World Gold Trust (GLDM) Operating Expenses (2017 - 2026)
World Gold Trust's (GLDM) quarterly Operating Expenses came in at $7.5 million in Q2 2026, up 105.89% year-over-year from $3.7 million in Q2 2025, and little changed quarter-over-quarter from $7.5 million in Q1 2026.
Analysis
World Gold Trust (GLDM) Operating Expenses (2017 - 2026) Analysis & Trends
World Gold Trust (GLDM) has reported Operating Expenses for 10 consecutive years, with $7.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 105.89% year-over-year to $7.5 million in Q2 2026; TTM through Jun 2026 was $25.5 million, a 137.49% increase from a year earlier, with the FY2025 full-year figure at $13.1 million, up 85.63% from the prior year.
- Operating Expenses was $7.5 million for Q2 2026 at World Gold Trust, roughly flat from $7.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.5 million in Q2 2026 and troughed at $1.2 million in Q4 2022.
- A 5-year average of $2.8 million and a median of $1.7 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 37.96% in 2022 and jumped 185.81% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $1.2 million in 2022, then advanced by 22.32% to $1.5 million in 2023, then jumped by 55.28% to $2.3 million in 2024, then surged by 155.51% to $6.0 million in 2025, then climbed by 26.21% to $7.5 million in 2026.
- The last three Operating Expenses figures came in at $7.5 million (Q2 2026), $7.5 million (Q1 2026), and $6.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 149.76 Mn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 43.37 Mn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 7.55 Mn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 3.41 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 44.44 Mn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 2.14 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 1.46 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 486.70 Mn |
| 10 | Voya Financial | 9.31 Bn | 6.96 Bn | 1.34 Bn | 1.86 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.55 Mn |
| Mar 31, 2026 | 7.53 Mn |
| Dec 31, 2025 | 5.98 Mn |
| Sep 30, 2025 | 4.42 Mn |
| Jun 30, 2025 | 3.67 Mn |
| Mar 31, 2025 | 2.64 Mn |
| Dec 31, 2024 | 2.34 Mn |
| Sep 30, 2024 | 2.09 Mn |
| Jun 30, 2024 | 1.84 Mn |
| Mar 31, 2024 | 1.60 Mn |
| Dec 31, 2023 | 1.51 Mn |
| Sep 30, 2023 | 1.52 Mn |
| Jun 30, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.41 Mn |
| Dec 31, 2022 | 1.23 Mn |
| Sep 30, 2022 | 1.26 Mn |
| Jun 30, 2022 | 1.31 Mn |
| Mar 31, 2022 | 1.64 Mn |
| Dec 31, 2021 | 1.96 Mn |
| Sep 30, 2021 | 2.02 Mn |