Spdr Gold Trust annual operating expenses
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Spdr Gold Trust Operating Expenses Growth & History (GLD)
Spdr Gold Trust's operating expenses was $363.1M for fiscal 2025.
View full Spdr Gold Trust company overviewSpdr Gold Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $363.1M | $121.0M | +49.98% |
| 2024 | 2024-09-30 | $242.1M | $20.5M | +9.24% |
| 2023 | 2023-09-30 | $221.6M | −$16.9M | −7.08% |
| 2022 | 2022-09-30 | $238.5M | −$19.1M | −7.41% |
| 2021 | 2021-09-30 | $257.6M | $32.0M | +14.17% |
| 2020 | 2020-09-30 | $225.6M | $90.5M | +66.92% |
| 2019 | 2019-09-30 | $135.2M | −$1.1M | −0.83% |
| 2018 | 2018-09-30 | $136.3M | $216,000 | +0.16% |
| 2017 | 2017-09-30 | $136.1M | $9.0M | +7.09% |
| 2016 | 2016-09-30 | $127.1M | $13.0M | +11.36% |
| 2015 | 2015-09-30 | $114.1M | −$19.6M | −14.69% |
| 2014 | 2014-09-30 | $133.8M | −$96.0M | −41.78% |
| 2013 | 2013-09-30 | $229.7M | −$42.0M | −15.47% |
| 2012 | 2012-09-30 | $271.8M | $33.0M | +13.84% |
| 2011 | 2011-09-30 | $238.7M | $61.6M | +34.78% |
| 2010 | 2010-09-30 | $177.1M | $63.5M | +55.90% |
| 2009 | 2009-09-30 | $113.6M | $43.0M | +60.98% |
| 2008 | 2008-09-30 | $70.6M | $30.9M | +77.91% |
| 2007 | 2007-09-30 | $39.7M | — | — |
Spdr Gold Trust quarterly operating expenses
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Q3.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $149.8M | $50.9M | +51.53% |
| Q2 2026 | 2026-03-31 | $165.7M | $85.3M | +106.12% |
| Q1 2026 | 2025-12-31 | $140.4M | $64.7M | +85.51% |
| Q4 2025 | 2025-09-30 | $108.2M | $39.9M | +58.35% |
| Q3 2025 | 2025-06-30 | $98.8M | $36.7M | +59.06% |
| Q2 2025 | 2025-03-31 | $80.4M | $24.5M | +43.81% |
| Q1 2025 | 2024-12-31 | $75.7M | $19.9M | +35.78% |
| Q4 2024 | 2024-09-30 | $68.3M | $12.2M | +21.70% |
| Q3 2024 | 2024-06-30 | $62.1M | $3.0M | +5.15% |
| Q2 2024 | 2024-03-31 | $55.9M | $1.0M | +1.84% |
| Q1 2024 | 2023-12-31 | $55.7M | $4.3M | +8.26% |
| Q4 2023 | 2023-09-30 | $56.1M | $583,000 | +1.05% |
| Q3 2023 | 2023-06-30 | $59.1M | −$5.7M | −8.77% |
| Q2 2023 | 2023-03-31 | $54.9M | −$6.2M | −10.13% |
| Q1 2023 | 2022-12-31 | $51.5M | −$5.6M | −9.82% |
| Q4 2022 | 2022-09-30 | $55.6M | −$3.4M | −5.80% |
| Q3 2022 | 2022-06-30 | $64.8M | $4.7M | +7.75% |
| Q2 2022 | 2022-03-31 | $61.1M | −$2.9M | −4.55% |
| Q1 2022 | 2021-12-31 | $57.1M | −$17.4M | −23.38% |
| Q4 2021 | 2021-09-30 | $59.0M | −$17.5M | −22.91% |
| Q3 2021 | 2021-06-30 | $60.1M | $741,000 | +1.25% |
| Q2 2021 | 2021-03-31 | $64.0M | $17.5M | +37.65% |
| Q1 2021 | 2020-12-31 | $74.5M | $31.3M | +72.23% |
| Q4 2020 | 2020-09-30 | $76.5M | $35.9M | +88.58% |
| Q3 2020 | 2020-06-30 | $59.4M | $27.7M | +87.36% |
| Q2 2020 | 2020-03-31 | $46.5M | $13.7M | +41.92% |
| Q1 2020 | 2019-12-31 | $43.3M | $13.1M | +43.44% |
| Q4 2019 | 2019-09-30 | $40.6M | $10.1M | +33.14% |
| Q3 2019 | 2019-06-30 | $31.7M | −$3.9M | −11.00% |
| Q2 2019 | 2019-03-31 | $32.7M | −$2.5M | −7.06% |
| Q1 2019 | 2018-12-31 | $30.2M | −$4.8M | −13.78% |
| Q4 2018 | 2018-09-30 | $30.5M | −$3.5M | −10.35% |
| Q3 2018 | 2018-06-30 | $35.6M | $1.3M | +3.73% |
| Q2 2018 | 2018-03-31 | $35.2M | $3.4M | +10.63% |
| Q1 2018 | 2017-12-31 | $35.0M | −$930,000 | −2.59% |
| Q4 2017 | 2017-09-30 | $34.0M | −$7.3M | −17.67% |
| Q3 2017 | 2017-06-30 | $34.3M | −$85,000 | −0.25% |
| Q2 2017 | 2017-03-31 | $31.8M | $4.3M | +15.57% |
| Q1 2017 | 2016-12-31 | $35.9M | $12.1M | +50.80% |
| Q4 2016 | 2016-09-30 | $41.3M | $16.3M | +65.42% |
| Q3 2016 | 2016-06-30 | $34.4M | $6.8M | +24.44% |
| Q2 2016 | 2016-03-31 | $27.6M | −$2.3M | −7.56% |
| Q1 2016 | 2015-12-31 | $23.8M | −$7.9M | −24.83% |
| Q4 2015 | 2015-09-30 | $25.0M | −$8.0M | −24.31% |
| Q3 2015 | 2015-06-30 | $27.7M | −$5.0M | −15.21% |
| Q2 2015 | 2015-03-31 | $29.8M | −$3.0M | −9.23% |
| Q1 2015 | 2014-12-31 | $31.7M | −$3.6M | −10.29% |
| Q4 2014 | 2014-09-30 | $33.0M | −$6.8M | −17.00% |
| Q3 2014 | 2014-06-30 | $32.6M | −$15.8M | −32.64% |
| Q2 2014 | 2014-03-31 | $32.8M | −$34.1M | −50.91% |
| Q1 2014 | 2013-12-31 | $35.3M | −$39.4M | −52.71% |
| Q4 2013 | 2013-09-30 | $39.7M | −$28.7M | −41.91% |
| Q3 2013 | 2013-06-30 | $48.4M | −$17.5M | −26.54% |
| Q2 2013 | 2013-03-31 | $66.9M | −$1.9M | −2.81% |
| Q1 2013 | 2012-12-31 | $74.7M | $6.1M | +8.83% |
| Q4 2012 | 2012-09-30 | $68.4M | −$379,000 | −0.55% |
| Q3 2012 | 2012-06-30 | $65.9M | $7.4M | +12.63% |
| Q2 2012 | 2012-03-31 | $68.8M | $14.6M | +27.03% |
| Q1 2012 | 2011-12-31 | $68.6M | $11.4M | +19.89% |
| Q4 2011 | 2011-09-30 | $68.8M | $17.2M | +33.26% |
| Q3 2011 | 2011-06-30 | $58.5M | $11.9M | +25.44% |
| Q2 2011 | 2011-03-31 | $54.2M | $15.1M | +38.53% |
| Q1 2011 | 2010-12-31 | $57.2M | $17.5M | +44.04% |
| Q4 2010 | 2010-09-30 | $51.6M | $17.9M | +53.07% |
| Q3 2010 | 2010-06-30 | $46.7M | $13.6M | +41.15% |
| Q2 2010 | 2010-03-31 | $39.1M | $11.8M | +43.38% |
| Q1 2010 | 2009-12-31 | $39.7M | $20.2M | +103.21% |
| Q4 2009 | 2009-09-30 | $33.7M | — | — |
| Q3 2009 | 2009-06-30 | $33.1M | $15.5M | +88.77% |
| Q2 2009 | 2009-03-31 | $27.3M | — | — |
| Q1 2009 | 2008-12-31 | $19.6M | — | — |
| Q3 2008 | 2008-06-30 | $17.5M | — | — |
Spdr Gold Trust operating expenses trends
Over the last five fiscal years, Spdr Gold Trust's operating expenses increased from $225.6M to $363.1M, a change of $137.5M. The latest reported quarter, Q3 2026, shows $149.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spdr Gold Trust source filings ↗