Gold.com reported strong revenue growth driven by increased consumer demand and strategic acquisitions, alongside significant operational improvements. Despite some margin compression and market headwinds like tight premium spreads and silver market backwardation, the company demonstrated resilience with improved net income and EPS, supported by successful rebranding and integration efforts.
Revenues increased 136% to $6.477 billion in Q2 FY2026 compared to $2.742 billion in Q2 FY2024.
positiveDiluted EPS increased 70% to $0.46 in Q2 FY2026 compared to $0.27 in Q2 FY2024.
positiveEBITDA increased 109% to $33.9 million in Q2 FY2026 compared to $16.2 million in Q2 FY2024.
positiveDirect-to-Consumer new customers increased 47% year-over-year, and active customers increased 64% year-over-year.
positiveDirect-to-Consumer average order value increased 52% year-over-year to $4,824.
positiveGross profit margin decreased to 1.44% in Q2 FY2026 from 1.63% in Q2 FY2024.
attentionSilver ounces sold decreased 15% year-over-year in Q2 FY2026.
attentionNumber of secured loans decreased 31% year-over-year as of December 31, 2025.
attentionNet income for the six months ended December 31, 2025 decreased 31% to $10.7 million from $15.5 million in the prior year period.
negativeDiluted EPS for the six months ended December 31, 2025 decreased 35% to $0.42 compared to $0.65 in the prior year period.
negativeMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Our second quarter results demonstrate our ability to successfully navigate rapidly evolving market conditions.
During the quarter, we completed several important strategic initiatives, including our rebranding from A-Mark Precious Metals to Gold.com, the transfer of our stock listing from NASDAQ to the New York Stock Exchange under the ticker symbol “GOLD”, and the relocation of our corporate headquarters to Costa Mesa, California.
In January 2026, we closed the acquisition of Monex Deposit Company, one of the largest and most established direct-to-consumer precious metal dealers in the United States.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.