Sprott Physical Platinum & Palladium Trust (SPPP) Operating Expenses (2013 - 2026)

Sprott Physical Platinum & Palladium Trust (SPPP) reported Operating Expenses of $1.5 million for Q1 2026, up 216.99% on a YoY basis from $465000.0 in Q1 2025, and down 18.16% quarter-over-quarter from $1.8 million in Q4 2025.

Sprott Physical Platinum & Palladium Trust (SPPP) Operating Expenses (2013 - 2026) Analysis & Trends

Sprott Physical Platinum & Palladium Trust has reported Operating Expenses for 14 years, with the latest figure at $1.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 216.99% year-over-year to $1.5 million; the trailing twelve-month figure through Mar 2026 stood at $4.7 million (up 198.27% YoY), and the FY2025 full-year result was $3.6 million, up 159.97% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.5 million, down from $1.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.8 million in Q4 2025, with the low at $282000.0 in Q4 2022.
  • Historically, Operating Expenses has averaged $537705.9 across 5 years, with a median of $359000.0 in 2022.
  • Annual changes were most pronounced in 2023 — Operating Expenses decreased 17.27% — and 2025, when it soared 367.79%.
  • Sprott Physical Platinum & Palladium Trust's Operating Expenses stood at $282000.0 in 2022, then gained by 21.28% to $342000.0 in 2023, then gained by 12.57% to $385000.0 in 2024, then soared by 367.79% to $1.8 million in 2025, then retreated by 18.16% to $1.5 million in 2026.
  • The last three Operating Expenses figures came in at $1.5 million (Q1 2026), $1.8 million (Q4 2025), and $846000.0 (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 1.47 Mn
Dec 31, 2025 1.80 Mn
Sep 30, 2025 846,000.00
Jun 30, 2025 538,000.00
Mar 31, 2025 465,000.00
Dec 31, 2024 385,000.00
Sep 30, 2024 371,000.00
Jun 30, 2024 341,000.00
Mar 31, 2024 307,000.00
Dec 31, 2023 342,000.00
Sep 30, 2023 297,000.00
Jun 30, 2023 314,000.00
Mar 31, 2023 314,000.00
Dec 31, 2022 282,000.00
Sep 30, 2022 359,000.00
Jun 30, 2022 335,000.00
Mar 31, 2022 370,000.00
Sep 30, 2021 378,000.00
Jun 30, 2021 394,000.00
Mar 31, 2021 355,000.00