Gold.com Reports Fiscal Fourth Quarter and Full Year 2026 Results
Gold.com delivered sharply higher full-year revenue, earnings and EBITDA in fiscal 2026, but margins and Q4 results showed pressure versus earlier in the year.
Rhea-AI Summary
Gold.com (GOLD) reported fiscal 2026 diluted EPS of $3.02 on net income of $82.3 million and non-GAAP EBITDA of $179.8 million, and declared a special dividend of $1.00 per share. Full-year revenues rose 132% to $25.51 billion, with gross profit up 115% to $453.1 million, while gross margin edged down to 1.78% from 1.92%.
For the fiscal fourth quarter ended June 30, 2026, revenue increased 99% year over year to $5.01 billion, but declined 52% sequentially. Quarterly net income rose 18% year over year to $12.2 million, with diluted EPS flat at $0.41, and down 80% from $2.09 in the prior quarter. Adjusted net income before taxes grew 29% year over year to $24.7 million, while EBITDA decreased 3% to $28.2 million. The company highlighted growth in storage and secured lending, expansion with major retailers and institutions, and the completed acquisition of Sunshine Minting, which adds capacity to serve sovereign mints and support its brands.
Positive
- Full-year revenue up 132% to $25.51 billion in FY 2026
- Net income increased 375% to $82.3 million year over year
- Diluted EPS rose 325% to $3.02 from $0.71 in FY 2025
- EBITDA grew 179% to $179.8 million for fiscal 2026
- Q4 revenue nearly doubled year over year to $5.01 billion
- Special dividend of $1.00 per share declared
Negative
- Gross margin declined to 1.78% from 1.92% for FY 2026
- Q4 gross margin fell year over year to 2.20% from 3.25%
- Q4 revenue decreased 52% sequentially from $10.35 billion
- Q4 net income down 80% sequentially to $12.2 million
- Q4 EBITDA down 73% sequentially to $28.2 million
Market reaction after FY26 earnings report: GOLD -4.88%
Following this news, GOLD has declined 4.88%, reflecting a moderate negative market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $41.68.
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Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 19 | Earnings call scheduling | Neutral | +8.8% | Earnings call announcement preceded an 8.84% 24-hour price increase. |
| May 06 | Third-quarter earnings | Positive | +0.9% | Fiscal third-quarter results were followed by a 0.95% 24-hour price increase. |
| Feb 05 | Second-quarter earnings | Positive | +9.9% | Fiscal second-quarter results were followed by a 9.87% 24-hour price increase. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings-related events were followed by positive reactions, while the August scheduling notice preceded the largest recorded move.
Key Terms
non-gaap financial
ebitda financial
aov financial
secured loans receivable financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FY 2026 Diluted Earnings Per Share of
Company Declares Special Dividend of
COSTA MESA, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Gold.com, Inc. (NYSE: GOLD), (“Gold.com” or the “Company”), a fully integrated alternative assets platform that offers an extensive range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients worldwide, reported results for the fiscal fourth quarter and full year ended June 30, 2026.
Management Commentary
“Fiscal 2026 was a transformational year highlighted by continued growth through both organic expansion and strategic acquisitions, our rebranding to Gold.com, and outstanding financial results that underscored the strength of our vertically integrated model,” said Gold.com CEO Greg Roberts. “Fourth quarter performance was solid as we delivered net income of
“We saw continued growth in our storage and secured lending businesses during the year. Both businesses carry attractive economics and deepen relationships with customers who may transact across the rest of our platform. We also continued to grow our business with major retailers and institutional customers, as a result of strategic investments in our trading and logistics platforms.
“Completing the acquisition of Sunshine Minting (“SMI”) in April was a major milestone that significantly expands our total production capacity and creates a clear pathway to capturing additional value and market share globally. With its state-of-the art facilities and strong capabilities and capacity, SMI is well positioned to serve the growing demand from the United States Mint and other sovereign mints around the world, along with capitalizing on the opportunities across our portfolio of brands.
“Underlying trends across our business remain strong and we are well positioned for broad-based growth and delivering long-term value to our shareholders.”
| Three Months Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| (in thousands, except Earnings per Share) | |||||||||||
| Selected Key Financial Statement Metrics: | |||||||||||
| Revenues | $ | 5,005,014 | $ | 2,512,048 | |||||||
| Gross profit | $ | 110,297 | $ | 81,689 | |||||||
| Depreciation and amortization expense | $ | (10,115 | ) | $ | (8,576 | ) | |||||
| Net income attributable to the Company | $ | 12,157 | $ | 10,324 | |||||||
| Earnings per Share: | |||||||||||
| Basic | $ | 0.42 | $ | 0.42 | |||||||
| Diluted | $ | 0.41 | $ | 0.41 | |||||||
| Non-GAAP Measures (1): | |||||||||||
| Adjusted net income before provision for income taxes | $ | 24,741 | $ | 19,163 | |||||||
| EBITDA | $ | 28,188 | $ | 29,153 | |||||||
| (1) See Reconciliation of U.S. GAAP to Non-GAAP Measures below and on pages 23-25 | |||||||||||
| A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and 2025 follows (in thousands): | |||||||||||
| Three Months Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| Net income before provision for income taxes | $ | 12,303 | $ | 13,020 | |||||||
| Adjustments: | |||||||||||
| Remeasurement gain on pre-existing equity interests | (4,136 | ) | (1,900 | ) | |||||||
| Contingent consideration fair value adjustment | 6,327 | (10 | ) | ||||||||
| Acquisition costs | 132 | (523 | ) | ||||||||
| Amortization of acquired intangibles | 7,004 | 6,658 | |||||||||
| Depreciation expense | 3,111 | 1,918 | |||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 24,741 | $ | 19,163 | |||||||
| Three Months Ended | |||||||||||
| June 30, 2026 | March 31, 2026 | ||||||||||
| (in thousands, except Earnings per Share) | |||||||||||
| Selected Key Financial Statement Metrics: | |||||||||||
| Revenues | $ | 5,005,014 | $ | 10,350,729 | |||||||
| Gross profit | $ | 110,297 | $ | 176,580 | |||||||
| Depreciation and amortization expense | $ | (10,115 | ) | $ | (9,416 | ) | |||||
| Net income attributable to the Company | $ | 12,157 | $ | 59,487 | |||||||
| Earnings per Share: | |||||||||||
| Basic | $ | 0.42 | $ | 2.17 | |||||||
| Diluted | $ | 0.41 | $ | 2.09 | |||||||
| Non-GAAP Measures (1): | |||||||||||
| Adjusted net income before provision for income taxes | $ | 24,741 | $ | 87,111 | |||||||
| EBITDA | $ | 28,188 | $ | 103,382 | |||||||
| (1) See Reconciliation of U.S. GAAP to Non-GAAP Measures below and on pages 23-25 | |||||||||||
| A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and March 31, 2026 follows (in thousands): | |||||||||||
| Three Months Ended | |||||||||||
| June 30, 2026 | March 31, 2026 | ||||||||||
| Net income before provision for income taxes | $ | 12,303 | $ | 81,753 | |||||||
| Adjustments: | |||||||||||
| Remeasurement gain on pre-existing equity interests | (4,136 | ) | — | ||||||||
| Contingent consideration fair value adjustment | 6,327 | (4,436 | ) | ||||||||
| Acquisition costs | 132 | 378 | |||||||||
| Amortization of acquired intangibles | 7,004 | 6,975 | |||||||||
| Depreciation expense | 3,111 | 2,441 | |||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 24,741 | $ | 87,111 | |||||||
Fiscal Fourth Quarter 2026 Financial Highlights
- Revenues for the three months ended June 30, 2026 increased
99% to$5.005 billion from$2.512 billion for the three months ended June 30, 2025, and decreased52% from$10.351 billion for the three months ended March 31, 2026 - Gross profit for the three months ended June 30, 2026 increased
35% to$110.3 million from$81.7 million for the three months ended June 30, 2025, and decreased38% from$176.6 million for the three months ended March 31, 2026 - Gross profit margin for the three months ended June 30, 2026 decreased to
2.20% of revenue, from3.25% of revenue for the three months ended June 30, 2025, and increased from1.71% of revenue for the three months ended March 31, 2026 - Net income attributable to the Company for the three months ended June 30, 2026 increased
18% to$12.2 million from$10.3 million for the three months ended June 30, 2025, and decreased80% from$59.5 million for the three months ended March 31, 2026 - Diluted earnings per share totaled
$0.41 for the three months ended June 30, 2026, which was unchanged compared to$0.41 for the three months ended June 30, 2025, and decreased80% from$2.09 for the three months ended March 31, 2026 - Adjusted net income before provision for income taxes, depreciation, amortization, acquisition costs, remeasurement gains or losses, and contingent consideration fair value adjustments (“Adjusted net income before provision for income taxes” or “Adjusted net income”), a non-GAAP financial performance measure, for the three months ended June 30, 2026 increased
29% to$24.7 million from$19.2 million for the three months ended June 30, 2025, and decreased72% from$87.1 million for the three months ended March 31, 2026 - Earnings before interest, taxes, depreciation and amortization (“EBITDA”), a non-GAAP liquidity measure, for the three months ended June 30, 2026 decreased
3% to$28.2 million from$29.2 million for the three months ended June 30, 2025, and decreased73% from$103.4 million for the three months ended March 31, 2026
| Year Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| (in thousands, except Earnings per Share) | |||||||||||
| Selected Key Financial Statement Metrics: | |||||||||||
| Revenues | $ | 25,513,409 | $ | 10,978,614 | |||||||
| Gross profit | $ | 453,144 | $ | 210,916 | |||||||
| Depreciation and amortization expense | $ | (34,752 | ) | $ | (22,920 | ) | |||||
| Net income attributable to the Company | $ | 82,341 | $ | 17,320 | |||||||
| Earnings per Share: | |||||||||||
| Basic | $ | 3.11 | $ | 0.73 | |||||||
| Diluted | $ | 3.02 | $ | 0.71 | |||||||
| Non-GAAP Measures (1): | |||||||||||
| Adjusted net income before provision for income taxes | $ | 139,940 | $ | 53,059 | |||||||
| EBITDA | $ | 179,750 | $ | 64,445 | |||||||
| (1) See Reconciliation of U.S. GAAP to Non-GAAP Measures below and on pages 23-25 | |||||||||||
| A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the years ended June 30, 2026 and 2025 follows (in thousands): | |||||||||||
| Year Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| Net income before provision for income taxes | $ | 109,522 | $ | 21,270 | |||||||
| Adjustments: | |||||||||||
| Remeasurement (gain) loss on pre-existing equity interests | (4,136 | ) | 5,143 | ||||||||
| Contingent consideration fair value adjustment | (890 | ) | (1,140 | ) | |||||||
| Acquisition costs | 692 | 4,866 | |||||||||
| Amortization of acquired intangibles | 24,362 | 18,316 | |||||||||
| Depreciation expense | 10,390 | 4,604 | |||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 139,940 | $ | 53,059 | |||||||
Fiscal Full Year 2026 Financial Highlights
- Revenues for the fiscal year ended June 30, 2026 increased
132% to$25.513 billion from$10.979 billion for the fiscal year ended June 30, 2025 - Gross profit for the fiscal year ended June 30, 2026 increased
115% to$453.1 million from$210.9 million for the fiscal year ended June 30, 2025 - Gross profit margin for the fiscal year ended June 30, 2026 decreased to
1.78% of revenue from1.92% of revenue for the fiscal year ended June 30, 2025 - Net income attributable to the Company for the fiscal year ended June 30, 2026 increased
375% to$82.3 million from$17.3 million for the fiscal year ended June 30, 2025 - Diluted earnings per share totaled
$3.02 for the fiscal year ended June 30, 2026, a325% increase compared to$0.71 for the fiscal year ended June 30, 2025 - Adjusted net income for the fiscal year ended June 30, 2026 increased
164% to$139.9 million from$53.1 million for the fiscal year ended June 30, 2025 - EBITDA for the fiscal year ended June 30, 2026 increased
179% to$179.8 million from$64.4 million for the fiscal year ended June 30, 2025
| Three Months Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| Selected Operating and Financial Metrics: | |||||||||||
| Gold ounces sold (1) | 521,000 | 346,000 | |||||||||
| Silver ounces sold (2) | 15,317,500 | 15,664,000 | |||||||||
| Number of secured loans at period end (3) | 367 | 445 | |||||||||
| Secured loans receivable at period end | $ | 115,128,000 | $ | 94,037,000 | |||||||
| Direct-to-Consumer ("DTC") number of new customers (4) | 67,900 | 108,900 | |||||||||
| Direct-to-Consumer number of active customers (5) | 160,700 | 170,600 | |||||||||
| Direct-to-Consumer number of total customers (6) | 4,722,300 | 4,196,000 | |||||||||
| Direct-to-Consumer average order value ("AOV") (7) | $ | 3,556 | $ | 2,443 | |||||||
| JM Bullion ("JMB") average order value (8) | $ | 2,716 | $ | 2,415 | |||||||
| CyberMetals number of new customers (9) | 1,300 | 1,800 | |||||||||
| CyberMetals number of active customers (10) | 1,600 | 1,700 | |||||||||
| CyberMetals number of total customers (11) | 42,600 | 37,000 | |||||||||
| CyberMetals customer assets under management at period end (12) | $ | 16,600,000 | $ | 10,700,000 | |||||||
| (1) Gold ounces sold represents the ounces of gold product sold and delivered to the customer during the period, excluding ounces of gold recorded on forward contracts. Metrics from Spectrum Group International, LLC (“SGI”) and Pinehurst Coin Exchange, Inc. (“Pinehurst”) are included from February 28, 2025, metrics from AMS Holding, LLC (“AMS”) are included from April 1, 2025, metrics from Monex Deposit Company (“Monex”) are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (2) Silver ounces sold represents the ounces of silver product sold and delivered to the customer during the period, excluding ounces of silver recorded on forward contracts. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, metrics from Monex are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (3) Number of outstanding secured loans to customers that are primarily collateralized by precious metals at the end of the period. | |||||||||||
| (4) DTC number of new customers represents the number of customers that have registered or set up a new account or made a purchase for the first time during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (5) DTC number of active customers represents the number of customers that have made a purchase during any month during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (6) DTC number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (7) DTC AOV represents the average dollar value of product orders (excluding accumulation program orders) delivered to the customer during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (8) JMB AOV represents the average dollar value of product orders delivered to JMB's customers during the period. | |||||||||||
| (9) CyberMetals number of new customers represents the number of customers that have registered or set up a new account or have made a purchase for the first time during the period on the CyberMetals platform. | |||||||||||
| (10) CyberMetals number of active customers represents the number of customers that have made a purchase during any month during the period from the CyberMetals platform. | |||||||||||
| (11) CyberMetals number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past from the CyberMetals platform. | |||||||||||
| (12) CyberMetals customer assets under management represents the total value of assets managed by the Company on behalf of CyberMetals customers. | |||||||||||
| Three Months Ended | |||||||||||
| June 30, 2026 | March 31, 2026 | ||||||||||
| Selected Operating and Financial Metrics: | |||||||||||
| Gold ounces sold (1) | 521,000 | 527,000 | |||||||||
| Silver ounces sold (2) | 15,317,500 | 29,220,000 | |||||||||
| Number of secured loans at period end (3) | 367 | 337 | |||||||||
| Secured loans receivable at period end | $ | 115,128,000 | $ | 126,034,000 | |||||||
| Direct-to-Consumer ("DTC") number of new customers (4) | 67,900 | 292,900 | |||||||||
| Direct-to-Consumer number of active customers (5) | 160,700 | 246,000 | |||||||||
| Direct-to-Consumer number of total customers (6) | 4,722,300 | 4,654,400 | |||||||||
| Direct-to-Consumer average order value ("AOV") (7) | $ | 3,556 | $ | 5,618 | |||||||
| JM Bullion ("JMB") average order value (8) | $ | 2,716 | $ | 3,056 | |||||||
| CyberMetals number of new customers (9) | 1,300 | 1,300 | |||||||||
| CyberMetals number of active customers (10) | 1,600 | 2,200 | |||||||||
| CyberMetals number of total customers (11) | 42,600 | 41,300 | |||||||||
| CyberMetals customer assets under management at period end (12) | $ | 16,600,000 | $ | 20,100,000 | |||||||
| (1) Gold ounces sold represents the ounces of gold product sold and delivered to the customer during the period, excluding ounces of gold recorded on forward contracts. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, metrics from Monex are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (2) Silver ounces sold represents the ounces of silver product sold and delivered to the customer during the period, excluding ounces of silver recorded on forward contracts. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, metrics from Monex are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (3) Number of outstanding secured loans to customers that are primarily collateralized by precious metals at the end of the period. | |||||||||||
| (4) DTC number of new customers represents the number of customers that have registered or set up a new account or made a purchase for the first time during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (5) DTC number of active customers represents the number of customers that have made a purchase during any month during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (6) DTC number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (7) DTC AOV represents the average dollar value of product orders (excluding accumulation program orders) delivered to the customer during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (8) JMB AOV represents the average dollar value of product orders delivered to JMB's customers during the period. | |||||||||||
| (9) CyberMetals number of new customers represents the number of customers that have registered or set up a new account or have made a purchase for the first time during the period on the CyberMetals platform. | |||||||||||
| (10) CyberMetals number of active customers represents the number of customers that have made a purchase during any month during the period from the CyberMetals platform. | |||||||||||
| (11) CyberMetals number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past from the CyberMetals platform. | |||||||||||
| (12) CyberMetals customer assets under management represents the total value of assets managed by the Company on behalf of CyberMetals customers. | |||||||||||
Fiscal Fourth Quarter 2026 Operational Highlights
- Gold ounces sold in the three months ended June 30, 2026 increased
51% to 521,000 ounces from 346,000 ounces for the three months ended June 30, 2025, and decreased1% from 527,000 ounces for the three months ended March 31, 2026 - Silver ounces sold in the three months ended June 30, 2026 decreased
2% to 15.3 million ounces from 15.7 million ounces for the three months ended June 30, 2025, and decreased48% from 29.2 million ounces for the three months ended March 31, 2026 - As of June 30, 2026, the number of secured loans decreased
18% to 367 from 445 as of June 30, 2025, and increased9% from 337 as of March 31, 2026 - Direct-to-Consumer new customers for the three months ended June 30, 2026 decreased
38% to 67,900 from 108,900 for the three months ended June 30, 2025, and decreased77% from 292,900 for the three months ended March 31, 2026. For the three months ended March 31, 2026, approximately58% of the new customers were attributable to the acquisition of Monex. For the three months ended June 30, 2025, approximately30% percent of the new customers were attributable to the acquisition of AMS - Direct-to-Consumer active customers for the three months ended June 30, 2026 decreased
6% to 160,700 from 170,600 for the three months ended June 30, 2025, and decreased35% from 246,000 for the three months ended March 31, 2026 - Direct-to-Consumer average order value for the three months ended June 30, 2026 increased
$1,113 , or46% to$3,556 from$2,443 for the three months ended June 30, 2025, and decreased$2,062 , or37% , from$5,618 for the three months ended March 31, 2026 - JM Bullion’s average order value for the three months ended June 30, 2026 increased
$301 , or12% to$2,716 from$2,415 for the three months ended June 30, 2025, and decreased$340 , or11% , from$3,056 for the three months ended March 31, 2026
| Year Ended June 30, | |||||||||||
| 2026 | 2025 | ||||||||||
| Selected Operating and Financial Metrics: | |||||||||||
| Gold ounces sold (1) | 2,032,000 | 1,642,000 | |||||||||
| Silver ounces sold (2) | 73,563,500 | 73,643,000 | |||||||||
| Number of secured loans at period end (3) | 367 | 445 | |||||||||
| Secured loans receivable at period end | $ | 115,128,000 | $ | 94,037,000 | |||||||
| Direct-to-Consumer ("DTC") number of new customers (4) | 526,300 | 1,129,200 | |||||||||
| Direct-to-Consumer number of active customers (5) | 783,100 | 581,300 | |||||||||
| Direct-to-Consumer number of total customers (6) | 4,722,300 | 4,196,000 | |||||||||
| Direct-to-Consumer average order value ("AOV") (7) | $ | 4,642 | $ | 2,866 | |||||||
| JM Bullion ("JMB") average order value (8) | $ | 2,794 | $ | 2,156 | |||||||
| CyberMetals number of new customers (9) | 5,700 | 7,400 | |||||||||
| CyberMetals number of active customers (10) | 7,500 | 6,800 | |||||||||
| CyberMetals number of total customers (11) | 42,600 | 37,000 | |||||||||
| CyberMetals customer assets under management at period end (12) | $ | 16,600,000 | $ | 10,700,000 | |||||||
| (1) Gold ounces sold represents the ounces of gold product sold and delivered to the customer during the period, excluding ounces of gold recorded on forward contracts. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, metrics from Monex are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (2) Silver ounces sold represents the ounces of silver product sold and delivered to the customer during the period, excluding ounces of silver recorded on forward contracts. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, metrics from Monex are included from January 2, 2026, and metrics from SMI are included from April 1, 2026. | |||||||||||
| (3) Number of outstanding secured loans to customers that are primarily collateralized by precious metals at the end of the period. | |||||||||||
| (4) DTC number of new customers represents the number of customers that have registered or set up a new account or made a purchase for the first time during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (5) DTC number of active customers represents the number of customers that have made a purchase during any month during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (6) DTC number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (7) DTC AOV represents the average dollar value of product orders (excluding accumulation program orders) delivered to the customer during the period within the Direct-to-Consumer segment. Metrics from SGI and Pinehurst are included from February 28, 2025, metrics from AMS are included from April 1, 2025, and metrics from Monex are included from January 2, 2026. | |||||||||||
| (8) JMB AOV represents the average dollar value of product orders delivered to JMB's customers during the period. | |||||||||||
| (9) CyberMetals number of new customers represents the number of customers that have registered or set up a new account or have made a purchase for the first time during the period on the CyberMetals platform. | |||||||||||
| (10) CyberMetals number of active customers represents the number of customers that have made a purchase during any month during the period from the CyberMetals platform. | |||||||||||
| (11) CyberMetals number of total customers represents the aggregate number of customers that have registered or set up an account or have made a purchase in the past from the CyberMetals platform. | |||||||||||
| (12) CyberMetals customer assets under management represents the total value of assets managed by the Company on behalf of CyberMetals customers. | |||||||||||
Fiscal Full Year 2026 Operational Highlights
- Gold ounces sold in the fiscal year ended June 30, 2026 increased
24% to 2,032,000 ounces compared to 1,642,000 ounces in the fiscal year ended June 30, 2025 - Silver ounces sold in the fiscal year ended June 30, 2026 remained relatively unchanged at 73.6 million ounces compared to 73.6 million ounces in the fiscal year ended June 30, 2025
- Direct-to-Consumer new customers for the fiscal year ended June 30, 2026 decreased
53% to 526,300 from 1,129,200 for the fiscal year ended June 30, 2025. Approximately33% of the new customers for the fiscal year ended June 30, 2026 were attributable to the acquisition of Monex. Approximately79% of the new customers for the fiscal year ended June 30, 2025 were attributable to the acquisitions of SGI, Pinehurst and AMS - Direct-to-Consumer active customers for the fiscal year ended June 30, 2026 increased
35% to 783,100 from 581,300 for the fiscal year ended June 30, 2025 - Direct-to-Consumer average order value for the fiscal year ended June 30, 2026 increased
$1,776 , or62% to$4,642 from$2,866 for the fiscal year ended June 30, 2025 - JM Bullion’s average order value for the fiscal year ended June 30, 2026 increased
$638 , or30% to$2,794 from$2,156 for the fiscal year ended June 30, 2025
Fiscal Fourth Quarter 2026 Financial Summary
Revenues increased
Gross profit increased
Selling, general and administrative expenses increased
Depreciation and amortization expense increased
Interest income increased
Interest expense increased
Earnings (losses) from equity method investments increased
Net income attributable to the Company totaled
Adjusted net income before provision for income taxes for the three months ended June 30, 2026 totaled
EBITDA for the three months ended June 30, 2026 totaled
Fiscal Full Year 2026 Financial Summary
Revenues increased
Gross profit increased
Selling, general and administrative expenses increased
Depreciation and amortization expense increased
Interest income decreased
Interest expense increased
Earnings (losses) from equity method investments increased
Net income attributable to the Company totaled
Adjusted net income before provision for income taxes for the fiscal year ended June 30, 2026 totaled
EBITDA for fiscal year 2026 totaled
Special Dividend
Gold.com’s Board of Directors has declared a special cash dividend of
Quarterly Cash Dividend
Gold.com’s Board of Directors has declared a quarterly cash dividend of
Conference Call
Gold.com will hold a conference call today (September 2, 2026) to discuss these financial results. Gold.com management will host the call at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) followed by a question-and-answer period.
To participate, please call the conference telephone number 10 minutes before the start time and ask for the Gold.com conference call.
Webcast: https://www.webcaster5.com/Webcast/Page/2867/54373
U.S. dial-in number: 1-888-506-0062
International number: 1-973-528-0011
Participant Access Code: 327594
The call will also be broadcast live and available for replay on the Investor Relations section of Gold.com’s website at ir.gold.com. If you have any difficulty connecting with the conference call or webcast, please contact Gold.com’s investor relations team at 1-646-277-1260.
A replay of the call will be available after 7:30 p.m. Eastern time through September 2, 2027.
Toll-free replay number: 1-877-481-4010
International replay number: 1-919-882-2331
Participant Access Code: 54373
About Gold.com, Inc.
Gold.com builds on gold’s storied history and heritage to define the future of alternative asset management. Founded in 1965, Gold.com offers comprehensive solutions for all aspects of the precious metals (gold, silver, platinum, and palladium) and collectibles (including rare coins and currency) value chains. Its vertically integrated platform combines market expertise with state-of-the-art logistics, financing, and minting capabilities to serve customers, collectors, and institutional clients globally.
Gold.com’s direct-to-consumer marketplace, anchored by flagship brands JMBullion.com, Stack’s Bowers Galleries, GovMint.com, Monex Precious Metals, and Goldline, has served millions of customers. The Company’s trading and wholesale sales platform, which operates as A-Mark Precious Metals, maintains distribution and finance focused relationships with a network of sovereign and private mints and has been an “authorized purchaser” of the United States Mint since 1986. This platform is supported by the Company’s minting and refining operations which include Sunshine Minting and Silver Towne Mint, whose facilities can collectively produce in excess of three million ounces of finished precious metals products per week. Gold.com’s Collateral Finance Corporation secured lending subsidiary, CFCGoldLoans.com, extends bullion, numismatic, and graded sports card loans, while A-Mark Global Logistics supports the Company’s operations with airport-adjacent distribution centers and IRA-approved storage depositories.
Gold.com is headquartered in Costa Mesa, California, and operates across the United States, Canada, the United Kingdom, Europe, Hong Kong, and Singapore. Learn more at www.gold.com.
Gold.com periodically provides information for investors on its corporate website, www.gold.com and its investor relations website, ir.gold.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and investor presentations.
Important Cautions Regarding Forward-Looking Statements
Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. These include statements regarding expectations with respect to growth, increasing market share and the delivery of long-term value. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results or circumstances to differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ include the following: The failure to execute the Company’s growth strategy, including the inability to identify suitable or available acquisition or investment opportunities; greater than anticipated costs incurred to execute this strategy; our inability to execute on our cost containment and expense reduction programs; government regulations that might impede growth, particularly in Asia, including with respect to tariff policy; the inability to successfully integrate our recently acquired businesses; changes in the current international political climate, which historically has favorably contributed to demand and volatility in the precious metals markets but also has posed certain risks and uncertainties for the Company; increased competition for the Company’s higher margin services, which could depress pricing; the failure of the Company’s business model to respond to changes in the market environment as anticipated; changes in consumer demand and preferences for precious metal products generally; potential negative effects that inflationary pressure may have on our business; the failure of our investee companies to maintain, or address the preferences of, their customer bases; general risks of doing business in the commodity markets; and the strategic, business, economic, financial, political and governmental risks and other Risk Factors described in in the Company’s public filings with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.
Use and Reconciliation of Non-GAAP Measures
In addition to presenting the Company’s financial results determined in accordance with U.S. GAAP, management believes the following non-GAAP measures are useful in evaluating the Company’s operating performance: “adjusted net income before provision for income taxes” and “earnings before interest, taxes, depreciation and amortization” (“EBITDA”). Management believes the “adjusted net income before provision for income taxes” non-GAAP financial performance measure assists investors and analysts by facilitating comparison of period-to-period operational performance on a consistent basis by excluding items that management does not believe are indicative of the Company’s core operating performance. The items excluded from this financial measure may have a material impact on the Company’s financial results. Certain of those items are non-recurring, while others are non-cash in nature. Management believes the EBITDA non-GAAP liquidity measure assists investors and analysts by facilitating comparison of our business operations before investing activities, interest, and income taxes with other publicly traded companies. Non-GAAP measures do not have standardized definitions and should be considered in addition to, and not as a substitute for or superior to, the comparable measures prepared in accordance with U.S. GAAP, and should be read in conjunction with the financial statements included in the Company’s Annual Report on Form 10-K to be filed with the SEC. Management encourages investors and others to review the Company’s financial information in its entirety and not to rely on any single financial or liquidity measure.
In the Company’s reconciliation from its reported U.S. GAAP “net income before provision for income taxes” to its non-GAAP “adjusted net income before provision for income taxes”, the Company eliminates the impact of the following five amounts: acquisition costs; amortization expenses related to intangible assets acquired; depreciation expense; remeasurement gains or losses related to pre-existing equity interests; and contingent consideration fair value adjustments. The Company’s reconciliations from its reported U.S. GAAP “net income before provision for income taxes” to its non-GAAP “adjusted net income before provision for income taxes”, and “net income” and “net cash provided by (used in) operating activities” to its non-GAAP “EBITDA” are provided below and are also included in the Company’s Annual Report on Form 10-K to be filed with the SEC for the fiscal year ended June 30, 2026.
Company Contact:
Steve Reiner, Executive Vice President, Capital Markets & Investor Relations
Gold.com, Inc.
1-310-587-1410
sreiner@gold.com
Investor Relations Contact:
Reed Anderson, ICR
646-277-1260
reed.anderson@icrinc.com
GOLD@icrinc.com
| GOLD.COM, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except for share data) | ||||||||
| June 30, 2026 | June 30, 2025 | |||||||
| (unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets | ||||||||
| Cash | $ | 577,976 | $ | 77,741 | ||||
| Receivables, net | 196,037 | 137,723 | ||||||
| Derivative assets | 317,976 | 134,515 | ||||||
| Secured loans receivable | 115,128 | 94,037 | ||||||
| Inventories: | ||||||||
| Inventories | 1,561,851 | 794,812 | ||||||
| Restricted inventories | 798,485 | 484,733 | ||||||
| 2,360,336 | 1,279,545 | |||||||
| Income tax receivable | 2,148 | 4,575 | ||||||
| Prepaid expenses and other assets | 34,750 | 15,359 | ||||||
| Total current assets | 3,604,351 | 1,743,495 | ||||||
| Operating lease right of use assets | 31,659 | 22,843 | ||||||
| Property, plant, and equipment, net | 71,064 | 45,509 | ||||||
| Goodwill | 250,803 | 228,650 | ||||||
| Intangibles, net | 146,318 | 137,314 | ||||||
| Long-term investments | 26,986 | 33,015 | ||||||
| Other long-term assets | 5,738 | 4,605 | ||||||
| Total assets | $ | 4,136,919 | $ | 2,215,431 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities | ||||||||
| Liabilities on borrowed metals | $ | 776,061 | $ | 46,051 | ||||
| Product financing arrangements | 89,249 | 484,733 | ||||||
| Accounts payable and other payables | 38,778 | 22,248 | ||||||
| Deferred revenue and other advances | 2,139,974 | 426,904 | ||||||
| Derivative liabilities | 39,918 | 96,177 | ||||||
| Accrued liabilities | 58,789 | 34,021 | ||||||
| Notes payable | 4,000 | 3,994 | ||||||
| Total current liabilities | 3,146,769 | 1,114,128 | ||||||
| Lines of credit | — | 345,000 | ||||||
| Notes payable | 206 | 3,349 | ||||||
| Deferred tax liabilities | 14,615 | 18,335 | ||||||
| Other liabilities | 36,963 | 31,948 | ||||||
| Total liabilities | 3,198,553 | 1,512,760 | ||||||
| Commitments and contingencies | ||||||||
| Stockholders’ equity | ||||||||
| Preferred stock, | — | — | ||||||
| Common stock, par value | 292 | 247 | ||||||
| Additional paid-in capital | 351,545 | 184,998 | ||||||
| Accumulated other comprehensive income | 140 | 212 | ||||||
| Retained earnings | 523,736 | 464,059 | ||||||
| Total Gold.com, Inc. stockholders’ equity | 875,713 | 649,516 | ||||||
| Noncontrolling interests | 62,653 | 53,155 | ||||||
| Total stockholders’ equity | 938,366 | 702,671 | ||||||
| Total liabilities and stockholders’ equity | $ | 4,136,919 | $ | 2,215,431 | ||||
| GOLD.COM, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (in thousands, except for share and per share data; unaudited) | ||||||||||||
| Year Ended June 30, | ||||||||||||
| 2026 | 2025 | 2024 | ||||||||||
| Revenues | $ | 25,513,409 | $ | 10,978,614 | $ | 9,699,039 | ||||||
| Cost of sales | 25,060,265 | 10,767,698 | 9,525,784 | |||||||||
| Gross profit | 453,144 | 210,916 | 173,255 | |||||||||
| Selling, general, and administrative expenses | (275,582 | ) | (139,193 | ) | (89,800 | ) | ||||||
| Depreciation and amortization expense | (34,752 | ) | (22,920 | ) | (11,397 | ) | ||||||
| Interest income | 25,634 | 25,948 | 27,168 | |||||||||
| Interest expense | (61,110 | ) | (46,203 | ) | (39,531 | ) | ||||||
| Earnings (losses) from equity method investments | 4,391 | (2,825 | ) | 4,044 | ||||||||
| Other (expense) income, net | (1,927 | ) | 2,031 | 2,071 | ||||||||
| Remeasurement gain (loss) on pre-existing equity interests | 4,136 | (5,143 | ) | 16,669 | ||||||||
| Gains (losses) on foreign exchange | (4,412 | ) | (1,341 | ) | 299 | |||||||
| Net income before provision for income taxes | 109,522 | 21,270 | 82,778 | |||||||||
| Income tax expense | (20,907 | ) | (5,426 | ) | (13,745 | ) | ||||||
| Net income | 88,615 | 15,844 | 69,033 | |||||||||
| Net (loss) income attributable to noncontrolling interests | 6,274 | (1,476 | ) | 487 | ||||||||
| Net income attributable to the Company | $ | 82,341 | $ | 17,320 | $ | 68,546 | ||||||
| Basic and diluted net income per share attributable to Gold.com, Inc.: | ||||||||||||
| Basic | $ | 3.11 | $ | 0.73 | $ | 2.97 | ||||||
| Diluted | $ | 3.02 | $ | 0.71 | $ | 2.84 | ||||||
| Weighted-average shares outstanding: | ||||||||||||
| Basic | 26,435,700 | 23,625,900 | 23,091,700 | |||||||||
| Diluted | 27,262,600 | 24,441,500 | 24,120,800 | |||||||||
| GOLD.COM, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands; unaudited) | ||||||||||||
| Year Ended June 30, | ||||||||||||
| 2026 | 2025 | 2024 | ||||||||||
| Cash flows from operating activities: | ||||||||||||
| Net income | $ | 88,615 | $ | 15,844 | $ | 69,033 | ||||||
| Adjustments to reconcile net income to net cash flows from operating activities: | ||||||||||||
| Depreciation and amortization | 34,752 | 22,920 | 11,397 | |||||||||
| Amortization of loan cost | 4,267 | 4,092 | 2,447 | |||||||||
| Share-based compensation | 2,407 | 1,594 | 1,923 | |||||||||
| Remeasurement (gain) loss on pre-existing equity interests | (4,136 | ) | 5,143 | (16,669 | ) | |||||||
| Losses (earnings) from equity method investments | (4,391 | ) | 2,825 | (4,044 | ) | |||||||
| Other | 181 | (3,960 | ) | (2,214 | ) | |||||||
| Changes in assets and liabilities: | ||||||||||||
| Receivables, net | (32,126 | ) | (57,604 | ) | 16,754 | |||||||
| Secured loans made to affiliates | — | 16 | 56 | |||||||||
| Derivative assets | (181,458 | ) | (18,992 | ) | (36,243 | ) | ||||||
| Income tax receivable | 2,427 | (606 | ) | — | ||||||||
| Precious metals held under financing arrangements | — | — | 3,464 | |||||||||
| Inventories | (158,855 | ) | (22,072 | ) | (52,758 | ) | ||||||
| Prepaid expenses and other assets | (923 | ) | (3,386 | ) | (1,168 | ) | ||||||
| Accounts payable and other payables | 5,661 | (17,354 | ) | (16,285 | ) | |||||||
| Deferred revenue and other advances (including amounts from related parties of | 1,583,854 | 150,156 | 65,180 | |||||||||
| Derivative liabilities | (56,259 | ) | 69,109 | 18,265 | ||||||||
| Liabilities on borrowed metals | (71,011 | ) | 14,058 | 9,878 | ||||||||
| Accrued liabilities | 9,779 | (9,436 | ) | (7,097 | ) | |||||||
| Income tax payable | — | — | (985 | ) | ||||||||
| Net cash provided by operating activities | 1,222,784 | 152,347 | 60,934 | |||||||||
| Cash flows from investing activities: | ||||||||||||
| Capital expenditures for property, plant, and equipment | (12,708 | ) | (10,678 | ) | (7,256 | ) | ||||||
| Acquisition of businesses, net of cash acquired | (35,074 | ) | (114,609 | ) | (31,871 | ) | ||||||
| Purchase of long-term investments | (6,400 | ) | — | (2,113 | ) | |||||||
| Purchase of stablecoin | (20,000 | ) | — | — | ||||||||
| Purchase of intangible assets | (1,720 | ) | — | (8,515 | ) | |||||||
| Secured loans receivable, net | (21,081 | ) | 19,035 | (12,489 | ) | |||||||
| Purchase of marketable securities | — | (2,549 | ) | — | ||||||||
| Proceeds from sale of marketable securities | — | 4,213 | — | |||||||||
| Other | 6,905 | (77 | ) | (1,353 | ) | |||||||
| Net cash used in investing activities | (90,078 | ) | (104,665 | ) | (63,597 | ) | ||||||
| Cash flows from financing activities: | ||||||||||||
| Product financing arrangements, net | (395,484 | ) | (85,031 | ) | 157,541 | |||||||
| Dividends paid | (22,504 | ) | (18,804 | ) | (41,845 | ) | ||||||
| Borrowings under lines of credit | 3,472,500 | 1,960,000 | 1,893,000 | |||||||||
| Repayments under lines of credit | (3,817,500 | ) | (1,860,000 | ) | (1,883,000 | ) | ||||||
| Repayment of notes | — | (197 | ) | (95,000 | ) | |||||||
| Proceeds from notes payable to related party | — | — | 3,448 | |||||||||
| Repayments on notes payable to related party | — | (8,367 | ) | — | ||||||||
| Net proceeds from the issuance of common stock | 140,038 | — | — | |||||||||
| Repurchases of common stock | — | (901 | ) | (22,307 | ) | |||||||
| Repurchases of common stock from a related party | — | (4,219 | ) | — | ||||||||
| Debt funding issuance costs | (2,641 | ) | (4,186 | ) | (3,323 | ) | ||||||
| Proceeds from the exercise of share-based awards | 3,712 | 3,305 | 1,962 | |||||||||
| Payments for tax withholding related to net settlement of share-based awards | (785 | ) | (177 | ) | (546 | ) | ||||||
| Other | (9,807 | ) | — | 2,051 | ||||||||
| Net cash (used in) provided by financing activities | (632,471 | ) | (18,577 | ) | 11,981 | |||||||
| Net increase in cash | 500,235 | 29,105 | 9,318 | |||||||||
| Cash, beginning of period | 77,741 | 48,636 | 39,318 | |||||||||
| Cash, end of period | $ | 577,976 | $ | 77,741 | $ | 48,636 | ||||||
Overview of Results of Operations for the Three Months Ended June 30, 2026 and 2025
Consolidated Results of Operations
The operating results for the three months ended June 30, 2026 and 2025 were as follows (in thousands, except per share data):
| Three Months Ended June 30, | 2026 | 2025 | Change | ||||||||||||||||||
| $ | % of revenue | $ | % of revenue | $ | % | ||||||||||||||||
| Revenues | $ | 5,005,014 | 100.000 | % | $ | 2,512,048 | 100.000 | % | $ | 2,492,966 | 99.2 | % | |||||||||
| Gross profit | 110,297 | 2.204 | % | 81,689 | 3.252 | % | $ | 28,608 | 35.0 | % | |||||||||||
| Selling, general, and administrative expenses | (77,941 | ) | (1.557 | %) | (53,418 | ) | (2.126 | %) | $ | 24,523 | 45.9 | % | |||||||||
| Depreciation and amortization expense | (10,115 | ) | (0.202 | %) | (8,576 | ) | (0.341 | %) | $ | 1,539 | 17.9 | % | |||||||||
| Interest income | 7,457 | 0.149 | % | 5,345 | 0.213 | % | $ | 2,112 | 39.5 | % | |||||||||||
| Interest expense | (13,227 | ) | (0.264 | %) | (12,902 | ) | (0.514 | %) | $ | 325 | 2.5 | % | |||||||||
| Earnings (losses) from equity method investments | 2,037 | 0.041 | % | (771 | ) | (0.031 | %) | $ | 2,808 | 364.2 | % | ||||||||||
| Other (expense) income, net | (9,033 | ) | (0.180 | %) | 199 | 0.008 | % | $ | (9,232 | ) | (4,639.2 | %) | |||||||||
| Remeasurement gain on pre-existing equity interests | 4,136 | 0.083 | % | 1,900 | 0.076 | % | $ | 2,236 | 117.7 | % | |||||||||||
| Losses on foreign exchange | (1,308 | ) | (0.026 | %) | (446 | ) | (0.018 | %) | $ | 862 | 193.3 | % | |||||||||
| Net income before provision for income taxes | 12,303 | 0.246 | % | 13,020 | 0.518 | % | $ | (717 | ) | (5.5 | %) | ||||||||||
| Income tax expense | (282 | ) | (0.006 | %) | (2,860 | ) | (0.114 | %) | $ | (2,578 | ) | (90.1 | %) | ||||||||
| Net income | 12,021 | 0.240 | % | 10,160 | 0.404 | % | $ | 1,861 | 18.3 | % | |||||||||||
| Net loss attributable to noncontrolling interests | (136 | ) | (0.003 | %) | (164 | ) | (0.007 | %) | $ | (28 | ) | (17.1 | %) | ||||||||
| Net income attributable to the Company | $ | 12,157 | 0.243 | % | $ | 10,324 | 0.411 | % | $ | 1,833 | 17.8 | % | |||||||||
| Basic and diluted net income per share attributable to Gold.com, Inc.: | |||||||||||||||||||||
| Per Share Data: | |||||||||||||||||||||
| Basic | $ | 0.42 | $ | 0.42 | $ | — | — | % | |||||||||||||
| Diluted | $ | 0.41 | $ | 0.41 | $ | — | — | % | |||||||||||||
Overview of Results of Operations for the Three Months Ended June 30, 2026 and March 31, 2026
Consolidated Results of Operations
The operating results for the three months ended June 30, 2026 and March 31, 2026 were as follows (in thousands, except per share data):
| Three Months Ended | June 30, 2026 | March 31, 2026 | Change | ||||||||||||||||||
| $ | % of revenue | $ | % of revenue | $ | % | ||||||||||||||||
| Revenues | $ | 5,005,014 | 100.000 | % | $ | 10,350,729 | 100.000 | % | $ | (5,345,715 | ) | (51.6 | %) | ||||||||
| Gross profit | 110,297 | 2.204 | % | 176,580 | 1.706 | % | $ | (66,283 | ) | (37.5 | %) | ||||||||||
| Selling, general, and administrative expenses | (77,941 | ) | (1.557 | %) | (78,035 | ) | (0.754 | %) | $ | (94 | ) | (0.1 | %) | ||||||||
| Depreciation and amortization expense | (10,115 | ) | (0.202 | %) | (9,416 | ) | (0.091 | %) | $ | 699 | 7.4 | % | |||||||||
| Interest income | 7,457 | 0.149 | % | 6,817 | 0.066 | % | $ | 640 | 9.4 | % | |||||||||||
| Interest expense | (13,227 | ) | (0.264 | %) | (19,030 | ) | (0.184 | %) | $ | (5,803 | ) | (30.5 | %) | ||||||||
| Earnings from equity method investments | 2,037 | 0.041 | % | 2,253 | 0.022 | % | $ | (216 | ) | (9.6 | %) | ||||||||||
| Other (expense) income, net | (9,033 | ) | (0.180 | %) | 4,623 | 0.045 | % | $ | (13,656 | ) | (295.4 | %) | |||||||||
| Remeasurement gain on pre-existing equity interests | 4,136 | 0.083 | % | — | — | % | $ | 4,136 | — | % | |||||||||||
| Losses on foreign exchange | (1,308 | ) | (0.026 | %) | (2,039 | ) | (0.020 | %) | $ | (731 | ) | (35.9 | %) | ||||||||
| Net income before provision for income taxes | 12,303 | 0.246 | % | 81,753 | 0.790 | % | $ | (69,450 | ) | (85.0 | %) | ||||||||||
| Income tax expense | (282 | ) | (0.006 | %) | (17,716 | ) | (0.171 | %) | $ | (17,434 | ) | (98.4 | %) | ||||||||
| Net income | 12,021 | 0.240 | % | 64,037 | 0.619 | % | $ | (52,016 | ) | (81.2 | %) | ||||||||||
| Net (loss) income attributable to noncontrolling interests | (136 | ) | (0.003 | %) | 4,550 | 0.044 | % | $ | (4,686 | ) | (103.0 | %) | |||||||||
| Net income attributable to the Company | $ | 12,157 | 0.243 | % | $ | 59,487 | 0.575 | % | $ | (47,330 | ) | (79.6 | %) | ||||||||
| Basic and diluted net income per share attributable to Gold.com, Inc.: | |||||||||||||||||||||
| Per Share Data: | |||||||||||||||||||||
| Basic | $ | 0.42 | $ | 2.17 | $ | (1.75 | ) | (80.6 | %) | ||||||||||||
| Diluted | $ | 0.41 | $ | 2.09 | $ | (1.68 | ) | (80.4 | %) | ||||||||||||
Overview of Results of Operations for the Years Ended June 30, 2026 and 2025
Consolidated Results of Operations
The operating results for the years ended June 30, 2026 and 2025 were as follows (in thousands, except per share data):
| Year Ended June 30, | 2026 | 2025 | Change | ||||||||||||||||||
| $ | % of revenue | $ | % of revenue | $ | % | ||||||||||||||||
| Revenues | $ | 25,513,409 | 100.000 | % | $ | 10,978,614 | 100.000 | % | $ | 14,534,795 | 132.4 | % | |||||||||
| Gross profit | 453,144 | 1.776 | % | 210,916 | 1.921 | % | $ | 242,228 | 114.8 | % | |||||||||||
| Selling, general, and administrative expenses | (275,582 | ) | (1.080 | %) | (139,193 | ) | (1.268 | %) | $ | 136,389 | 98.0 | % | |||||||||
| Depreciation and amortization expense | (34,752 | ) | (0.136 | %) | (22,920 | ) | (0.209 | %) | $ | 11,832 | 51.6 | % | |||||||||
| Interest income | 25,634 | 0.100 | % | 25,948 | 0.236 | % | $ | (314 | ) | (1.2 | %) | ||||||||||
| Interest expense | (61,110 | ) | (0.240 | %) | (46,203 | ) | (0.421 | %) | $ | 14,907 | 32.3 | % | |||||||||
| Earnings (losses) from equity method investments | 4,391 | 0.017 | % | (2,825 | ) | (0.026 | %) | $ | 7,216 | 255.4 | % | ||||||||||
| Other (expense) income, net | (1,927 | ) | (0.008 | %) | 2,031 | 0.018 | % | $ | (3,958 | ) | (194.9 | %) | |||||||||
| Remeasurement gain (loss) on pre-existing equity interests | 4,136 | 0.016 | % | (5,143 | ) | (0.047 | %) | $ | 9,279 | 180.4 | % | ||||||||||
| Losses on foreign exchange | (4,412 | ) | (0.017 | %) | (1,341 | ) | (0.012 | %) | $ | 3,071 | 229.0 | % | |||||||||
| Net income before provision for income taxes | 109,522 | 0.429 | % | 21,270 | 0.194 | % | $ | 88,252 | 414.9 | % | |||||||||||
| Income tax expense | (20,907 | ) | (0.082 | %) | (5,426 | ) | (0.049 | %) | $ | 15,481 | 285.3 | % | |||||||||
| Net income | 88,615 | 0.347 | % | 15,844 | 0.144 | % | $ | 72,771 | 459.3 | % | |||||||||||
| Net income (loss) attributable to noncontrolling interests | 6,274 | 0.025 | % | (1,476 | ) | (0.013 | %) | $ | 7,750 | 525.1 | % | ||||||||||
| Net income attributable to the Company | $ | 82,341 | 0.323 | % | $ | 17,320 | 0.158 | % | $ | 65,021 | 375.4 | % | |||||||||
| Basic and diluted net income per share attributable to Gold.com, Inc.: | |||||||||||||||||||||
| Per Share Data: | |||||||||||||||||||||
| Basic | $ | 3.11 | $ | 0.73 | $ | 2.38 | 326.0 | % | |||||||||||||
| Diluted | $ | 3.02 | $ | 0.71 | $ | 2.31 | 325.4 | % | |||||||||||||
Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended June 30, 2026 and 2025
A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and 2025 follows (in thousands):
| Three Months Ended June 30, | 2026 | 2025 | Change | |||||||||||||
| $ | $ | $ | % | |||||||||||||
| Net income before provision for income taxes | $ | 12,303 | $ | 13,020 | $ | (717 | ) | (5.5 | %) | |||||||
| Adjustments: | ||||||||||||||||
| Remeasurement gain on pre-existing equity interests | (4,136 | ) | (1,900 | ) | $ | 2,236 | 117.7 | % | ||||||||
| Contingent consideration fair value adjustment | 6,327 | (10 | ) | $ | 6,337 | 63,370.0 | % | |||||||||
| Acquisition costs | 132 | (523 | ) | $ | 655 | 125.2 | % | |||||||||
| Amortization of acquired intangibles | 7,004 | 6,658 | $ | 346 | 5.2 | % | ||||||||||
| Depreciation expense | 3,111 | 1,918 | $ | 1,193 | 62.2 | % | ||||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 24,741 | $ | 19,163 | $ | 5,578 | 29.1 | % | ||||||||
A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the three months ended June 30, 2026 and 2025 follows (in thousands):
| Three Months Ended June 30, | 2026 | 2025 | Change | |||||||||||||
| Reconciliation of Net Income to EBITDA: | $ | $ | $ | % | ||||||||||||
| Net income | $ | 12,021 | $ | 10,160 | $ | 1,861 | 18.3 | % | ||||||||
| Adjustments: | ||||||||||||||||
| Interest income | (7,457 | ) | (5,345 | ) | $ | 2,112 | 39.5 | % | ||||||||
| Interest expense | 13,227 | 12,902 | $ | 325 | 2.5 | % | ||||||||||
| Amortization of acquired intangibles | 7,004 | 6,658 | $ | 346 | 5.2 | % | ||||||||||
| Depreciation expense | 3,111 | 1,918 | $ | 1,193 | 62.2 | % | ||||||||||
| Income tax expense | 282 | 2,860 | $ | (2,578 | ) | (90.1 | %) | |||||||||
| 16,167 | 18,993 | $ | (2,826 | ) | (14.9 | %) | ||||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 28,188 | $ | 29,153 | $ | (965 | ) | (3.3 | %) | |||||||
| Reconciliation of Operating Cash Flows to EBITDA: | ||||||||||||||||
| Net cash provided by operating activities | $ | 1,069,754 | $ | 66,966 | $ | 1,002,788 | 1,497.5 | % | ||||||||
| Changes in operating working capital | (1,050,328 | ) | (49,665 | ) | $ | 1,000,663 | 2,014.8 | % | ||||||||
| Interest expense | 13,227 | 12,902 | $ | 325 | 2.5 | % | ||||||||||
| Interest income | (7,457 | ) | (5,345 | ) | $ | 2,112 | 39.5 | % | ||||||||
| Income tax expense | 282 | 2,860 | $ | (2,578 | ) | (90.1 | %) | |||||||||
| Earnings (losses) from equity method investments | 2,037 | (771 | ) | $ | 2,808 | 364.2 | % | |||||||||
| Remeasurement gain on pre-existing equity interests | 4,136 | 1,900 | $ | 2,236 | 117.7 | % | ||||||||||
| Share-based compensation | (1,064 | ) | (618 | ) | $ | 446 | 72.2 | % | ||||||||
| Amortization of loan cost | (376 | ) | (1,246 | ) | $ | (870 | ) | (69.8 | %) | |||||||
| Other | (2,023 | ) | 2,170 | $ | (4,193 | ) | (193.2 | %) | ||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 28,188 | $ | 29,153 | $ | (965 | ) | (3.3 | %) | |||||||
Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended June 30, 2026 and March 31, 2026
A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the three months ended June 30, 2026 and March 31, 2026 follows (in thousands):
| Three Months Ended | June 30, 2026 | March 31, 2026 | Change | |||||||||||||
| $ | $ | $ | % | |||||||||||||
| Net income before provision for income taxes | $ | 12,303 | 81,753 | $ | (69,450 | ) | (85.0 | %) | ||||||||
| Adjustments: | ||||||||||||||||
| Remeasurement gain on pre-existing equity interests | (4,136 | ) | — | $ | (4,136 | ) | — | % | ||||||||
| Contingent consideration fair value adjustment | 6,327 | (4,436 | ) | $ | 10,763 | 242.6 | % | |||||||||
| Acquisition costs | 132 | 378 | $ | (246 | ) | (65.1 | %) | |||||||||
| Amortization of acquired intangibles | 7,004 | 6,975 | $ | 29 | 0.4 | % | ||||||||||
| Depreciation expense | 3,111 | 2,441 | $ | 670 | 27.4 | % | ||||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 24,741 | $ | 87,111 | $ | (62,370 | ) | (71.6 | %) | |||||||
A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the three months ended June 30, 2026 and March 31, 2026 follows (in thousands):
| Three Months Ended | June 30, 2026 | March 31, 2026 | Change | |||||||||||||
| Reconciliation of Net Income to EBITDA: | $ | $ | $ | % | ||||||||||||
| Net income | $ | 12,021 | $ | 64,037 | $ | (52,016 | ) | (81.2 | %) | |||||||
| Adjustments: | ||||||||||||||||
| Interest income | (7,457 | ) | (6,817 | ) | $ | 640 | 9.4 | % | ||||||||
| Interest expense | 13,227 | 19,030 | $ | (5,803 | ) | (30.5 | %) | |||||||||
| Amortization of acquired intangibles | 7,004 | 6,975 | $ | 29 | 0.4 | % | ||||||||||
| Depreciation expense | 3,111 | 2,441 | $ | 670 | 27.4 | % | ||||||||||
| Income tax expense | 282 | 17,716 | $ | (17,434 | ) | (98.4 | %) | |||||||||
| 16,167 | 39,345 | $ | (23,178 | ) | (58.9 | %) | ||||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 28,188 | $ | 103,382 | $ | (75,194 | ) | (72.7 | %) | |||||||
| Reconciliation of Operating Cash Flows to EBITDA: | ||||||||||||||||
| Net cash provided by operating activities | $ | 1,069,754 | $ | 235 | $ | 1,069,519 | 455,114.5 | % | ||||||||
| Changes in operating working capital | (1,050,328 | ) | 70,603 | $ | (1,120,931 | ) | (1,587.7 | %) | ||||||||
| Interest expense | 13,227 | 19,030 | $ | (5,803 | ) | (30.5 | %) | |||||||||
| Interest income | (7,457 | ) | (6,817 | ) | $ | 640 | 9.4 | % | ||||||||
| Income tax expense | 282 | 17,716 | $ | (17,434 | ) | (98.4 | %) | |||||||||
| Earnings from equity method investments | 2,037 | 2,253 | $ | (216 | ) | (9.6 | %) | |||||||||
| Remeasurement gain on pre-existing equity interests | 4,136 | — | $ | 4,136 | — | % | ||||||||||
| Share-based compensation | (1,064 | ) | (505 | ) | $ | 559 | 110.7 | % | ||||||||
| Amortization of loan cost | (376 | ) | (1,128 | ) | $ | (752 | ) | (66.7 | %) | |||||||
| Other | (2,023 | ) | 1,995 | $ | (4,018 | ) | (201.4 | %) | ||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 28,188 | $ | 103,382 | $ | (75,194 | ) | (72.7 | %) | |||||||
Reconciliation of U.S. GAAP to Non-GAAP Measures for the Full Year Ended June 30, 2026 and 2025
A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the years ended June 30, 2026 and 2025 follows (in thousands):
| Year Ended June 30, | 2026 | 2025 | Change | |||||||||||||
| $ | $ | $ | % | |||||||||||||
| Net income before provision for income taxes | $ | 109,522 | $ | 21,270 | $ | 88,252 | 414.9 | % | ||||||||
| Adjustments: | ||||||||||||||||
| Remeasurement (gain) loss on pre-existing equity interests | (4,136 | ) | 5,143 | $ | (9,279 | ) | (180.4 | %) | ||||||||
| Contingent consideration fair value adjustment | (890 | ) | (1,140 | ) | $ | (250 | ) | (21.9 | %) | |||||||
| Acquisition costs | 692 | 4,866 | $ | (4,174 | ) | (85.8 | %) | |||||||||
| Amortization of acquired intangibles | 24,362 | 18,316 | $ | 6,046 | 33.0 | % | ||||||||||
| Depreciation expense | 10,390 | 4,604 | $ | 5,786 | 125.7 | % | ||||||||||
| Adjusted net income before provision for income taxes (non-GAAP) | $ | 139,940 | $ | 53,059 | $ | 86,881 | 163.7 | % | ||||||||
A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the years ended June 30, 2026, 2025, and 2024 follows (in thousands):
| Year Ended June 30, | 2026 | 2025 | Change | |||||||||||||
| Reconciliation of Net Income to EBITDA: | $ | $ | $ | % | ||||||||||||
| Net income | $ | 88,615 | $ | 15,844 | $ | 72,771 | 459.3 | % | ||||||||
| Adjustments: | ||||||||||||||||
| Interest income | (25,634 | ) | (25,948 | ) | $ | (314 | ) | (1.2 | %) | |||||||
| Interest expense | 61,110 | 46,203 | $ | 14,907 | 32.3 | % | ||||||||||
| Amortization of acquired intangibles | 24,362 | 18,316 | $ | 6,046 | 33.0 | % | ||||||||||
| Depreciation expense | 10,390 | 4,604 | $ | 5,786 | 125.7 | % | ||||||||||
| Income tax expense | 20,907 | 5,426 | $ | 15,481 | 285.3 | % | ||||||||||
| 91,135 | 48,601 | $ | 42,534 | 87.5 | % | |||||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 179,750 | $ | 64,445 | $ | 115,305 | 178.9 | % | ||||||||
| Reconciliation of Operating Cash Flows to EBITDA: | ||||||||||||||||
| Net cash provided by operating activities | $ | 1,222,784 | $ | 152,347 | $ | 1,070,437 | 702.6 | % | ||||||||
| Changes in operating working capital | (1,101,089 | ) | (103,889 | ) | $ | 997,200 | 959.9 | % | ||||||||
| Interest expense | 61,110 | 46,203 | $ | 14,907 | 32.3 | % | ||||||||||
| Interest income | (25,634 | ) | (25,948 | ) | $ | (314 | ) | (1.2 | %) | |||||||
| Income tax expense | 20,907 | 5,426 | $ | 15,481 | 285.3 | % | ||||||||||
| Earnings (losses) from equity method investments | 4,391 | (2,825 | ) | $ | 7,216 | 255.4 | % | |||||||||
| Remeasurement gain (loss) on pre-existing equity interests | 4,136 | (5,143 | ) | $ | 9,279 | 180.4 | % | |||||||||
| Share-based compensation | (2,407 | ) | (1,594 | ) | $ | 813 | 51.0 | % | ||||||||
| Amortization of loan cost | (4,267 | ) | (4,092 | ) | $ | 175 | 4.3 | % | ||||||||
| Other | (181 | ) | 3,960 | $ | (4,141 | ) | (104.6 | %) | ||||||||
| Earnings before interest, taxes, depreciation, and amortization (non-GAAP) | $ | 179,750 | $ | 64,445 | $ | 115,305 | 178.9 | % | ||||||||
FAQ
How did Gold.com (GOLD) revenue perform in fiscal year 2026?
For the year ended June 30, 2026, Gold.com generated $25.513 billion in revenue, an increase of 132% compared to $10.979 billion in fiscal 2025. Full-year gross profit rose to $453.1 million, though gross margin eased to 1.78%.
What were Gold.com (GOLD) fourth quarter 2026 financial results?
In the fourth quarter of fiscal 2026, Gold.com posted revenue of $5.005 billion, up 99% year over year, and net income attributable to the company of $12.2 million, up 18% year over year. Diluted EPS was $0.41, flat year over year but down from $2.09 in the prior quarter.
How did Gold.com (GOLD) EBITDA and adjusted net income change in fiscal 2026?
Gold.com reported fiscal 2026 non-GAAP EBITDA of $179.8 million, up 179% from $64.4 million in 2025. Adjusted net income before provision for income taxes increased 164% to $139.9 million, compared with $53.1 million a year earlier.
What were Gold.com (GOLD) EBITDA and adjusted results for Q4 2026?
For the quarter ended June 30, 2026, Gold.com recorded EBITDA of $28.2 million, down 3% year over year and 73% sequentially. Adjusted net income before provision for income taxes was $24.7 million, up 29% year over year but down 72% from the March 2026 quarter.
Did Gold.com (GOLD) announce a dividend with its fiscal 2026 results?
Yes. Gold.com declared a special dividend of $1.00 per share in connection with its fiscal 2026 results. The company positioned this capital return as part of its focus on delivering long-term value to shareholders.
What strategic developments did Gold.com (GOLD) highlight in fiscal 2026 results?
Gold.com highlighted its rebranding, growth in storage and secured lending, and the completion of the Sunshine Minting (SMI) acquisition in April 2026. The company stated that SMI expands production capacity and supports demand from sovereign mints and its portfolio of brands.