EPS (Diluted)Not reportedfor the trailing 12 months
Free Cash FlowNot reportedfor the trailing 12 months
Source SEC Filings (10-K/10-Q)Latest period Q3 FY2026, ended Sep 30, 2026ReportedCurrency USDFYE December
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 6, 2026.
Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SGOL SEC filings page.
This page shows abrdn Physical Gold Shares ETF (SGOL) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 15 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 AISGOLFY2025
This fund’s reported results behave like an asset-value ledger: earnings and equity expanded sharply while liabilities remained negligible.
FY2025 net income reached $2.65B after a $131M loss in FY2021, while total assets grew 200.2% from FY2022 to FY2025. Because liabilities grew alongside assets but remained only $1.06M in FY2025, the reported earnings pattern appears tied to changes in the fund’s asset base rather than debt-funded expansion.
Scale increased in large steps: assets rose 95.2% in FY2025, while net income rose 273.4% to $2.65B. That combination indicates the reported result was not merely a proportional increase in the balance sheet, although the statements do not identify the underlying valuation drivers.
The financing structure is unusually light on liabilities: FY2025 total equity was $7.33B against just $1.06M of liabilities. This means the fund’s reported asset growth was overwhelmingly reflected in equity, while the absence of revenue and cash-flow figures makes operating profitability or cash conversion inappropriate lenses here.
Financial Health Signals
Financial health score not available
We do not publish a peer-relative financial health score for abrdn Physical Gold Shares ETF, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
abrdn Physical Gold Shares ETF reported $237.3M in net income in Q3 2026. This represents a decrease of 72.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Revenue
Not reported for Q3 2026.
EBITDA
Not reported for Q3 2026.
EPS (Diluted)
Not reported for Q3 2026.
Cash & Balance Sheet
Shares Outstanding
179M
YoY+1.7%
QoQ+2.2%
5Y CAGR+5.3%
abrdn Physical Gold Shares ETF had 179M shares outstanding in Q3 2026. This represents an increase of 1.7% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.
Free Cash Flow
Not reported for Q3 2026.
Cash & Debt
Not reported for Q3 2026.
Dividends Per Share
Not reported for Q3 2026.
Margins & Returns
Return on Equity
3.3%
YoY-10.7pp
QoQ+18.0pp
5Y change+4.5pp
10Y change+3.3pp
abrdn Physical Gold Shares ETF's quarterly ROE was 3.3% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 10.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 18.0 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.
SGOL 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, 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.
SGOL 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, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
SGOL 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, Financing Cash Flow, Dividends Paid.
Not reported in any period shown, so not listed: Operating Cash Flow, 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.
SGOL 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Yes, abrdn Physical Gold Shares ETF (SGOL) reported a net income of $533.9M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $2.7B.
abrdn Physical Gold Shares ETF (SGOL) has a return on equity of 36.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
abrdn Physical Gold Shares ETF (SGOL) had $7.3B in total assets as of fiscal year 2025, including both current and long-term assets.
abrdn Physical Gold Shares ETF (SGOL) had 182M shares outstanding as of fiscal year 2025.
abrdn Physical Gold Shares ETF (SGOL) had a liabilities-to-equity ratio of 0.00 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
abrdn Physical Gold Shares ETF (SGOL) had a return on assets of 36.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
