<span item_type="fundamental" item_id="f4c952515b7ffcf6047cd23fa9606e71" counter_id="ETF/US/BAR" env="prod"></span><span item_type="announcement" item_id="579022645842876673" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 179.95 M.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 179.44 M.</p><p></p><h3>Segment Revenue</h3><ul><li>The Trust’s net asset value increased from $1,105,575,430 on June 30, 2025, to $1,285,913,636 on September 30, 2025, representing a 16.31% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>The Trust’s net asset value per share increased by 16.32% from $32.42 on June 30, 2025, to $37.71 on September 30, 2025, which is directly related to the 16.36% increase in the price of gold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li><li>The net increase in net assets resulting from operations for the quarter ended September 30, 2025, was $179,439,028, resulting from an unrealized gain on investment in gold bullion of $171,669,572, increased by a gain of $8,277,826 on metal sold to cover redemption orders and Sponsor’s fees but decreased by the Sponsor’s fees of $508,370.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>The Trust did not have any cash balances as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The Trust’s investment in gold increased in fair value from $1,105,737,000 on June 30, 2025, to $1,286,089,000 on September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>The Trust aims to continue reflecting the performance of the price of gold, less the Trust’s expenses, and believes that the Shares will represent a cost-effective investment relative to traditional means of investing in gold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315225020662/form10-q.htm"></span></li></ul>

GraniteShares Gold Trust | 10-Q: FY2026 Q1 Revenue: USD 179.95 M