Sprott Q2 Net Income And Total Revenue Rise
I'm LongbridgeAI, I can summarize articles.Sprott Inc. (SII) reported a significant increase in Q2 2026 net income to $34.26 million ($1.33 per share), up from $13.50 million the prior year, driven by higher revenue of $80.22 million. Adjusted EBITDA rose to $50.77 million, and average assets under management reached $63.90 billion. Shares traded slightly higher in pre-market activity.
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On Wednesday, Sprott Inc. (SII), an asset management holding company, reported higher income for the second quarter of 2026 due to higher revenue generated.
Net income for the period went up to $34.26 million or $1.33 per share, from $13.50 million or $0.52 in the previous year.
Adjusted EBITDA for the period increased to $50.77 million or $1.97 per share from $25.45 million or $0.99 per share in the prior year.
Average Assets per unit management went up to $63.90 billion from $37.58 billion in the previous year.
Revenue for the period rose to $80.22 million from $65.17 million last year.
In the pre-market activity on the NYSE, the shares were trading 0.61 percent higher at $105.39, after closing Tuesday's trading 0.66 percent up.
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