GOLD earnings analysis
What we found in GOLD's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Gold.com, Inc. reported robust Q3 2026 results with revenue soaring to $10.35 billion, up 244% YoY, primarily due to higher gold and silver prices as well as increased sales volumes. However, diluted EPS was $2.09, falling short of the anticipated $2.17. Management highlighted continued strength in the precious metals market but noted challenges from elevated SG&A expenses which greatly impacted profitability despite overall revenue growth.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Substantial Revenue Growth
- Quarterly revenue rose to $10.35 billion, up 244% from $3.01 billion last year.
- Strong Improvement in Net Income
- Net income turned positive at $59.5 million, compared to a loss of $8.5 million in the same quarter last year.
- Increased Gold and Silver Ounces Sold
- Gold ounces sold increased by 95,000 or 22% to 527,000, while silver ounces increased by 13.52 million or 86% to 29.22 million.
- Significant Rise in Gross Profit
- Gross profit increased to $176.58 million, a 330.5% increase from $41.02 million last year.
- Improved Operating Margin
- Operating margin increased to 1.706% up from 1.363% in Q3 2025.
- Higher Inventory Turnover
- Inventory turnover ratio improved by 95.4% to 4.7 in this quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- High Growth in SG&A Expenses
- SG&A expenses surged 133.6% to $78.0 million, impacting margins.
- Increased Interest Expenses
- Interest expense climbed 46.9% to $19.0 million due to higher borrowings and interest rates.
- Decline in Secured Loans
- Number of secured loans decreased by 31.4%, potentially impacting future interest income.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $2.09
- Gross margin
- 1.706%
- Operating margin
- 1.706%
- Segment
- Wholesale Sales & Ancillary Services
- Segment
- Direct-to-Consumer
- Segment
- Secured Lending
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-Q · November 7, 2025
- A-Mark reported a strong top-line quarter with revenues of $3,680,766,000, up $965,670,000 (+35.6%) versus the prior-year quarter, and gross profit rising to $72,897,000 (gross margin ~1.98% vs 1.60% prior). Operating…
- 10-Q · May 12, 2025
- Revenue increased materially to $3,009,125 for the quarter (up $398,474 vs. $2,610,651 a year ago), but the company reported a quarterly net loss of $8,546 (diluted EPS $(0.36)) versus net income of $5,013 (diluted EPS…
- 10-Q · February 8, 2024
- A‑Mark reported quarter revenue of $2,078,815 (Q3 FY2024) up from $1,949,705 a year earlier, but profitability and cash generation deteriorated: gross profit fell to $46,041 from $63,969 and diluted EPS declined to…
- 10-Q · May 10, 2023
- A‑Mark reported Q3 revenues of $2,317,150 (three months ended Mar 31, 2023), up $208,035 (≈9.9%) versus the prior-year quarter, while diluted EPS fell to $1.46 from $1.53. Gross margin was slightly lower…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing GOLD makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever