Gold.com (GOLD) investor relations material

Executive summary

• Achieved record financial performance in Q3 2026, driven by unprecedented market volatility, strong metal prices, and robust demand for precious metals across all segments.

• Successfully leveraged acquisitions and integrated platform to capitalize on favorable trading conditions, with significant contributions from Direct-to-Consumer and Wholesale segments.

• Strategic partnerships and acquisitions, including Monex and Sunshine Minting, expanded production capabilities and geographic reach.

• Partnership with Tether included a $150 million equity investment and $20 million purchase of gold-backed stablecoin, enhancing capital position and digital-physical gold integration.

Financial highlights

• Q3 2026 revenue rose 244% year-over-year to $10.35 billion; excluding forward sales, revenue increased 187%.

• Gross profit for Q3 2026 increased 331% to $176.6 million; gross margin was 1.71% versus 1.36% last year.

• Net income for Q3 2026 was $60 million ($2.09 per diluted share), compared to a net loss of $8 million last year.

• Adjusted net income before tax for Q3 was $87.1 million, up 1,415% year-over-year; EBITDA for Q3 2026 totaled $103.4 million, up 7,939% year-over-year.

• Cash at quarter end was $143.6 million, up from $77.7 million at fiscal 2025 year-end.

Outlook and guidance

• Market activity moderated toward quarter end, returning to more normalized levels after extreme volatility in January and February.

• Underlying drivers for precious metals investment remain strong, with constructive market conditions expected.

• Q4 2026 expected to be the first full quarter benefiting from normalized contango and lower hedging costs.

• Management expects continued growth leveraging expanded brand portfolio, operational leverage, and nearly $1 billion in shareholder equity.