EPS (Diluted)Not reportedfor the trailing 12 months
Operating Cash Flow$0YoY not available
Source SEC Filings (10-K/10-Q)Latest period Q3 FY2026, ended Jun 30, 2026ReportedCurrency USDFYE September
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 4, 2026.
Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GLDM SEC filings page.
This page shows SPDR Gold MiniShares (GLDM) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 9 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).
Rhea AIGLDMFY2025
Asset-value exposure, not operating sales, dominates the reported economics and keeps leverage almost irrelevant.
Net income and total assets expanded together: FY2024 showed $2.4B of net income on $9.2B of assets, while FY2025 reached $5.3B on $20.9B. That pairing, alongside nearly identical ROA and ROE, indicates returns are being driven primarily by the asset base rather than a separately visible operating margin structure.
The balance sheet is almost entirely equity-funded. FY2025 liabilities were just $1.6M against $20.9B of assets, and the debt-to-equity ratio was 0.0x; changes in reported value therefore are not being amplified by borrowing.
The ownership base rose from 173.9M shares in FY2024 to 285.8M shares in FY2025 while assets more than doubled. That combination suggests the larger asset pool was accompanied by substantial expansion in shares outstanding, so aggregate earnings and assets do not directly describe per-share economics. Cash conversion cannot be assessed because operating cash flow and free cash flow are reported as $0, while revenue is not supplied.
Financial Health Signals
Financial health score not available
SPDR Gold MiniShares does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Piotroski F-ScorePartial
1/5
SPDR Gold MiniShares passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Earnings QualityLow Quality
0.00x
For every $1 of reported earnings, SPDR Gold MiniShares generates $0.00 in operating cash flow ($0 OCF vs $5.3B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
SPDR Gold MiniShares reported -$4.0B in net income in Q3 2026. This represents a decrease of 663.6% from the same quarter a year earlier. Against the prior quarter it is down 341.9%.
Revenue
Not reported for Q3 2026.
EBITDA
Not reported for Q3 2026.
EPS (Diluted)
Not reported for Q3 2026.
Cash & Balance Sheet
Cash & Debt
$0
SPDR Gold MiniShares held $0 in cash as of Q3 2026; long-term debt is not reported for that period.
Shares Outstanding
344M
YoY+40.8%
QoQ+1.0%
SPDR Gold MiniShares had 344M shares outstanding in Q3 2026. This represents an increase of 40.8% from the same quarter a year earlier. Against the prior quarter it is up 1.0%.
Free Cash Flow
Not reported for Q3 2026.
Dividends Per Share
Not reported for Q3 2026.
Margins & Returns
Return on Equity
-14.7%
YoY-19.2pp
QoQ-20.2pp
5Y change-18.3pp
SPDR Gold MiniShares's ROE was -14.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 19.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 20.2 percentage points.
Gross Margin
Not reported for Q3 2026.
Operating Margin
Not reported for Q3 2026.
Net Margin
Not reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
GLDM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GLDM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
GLDM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GLDM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Yes, SPDR Gold MiniShares (GLDM) reported a net income of $5.3B in fiscal year 2025.
What is SPDR Gold MiniShares's return on equity (ROE)?
SPDR Gold MiniShares (GLDM) has a return on equity of 25.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SPDR Gold MiniShares's operating cash flow?
SPDR Gold MiniShares (GLDM) generated $0 in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are SPDR Gold MiniShares's total assets?
SPDR Gold MiniShares (GLDM) had $20.9B in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does SPDR Gold MiniShares have outstanding?
SPDR Gold MiniShares (GLDM) had 286M shares outstanding as of fiscal year 2025.
What is SPDR Gold MiniShares's debt-to-equity ratio?
SPDR Gold MiniShares (GLDM) 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 SPDR Gold MiniShares's return on assets (ROA)?
SPDR Gold MiniShares (GLDM) had a return on assets of 25.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SPDR Gold MiniShares's Piotroski F-Score?
SPDR Gold MiniShares (GLDM) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SPDR Gold MiniShares's earnings high quality?
SPDR Gold MiniShares (GLDM) has an earnings quality ratio of 0.00x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
