Gold.com (GOLD) Q4 2026 earnings summary

Executive summary

• Fiscal 2026 marked a transformational year with significant organic growth, strategic acquisitions including Monex and Sunshine Minting, and a rebranding initiative, resulting in nearly doubled revenues, robust profitability, and expanded production capacity.

• The vertically integrated model enabled expansion into new channels, deeper customer relationships, and enhanced operational synergies.

• Strategic partnerships, notably with Tether, contributed to increased secured lending and storage activity.

• Storage and secured lending businesses experienced continued growth, deepening customer relationships and platform engagement.

Financial highlights

• Fiscal year 2026 revenues rose 132% to $25.51B from $10.98B in 2025; Q4 revenues up 99% year-over-year to $5.01B.

• Net income for FY 2026 increased 375% to $82.3M; diluted EPS up 325% to $3.02.

• Gross profit for FY 2026 grew 115% to $453.1M; Q4 gross profit rose 35% to $110.3M.

• Adjusted net income for FY 2026 rose 164% to $139.9M; EBITDA up 179% to $179.8M.

• Ended the year with $578M in cash and $1.6B in non-restricted inventories.

Outlook and guidance

• Management expects broad-based growth and long-term value creation, leveraging a strong brand portfolio, expanded production, and diversified business lines.

• Market conditions are constructive, but Q4 and early Q1 2027 saw softer demand due to macroeconomic and geopolitical factors.

• Higher interest rates are dampening precious metal prices and retail demand, but institutional and wholesale segments remain resilient.