently posting -$8.0 million for Q2 2026.
- In Q2 2026, Enterprise Value fell 182.57% year-over-year to -$8.0 million; the TTM figure through Jun 2026 stood at -$7.3 billion (down 140.15% YoY), while the FY2025 annual figure was -$532.9 million, down 12477.7% from the prior year.
- Enterprise Value came in at -$8.0 million for Q2 2026 at Goldman Sachs Physical Gold ETF, down from $44.9 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $44.9 million in Q1 2026 to a low of -$532.9 million in Q4 2025.
- Average Enterprise Value over 5 years is -$30.0 million, with a median of $276026.9 recorded in 2023.
- Year-over-year, Enterprise Value jumped 8627.25% in 2024 and tumbled 12477.7% in 2025.
- Over 5 years, Enterprise Value stood at $2.6 million in 2022, then tumbled by 98.09% to $49330.5 in 2023, then jumped by 8627.25% to $4.3 million in 2024, then plunged by 12477.7% to -$532.9 million in 2025, then surged by 98.5% to -$8.0 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$8.0 million in Q2 2026, $44.9 million in Q1 2026, and -$532.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - |
| 10 | Goldman Sachs Physical Gold ETF | 2.65 Bn | 2.65 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.00 Mn |
| Mar 31, 2026 | 44.93 Mn |
| Dec 31, 2025 | -532.88 Mn |
| Sep 30, 2025 | 18.11 Mn |
| Jun 30, 2025 | 9.69 Mn |
| Mar 31, 2025 | 3.90 Mn |
| Dec 31, 2024 | 4.31 Mn |
| Sep 30, 2024 | 502,723.29 |
| Jun 30, 2024 | -1.80 Mn |
| Mar 31, 2024 | 1.92 Mn |
| Dec 31, 2023 | 49,330.46 |
| Sep 30, 2023 | -6.39 Mn |
| Jun 30, 2023 | 2.71 Mn |
| Mar 31, 2023 | -2.23 Mn |
| Dec 31, 2022 | 2.58 Mn |
| Sep 30, 2022 | -2.32 Mn |
| Jun 30, 2022 | -3.51 Mn |
| Mar 31, 2022 | -70.70 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Sep 30, 2021 | 2.92 Mn |