Sprott (TSE:SII)
TSX:SII
Earnings Data
Report Date
May 01, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.51Last Year’s EPS
0.64Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong and broad-based growth across AUM, physical trusts, ETFs and managed equity strategies, with materially improved profitability (adjusted EBITDA and net income) and strengthened liquidity and shareholder returns (33% dividend increase). Key operational wins include rapid ETF and copper product scale, top-performing ETFs, and continued product expansion (US listing for the Physical Copper Trust and European distribution growth). Offsetting items are largely transitional or episodic: increased accounting-driven stock‑based compensation volatility from a cash‑settled RSU plan, lumpy carried interest/performance fees, short‑term metal price volatility (notably silver), and some strategy-specific outflows or private fund transitions. Overall, the positive AUM/earnings momentum and product momentum outweigh the accounting and episodic challenges.Company Guidance
Substantial AUM Growth and Post-Period Momentum
Assets under management finished the year at $59.6 billion (up 89% YoY from $31.5 billion as of Dec 31, 2024 and up 21% from $49.1 billion as of Sep 30, 2025). AUM increased by $10.5 billion during Q4 and continued to grow post-year-end to $70.1 billion as of Feb 13, 2026 (an additional $10.5 billion), driven by $7.7 billion of market appreciation and $2.8 billion of net inflows.
Physical Trust Suite: Rapid Scale
Physical trust AUM rose 97% in 2025 to $47 billion, with another ~$7 billion added year-to-date, led by strong investor demand across multiple metals (gold, silver, platinum, copper, uranium).
ETF Business Breakout
ETF AUM increased ~94% in 2025 and was >$4.6 billion at year-end, with assets approaching $7 billion in early 2026. Year-to-date ETF assets grew ~45% (to Feb 18). Sprott has six ETFs ranked in the top 25 performance out of >4,000 U.S. non-levered ETFs, and SLVR surpassed $1 billion in assets in its first year (fastest ETF launch for the firm).
Strong Earnings and Adjusted Profitability
Net income for the quarter was $28.7 million (up $17.0 million vs. same quarter prior year) and full-year net income was $67.3 million (up $18.1 million YoY). Adjusted EBITDA was $42.0 million for the quarter (up 88% YoY from $22.4 million) and $121.0 million for the full year (up 43% YoY from $85.2 million).
Managed Equities and Private Strategies Performance
Managed Equity AUM increased 97% in 2025 to $5.7 billion. The flagship gold equity fund returned 18% in Q4 and +148% for the full year; Managed Equity and Private Strategies generated over $54 million in gross performance and carried interest fees during 2025.
Product and Distribution Expansion
SEC approval obtained to cross-list the Physical Copper Trust on NYSE Arca (expected US listing early Q2, subject to unitholder approval) — will be the first physical copper fund trading in the U.S.; European distribution via HANetf expanded to ~$650 million in assets.
Copper Momentum
Copper-focused products showed rapid growth: the Physical Copper Trust had modest 2025 sales ($4 million) but generated ~$54 million year-to-date, and the broader copper suite increased to approximately $800 million in assets from $6 million two years prior.
Strengthened Balance Sheet and Shareholder Returns
Cash and liquidity profile improved over the year; management increased the regular dividend by 33% in November 2025 and highlighted a disciplined approach to buybacks/dividend growth tied to earnings and capital allocation priorities.
TSE:SII Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | C$169.43 | C$179.03 | +5.66% |
Nov 05, 2025 | C$114.81 | C$117.57 | +2.40% |
Aug 06, 2025 | C$93.53 | C$91.99 | -1.65% |
May 07, 2025 | C$72.26 | C$73.30 | +1.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sprott (TSE:SII) report earnings?
Sprott (TSE:SII) is schdueled to report earning on May 01, 2026, Before Open (Confirmed).
What is Sprott (TSE:SII) earnings time?
Sprott (TSE:SII) earnings time is at May 01, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SII EPS forecast?
TSE:SII EPS forecast for the fiscal quarter 2026 (Q1) is 1.51.