iShares Silver Trust (SLV) Operating Expenses (2009 - 2026)
iShares Silver Trust's Operating Expenses came in at $44.44 million for Q2 2026, up 131.6% from $19.19 million a year earlier but down 15.7% from the prior quarter.
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Analysis
iShares Silver Trust (SLV) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, iShares Silver Trust reported Operating Expenses of $140.38 million, up 127.1% year-over-year; for FY2025, it was $95.55 million, up 51.0% from FY2024.
- Going back by year, Operating Expenses was $63.27 million in FY2024.
- The five-year range for quarterly Operating Expenses is $16.93 million (Q3 2024) to $52.73 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Spdr Gold Trust | 129.47 Bn | -428.53 Bn | - | 149.76 Mn |
| 2 | Blackstone | 89.62 Bn | 84.55 Bn | - | 2.38 Bn |
| 3 | Brookfield | 85.29 Bn | -97.80 Bn | - | 14.94 Bn |
| 4 | Kkr | 82.26 Bn | 48.74 Bn | - | 5.41 Bn |
| 5 | Wheaton Precious Metals | 55.56 Bn | 50.98 Bn | 687.86 Mn | 133.83 Mn |
| 6 | Franco Nevada | 44.49 Bn | 41.85 Bn | 451.00 Mn | 5.30 Mn |
| 7 | World Gold Trust | 27.17 Bn | -75.90 Bn | - | 7.55 Mn |
| 8 | Ishares Gold Trust | 25.18 Bn | 25.18 Bn | - | 43.37 Mn |
| 9 | iShares Silver Trust | 18.86 Bn | 18.86 Bn | - | 44.44 Mn |
| 10 | Carlyle | 13.69 Bn | 8.54 Bn | - | 875.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.44 Mn |
| Mar 31, 2026 | 52.73 Mn |
| Sep 30, 2025 | 24.02 Mn |
| Jun 30, 2025 | 19.19 Mn |
| Mar 31, 2025 | 17.52 Mn |
| Sep 30, 2024 | 16.93 Mn |
| Dec 31, 2019 | 8.17 Mn |
| Sep 30, 2019 | 7.82 Mn |
| Jun 30, 2019 | 5.82 Mn |
| Mar 31, 2019 | 5.95 Mn |
| Dec 31, 2018 | 5.96 Mn |
| Sep 30, 2018 | 6.24 Mn |
| Jun 30, 2018 | 6.59 Mn |
| Mar 31, 2018 | 6.54 Mn |
| Dec 31, 2017 | 6.78 Mn |
| Sep 30, 2017 | 7.13 Mn |
| Jun 30, 2017 | 7.23 Mn |
| Mar 31, 2017 | 7.17 Mn |
| Dec 31, 2016 | 7.64 Mn |
| Sep 30, 2016 | 8.68 Mn |
API Access
iShares Silver Trust Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();