Sprott Physical Gold & Silver Trust (CEF) Operating Expenses (2018 - 2026)
Sprott Physical Gold & Silver Trust (CEF) posted quarterly Operating Expenses of $11.4 million for Q1 2026, up 76.88% year-over-year from $6.4 million in Q1 2025, and up 28.45% quarter-over-quarter from $8.8 million in Q4 2025.
Sprott Physical Gold & Silver Trust (CEF) Operating Expenses (2018 - 2026) Analysis & Trends
Sprott Physical Gold & Silver Trust's Operating Expenses history runs 9 years deep, the most recent figure standing at $11.4 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 76.88% year-over-year to $11.4 million; the TTM figure through Mar 2026 stood at $35.0 million (up 43.04% YoY), while the FY2025 annual figure was $30.1 million, up 30.3% from the prior year.
- Operating Expenses for Q1 2026 stood at $11.4 million, up from $8.8 million in the prior quarter.
- The five-year high for Operating Expenses was $11.4 million in Q1 2026, with the low at -$15.3 million in Q4 2023.
- The 5-year median for Operating Expenses is $5.2 million (2023), against an average of $3.8 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 12.4% in 2022, then surged 141.2% in 2024.
- Sprott Physical Gold & Silver Trust's Operating Expenses stood at -$14.6 million in 2022, then fell by 4.79% to -$15.3 million in 2023, then jumped by 141.2% to $6.3 million in 2024, then surged by 40.42% to $8.8 million in 2025, then increased by 28.45% to $11.4 million in 2026.
- Business Quant data shows CEF's Operating Expenses at $11.4 million in Q1 2026, $8.8 million in Q4 2025, and $7.7 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.35 Mn |
| Dec 31, 2025 | 8.84 Mn |
| Sep 30, 2025 | 7.71 Mn |
| Jun 30, 2025 | 7.12 Mn |
| Mar 31, 2025 | 6.42 Mn |
| Dec 31, 2024 | 6.29 Mn |
| Sep 30, 2024 | 6.05 Mn |
| Jun 30, 2024 | 5.72 Mn |
| Mar 31, 2024 | 5.02 Mn |
| Dec 31, 2023 | -15.27 Mn |
| Sep 30, 2023 | 5.11 Mn |
| Jun 30, 2023 | 5.20 Mn |
| Mar 31, 2023 | 4.97 Mn |
| Dec 31, 2022 | -14.58 Mn |
| Sep 30, 2022 | 4.58 Mn |
| Jun 30, 2022 | 4.97 Mn |
| Mar 31, 2022 | 5.03 Mn |
| Dec 31, 2021 | -15.80 Mn |
| Sep 30, 2021 | 5.23 Mn |
| Jun 30, 2021 | 4.99 Mn |