World Gold Trust Operating Expenses Growth & History (GLDM)
World Gold Trust's operating expenses was $13.1M for fiscal 2025.
View full World Gold Trust company overviewWorld Gold Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $13.1M | $6.0M | +85.63% |
| 2024 | 2024-09-30 | $7.0M | $1.3M | +22.63% |
| 2023 | 2023-09-30 | $5.7M | −$420,000 | −6.82% |
| 2022 | 2022-09-30 | $6.2M | −$1.3M | −17.50% |
| 2021 | 2021-09-30 | $7.5M | $4.0M | +113.51% |
| 2020 | 2020-09-30 | $3.5M | $2.2M | +179.82% |
| 2019 | 2019-09-30 | $1.2M | $1.1M | +761.38% |
| 2018 | 2018-09-30 | $145,000 | $68,000 | +88.31% |
| 2017 | 2017-09-30 | $77,000 | — | — |
World Gold Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $7.5M | $3.9M | +105.89% |
| Q2 2026 | 2026-03-31 | $7.5M | $4.9M | +185.81% |
| Q1 2026 | 2025-12-31 | $6.0M | $3.6M | +155.51% |
| Q4 2025 | 2025-09-30 | $4.4M | $2.3M | +111.74% |
| Q3 2025 | 2025-06-30 | $3.7M | $1.8M | +98.75% |
| Q2 2025 | 2025-03-31 | $2.6M | $1.0M | +65.00% |
| Q1 2025 | 2024-12-31 | $2.3M | $833,000 | +55.28% |
| Q4 2024 | 2024-09-30 | $2.1M | $571,000 | +37.69% |
| Q3 2024 | 2024-06-30 | $1.8M | $265,000 | +16.78% |
| Q2 2024 | 2024-03-31 | $1.6M | $187,000 | +13.26% |
| Q1 2024 | 2023-12-31 | $1.5M | $275,000 | +22.32% |
| Q4 2023 | 2023-09-30 | $1.5M | $260,000 | +20.72% |
| Q3 2023 | 2023-06-30 | $1.6M | $270,000 | +20.63% |
| Q2 2023 | 2023-03-31 | $1.4M | −$225,000 | −13.76% |
| Q1 2023 | 2022-12-31 | $1.2M | −$725,000 | −37.05% |
| Q4 2022 | 2022-09-30 | $1.3M | −$768,000 | −37.96% |
| Q3 2022 | 2022-06-30 | $1.3M | −$643,000 | −32.94% |
| Q2 2022 | 2022-03-31 | $1.6M | −$159,000 | −8.86% |
| Q1 2022 | 2021-12-31 | $2.0M | $264,000 | +15.59% |
| Q4 2021 | 2021-09-30 | $2.0M | $557,000 | +37.99% |
| Q3 2021 | 2021-06-30 | $2.0M | $1.0M | +106.34% |
| Q2 2021 | 2021-03-31 | $1.8M | $1.2M | +206.14% |
| Q1 2021 | 2020-12-31 | $1.7M | $1.2M | +240.64% |
| Q4 2020 | 2020-09-30 | $1.5M | $1.0M | +225.06% |
| Q3 2020 | 2020-06-30 | $946,000 | $603,000 | +175.80% |
| Q2 2020 | 2020-03-31 | $586,000 | $300,000 | +104.90% |
| Q1 2020 | 2019-12-31 | $497,000 | $328,000 | +194.08% |
| Q4 2019 | 2019-09-30 | $451,000 | $374,000 | +485.71% |
| Q3 2019 | 2019-06-30 | $343,000 | $320,000 | +1391.30% |
| Q2 2019 | 2019-03-31 | $286,000 | $263,000 | +1143.48% |
| Q1 2019 | 2018-12-31 | $169,000 | $147,000 | +668.18% |
| Q4 2018 | 2018-09-30 | $77,000 | $53,000 | +220.83% |
| Q3 2018 | 2018-06-30 | $23,000 | −$10,000 | −30.30% |
| Q2 2018 | 2018-03-31 | $23,000 | $3,000 | +15.00% |
| Q1 2018 | 2017-12-31 | $22,000 | $22,000 | — |
| Q4 2017 | 2017-09-30 | $24,000 | — | — |
| Q3 2017 | 2017-06-30 | $33,000 | — | — |
| Q2 2017 | 2017-03-31 | $20,000 | — | — |
| Q1 2017 | 2016-12-31 | $0 | — | — |
World Gold Trust operating expenses trends
Over the last five fiscal years, World Gold Trust's operating expenses increased from $3.5M to $13.1M, a change of $9.6M. The latest reported quarter, Q3 2026, shows $7.5M.
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.
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 World Gold Trust source filings ↗