Spdr Gold Trust (GLD) Enterprise Value (2009 - 2026)
Spdr Gold Trust's (GLD) quarterly Enterprise Value came in at -$428.9 million in Q2 2026, down 214.32% year-over-year from $375.2 million in Q2 2025, and down 116.13% quarter-over-quarter from $2.7 billion in Q1 2026.
Analysis
Spdr Gold Trust (GLD) Enterprise Value (2009 - 2026) Analysis & Trends
Spdr Gold Trust (GLD) has reported Enterprise Value for 18 consecutive years, with -$428.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value fell 214.32% year-over-year to -$428.9 million in Q2 2026; TTM through Jun 2026 was -$428.3 billion, a 78.52% decrease from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 17191.97% from the prior year.
- Enterprise Value was -$428.9 million for Q2 2026 at Spdr Gold Trust, down from $2.7 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $67.9 billion in Q1 2022 and troughed at -$428.9 million in Q2 2026.
- A 5-year average of $32.5 billion and a median of $51.0 billion in 2022 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value jumped 17191.97% in 2025 and slumped 214.32% in 2026, its largest moves.
- Over 5 years, Enterprise Value stood at $53.8 billion in 2022, then advanced by 8.39% to $58.3 billion in 2023, then slumped by 99.45% to $318.9 million in 2024, then plunged by 155.5% to -$177.0 million in 2025, then slumped by 142.34% to -$428.9 million in 2026.
- The last three Enterprise Value figures came in at -$428.9 million (Q2 2026), $2.7 billion (Q1 2026), and -$177.0 million (Q4 2025), per Business Quant data.
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 | Voya Financial | 9.31 Bn | 6.96 Bn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -428.93 Mn |
| Mar 31, 2026 | 2.66 Bn |
| Dec 31, 2025 | -177.00 Mn |
| Sep 30, 2025 | 1.30 Bn |
| Jun 30, 2025 | 375.22 Mn |
| Mar 31, 2025 | 394.68 Mn |
| Dec 31, 2024 | 318.93 Mn |
| Sep 30, 2024 | -7.60 Mn |
| Jun 30, 2024 | 61.94 Bn |
| Mar 31, 2024 | 59.29 Bn |
| Dec 31, 2023 | 58.29 Bn |
| Sep 30, 2023 | 51.90 Bn |
| Jun 30, 2023 | 56.89 Bn |
| Mar 31, 2023 | 58.80 Bn |
| Dec 31, 2022 | 53.78 Bn |
| Sep 30, 2022 | 50.16 Bn |
| Jun 30, 2022 | 61.00 Bn |
| Mar 31, 2022 | 67.91 Bn |
| Dec 31, 2021 | 57.39 Bn |
| Sep 30, 2021 | 55.88 Bn |