Filing Flows › Gold.com (GOLD) › Q4 FY26 › vs Q3 FY26
Gold.com (GOLD) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Gold.com's revenue fell $5.3B (-52%) from $10.4B in Q3 FY26 to $5.0B in Q4 FY26. The biggest changes: Wholesale Sales −$3.9B (-50%); Direct to Consumer −$1.5B (-58%). Gross margin 2.2% against 1.7% (+0.5 pts).
Gold.com, Q4 FY26: revenue $5.0B (+99% year over year), operating margin 0.2%, net earnings $12.0M, operating cash flow $1.1B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 2.2% | 1.7% | +0.5 pts |
| Operating margin | 0.2% | 0.8% | -0.5 pts |
| Net margin | 0.2% | 0.6% | -0.4 pts |
| Free cash flow margin | 21.3% | 0.0% | +21.3 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Wholesale Sales | $3.9B | $7.8B | −$3.9B | -50% |
| Direct to Consumer | $1.1B | $2.6B | −$1.5B | -58% |
| Revenue | $5.0B | $10.4B | −$5.3B | -52% |
| Gross profit | $110M | $177M | −$66.3M | -38% |
| Cost of revenue | $4.9B | $10.2B | −$5.3B | -52% |
| Operating profit | $12.3M | $81.8M | −$69.5M | -85% |
| Operating expenses | $98.0M | $94.8M | $3.2M | +3% |
| Pre-tax earnings | $12.3M | $81.8M | −$69.5M | -85% |
| SG&A | $77.9M | $78.0M | −$94K | -0.1% |
| Other operating costs | $20.1M | $16.8M | $3.3M | +19% |
| Net earnings | $12.0M | $64.0M | −$52.0M | -81% |
| Income tax | $282K | $17.7M | −$17.4M | -98% |
| Depreciation & amortization | $10.1M | $9.4M | $699K | +7% |
| Share-based compensation | $1.1M | $505K | $559K | +111% |
| Working capital & other | $1.0B | −$73.7M | $1.1B | — |
| Operating cash flow | $1.1B | $235K | $1.1B | 4,552× |
| Free cash flow (OCF − capex) | $1.1B | −$3.0M | $1.1B | — |
| Capital expenditures | $3.5M | $3.2M | $264K | +8% |
Questions
How much did Gold.com's revenue grow quarter over quarter in Q4 FY26?
Gold.com's revenue fell $5.3B (-52%) from $10.4B in Q3 FY26 to $5.0B in Q4 FY26.
What drove Gold.com's revenue change in Q4 FY26?
Wholesale Sales −$3.9B (-50%); Direct to Consumer −$1.5B (-58%).