Goldman Sachs Physical Gold ETF (AAAU) Share-based Compensation (2022 - 2026)
Goldman Sachs Physical Gold ETF's (AAAU) quarterly Share-based Compensation came in at $53.5 million in Q2 2026, down 76.98% year-over-year from $232.3 million in Q2 2025, and down 62.85% quarter-over-quarter from $144.0 million in Q1 2026.
Analysis
Goldman Sachs Physical Gold ETF (AAAU) Share-based Compensation (2022 - 2026) Analysis & Trends
Goldman Sachs Physical Gold ETF has disclosed Share-based Compensation across 5 years of filings, most recently posting $53.5 million for Q2 2026.
- In Q2 2026, Share-based Compensation fell 76.98% year-over-year to $53.5 million; the TTM figure through Jun 2026 stood at $670.4 million (up 16.09% YoY), while the FY2025 annual figure was $922.1 million, up 378.13% from the prior year.
- Share-based Compensation came in at $53.5 million for Q2 2026 at Goldman Sachs Physical Gold ETF, down from $144.0 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $312.1 million in Q4 2025 to a low of $10.0 million in Q1 2024.
- Average Share-based Compensation over 5 years is $132.7 million, with a median of $130.9 million recorded in 2022.
- Year-over-year, Share-based Compensation tumbled 94.42% in 2024 and surged 2061.06% in 2025.
- Over 5 years, Share-based Compensation stood at $23.5 million in 2022, then jumped by 245.75% to $81.2 million in 2023, then sank by 37.07% to $51.1 million in 2024, then surged by 510.66% to $312.1 million in 2025, then tumbled by 82.86% to $53.5 million in 2026.
- Per Business Quant data, the three most recent Share-based Compensation figures were $53.5 million in Q2 2026, $144.0 million in Q1 2026, and $312.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 57.00 Mn |
| 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 | - | 22.60 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 31.30 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 30.30 Mn |
| 10 | Goldman Sachs Physical Gold ETF | 2.65 Bn | 2.65 Bn | - | 53.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.49 Mn |
| Mar 31, 2026 | 144.00 Mn |
| Dec 31, 2025 | 312.05 Mn |
| Sep 30, 2025 | 160.85 Mn |
| Jun 30, 2025 | 232.34 Mn |
| Mar 31, 2025 | 216.87 Mn |
| Dec 31, 2024 | 51.10 Mn |
| Sep 30, 2024 | 77.17 Mn |
| Jun 30, 2024 | 54.56 Mn |
| Mar 31, 2024 | 10.04 Mn |
| Dec 31, 2023 | 81.20 Mn |
| Jun 30, 2023 | 172.09 Mn |
| Mar 31, 2023 | 179.90 Mn |
| Dec 31, 2022 | 23.49 Mn |
| Sep 30, 2022 | 84.96 Mn |
| Jun 30, 2022 | 130.93 Mn |
| Mar 31, 2022 | 270.15 Mn |