iShares S&P GSCI Commodity-Indexed Trust GSG
NYSE GSG
$35.38 +0.54 (+1.56%)
As of: Sep 8, 2026 · 3:59 PM EDT

iShares S&P GSCI Commodity-Indexed Trust (GSG) Operating Margin (2013 - 2026)

iShares S&P GSCI Commodity-Indexed Trust (GSG) posted Operating Margin of 78.04% for Q2 2026, little changed on a QoQ basis from 78.08% in Q1 2026, and down 255.0% year-over-year from 50.35% in Q2 2025.

Analysis

iShares S&P GSCI Commodity-Indexed Trust (GSG) Operating Margin (2013 - 2026) Analysis & Trends

iShares S&P GSCI Commodity-Indexed Trust has reported Operating Margin for 14 years, with the latest figure at 78.04% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 255.0% year-over-year to 78.04% in Q2 2026; TTM through Jun 2026 was 79.23%, a 324.0% decrease from a year earlier, with the FY2025 full-year figure at 80.51%, down 365.0% from the prior year.
  • Operating Margin was 78.04% for Q2 2026 at iShares S&P GSCI Commodity-Indexed Trust, roughly flat from 78.08% in the prior quarter.
  • The five-year high for Operating Margin was 84.96% in Q3 2024, with the low at 763.96% in Q1 2022.
  • Average Operating Margin over 5 years is 25.42%, with a median of 81.05% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 509055 bps in 2022, then sank 391 bps in 2025.
  • Over 5 years, Operating Margin stood at 74.53% in 2022, then grew by 14 bps to 84.7% in 2023, then retreated by 2 bps to 82.61% in 2024, then fell by 4 bps to 79.33% in 2025, then dropped by 2 bps to 78.04% in 2026.
  • The last three Operating Margin figures came in at 78.04% (Q2 2026), 78.08% (Q1 2026), and 79.33% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 34.74%
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 33.33%
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 9.15%
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 19.95%
9 Affiliated Managers 9.51 Bn 9.10 Bn - -
10 iShares S&P GSCI Commodity-Indexed Trust 2.17 Bn 567.81 Mn - 78.04%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 78.04%
Mar 31, 2026 78.08%
Dec 31, 2025 79.33%
Sep 30, 2025 81.05%
Jun 30, 2025 80.59%
Mar 31, 2025 81.05%
Dec 31, 2024 82.61%
Sep 30, 2024 84.96%
Jun 30, 2024 84.35%
Mar 31, 2024 84.49%
Dec 31, 2023 84.70%
Sep 30, 2023 83.92%
Jun 30, 2023 81.89%
Mar 31, 2023 81.27%
Dec 31, 2022 74.53%
Sep 30, 2022 51.43%
Jun 30, 2022 -50.83%
Mar 31, 2022 -763.96%
Dec 31, 2021 -2,132.36%
Sep 30, 2021 -2,870.96%