Sprott Physical Gold Trust (PHYS) Operating Expenses (2011 - 2026)

Sprott Physical Gold Trust has disclosed Operating Expenses across 16 years of filings, most recently posting $17.4 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $17.4 million, up 86.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.0 million (up 70.34% YoY), and the FY2025 annual result was $49.9 million, up 59.75% from the prior year.
• Operating Expenses came in at $17.4 million for Q1 2026 at Sprott Physical Gold Trust, up from $16.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $17.4 million in Q1 2026 to a low of $5.4 million in Q1 2022.
• The 5-year median for Operating Expenses is $6.6 million (2024), against an average of $8.6 million.
• Across the five-year window, Operating Expenses rose 3.7% in 2022 and soared 86.13% in 2026, its largest moves.
• Sprott Physical Gold Trust's Operating Expenses stood at $5.8 million in 2022, then rose by 9.48% to $6.4 million in 2023, then jumped by 41.67% to $9.0 million in 2024, then surged by 82.73% to $16.5 million in 2025, then grew by 5.44% to $17.4 million in 2026.
• The last three Operating Expenses figures came in at $17.4 million (Q1 2026), $16.5 million (Q4 2025), and $12.6 million (Q3 2025), per Business Quant data.