Gold.com Reports Fiscal Third Quarter 2026 Results

Rhea-AI Summary

Gold.com (NYSE:GOLD) reported fiscal Q3 2026 results for the quarter ended March 31, 2026. Revenues rose to $10.351 billion, net income was $59.5 million and diluted EPS was $2.09. Non-GAAP EBITDA was $103.4 million.

The company closed a $150.0 million equity purchase with TPM (Tether affiliate), bought $20.0 million of XAUT, completed Monex acquisition in the quarter and announced a quarterly cash dividend.

Positive

• Revenues +244% to $10.351 billion (Q3 FY2026)
• Net income of $59.5 million in Q3 FY2026
• Diluted EPS $2.09 for Q3 FY2026
• EBITDA $103.4 million in Q3 FY2026
• Completed $150.0 million equity purchase by TPM (Tether affiliate)

Negative

• DTC new customers down to 292,900 from 899,600 year-over-year
• Number of secured loans fell to 337 from 491 year-over-year
• Gold ounces sold modestly down sequentially to 527,000 from 545,000

Key Figures

Q3 2026 revenue: $10.351B Q3 2026 net income: $59.5M Q3 2026 diluted EPS: $2.09 +5 more

8 metrics

Q3 2026 revenue $10.351B Three months ended March 31, 2026

Q3 2026 net income $59.5M Net income attributable to the Company, Q3 FY 2026

Q3 2026 diluted EPS $2.09 Diluted earnings per share, Q3 FY 2026

Q3 2026 EBITDA $103.4M Non-GAAP EBITDA, three months ended March 31, 2026

Nine-month 2026 revenue $20.508B Nine months ended March 31, 2026

Tether equity investment $150.0M Aggregate purchase price for 3,370,787 shares at $44.50

Gold ounces sold 527,000 ounces Three months ended March 31, 2026

Silver ounces sold 29,220,000 ounces Three months ended March 31, 2026

Market Reality Check

Price: $42.93 Vol: Volume 419,856 is below 2...

normal vol

$42.93 Last Close

Volume Volume 419,856 is below 20-day average 544,037 ahead of the earnings release. normal

Technical Trading above 200-day MA, with price 42.93 vs 200-day MA at 32.10 before results.

Previous Earnings Reports

5 past events · Latest: Feb 05 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 05	Q2 2026 earnings	Positive	+9.9%	Reported Q2 2026 results with revenue, EPS, EBITDA and dividend details.
May 07	Q1 2025 earnings	Positive	+0.9%	Strong Q1 2025 earnings with higher EPS, cash flow and dividend.
Jan 16	Q4 2024 notice	Neutral	-0.6%	Announcement of Q4 2024 results release date and presentation plans.
Oct 10	Q3 2024 notice	Neutral	+2.1%	Schedule for Q3 2024 preliminary data and full results release.
Jul 09	Q2 2024 notice	Neutral	+0.3%	Announcement of Q2 2024 results release and related webinar details.

Pattern Detected

Earnings-related headlines have generally coincided with modestly positive price reactions, especially when accompanied by detailed results.

Recent Company History

Over recent periods, earnings-focused news for GOLD has included full result releases, such as the fiscal Q2 2026 report on Feb 05, 2026, and multiple scheduling notices for upcoming quarters. The Q2 2026 release highlighted revenue of $6.477B and diluted EPS of $0.46 with EBITDA of $33.9M, which coincided with a strong positive move. Earlier Barrick-branded earnings notices mainly set expectations and timing, typically drawing smaller price reactions.

Historical Comparison

+2.5% avg move · Past earnings-tagged headlines for GOLD saw average moves of about 2.52%, giving context for how mar...

earnings

+2.5%

Average Historical Move earnings

Past earnings-tagged headlines for GOLD saw average moves of about 2.52%, giving context for how markets have typically reacted to financial updates.

Earnings news has progressed from scheduling notices in 2024–2025 to full fiscal Q2 2026 results with detailed metrics, reflecting a consistent cadence of comprehensive financial reporting.

Market Pulse Summary

This announcement details a very strong fiscal Q3, with revenue of $10.351B, net income of $59.5M, d...

Analysis

This announcement details a very strong fiscal Q3, with revenue of $10.351B, net income of $59.5M, diluted EPS of $2.09, and EBITDA of $103.4M. It also highlights rapid growth in ounces sold and customer metrics plus the strategic $150.0M Tether investment and XAUT exposure. Compared with Q2 2026 results, investors can track margin trends, non-GAAP adjustments, and how acquisitions contribute to scale and efficiency.

Key Terms

non-gaap, ebitda, stablecoin, contingent consideration, +4 more

8 terms

non-gaap financial

"Non-GAAP Measures (1) : Adjusted net income before provision for income taxes"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

ebitda financial

"EBITDA | | $103,382 | | $1,286"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

stablecoin financial

"purchased $20.0 million of Tether’s gold-backed stablecoin (“XAUT”)."

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

contingent consideration financial

"Contingent consideration fair value adjustment | | (4,436 | )"

Contingent consideration is an additional payment agreed when one company buys another that will be paid later only if specific future targets are met, such as revenue, profit, or regulatory milestones. It matters to investors because it shifts risk between buyer and seller and affects the acquiring company's future cash flow and reported value — like promising a bonus after results are proven.

assets under management financial

"CyberMetals customer assets under management at period end (12) | | $20,100,000"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

forward contracts financial

"excluding ounces of gold recorded on forward contracts."

A forward contract is a private agreement to buy or sell an asset at a specific price on a set future date, like agreeing today to buy a car at a fixed price six months from now. For investors, forwards matter because they let you lock in prices to protect against market swings or to bet on future moves, but they carry extra risk since they are customized deals between parties and can be harder to trade or enforce than standard exchange-traded instruments.

secured loans financial

"Number of secured loans at period end (3) | | 337"

A secured loan is debt backed by a specific asset—like property, equipment, or inventory—that the lender can take if the borrower fails to repay. For investors, secured loans matter because they lower the lender’s risk and often carry lower interest rates, making them more likely to be repaid than unsecured debt; this affects a company’s credit costs, balance-sheet strength, and the safety of lenders' claims in a default, much like a mortgage reduces a bank’s exposure compared with an unpaid credit card.

average order value financial

"Direct-to-Consumer average order value ("AOV") (7) | | $5,618"

Average order value (AOV) is the typical amount a customer spends each time they place an order, calculated by dividing total sales by number of orders over a set period. It matters to investors because it shows how efficiently a company turns customer visits into revenue — higher AOV can boost profits without gaining more customers. Think of it like the average bill per table at a restaurant: increasing that bill raises overall sales even if the number of diners stays the same.

AI-generated analysis. Not financial advice.

Q3 FY 2026 Diluted Earnings Per Share of $2.09

$59.5 Million in Net Income and $103.4 Million in non-GAAP EBITDA in Q3 FY 2026

Company Announces Quarterly Cash Dividend

COSTA MESA, Calif., May 06, 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 third quarter ended March 31, 2026.

Management Commentary

“Our third quarter results reflect the strength of our fully-integrated platform and our ability to capitalize on strong market conditions,” said Gold.com CEO Greg Roberts. “During the quarter, we benefitted from record-breaking metal prices and elevated market volatility, resulting in net income of $59.5 million and diluted earnings per share of $2.09. We successfully navigated these unprecedented market conditions and spike in demand by quickly scaling inventory and production levels at our mints and by leveraging our balance sheet.

“Operationally, we remained focused on driving synergies across our business units and maximizing efficiencies at every level. Our acquisition of Monex at the beginning of the quarter is already delivering strong returns, and the addition of Sunshine Mint at the beginning of the fourth quarter will meaningfully expand our production capabilities going forward. The favorable market conditions we experienced this quarter were global, with LPM continuing to build momentum across Asia, and JMB reporting record performance domestically, reinforcing the breadth of our platform.

“As previously disclosed, on February 4, 2026, the Company entered into a Securities Purchase Agreement with TPM, S.A. de C.V. ("TPM"), a controlled subsidiary of Tether Global Investments Fund, S.I.C.A.F., S.A. ("Tether"), whereby Tether via TPM agreed to purchase an aggregate of 3,370,787 shares of the Company’s common stock at a price of $44.50 per share, for an aggregate purchase price of $150.0 million. The first tranche of the shares was purchased on February 6, 2026, corresponding to 2,840,449 shares for a purchase price of $126.4 million. Following receipt of regulatory clearance, the second tranche of 530,338 shares was purchased on May 5, 2026, for a purchase price of $23.6 million. The Company also entered into storage, metals leasing and trading agreements with Tether affiliates and purchased $20.0 million of Tether’s gold-backed stablecoin (“XAUT”). This partnership is a powerful validation of our vertically integrated model and opens an exciting new frontier, bridging our 60+ year legacy in physical precious metals with the emerging world of digital gold and stablecoins. Together, we believe we can build a global integrated gold ecosystem that serves both retail and institutional customers across physical and digital markets.

“Looking ahead, with an expanded portfolio of category-leading brands, improved operational leverage, nearly $1 billion in shareholder equity, and deep experience across DTC and wholesale channels, Gold.com is positioned to capture growth across multiple markets and to continue to deliver long-term value for our shareholders.”

		Three Months Ended March 31,
		2026					2025
		(in thousands, except Earnings (Loss) per Share)
Selected Key Financial Statement Metrics:
Revenues		$	10,350,729				$	3,009,125
Gross profit		$	176,580				$	41,017
Depreciation and amortization expense		$	(9,416	)			$	(4,996	)
Net income (loss) attributable to the Company		$	59,487				$	(8,546	)
Earnings (Loss) per Share
Basic		$	2.17				$	(0.36	)
Diluted		$	2.09				$	(0.36	)
Non-GAAP Measures (1):
Adjusted net income before provision for income taxes		$	87,111				$	5,749
EBITDA		$	103,382				$	1,286
(1) See Reconciliation of U.S. GAAP to Non-GAAP Measures below and on pages 23-25

A reconciliation of net income (loss) before provision for income taxes to adjusted net income before provision for income taxes for the three months ended March 31, 2026 and 2025 follows (in thousands):
		Three Months Ended March 31,
		2026					2025
Net income (loss) before provision for income taxes		$	81,753				$	(9,939	)
Adjustments:
Remeasurement loss on pre-existing equity interest			—					7,043
Contingent consideration fair value adjustment			(4,436	)				(1,000	)
Acquisition costs			378					4,649
Amortization of acquired intangibles			6,975					4,004
Depreciation expense			2,441					992
Adjusted net income before provision for income taxes (non-GAAP)		$	87,111				$	5,749

		Three Months Ended
		March 31, 2026					December 31, 2025
		(in thousands, except Earnings per Share)
Selected Key Financial Statement Metrics:
Revenues		$	10,350,729				$	6,476,900
Gross profit		$	176,580				$	93,370
Depreciation and amortization expense		$	(9,416	)			$	(7,638	)
Net income attributable to the Company		$	59,487				$	11,636
Earnings per Share:
Basic		$	2.17				$	0.47
Diluted		$	2.09				$	0.46
Non-GAAP Measures (1):
Adjusted net income before provision for income taxes		$	87,111				$	23,216
EBITDA		$	103,382				$	33,879
(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 March 31, 2026 and December 31, 2025 follows (in thousands):
		Three Months Ended
		March 31, 2026					December 31, 2025
Net income before provision for income taxes		$	81,753				$	15,777
Adjustments:
Contingent consideration fair value adjustment			(4,436	)				(320	)
Acquisition costs			378					121
Amortization of acquired intangibles			6,975					5,181
Depreciation expense			2,441					2,457
Adjusted net income before provision for income taxes (non-GAAP)		$	87,111				$	23,216

Fiscal Third Quarter 2026 Financial Highlights

• Revenues for the three months ended March 31, 2026 increased 244% to $10.351 billion from $3.009 billion for the three months ended March 31, 2025, and increased 60% from $6.477 billion for the three months ended December 31, 2025
• Gross profit for the three months ended March 31, 2026 increased 331% to $176.6 million from $41.0 million for the three months ended March 31, 2025, and increased 89% from $93.4 million for the three months ended December 31, 2025
• Gross profit margin for the three months ended March 31, 2026 increased to 1.71% of revenue, from 1.36% of revenue for the three months ended March 31, 2025, and increased from 1.44% of revenue for the three months ended December 31, 2025
• Net income (loss) attributable to the Company for the three months ended March 31, 2026 increased 796% to $59.5 million from $(8.5) million for the three months ended March 31, 2025, and increased 411% from net income of $11.6 million for the three months ended December 31, 2025
• Diluted earnings (loss) per share totaled $2.09 for the three months ended March 31, 2026, a 681% increase compared to $(0.36) for the three months ended March 31, 2025, and increased 354% from $0.46 for the three months ended December 31, 2025
• 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 March 31, 2026 increased 1,415% to $87.1 million from $5.7 million for the three months ended March 31, 2025, and increased 275% from $23.2 million for the three months ended December 31, 2025
• Earnings before interest, taxes, depreciation and amortization (“EBITDA”), a non-GAAP liquidity measure, for the three months ended March 31, 2026 increased 7,939% to $103.4 million from $1.3 million for the three months ended March 31, 2025, and increased 205% from $33.9 million for the three months ended December 31, 2025
  
  

		Nine Months Ended March 31,
		2026					2025
		(in thousands, except Earnings per Share)
Selected Key Financial Statement Metrics:
Revenues		$	20,508,395				$	8,466,566
Gross profit		$	342,847				$	129,227
Depreciation and amortization expense		$	(24,637	)			$	(14,344	)
Net income attributable to the Company		$	70,184				$	6,996
Earnings per Share:
Basic		$	2.74				$	0.30
Diluted		$	2.65				$	0.29
Non-GAAP Measures (1):
Adjusted net income before provision for income taxes		$	115,199				$	33,896
EBITDA		$	151,562				$	35,292
(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 nine months ended March 31, 2026 and 2025 follows (in thousands):
		Nine Months Ended March 31,
		2026					2025
Net income before provision for income taxes		$	97,219				$	8,250
Adjustments:
Remeasurement gain on pre-existing equity interests			—					7,043
Contingent consideration fair value adjustment			(7,217	)				(1,130	)
Acquisition costs			560					5,389
Amortization of acquired intangibles			17,358					11,658
Depreciation expense			7,279					2,686
Adjusted net income before provision for income taxes (non-GAAP)		$	115,199				$	33,896

Fiscal Nine Months 2026 Financial Highlights

• Revenues for the nine months ended March 31, 2026 increased 142% to $20.508 billion from $8.467 billion for the nine months ended March 31, 2025
• Gross profit for the nine months ended March 31, 2026 increased 165% to $342.8 million from $129.2 million for the nine months ended March 31, 2025
• Gross profit margin for the nine months ended March 31, 2026 increased to 1.67% of revenue from 1.53% of revenue for the nine months ended March 31, 2025
• Net income attributable to the Company for the nine months ended March 31, 2026 increased 903% to $70.2 million from $7.0 million for the nine months ended March 31, 2025
• Diluted earnings per share totaled $2.65 for the nine months ended March 31, 2026, a 814% increase compared to $0.29 for the nine months ended March 31, 2025
• Adjusted net income before provision for income taxes for the nine months ended March 31, 2026 totaled $115.2 million, a 240% increase from $33.9 million for the nine months ended March 31, 2025
• EBITDA for the nine months ended March 31, 2026 increased 329% to $151.6 million from $35.3 million for the nine months ended March 31, 2025
  
  

		Three Months Ended March 31,
		2026					2025
Selected Operating and Financial Metrics:
Gold ounces sold (1)			527,000					432,000
Silver ounces sold (2)			29,220,000					15,702,000
Number of secured loans at period end (3)			337					491
Secured loans receivable at period end		$	126,034,000				$	86,512,000
Direct-to-Consumer ("DTC") number of new customers (4)			292,900					899,600
Direct-to-Consumer number of active customers (5)			246,000					140,700
Direct-to-Consumer number of total customers (6)			4,654,400					4,087,100
Direct-to-Consumer average order value ("AOV") (7)		$	5,618				$	3,084
JM Bullion ("JMB") average order value (8)		$	3,056				$	1,994
CyberMetals number of new customers (9)			1,300					2,100
CyberMetals number of active customers (10)			2,200					1,700
CyberMetals number of total customers (11)			41,300					35,100
CyberMetals customer assets under management at period end (12)		$	20,100,000				$	9,700,000
(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, and metrics from Monex are included from January 2, 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, and metrics from Monex are included from January 2, 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
		March 31, 2026					December 31, 2025
Selected Operating and Financial Metrics:
Gold ounces sold (1)			527,000					545,000
Silver ounces sold (2)			29,220,000					18,635,000
Number of secured loans at period end (3)			337					355
Secured loans receivable at period end		$	126,034,000				$	120,351,000
Direct-to-Consumer ("DTC") number of new customers (4)			292,900					96,100
Direct-to-Consumer number of active customers (5)			246,000					229,100
Direct-to-Consumer number of total customers (6)			4,654,400					4,361,500
Direct-to-Consumer average order value ("AOV") (7)		$	5,618				$	4,824
JM Bullion ("JMB") average order value (8)		$	3,056				$	2,637
CyberMetals number of new customers (9)			1,300					1,400
CyberMetals number of active customers (10)			2,200					1,900
CyberMetals number of total customers (11)			41,300					40,000
CyberMetals customer assets under management at period end (12)		$	20,100,000				$	18,900,000
(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, and metrics from Monex are included from January 2, 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, and metrics from Monex are included from January 2, 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 Third Quarter 2026 Operational Highlights

• Gold ounces sold in the three months ended March 31, 2026 increased 22% to 527,000 ounces from 432,000 ounces for the three months ended March 31, 2025, and decreased 3% from 545,000 ounces for the three months ended December 31, 2025

• Silver ounces sold in the three months ended March 31, 2026 increased 86% to 29.2 million ounces from 15.7 million ounces for the three months ended March 31, 2025, and increased 57% from 18.6 million ounces for the three months ended December 31, 2025
• As of March 31, 2026, the number of secured loans decreased 31% to 337 from 491 as of March 31, 2025, and decreased 5% from 355 as of December 31, 2025
• Direct-to-Consumer new customers for the three months ended March 31, 2026 decreased 67% to 292,900 from 899,600 for the three months ended March 31, 2025, and increased 205% from 96,100 for the three months ended December 31, 2025. For the three months ended March 31, 2026, approximately 58% of the new customers were attributable to the acquisition of Monex. For the three months ended March 31, 2025, approximately 93% of the new customers were attributable to the acquisitions of Pinehurst and SGI
• Direct-to-Consumer active customers for the three months ended March 31, 2026 increased 75% to 246,000 from 140,700 for the three months ended March 31, 2025, and increased 7% from 229,100 for the three months ended December 31, 2025
• Direct-to-Consumer average order value for the three months ended March 31, 2026 increased $2,534, or 82% to $5,618 from $3,084 for the three months ended March 31, 2025, and increased $794, or 16% from $4,824 for the three months ended December 31, 2025
• JM Bullion’s average order value for the three months ended March 31, 2026 increased $1,062, or 53% to $3,056 from $1,994 for the three months ended March 31, 2025, and increased $419, or 16% from $2,637 for the three months ended December 31, 2025
  
  

		Nine Months Ended March 31,
		2026					2025
Selected Operating and Financial Metrics:
Gold ounces sold (1)			1,511,000					1,296,000
Silver ounces sold (2)			58,246,000					57,979,000
Number of secured loans at period end (3)			337					491
Secured loans receivable at period end		$	126,034,000				$	86,512,000
Direct-to-Consumer ("DTC") number of new customers (4)			458,400					1,020,300
Direct-to-Consumer number of active customers (5)			622,400					410,700
Direct-to-Consumer number of total customers (6)			4,654,400					4,087,100
Direct-to-Consumer average order value ("AOV") (7)		$	4,970				$	3,080
JM Bullion ("JMB") average order value (8)		$	2,811				$	2,077
CyberMetals number of new customers (9)			4,400					5,600
CyberMetals number of active customers (10)			5,916					5,100
CyberMetals number of total customers (11)			41,300					35,100
CyberMetals customer assets under management at period end (12)		$	20,100,000				$	9,700,000
(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, and metrics from Monex are included from January 2, 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, and metrics from Monex are included from January 2, 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 Nine Months 2026 Operational Highlights

• Gold ounces sold in the nine months ended March 31, 2026 increased 17% to 1.5 million ounces from 1.3 million ounces for the nine months ended March 31, 2025
• Silver ounces sold in the nine months ended March 31, 2026 increased 0.5% to 58.2 million ounces from 58.0 million ounces for the nine months ended March 31, 2025
• Direct-to-Consumer new customers for the nine months ended March 31, 2026 decreased 55% to 458,400 from 1,020,300 for the nine months ended March 31, 2025. Approximately 37% of the new customers for the nine months ended March 31, 2026 were attributable to the acquisition of Monex. Approximately 82% of the new customers for the nine months ended March 31, 2025 were attributable to the acquisitions of SGI and Pinehurst
• Direct-to-Consumer active customers for the nine months ended March 31, 2026 increased 52% to 622,400 from 410,700 for the nine months ended March 31, 2025
• Direct-to-Consumer average order value for the nine months ended March 31, 2026 increased $1,890, or 61% to $4,970 from $3,080 for the nine months ended March 31, 2025
• JM Bullion’s average order value for the nine months ended March 31, 2026 increased $734, or 35% to $2,811 from $2,077 for the nine months ended March 31, 2025
  
  

Fiscal Third Quarter 2026 Financial Summary

Revenues increased 244% to $10.351 billion from $3.009 billion in the same year-ago quarter. Excluding an increase of $4.371 billion of forward sales, our revenues increased $2.971 billion, or 186.5%, which was due to higher average selling prices of gold and silver as well as an increase in gold and silver ounces sold. Revenues also increased due to the acquisitions of SGI and Pinehurst in February 2025, AMS in April 2025, and Monex in January 2026.

Gross profit increased 331% to $176.6 million (1.71% of revenue) from $41.0 million (1.36% of revenue) in the same year-ago quarter. The overall gross profit increase was due to an increase in gross profits earned by both the Wholesale Sales & Ancillary Services segment and the Direct-to-Consumer segment, including the acquisitions of SGI, Pinehurst, AMS, and Monex, which were not fully included in the same year-ago period. The Direct-to-Consumer segment contributed 67% and 61% of the consolidated gross profit in the fiscal third quarters of 2026 and 2025, respectively. Gross profit contributed by JMB represented 27% of the consolidated gross profit in the fiscal third quarter of 2026 and 40% of the consolidated gross profit for the prior year fiscal third quarter.

Selling, general and administrative expenses increased 134% to $78.0 million from $33.4 million in the same year-ago quarter. The change was primarily due to an increase in compensation expense (including performance-based accruals) of $27.1 million, higher advertising costs of $7.6 million, an increase in insurance costs of $4.5 million, an increase in bank service and credit card fees of $1.9 million, and an increase in facilities expense of $1.2 million. Selling, general and administrative expenses for the three months ended March 31, 2026 included $33.0 million of expenses incurred by SGI, Pinehurst, AMS, and Monex, which were not included in the same year-ago period, as they were not consolidated subsidiaries for the full period. Excluding the increase from newly acquired subsidiaries, our selling, general and administrative expenses increased $11.6 million from the prior year period.

Depreciation and amortization expense increased 88% to $9.4 million from $5.0 million in the same year-ago quarter. The change was primarily due to an increase in amortization expense of $4.6 million relating to an increase in intangible asset amortization from intangible assets acquired through our acquisitions of SGI, Pinehurst, AMS, and Monex, and an increase in depreciation expense of $1.5 million due to an increase in capital expenditures, partially offset by a decrease of $1.6 million in JMB and SGB intangible asset amortization.

Interest income increased 1% to $6.8 million from $6.7 million in the same year-ago quarter. The aggregate increase in interest income was due to an increase in interest income earned by our Secured Lending segment of $0.5 million, partially offset by a decrease in other finance product income of $0.5 million.

Interest expense increased 47% to $19.0 million from $13.0 million in the same year-ago quarter. The increase in interest expense was primarily due to higher interest and fees of $3.0 million related to product financing arrangements due to higher interest rates and higher overall borrowings, an increase of $2.6 million related to precious metals leases driven by higher overall borrowings, partially offset by a decrease in interest rates, and an increase of $0.3 million associated with our Trading Credit Facility due to increased borrowings, partially offset by a decrease in interest rates.

Earnings (losses) from equity method investments increased 1,115% to earnings of $2.3 million from a loss of $0.2 million in the same year-ago quarter. The increase was due to increased earnings of our equity method investees.

Net income attributable to the Company totaled $59.5 million or $2.09 per diluted share, compared to a net loss of $8.5 million or $0.36 per diluted share in the same year-ago quarter.

Adjusted net income before provision for income taxes for the three months ended March 31, 2026 totaled $87.1 million, an increase of $81.4 million or 1,415% compared to $5.7 million in the same year-ago quarter.

EBITDA for the three months ended March 31, 2026 totaled $103.4 million, an increase of $102.1 million or 7,939% compared to $1.3 million in the same year-ago quarter.

Fiscal Nine Months 2026 Financial Summary

Revenues increased 142% to $20.508 billion from $8.467 billion in the same year-ago period. Excluding an increase of $7.427 billion of forward sales, our revenues increased $4.615 billion, or 95.0%, which was due to higher average selling prices of gold and silver as well as an increase in gold and silver ounces sold. Revenues also increased due to the acquisitions of SGI and Pinehurst in February 2025, AMS in April 2025, and Monex in January 2026.

Gross profit increased 165% to $342.8 million (1.67% of revenue) from $129.2 million (1.53% of revenue) in the same year-ago period. The overall gross profit increase was due to an increase in gross profits earned by both the Wholesale Sales & Ancillary Services segment and the Direct-to-Consumer segment, including the acquisitions of SGI, Pinehurst, AMS, and Monex which were not fully included in the same year-ago period. The Direct-to-Consumer segment contributed 70% and 57% of the consolidated gross profit for the nine months ended March 31, 2026 and 2025, respectively. Gross profit contributed by JMB represented 26% and 38% of the consolidated gross profit for the nine months ended March 31, 2026 and 2025, respectively.

Selling, general and administrative expenses increased 130% to $197.6 million from $85.8 million in the same year-ago period. The change was primarily due to an increase in compensation expense (including performance-based accruals) of $68.2 million, higher advertising costs of $17.6 million, an increase in consulting and professional fees of $6.5 million, an increase in insurance costs of $6.1 million, an increase in bank service and credit card fees of $4.5 million, and an increase in facilities expense of $3.8 million. Selling, general and administrative expenses for the nine months ended March 31, 2026 included $93.1 million of expenses incurred by SGI, and Pinehurst, AMS, and Monex, which were not included in the same year-ago period as these were not consolidated subsidiaries for the full period. Excluding the increase from newly acquired subsidiaries, our selling, general and administrative expenses increased $18.8 million from the prior year period.

Depreciation and amortization expense increased 72% to $24.6 million from $14.3 million in the same year-ago period. The change was primarily due to an increase in amortization expense of $10.9 million relating to an increase in intangible asset amortization from intangible assets acquired through our acquisitions of SGI, Pinehurst, AMS, and Monex, and an increase in depreciation expense of $4.6 million due to an increase in capital expenditures, partially offset by a decrease of $5.2 million in JMB and SGB intangible asset amortization.

Interest income decreased 12% to $18.2 million from $20.6 million in the same year-ago period. The aggregate decrease in interest income was due to a decrease in other finance product income of $2.6 million, partially offset by an increase in interest income earned by our Secured Lending segment of $0.2 million.

Interest expense increased 44% to $47.9 million from $33.3 million in the same year-ago period. The increase in interest expense was primarily due to higher interest and fees of $7.2 million related to product financing arrangements due to higher interest rates and higher overall borrowings, an increase of $5.8 million related to precious metals leases driven by higher overall borrowings, partially offset by a decrease in interest rates, and an increase of $1.0 million associated with our Trading Credit Facility due to increased borrowings, partially offset by a decrease in interest rates.

Earnings (losses) from equity method investments increased 215% to earnings of $2.4 million from a loss of $2.1 million in the same year-ago period. The increase was due to increased earnings of our equity method investees.

Net income attributable to the Company totaled $70.2 million or $2.65 per diluted share, compared to net income of $7.0 million or $0.29 per diluted share in the same year-ago period.

Adjusted net income before provision for income taxes for the nine months ended March 31, 2026 totaled $115.2 million, an increase of $81.3 million or 240% compared to $33.9 million for the nine months ended March 31, 2025.

EBITDA for the nine months ended March 31, 2026 totaled $151.6 million, an increase of $116.3 million or 329% compared to $35.3 million in the same year-ago period.

Quarterly Cash Dividend

Gold.com’s Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on June 1, 2026 to stockholders of record as of May 20, 2026.

Conference Call

Gold.com will hold a conference call today (May 6, 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/2867/53877
U.S. dial-in number: 1-888-506-0062
International number: 1-973-528-0011
Participant Access Code: 159685

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 1-949-574-3860.

A replay of the call will be available after 7:30 p.m. Eastern time through May 20, 2026.

Toll-free replay number: 1-877-481-4010
International replay number: 1-919-882-2331
Participant Access Code: 53877

About Gold.com, Inc.

Gold.com builds on gold’s storied history and heritage to define the future of alternative asst 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 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, the delivery of long-term value, expense optimization, cost containment and operating leverage. 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; the inability of the Company successfully to expand its business to include cryptocurrency; the inability of the Company to work with its strategic partners to combine traditional precious metal assets and a blockchain based infrastructure; 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 Quarterly Report on Form 10-Q 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 four amounts: acquisition costs; amortization expenses related to intangible assets acquired; depreciation expense; 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 Quarterly Report on Form 10-Q to be filed with the SEC for the quarterly period ended March 31, 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:
Matt Glover or Greg Bradbury
Gateway Group, Inc.
1-949-574-3860
GOLD@gateway-grp.com

Media Relations Contact
ICR for Gold.com
GOLD@icrinc.com

GOLD.COM, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except for share data)
		March 31, 2026				June 30, 2025
		(unaudited)
ASSETS
Current assets
Cash		$	143,607			$	77,741
Receivables, net			168,362				137,723
Derivative assets			434,798				134,515
Secured loans receivable			126,034				94,037
Inventories:
Inventories			1,319,449				794,812
Restricted inventories			1,447,112				484,733
			2,766,561				1,279,545
Income tax receivable			1,759				4,575
Prepaid expenses and other assets			27,213				15,359
Total current assets			3,668,334				1,743,495
Operating lease right of use assets			21,527				22,843
Property, plant, and equipment, net			47,191				45,509
Goodwill			243,735				228,650
Intangibles, net			147,677				137,314
Long-term investments			39,487				33,015
Other long-term assets			6,122				4,605
Total assets		$	4,174,073			$	2,215,431
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Liabilities on borrowed metals		$	916,696			$	46,051
Product financing arrangements			609,732				484,733
Accounts payable and other payables			86,569				22,248
Deferred revenue and other advances			1,404,036				426,904
Derivative liabilities			47,166				96,177
Accrued liabilities			51,130				34,021
Notes payable			4,000				3,994
Total current liabilities			3,119,329				1,114,128
Lines of credit			98,000				345,000
Notes payable			3,317				3,349
Deferred tax liabilities			18,188				18,335
Other liabilities			28,358				31,948
Total liabilities			3,267,192				1,512,760
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of March 31, 2026 or June 30, 2025			—				—
Common stock, par value $0.01; 40,000,000 shares authorized; 28,474,034 and 24,639,386 shares issued and outstanding as of March 31, 2026 and June 30, 2025, respectively			285				247
Additional paid-in capital			328,356				184,998
Accumulated other comprehensive income			125				212
Retained earnings			518,550				464,059
Total Gold.com, Inc. stockholders’ equity			847,316				649,516
Noncontrolling interests			59,565				53,155
Total stockholders’ equity			906,881				702,671
Total liabilities and stockholders’ equity		$	4,174,073			$	2,215,431

GOLD.COM, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands, except for share and per share data; unaudited)
		Three Months Ended March 31,								Nine Months Ended March 31,
		2026				2025				2026				2025
Revenues		$	10,350,729			$	3,009,125			$	20,508,395			$	8,466,566
Cost of sales			10,174,149				2,968,108				20,165,548				8,337,339
Gross profit			176,580				41,017				342,847				129,227
Selling, general, and administrative expenses			(78,035	)			(33,404	)			(197,641	)			(85,775	)
Depreciation and amortization expense			(9,416	)			(4,996	)			(24,637	)			(14,344	)
Interest income			6,817				6,722				18,177				20,603
Interest expense			(19,030	)			(12,951	)			(47,883	)			(33,301	)
Earnings (losses) from equity method investments			2,253				(222	)			2,354				(2,054	)
Other income, net			4,623				1,171				7,106				1,832
Remeasurement loss on pre-existing equity interests			—				(7,043	)			—				(7,043	)
Unrealized losses on foreign exchange			(2,039	)			(233	)			(3,104	)			(895	)
Net income (loss) before provision for income taxes			81,753				(9,939	)			97,219				8,250
Income tax (expense) benefit			(17,716	)			1,231				(20,625	)			(2,566	)
Net income (loss)			64,037				(8,708	)			76,594				5,684
Net income (loss) attributable to noncontrolling interests			4,550				(162	)			6,410				(1,312	)
Net income (loss) attributable to the Company		$	59,487			$	(8,546	)		$	70,184			$	6,996
Basic and diluted net income (loss) per share attributable to Gold.com, Inc.:
Basic		$	2.17			$	(0.36	)		$	2.74			$	0.30
Diluted		$	2.09			$	(0.36	)		$	2.65			$	0.29
Weighted-average shares outstanding:
Basic			27,360,200				23,646,100				25,609,800				23,275,000
Diluted			28,404,400				23,646,100				26,446,600				24,118,100

GOLD.COM, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands; unaudited)
		Nine Months Ended March 31,
		2026				2025
Cash flows from operating activities:
Net income		$	76,594			$	5,684
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization			24,637				14,344
Amortization of loan cost			3,891				2,846
Share-based compensation			1,343				976
Remeasurement loss on pre-existing equity interests			—				7,043
Losses (earnings) from equity method investments			(2,354	)			2,054
Other			(1,842	)			(1,790	)
Changes in assets and liabilities:
Receivables, net			(20,632	)			(55,625	)
Secured loans made to affiliates			—				16
Derivative assets			(286,696	)			23,121
Income tax receivable			2,816				(5,335	)
Inventories			(615,471	)			(76,234	)
Prepaid expenses and other assets			(11,795	)			(3,622	)
Accounts payable and other payables			61,671				(2,262	)
Deferred revenue and other advances			966,756				106,588
Derivative liabilities			(49,011	)			59,410
Liabilities on borrowed metals			108,443				12,231
Accrued liabilities			(105,320	)			(4,064	)
Net cash provided by operating activities			153,030				85,381
Cash flows from investing activities:
Capital expenditures for property, plant, and equipment			(9,208	)			(6,780	)
Acquisition of businesses, net of cash acquired			(15,169	)			(64,823	)
Purchase of long-term investments			(6,400	)			—
Purchase of intangible assets			—				(100	)
Secured loans receivable, net			(31,987	)			26,555
Purchase of marketable securities			—				(2,549	)
Proceeds from sale of marketable securities			—				4,213
Other			(881	)			23
Net cash used in investing activities			(63,645	)			(43,461	)
Cash flows from financing activities:
Product financing arrangements, net			124,999				(12,936	)
Dividends paid			(15,602	)			(13,883	)
Borrowings under lines of credit			2,992,500				1,483,000
Repayments under lines of credit			(3,239,500	)			(1,418,000	)
Repayments on notes payable to related party			—				(8,367	)
Net proceeds from the issuance of common stock			117,624				—
Repurchases of common stock			—				(901	)
Repurchases of common stock from a related party			—				(4,219	)
Debt funding issuance costs			(2,641	)			(4,186	)
Proceeds from the exercise of share-based awards			3,547				3,281
Payments for tax withholding related to net settlement of share-based awards			(342	)			—
Other			(4,104	)			—
Net cash (used in) provided by financing activities			(23,519	)			23,789
Net increase in cash			65,866				65,709
Cash, beginning of period			77,741				48,636
Cash, end of period		$	143,607			$	114,345

Overview of Results of Operations for the Three Months Ended March 31, 2026 and 2025

Consolidated Results of Operations

The operating results for the three months ended March 31, 2026 and 2025 were as follows (in thousands, except per share data):

Three Months Ended March 31,		2026								2025								Change
		$				% of revenue				$				% of revenue				$				%
Revenues		$	10,350,729				100.000	%		$	3,009,125				100.000	%		$	7,341,604				244.0	%
Gross profit			176,580				1.706	%			41,017				1.363	%		$	135,563				330.5	%
Selling, general, and administrative expenses			(78,035	)			(0.754	%)			(33,404	)			(1.110	%)		$	44,631				133.6	%
Depreciation and amortization expense			(9,416	)			(0.091	%)			(4,996	)			(0.166	%)		$	4,420				88.5	%
Interest income			6,817				0.066	%			6,722				0.223	%		$	95				1.4	%
Interest expense			(19,030	)			(0.184	%)			(12,951	)			(0.430	%)		$	6,079				46.9	%
Earnings (losses) from equity method investments			2,253				0.022	%			(222	)			(0.007	%)		$	2,475				1,114.9	%
Other income, net			4,623				0.045	%			1,171				0.039	%		$	3,452				294.8	%
Remeasurement loss on pre-existing equity interests			—				—	%			(7,043	)			(0.234	%)		$	(7,043	)			(100.0	%)
Unrealized losses on foreign exchange			(2,039	)			(0.020	%)			(233	)			(0.008	%)		$	1,806				775.1	%
Net income (loss) before provision for income taxes			81,753				0.790	%			(9,939	)			(0.330	%)		$	91,692				922.5	%
Income tax (expense) benefit			(17,716	)			(0.171	%)			1,231				0.041	%		$	(18,947	)			(1,539.2	%)
Net income (loss)			64,037				0.619	%			(8,708	)			(0.289	%)		$	72,745				835.4	%
Net income (loss) attributable to noncontrolling interests			4,550				0.044	%			(162	)			(0.005	%)		$	4,712				2,908.6	%
Net income (loss) attributable to the Company		$	59,487				0.575	%		$	(8,546	)			(0.284	%)		$	68,033				796.1	%
Basic and diluted net income (loss) per share attributable to Gold.com, Inc.:
Per Share Data:
Basic		$	2.17							$	(0.36	)						$	2.53				702.8	%
Diluted		$	2.09							$	(0.36	)						$	2.45				680.6	%

Overview of Results of Operations for the Three Months Ended March 31, 2026 and December 31, 2025

Consolidated Results of Operations

The operating results for the three months ended March 31, 2026 and December 31, 2025 were as follows (in thousands, except per share data):

Three Months Ended		March 31, 2026								December 31, 2025								Change
		$				% of revenue				$				% of revenue				$				%
Revenues		$	10,350,729				100.000	%		$	6,476,900				100.000	%		$	3,873,829				59.8	%
Gross profit			176,580				1.706	%			93,370				1.442	%		$	83,210				89.1	%
Selling, general, and administrative expenses			(78,035	)			(0.754	%)			(59,784	)			(0.923	%)		$	18,251				30.5	%
Depreciation and amortization expense			(9,416	)			(0.091	%)			(7,638	)			(0.118	%)		$	1,778				23.3	%
Interest income			6,817				0.066	%			5,789				0.089	%		$	1,028				17.8	%
Interest expense			(19,030	)			(0.184	%)			(16,253	)			(0.251	%)		$	2,777				17.1	%
Earnings from equity method investments			2,253				0.022	%			1,009				0.016	%		$	1,244				123.3	%
Other income, net			4,623				0.045	%			250				0.004	%		$	4,373				1,749.2	%
Unrealized losses on foreign exchange			(2,039	)			(0.020	%)			(966	)			(0.015	%)		$	1,073				111.1	%
Net income before provision for income taxes			81,753				0.790	%			15,777				0.244	%		$	65,976				418.2	%
Income tax expense			(17,716	)			(0.171	%)			(2,249	)			(0.035	%)		$	15,467				687.7	%
Net income			64,037				0.619	%			13,528				0.209	%		$	50,509				373.4	%
Net income attributable to noncontrolling interests			4,550				0.044	%			1,892				0.029	%		$	2,658				140.5	%
Net income attributable to the Company		$	59,487				0.575	%		$	11,636				0.180	%		$	47,851				411.2	%
Basic and diluted net income per share attributable to Gold.com, Inc.:
Per Share Data:
Basic		$	2.17							$	0.47							$	1.70				361.7	%
Diluted		$	2.09							$	0.46							$	1.63				354.3	%

Overview of Results of Operations for the Nine Months Ended March 31, 2026 and 2025

Consolidated Results of Operations

The operating results for the nine months ended March 31, 2026 and 2025 were as follows (in thousands, except per share data):

Nine Months Ended March 31,		2026								2025								Change
		$				% of revenue				$				% of revenue				$				%
Revenues		$	20,508,395				100.000	%		$	8,466,566				100.000	%		$	12,041,829				142.2	%
Gross profit			342,847				1.672	%			129,227				1.526	%		$	213,620				165.3	%
Selling, general, and administrative expenses			(197,641	)			(0.964	%)			(85,775	)			(1.013	%)		$	111,866				130.4	%
Depreciation and amortization expense			(24,637	)			(0.120	%)			(14,344	)			(0.169	%)		$	10,293				71.8	%
Interest income			18,177				0.089	%			20,603				0.243	%		$	(2,426	)			(11.8	%)
Interest expense			(47,883	)			(0.233	%)			(33,301	)			(0.393	%)		$	14,582				43.8	%
Earnings (losses) from equity method investments			2,354				0.011	%			(2,054	)			(0.024	%)		$	4,408				214.6	%
Other income, net			7,106				0.035	%			1,832				0.022	%		$	5,274				287.9	%
Remeasurement loss on pre-existing equity interests			—				—	%			(7,043	)			(0.083	%)		$	(7,043	)			(100.0	%)
Unrealized losses on foreign exchange			(3,104	)			(0.015	%)			(895	)			(0.011	%)		$	2,209				246.8	%
Net income before provision for income taxes			97,219				0.474	%			8,250				0.097	%		$	88,969				1,078.4	%
Income tax expense			(20,625	)			(0.101	%)			(2,566	)			(0.030	%)		$	18,059				703.8	%
Net income			76,594				0.373	%			5,684				0.067	%		$	70,910				1,247.5	%
Net income (loss) attributable to noncontrolling interests			6,410				0.031	%			(1,312	)			(0.015	%)		$	7,722				588.6	%
Net income attributable to the Company		$	70,184				0.342	%		$	6,996				0.083	%		$	63,188				903.2	%
Basic and diluted net income per share attributable to Gold.com, Inc.:
Per Share Data:
Basic		$	2.74							$	0.30							$	2.44				813.3	%
Diluted		$	2.65							$	0.29							$	2.36				813.8	%

Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended March 31, 2026 and 2025

A reconciliation of net income (loss) before provision for income taxes to adjusted net income before provision for income taxes for the three months ended March 31, 2026 and 2025 follows (in thousands):

Three Months Ended March 31,		2026				2025				Change
		$				$				$					%
Net income (loss) before provision for income taxes		$	81,753			$	(9,939	)		$	91,692					922.5	%
Adjustments:
Remeasurement loss on pre-existing equity interests			—				7,043			$	(7,043	)				(100.0	%)
Contingent consideration fair value adjustment			(4,436	)			(1,000	)		$	3,436					343.6	%
Acquisition costs			378				4,649			$	(4,271	)				(91.9	%)
Amortization of acquired intangibles			6,975				4,004			$	2,971					74.2	%
Depreciation expense			2,441				992			$	1,449					146.1	%
Adjusted net income before provision for income taxes (non-GAAP)		$	87,111			$	5,749			$	81,362					1,415.2	%

A reconciliation of net income (loss) to EBITDA, and operating cash flows to EBITDA for the three months ended March 31, 2026 and 2025 follows (in thousands):

Three Months Ended March 31,		2026				2025				Change
Reconciliation of Net Income (Loss) to EBITDA:		$				$				$				%
Net income (loss)		$	64,037			$	(8,708	)		$	72,745				835.4	%
Adjustments:
Interest income			(6,817	)			(6,722	)		$	95				1.4	%
Interest expense			19,030				12,951			$	6,079				46.9	%
Amortization of acquired intangibles			6,975				4,004			$	2,971				74.2	%
Depreciation expense			2,441				992			$	1,449				146.1	%
Income tax expense (benefit)			17,716				(1,231	)		$	18,947				1,539.2	%
			39,345				9,994			$	29,351				293.7	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	103,382			$	1,286			$	102,096				7,939.0	%
Reconciliation of Operating Cash Flows to EBITDA:
Net cash provided by operating activities		$	235			$	102,839			$	(102,604	)			(99.8	%)
Changes in operating working capital			70,603				(99,355	)		$	169,958				171.1	%
Interest expense			19,030				12,951			$	6,079				46.9	%
Interest income			(6,817	)			(6,722	)		$	95				1.4	%
Income tax expense (benefit)			17,716				(1,231	)		$	18,947				1,539.2	%
Earnings (losses) from equity method investments			2,253				(222	)		$	2,475				1,114.9	%
Remeasurement loss on pre-existing equity interests			—				(7,043	)		$	(7,043	)			(100.0	%)
Share-based compensation			(505	)			(349	)		$	156				44.7	%
Amortization of loan cost			(1,128	)			(1,166	)		$	(38	)			(3.3	%)
Other			1,995				1,584			$	411				25.9	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	103,382			$	1,286			$	102,096				7,939.0	%

Reconciliation of U.S. GAAP to Non-GAAP Measures for the Three Months Ended March 31, 2026 and December 31, 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 March 31, 2026 and December 31, 2025 follows (in thousands):

Three Months Ended		March 31, 2026				December 31, 2025				Change
		$				$				$				%
Net income before provision for income taxes		$	81,753				15,777			$	65,976				418.2	%
Adjustments:
Contingent consideration fair value adjustment			(4,436	)			(320	)		$	4,116				1,286.3	%
Acquisition costs			378				121			$	257				212.4	%
Amortization of acquired intangibles			6,975				5,181			$	1,794				34.6	%
Depreciation expense			2,441				2,457			$	(16	)			(0.7	%)
Adjusted net income before provision for income taxes (non-GAAP)		$	87,111			$	23,216			$	63,895				275.2	%

A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the three months ended March 31, 2026 and December 31, 2025 follows (in thousands):

Three Months Ended		March 31, 2026				December 31, 2025				Change
Reconciliation of Net Income to EBITDA:		$				$				$				%
Net income		$	64,037			$	13,528			$	50,509				373.4	%
Adjustments:
Interest income			(6,817	)			(5,789	)		$	1,028				17.8	%
Interest expense			19,030				16,253			$	2,777				17.1	%
Amortization of acquired intangibles			6,975				5,181			$	1,794				34.6	%
Depreciation expense			2,441				2,457			$	(16	)			(0.7	%)
Income tax expense			17,716				2,249			$	15,467				687.7	%
			39,345				20,351			$	18,994				93.3	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	103,382			$	33,879			$	69,503				205.2	%
Reconciliation of Operating Cash Flows to EBITDA:
Net cash provided by (used in) operating activities		$	235			$	(42,622	)		$	42,857				100.6	%
Changes in operating working capital			70,603				66,319			$	4,284				6.5	%
Interest expense			19,030				16,253			$	2,777				17.1	%
Interest income			(6,817	)			(5,789	)		$	1,028				17.8	%
Income tax expense			17,716				2,249			$	15,467				687.7	%
Earnings from equity method investments			2,253				1,009			$	1,244				123.3	%
Share-based compensation			(505	)			(463	)		$	42				9.1	%
Amortization of loan cost			(1,128	)			(1,128	)			—				—	%
Other			1,995				(1,949	)		$	3,944				202.4	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	103,382			$	33,879			$	69,503				205.2	%

Reconciliation of U.S. GAAP to Non-GAAP Measures for the Nine Months Ended March 31, 2026 and 2025

A reconciliation of net income before provision for income taxes to adjusted net income before provision for income taxes for the nine months ended March 31, 2026 and 2025 follows (in thousands):

Nine Months Ended March 31,		2026				2025				Change
		$				$				$				%
Net income before provision for income taxes		$	97,219			$	8,250			$	88,969				1,078.4	%
Adjustments:
Remeasurement loss on pre-existing equity interests			—				7,043			$	(7,043	)			(100.0	%)
Contingent consideration fair value adjustment			(7,217	)			(1,130	)		$	6,087				538.7	%
Acquisition costs			560				5,389			$	(4,829	)			(89.6	%)
Amortization of acquired intangibles			17,358				11,658			$	5,700				48.9	%
Depreciation expense			7,279				2,686			$	4,593				171.0	%
Adjusted net income before provision for income taxes (non-GAAP)		$	115,199			$	33,896			$	81,303				239.9	%

A reconciliation of net income to EBITDA, and operating cash flows to EBITDA for the nine months ended March 31, 2026 and 2025 follows (in thousands):

Nine Months Ended March 31,		2026				2025				Change
Reconciliation of Net Income to EBITDA:		$				$				$				%
Net income		$	76,594			$	5,684			$	70,910				1,247.5	%
Adjustments:
Interest income			(18,177	)			(20,603	)		$	(2,426	)			(11.8	%)
Interest expense			47,883				33,301			$	14,582				43.8	%
Amortization of acquired intangibles			17,358				11,658			$	5,700				48.9	%
Depreciation expense			7,279				2,686			$	4,593				171.0	%
Income tax expense			20,625				2,566			$	18,059				703.8	%
			74,968				29,608			$	45,360				153.2	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	151,562			$	35,292			$	116,270				329.5	%
Reconciliation of Operating Cash Flows to EBITDA:
Net cash provided by operating activities		$	153,030			$	85,381			$	67,649				79.2	%
Changes in operating working capital			(50,761	)			(54,224	)		$	(3,463	)			(6.4	%)
Interest expense			47,883				33,301			$	14,582				43.8	%
Interest income			(18,177	)			(20,603	)		$	(2,426	)			(11.8	%)
Income tax expense			20,625				2,566			$	18,059				703.8	%
Earnings (losses) from equity method investments			2,354				(2,054	)		$	4,408				214.6	%
Remeasurement loss on pre-existing equity interests			—				(7,043	)		$	(7,043	)			(100.0	%)
Share-based compensation			(1,343	)			(976	)		$	367				37.6	%
Amortization of loan cost			(3,891	)			(2,846	)		$	1,045				36.7	%
Other			1,842				1,790			$	52				2.9	%
Earnings before interest, taxes, depreciation, and amortization (non-GAAP)		$	151,562			$	35,292			$	116,270				329.5	%

FAQ

What were Gold.com's (GOLD) Q3 2026 revenue and EPS results on May 6, 2026?

Gold.com reported $10.351 billion in revenue and diluted EPS $2.09 for Q3 FY2026. According to the company, revenue rose 244% year-over-year and diluted EPS improved from $(0.36) to $2.09.

How much non-GAAP EBITDA did GOLD report for Q3 FY2026 and why does it matter?

Gold.com reported $103.4 million of EBITDA for Q3 FY2026. According to the company, this non-GAAP liquidity measure rose sharply year-over-year, reflecting higher gross profit and operational leverage across its platform.

What strategic transaction did Gold.com disclose on May 6, 2026 involving Tether and TPM?

Gold.com entered a Securities Purchase Agreement for 3,370,787 shares totaling $150.0 million. According to the company, TPM (a Tether affiliate) purchased the first and second tranches on Feb 6 and May 5, 2026.

Did Gold.com announce any shareholder return or dividend with the Q3 FY2026 results?

Yes, Gold.com announced a quarterly cash dividend in connection with its Q3 FY2026 results. According to the company, the dividend was included alongside the quarter's financial disclosures on May 6, 2026.

Which operational metrics changed materially for GOLD in Q3 FY2026 versus Q3 FY2025?

Key changes: DTC new customers fell to 292,900 from 899,600 and secured loans dropped to 337 from 491 year-over-year. According to the company, these reflect shifts in customer acquisition and lending activity.