NYSE$GOLD

Gold.com Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

A-Mark Precious Metals reported fiscal Q4 2025 results with gross profit of $81.7 million and net income of $10.3 million.

A-Mark Precious Metals reported Q4 FY2025 revenue of $2.51 billion, down 1% year-over-year, with gross profit rising 90% to $81.7 million due to acquisitions. Net income attributable to the company fell 67% to $10.3 million or $0.41 per diluted share. The company highlighted integration progress from recent acquisitions and operational efficiencies.

  • Q4 revenue decreased 1% to $2.51 billion while gross profit increased 90% to $81.7 million (3.25% margin).
  • Diluted EPS of $0.41 compared to $1.29 in the prior-year quarter; adjusted net income before taxes was $19.2 million.
  • Gold ounces sold declined 23% to 346,000 and silver ounces sold declined 38% to 15.7 million.
  • DTC active customers rose 49% to 170,600 while new customers fell 81% to 108,900.

Headline financials

Total Revenue

$2.51B

Previous: $2.52B-0.5%
EPS (adj)

$0.41

Previous: $0.60-31.7%
Gold ounces sold

346.0K

Previous: 448.0K-22.8%
Silver ounces sold

15.7M

Previous: 25.4M-38.4%
Secured loans at period end

445

Previous: 588-24.3%
Secured loans receivable

$94M

Previous: $113M-16.8%
DTC new customers

108.9K

Previous: 570.3K-80.9%
DTC active customers

170.6K

Previous: 114.6K+48.9%
DTC total customers

4.2M

Previous: 3.1M+36.8%
DTC average order value

$2.44K

Previous: $2.89K-15.5%
JMB average order value

$2.42K

Previous: $2.64K-8.5%
CyberMetals new customers

1.8K

Previous: 1.5K+20.0%
CyberMetals active customers

1.7K

Previous: 1.9K-10.5%
CyberMetals total customers

37.0K

Previous: 29.6K+25.0%
CyberMetals customer AUM

$10.7M

Previous: $7.3M+46.6%
Net Income

$10.3M

Previous: $28.6M-64.0%
Gross Profit

$81.7M

Previous: $43M+90.1%

Revenue & EPS history

A-Mark Precious Metals · Revenue · Quarterly

$2.51B

Q4 2025-0.5%vs Q4 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

A-Mark Precious Metals · $533M total across 1 segment · Q3 2023

  • Direct-to-Consumer
    $533M-9.8%

Forward guidance

Management expects acquisitions and international expansion to drive growth, operating leverage, and cost optimization in the new fiscal year.

Tailwinds

  • Acquisitions expand reach into higher-margin collectible and luxury segments.
  • Centralized operations and automation upgrades at AMGL facility completed.
  • Strong balance sheet supports growth across multiple channels.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.5%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

49%

28 / 57 earnings

Positive

+29.2%

Q4 2020

Best reaction

-16.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.4%+1.0%-8.4%
Q2 2026+9.9%+24.9%+4.1%
Q1 2026+1.7%+5.2%+23.6%
Q4 2025-1.7%+10.8%+8.2%
Q3 2025-13.4%-5.4%-12.4%
Q2 2025+1.0%+1.4%-2.2%
Q1 2025-16.1%-16.8%-23.6%
Q4 2024+8.3%+11.0%+25.0%
Q3 2024-7.3%-9.7%-12.2%
Q2 2024-1.8%-0.7%+5.6%
Q1 2024-9.6%-9.6%+8.2%
Q4 2023+9.0%+5.6%-15.5%
Q3 2023+3.7%+1.9%+3.3%
Q2 2023-14.9%-22.1%-25.2%
Q1 2023+15.8%+21.2%+28.5%
Q4 2022-15.1%-20.6%-22.2%
Q3 2022-9.2%-16.2%-4.4%
Q2 2022+10.8%+12.2%+9.9%
Q1 2022-8.9%-12.7%-22.2%
Q4 2021+18.4%+16.8%+40.2%
Q3 2021+14.0%+36.5%+20.0%
Q2 2021-15.1%-15.8%+2.4%
Q1 2021+18.0%+14.2%+13.4%
Q4 2020+29.2%+25.9%+44.2%
Q3 2020+8.7%+13.9%+22.3%
Q2 2020+0.7%-1.7%+2.4%
Q1 2020+3.6%+3.9%-8.6%
Q4 2019-10.8%-13.5%-8.2%
Q3 2019+10.3%+13.1%+17.6%
Q2 2019-1.4%-3.5%-7.6%
Q1 2019+6.1%+1.1%-1.8%
Q4 2018-4.8%-12.7%-2.0%
Q3 2018-3.0%-0.4%+3.3%
Q2 2018-9.4%-10.3%-6.5%
Q1 2018-0.8%+2.8%-1.1%
Q4 2017-6.8%-5.7%-6.2%
Q3 2017-10.8%-9.4%-9.7%
Q2 2017+6.7%+15.6%+0.0%
Q1 2017+12.7%+13.3%+21.7%
Q4 2016-4.6%-3.1%-8.6%
Q3 2016-3.2%——
Q2 2016+5.3%——
Q1 2016+4.9%——
Q4 2015+1.7%——
Q3 2015+3.0%——
Q2 2015-4.3%——
Q1 2014+0.8%——
Q1 2015-0.2%——
Q4 2014-2.4%——
Q4 2013-2.4%——
Q4 2012-2.4%——
Q2 2014-2.4%——
Q3 2012-2.4%——
Q1 2013-2.4%——
Q3 2014+0.6%——
Q3 2013+4.2%——
Q2 2013+4.2%——

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