Source SEC Filings (10-K/10-Q)Updated Dec 31, 2025Currency USDFYE June
This page shows GraniteShares Gold Trust (BAR) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 8 years of annual fundamentals and quarterly data, with year-over-year
growth rates and compound annual growth rates (CAGR).
All figures are derived from SEC filings (10-K and 10-Q reports).
GraniteShares Gold Trust reported $315.7M in net income in fiscal year 2025. This represents an increase of 68.2% from the prior year.
EPS (Diluted)
$9.36
YoY+132.3%
GraniteShares Gold Trust earned $9.36 per diluted share (EPS) in fiscal year 2025. This represents an increase of 132.3% from the prior year.
Cash & Balance Sheet
Free Cash Flow
N/A
Cash & Debt
N/A
Dividends Per Share
N/A
Shares Outstanding
34M
YoY+0.1%
GraniteShares Gold Trust had 34M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Margins & Returns
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
28.5%
YoY+4.8pp
5Y CAGR+13.3pp
GraniteShares Gold Trust's ROE was 28.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.8 percentage points from the prior year.
Capital Allocation
R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A
BAR Income Statement
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
R&D Expenses
N/A
N/A
N/A
N/A
N/A
N/A
SG&A Expenses
N/A
N/A
N/A
N/A
N/A
N/A
Operating Income
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
N/A
N/A
Income Tax
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
$315.7M+68.2%
$187.7M+372.9%
$39.7M+102.3%
$19.6M+263.4%
-$12.0M-107.6%
$158.6M
EPS (Diluted)
$9.36+132.3%
$4.03+416.7%
$0.78+116.7%
$0.36
N/A
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R&D Expenses
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SG&A Expenses
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Income Tax
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
$162.7M-9.3%
$179.4M
N/A
$165.1M+2712.7%
-$6.3M-106.3%
$100.0M
N/A
$67.9M
EPS (Diluted)
$4.68-11.5%
$5.29
N/A
$4.97+2715.8%
$-0.19-106.5%
$2.94
N/A
$1.47
BAR Balance Sheet
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Total Assets
$1.1B+39.8%
$791.1M-15.5%
$936.0M-6.1%
$996.3M-1.3%
$1.0B-3.1%
$1.0B
Current Assets
N/A
N/A
N/A
N/A
N/A
N/A
Cash & Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
Inventory
N/A
N/A
N/A
N/A
N/A
N/A
Accounts Receivable
N/A
N/A
N/A
N/A
N/A
N/A
Goodwill
N/A
N/A
N/A
N/A
N/A
N/A
Total Liabilities
$162K+18.2%
$137K-1.4%
$139K-3.5%
$144K-6.5%
$154K+9.2%
$141K
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
Long-Term Debt
N/A
N/A
N/A
N/A
N/A
N/A
Total Equity
$1.1B+39.8%
$791.0M-15.5%
$935.8M-6.1%
$996.1M-1.3%
$1.0B-3.1%
$1.0B
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Total Assets
$1.5B+16.0%
$1.3B+16.3%
$1.1B+6.1%
$1.0B+23.1%
$846.7M-3.7%
$879.2M+11.1%
$791.1M-21.2%
$1.0B
Current Assets
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash & Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Inventory
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Accounts Receivable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Goodwill
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Liabilities
$222K+26.9%
$175K+8.0%
$162K+10.2%
$147K+14.8%
$128K+4.1%
$123K-10.2%
$137K-4.9%
$144K
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Long-Term Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Equity
$1.5B+16.0%
$1.3B+16.3%
$1.1B+6.1%
$1.0B+23.1%
$846.6M-3.7%
$879.1M+11.1%
$791.0M-21.2%
$1.0B
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
BAR Financial Ratios
Metric
FY25
FY24
FY23
FY22
FY21
FY20
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
Net Margin
N/A
N/A
N/A
N/A
N/A
N/A
Return on Equity
28.5%+4.8pp
23.7%+19.5pp
4.2%+2.3pp
2.0%+3.2pp
-1.2%-16.4pp
15.2%
Return on Assets
28.5%+4.8pp
23.7%+19.5pp
4.2%+2.3pp
2.0%+3.2pp
-1.2%-16.4pp
15.2%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.00
FCF Margin
N/A
N/A
N/A
N/A
N/A
N/A
Metric
Q2'26
Q1'26
Q4'25
Q3'25
Q2'25
Q1'25
Q4'24
Q3'24
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return on Equity
10.9%-3.0pp
14.0%
N/A
15.8%+16.6pp
-0.8%-12.1pp
11.4%
N/A
6.8%
Return on Assets
10.9%-3.0pp
14.0%
N/A
15.8%+16.6pp
-0.8%-12.1pp
11.4%
N/A
6.8%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.000.0
0.00
FCF Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Frequently Asked Questions
Is GraniteShares Gold Trust profitable?
Yes, GraniteShares Gold Trust (BAR) reported a net income of $315.7M in fiscal year 2025.
What is GraniteShares Gold Trust's earnings per share (EPS)?
GraniteShares Gold Trust (BAR) reported diluted earnings per share of $9.36 for fiscal year 2025. This represents a 132.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is GraniteShares Gold Trust's return on equity (ROE)?
GraniteShares Gold Trust (BAR) has a return on equity of 28.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are GraniteShares Gold Trust's total assets?
GraniteShares Gold Trust (BAR) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does GraniteShares Gold Trust have outstanding?
GraniteShares Gold Trust (BAR) had 34M shares outstanding as of fiscal year 2025.
What is GraniteShares Gold Trust's debt-to-equity ratio?
GraniteShares Gold Trust (BAR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is GraniteShares Gold Trust's return on assets (ROA)?
GraniteShares Gold Trust (BAR) had a return on assets of 28.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
