Goldman Sachs Physical Gold ETF AAAU
CBOE AAAU
$43.72 -0.36 (-0.82%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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