iShares Gold Trust 3Q 2026: Net income $2.14B — 10-Q Summary
iShares Gold Trust reported a 73.1% YoY decline in net income to $2.14B, attributed to a smaller gain in gold's value. Gold rose 3.73% in the quarter, while the Trust's NAV increased 3.54% to $62.22B. The sponsor's fee was $39.9M, or 0.06% of average weighted assets.
How this was made
The 30-second read
Why it matters
The Q3 2026 earnings miss may prompt short‑term price adjustments.
Market read
First disclosure of IAU's quarterly results; material earnings decline may affect ETF pricing.
What to watch
Sponsor fee reduction in future periods could improve net returns.
Background
IAU is a large, US‑listed gold ETF tracking spot gold price.
Ticker impact
IAU reported Q3 2026 net income of $2.14B, a 73% YoY decline, with NAV and gold price increases.
likely pressure as investors price in lower earnings and fee impact
First‑report 10‑Q numbers show a material earnings decline; market will adjust on the news.
Market effects
Gold‑related ETFs may see modest volatility as earnings miss highlights fee impact.
US investors in gold ETFs may adjust exposure.
Limited to investors tracking gold‑linked funds.
Counterpoint
Gold price strength could offset earnings weakness, supporting IAU.
Key entities
- ETFiShares Gold Trust
Gold‑backed exchange‑traded fund.
