Ishares Gold Trust IAU
NYSE IAU
$81.94 -1.45 (-1.74%)
As of: Sep 8, 2026 · 3:59 PM EDT

Ishares Gold Trust (IAU) Operating Expenses (2010 - 2026)

Ishares Gold Trust's (IAU) quarterly Operating Expenses came in at $43.4 million in Q2 2026, up 51.75% year-over-year from $28.6 million in Q2 2025, and down 8.53% quarter-over-quarter from $47.4 million in Q1 2026.

Analysis

Ishares Gold Trust (IAU) Operating Expenses (2010 - 2026) Analysis & Trends

Ishares Gold Trust has disclosed Operating Expenses across 17 years of filings, most recently posting $43.4 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 51.75% year-over-year to $43.4 million; the TTM figure through Jun 2026 stood at $163.4 million (up 80.09% YoY), while the FY2025 annual figure was $124.0 million, up 69.01% from the prior year.
  • Operating Expenses came in at $43.4 million for Q2 2026 at Ishares Gold Trust, down from $47.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $47.4 million in Q1 2026 to a low of $16.0 million in Q4 2022.
  • Average Operating Expenses over 5 years is $23.7 million, with a median of $18.6 million recorded in 2022.
  • Year-over-year, Operating Expenses slipped 11.07% in 2022 and jumped 107.81% in 2026.
  • Over 5 years, Operating Expenses stood at $16.0 million in 2022, then grew by 0.35% to $16.1 million in 2023, then increased by 28.9% to $20.7 million in 2024, then surged by 97.1% to $40.8 million in 2025, then rose by 6.24% to $43.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $43.4 million in Q2 2026, $47.4 million in Q1 2026, and $40.8 million in Q4 2025.
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

Historic Data

Download Data
DateValue
Jun 30, 2026 43.37 Mn
Mar 31, 2026 47.41 Mn
Dec 31, 2025 40.82 Mn
Sep 30, 2025 31.81 Mn
Jun 30, 2025 28.58 Mn
Mar 31, 2025 22.81 Mn
Dec 31, 2024 20.71 Mn
Sep 30, 2024 18.64 Mn
Jun 30, 2024 17.83 Mn
Mar 31, 2024 16.21 Mn
Dec 31, 2023 16.07 Mn
Sep 30, 2023 17.07 Mn
Jun 30, 2023 17.92 Mn
Mar 31, 2023 16.71 Mn
Dec 31, 2022 16.01 Mn
Sep 30, 2022 17.48 Mn
Jun 30, 2022 19.45 Mn
Mar 31, 2022 18.51 Mn
Dec 31, 2021 18.01 Mn
Sep 30, 2021 18.06 Mn