$PHYS
Sprott Physical Gold Trust
CIK:0001477049|SEC Filings
Statements of comprehensive income (loss) - USD ($) $ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Income | ||
| Net realized gains (losses) on redemptions and sales of gold bullion (note 6) | $ 147,583 | $ 57,138 |
| Net change in unrealized gains (losses) on gold bullion (note 6) | 5,849,334 | 1,701,279 |
| Other income | 1,638 | 1,044 |
| 5,998,555 | 1,759,461 | |
| Expenses | ||
| Management fees (note 8) | 43,181 | 26,816 |
| Sales tax | 2,675 | 1,655 |
| Bullion storage fees | 1,545 | 1,564 |
| Listing and regulatory filing fees | 1,392 | 507 |
| Unitholder reporting costs | 482 | 243 |
| Legal fees | 269 | 112 |
| Administrative fees | 259 | 239 |
| Audit fees | 132 | 113 |
| Independent Review Committee fees | 8 | 8 |
| Custodial fees | 5 | 3 |
| Trustee fees | 4 | 4 |
| Net foreign exchange losses (gains) | (4) | 3 |
| 49,948 | 31,267 | |
| Net income (loss) and comprehensive income (loss) | $ 5,948,607 | $ 1,728,194 |
| Weighted average number of Units | 457,313,977 | 405,188,238 |
| Increase (decrease) in total equity from operations per Unit | $ 13.01 | $ 4.27 |
Statements of financial position - USD ($) $ in Thousands |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Assets | ||
| Cash | $ 26,912 | $ 8,924 |
| Prepaid assets | 154 | |
| Gold bullion (note 6) | 15,952,722 | 8,602,306 |
| Total assets | 15,979,788 | 8,611,230 |
| Liabilities | ||
| Accounts payable | 3,305 | 3,033 |
| Total liabilities | 3,305 | 3,033 |
| Equity | ||
| Unitholders’ capital | 7,427,746 | 5,815,259 |
| Unit premiums and reserves | 146 | 145 |
| Retained earnings (deficit) | 8,668,821 | 2,907,911 |
| Underwriting commissions and issue expenses | (120,230) | (115,118) |
| Total equity (note 7) | 15,976,483 | 8,608,197 |
| Total liabilities and equity | $ 15,979,788 | $ 8,611,230 |
| Total equity per Unit | $ 33.60 | $ 20.59 |