Sprott Inc. Earnings Recaps
Q3 2026
Nov 7, 2026
Sprott shares rose 6.8% after earnings, with investors responding to higher adjusted EBITDA and a 25% dividend increase. Quarterly redemptions in physical trusts and lower year-over-year AUM temper the positive picture.
Key takeaways
- AUM increased 3% sequentially to $57.3 billion, but was down 4% from a year earlier; the quarter included $200 million in net redemptions, largely from physical trusts.
- Critical materials strategies delivered $200 million in net sales, partially offsetting precious-metals outflows.
- Quarterly adjusted EBITDA rose 44% year over year to $46 million; net income increased 67% to $22 million.
- Average AUM was $58.8 billion for the quarter, up 39% year over year, reflecting inflows and market appreciation across most products.
- The board announced a 25% increase in the regular quarterly dividend. Sprott ended the quarter with more than $200 million in cash and no debt.