Spdr Gold Trust (GLD) Operating Expenses (2009 - 2026)
Spdr Gold Trust (GLD) posted quarterly Operating Expenses of $165.7 million for Q1 2026, up 106.12% year-over-year from $80.4 million in Q1 2025, and up 17.97% quarter-over-quarter from $140.4 million in Q4 2025.
Spdr Gold Trust (GLD) Operating Expenses (2009 - 2026) Analysis & Trends
Spdr Gold Trust (GLD) has reported Operating Expenses for 18 consecutive years, with $165.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 106.12% year-over-year to $165.7 million; the TTM figure through Mar 2026 stood at $513.1 million (up 79.08% YoY), while the FY2025 annual figure was $363.1 million, up 49.98% from the prior year.
- Operating Expenses advanced to $165.7 million in Q1 2026 per GLD's latest filing, from $140.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $165.7 million in Q1 2026 and bottomed at $51.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $77.3 million across 5 years, with a median of $62.1 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses slipped 10.13% — and 2026, when it surged 106.12%.
- Spdr Gold Trust's Operating Expenses stood at $51.5 million in 2022, then grew by 8.26% to $55.7 million in 2023, then surged by 35.78% to $75.7 million in 2024, then jumped by 85.51% to $140.4 million in 2025, then gained by 17.97% to $165.7 million in 2026.
- Business Quant data shows GLD's Operating Expenses at $165.7 million in Q1 2026, $140.4 million in Q4 2025, and $108.2 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 149.76 Mn |
| Mar 31, 2026 | 165.65 Mn |
| Dec 31, 2025 | 140.41 Mn |
| Sep 30, 2025 | 108.19 Mn |
| Jun 30, 2025 | 98.83 Mn |
| Mar 31, 2025 | 80.37 Mn |
| Dec 31, 2024 | 75.69 Mn |
| Sep 30, 2024 | 68.33 Mn |
| Jun 30, 2024 | 62.14 Mn |
| Mar 31, 2024 | 55.88 Mn |
| Dec 31, 2023 | 55.75 Mn |
| Sep 30, 2023 | 56.15 Mn |
| Jun 30, 2023 | 59.09 Mn |
| Mar 31, 2023 | 54.88 Mn |
| Dec 31, 2022 | 51.50 Mn |
| Sep 30, 2022 | 55.56 Mn |
| Jun 30, 2022 | 64.77 Mn |
| Mar 31, 2022 | 61.06 Mn |
| Dec 31, 2021 | 57.11 Mn |
| Sep 30, 2021 | 58.98 Mn |