iShares Silver Trust (SLV) Operating Expenses (2010 - 2026)

iShares Silver Trust's Operating Expenses history runs 17 years deep, the most recent figure standing at $52.7 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 200.97% year-over-year to $52.7 million in Q1 2026; TTM through Mar 2026 was $130.8 million, a 91.57% increase from a year earlier, with the FY2025 full-year figure at $95.5 million, up 51.01% from the prior year.
• Operating Expenses rose to $52.7 million in Q1 2026 per SLV's latest filing, from $34.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $52.7 million in Q1 2026 and bottomed at $11.9 million in Q3 2022.
• The 5-year median for Operating Expenses is $15.9 million (2022), against an average of $18.9 million.
• Across the five-year window, Operating Expenses tumbled 30.13% in 2022 and surged 200.97% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $12.7 million in 2022, then increased by 2.0% to $12.9 million in 2023, then jumped by 43.47% to $18.6 million in 2024, then jumped by 87.64% to $34.8 million in 2025, then jumped by 51.46% to $52.7 million in 2026.
• Per Business Quant, the three latest SLV Operating Expenses figures stand at $52.7 million (Q1 2026), $34.8 million (Q4 2025), and $24.0 million (Q3 2025).