NYSE$SLV
iShares Silver Trust · Q1 2026 earnings
Q1 2026 earnings ·
Briefing
iShares Silver Trust reported Q1 2026 results tied to silver bullion holdings and NAV per share movement.
For the quarter ended March 31, 2026, the iShares Silver Trust (SLV) reported changes in net assets driven by silver bullion fair value, creations and redemptions of shares, and sponsor fees. As a physically backed ETF, the trust does not report traditional corporate revenue; per-share NAV and net change in net assets from operations reflect silver price performance net of fees.
- Physically backed silver ETF; returns track silver less fees.
- NAV per share moves with spot silver and fund flows.
- Sponsor fee is the primary recurring expense.
- Investors use SLV for silver exposure rather than earnings.
Headline financials
Revenue & EPS history
iShares Silver Trust · Revenue · Quarterly
$6.02B
Forward guidance
Silver trust does not issue earnings guidance; silver spot and industrial demand drive NAV.
Tailwinds
- Liquid listed vehicle for silver exposure.
- In-kind creation/redemption mechanism.
Headwinds
- Fee drag vs. spot silver over time.
- Industrial and macro volatility in silver prices.
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 Q1 2026
+0.5%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+2.3%
Avg return
30 days after
60%
18 / 30 earnings
Positive
+6.2%
Q3 2020
Best reaction
-3.3%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | +12.0% | -12.2% | |
| Q3 2025 | +2.1% | +7.1% | +23.9% | |
| Q2 2025 | +1.1% | +2.6% | +8.7% | |
| Q1 2025 | -2.4% | -2.0% | +8.2% | |
| Q3 2024 | +2.4% | -1.3% | -0.6% | |
| Q2 2024 | +2.8% | +4.5% | +4.7% | |
| Q1 2024 | +0.1% | +3.5% | +7.0% | |
| Q3 2023 | +1.7% | -1.1% | +11.8% | |
| Q2 2023 | +0.1% | -3.8% | +2.5% | |
| Q1 2023 | -1.5% | -2.6% | -9.4% | |
| Q3 2022 | +2.4% | +9.3% | +19.1% | |
| Q2 2022 | +0.8% | +2.4% | -10.4% | |
| Q1 2022 | -0.6% | -4.4% | -2.6% | |
| Q3 2021 | +0.0% | +3.9% | -4.4% | |
| Q2 2021 | -3.3% | -6.3% | -1.8% | |
| Q1 2021 | -1.6% | +2.0% | +2.0% | |
| Q3 2020 | +6.2% | +0.9% | +1.1% | |
| Q2 2020 | +3.3% | +11.3% | +3.3% | |
| Q1 2020 | -0.1% | +3.7% | +16.3% | |
| Q3 2019 | +0.2% | -4.2% | -5.8% | |
| Q2 2019 | +0.3% | +3.7% | +13.6% | |
| Q1 2019 | +0.0% | -1.0% | -0.4% | |
| Q3 2018 | -0.8% | -3.2% | -1.2% | |
| Q2 2018 | -0.7% | -0.6% | -7.9% | |
| Q1 2018 | -0.1% | +1.0% | +1.0% | |
| Q3 2017 | -1.6% | -2.0% | -8.6% | |
| Q2 2017 | +1.5% | +5.5% | +11.5% | |
| Q1 2017 | +0.5% | -0.5% | +7.5% | |
| Q3 2016 | -1.0% | -5.7% | -7.0% | |
| Q2 2016 | +0.2% | +0.1% | +0.4% |
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