iShares Silver Trust (SLV) Operating Income (2014 - 2026)

iShares Silver Trust's (SLV) quarterly Operating Income came in at -$52.7 million in Q1 2026, down 200.97% year-on-year from $52.2 million in Q1 2025, and down 51.46% quarter-over-quarter from -$34.8 million in Q4 2025.

iShares Silver Trust (SLV) Operating Income (2014 - 2026) Analysis & Trends

iShares Silver Trust's Operating Income history runs 13 years deep, the most recent figure standing at -$52.7 million for Q1 2026.

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

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -52.73 Mn
Dec 31, 2025 -34.81 Mn
Sep 30, 2025 -24.02 Mn
Jun 30, 2025 -19.19 Mn
Mar 31, 2025 -17.52 Mn
Dec 31, 2024 -18.55 Mn
Sep 30, 2024 -16.93 Mn
Jun 30, 2024 -15.25 Mn
Mar 31, 2024 -12.54 Mn
Dec 31, 2023 -12.93 Mn
Sep 30, 2023 -13.38 Mn
Jun 30, 2023 -14.12 Mn
Mar 31, 2023 -13.13 Mn
Dec 31, 2022 -12.68 Mn
Sep 30, 2022 -11.85 Mn
Jun 30, 2022 -15.94 Mn
Mar 31, 2022 -15.97 Mn
Dec 31, 2021 -16.02 Mn
Sep 30, 2021 -16.97 Mn
Jun 30, 2021 -18.94 Mn