Sprott Physical Platinum & Palladium Trust (SPPP) Operating Expenses (2013 - 2026)
Sprott Physical Platinum & Palladium Trust (SPPP) posted Operating Expenses of $1.44 million for the quarter ended Jun 30, 2026, up 166.7% from $538,000 a year earlier but down 2.6% from the prior quarter.
Sprott Physical Platinum & Palladium Trust (SPPP) Operating Expenses (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Sprott Physical Platinum & Palladium Trust was $3.21 million, up 136.6% year-over-year; for the year ended Dec 31, 2025, it was $1.3 million, up 30.0% from the prior year.
- Annual Operating Expenses shows a five-year compound annual growth rate of -9.1% (years ended Dec 2020 to Dec 2025).
- In prior years, Sprott Physical Platinum & Palladium Trust's Operating Expenses was $1 million in the year ended Dec 31, 2024 (-16.7%), $1.2 million in the year ended Dec 31, 2023 (-14.3%), $1.4 million in the year ended Dec 31, 2022 (-22.2%) and $1.8 million in the year ended Dec 31, 2021 (-14.3%).
- Quarterly Operating Expenses has run from a low of -$549,000 in the quarter ended Dec 31, 2025 to a high of $1.47 million in the quarter ended Mar 31, 2026 over five years.
- The strongest year-over-year quarter for Operating Expenses in the past five years was the quarter ended Mar 31, 2026, with growth of 217.0%; the weakest was the quarter ended Dec 31, 2023, with a decline of 18.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $1.47 million (quarter ended Mar 31, 2026), -$549,000 (quarter ended Dec 31, 2025) and $846,000 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 200.99 Bn | 144.17 Bn | - | - |
| 2 | Bank Of Nova Scotia | 115.36 Bn | -316.04 Bn | - | 3.98 Bn |
| 3 | Nokia | 49.56 Bn | 49.56 Bn | 2.58 Bn | 2.56 Bn |
| 4 | Haleon | 45.66 Bn | 39.36 Bn | - | - |
| 5 | Gold Fields | 31.50 Bn | 28.42 Bn | - | - |
| 6 | Smith & Nephew | 26.74 Bn | 24.14 Bn | - | 1.56 Bn |
| 7 | Sprott Physical Gold Trust | 14.42 Bn | 14.28 Bn | - | 30.00 |
| 8 | Magnum Ice Cream | 11.88 Bn | 10.57 Bn | - | - |
| 9 | Sprott Physical Silver Trust | 10.62 Bn | 10.29 Bn | - | 30.00 |
| 10 | Sprott Physical Platinum & Palladium Trust | 518.88 Mn | 478.70 Mn | - | 40.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.00 |
| Mar 31, 2026 | 30.00 |
| Dec 31, 2025 | 50.00 |
| Sep 30, 2025 | 30.00 |
| Jun 30, 2025 | 30.00 |
| Mar 31, 2025 | 20.00 |
| Dec 31, 2024 | 20.00 |
| Sep 30, 2024 | 30.00 |
| Jun 30, 2024 | 20.00 |
| Mar 31, 2024 | 30.00 |
| Dec 31, 2023 | 30.00 |
| Sep 30, 2023 | 30.00 |
| Jun 30, 2023 | 30.00 |
| Mar 31, 2023 | 30.00 |
| Dec 31, 2022 | 30.00 |
| Sep 30, 2022 | 359,000.00 |
| Jun 30, 2022 | 335,000.00 |
| Mar 31, 2022 | 40.00 |
| Sep 30, 2021 | 378,000.00 |
| Jun 30, 2021 | 394,000.00 |
Sprott Physical Platinum & Palladium 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=SPPP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SPPP", "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=SPPP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();