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Highlights

  • Sprott reported Q4 EPS of USD 1.11, with net income rising sharply.
  • Assets under management climbed to USD 70.1B by February 13, 2026.
  • Quarterly dividend of USD 0.40 declared, implying 1.1% annualized yield.

Sprott Inc. (NYSE:SII) reported fourth-quarter EPS of USD 1.11. Net income increased to USD 28.7M compared to USD 11.7M in the prior-year quarter. Adjusted EBITDA rose 88% year over year to USD 42M.

Quarterly revenue totaled USD 61.7M. The company posted a return on equity of 15.01% and a net margin of 23.26% for the period.

AUM Expansion Continues
Assets under management (AUM) reached USD 59.6B at the end of 2025, reflecting an increase of USD 28.1B year over year. As of February 13, 2026, AUM rose further to USD 70.1B, supported by market appreciation and inflows.

Physical trusts represented approximately USD 47B in AUM, marking a 97% increase. ETF AUM grew around 94% and approached USD 7B. SLVR surpassed USD 1B in assets, and a U.S. listing for the first physical copper trust is expected in early Q2.

Accounting Shift Raises Expense Volatility
A transition to a cash-settled stock compensation plan under IFRS 2 introduced mark-to-market adjustments and graded vesting effects. This change nearly doubled the portion of restricted share unit expense subject to the methodology, increasing stock-based compensation volatility. Selling and compensation expenses may remain elevated through the first half of 2026.

Managed equity and private strategies recorded carried-interest gains, while private lending funds remain in a transition and harvest phase. Performance fees in these segments continue to be episodic. Fundraising efforts and evergreen product strategies are under consideration.

Dividend
The company declared a quarterly dividend of USD 0.40 per share, payable March 17 to shareholders of record on March 2. This represents an annualized dividend of USD 1.60 per share and a yield of approximately 1.1%. The dividend payout ratio stands at 82.05%.

Share Performance
Shares of Sprott closed at 143.98 USD, rising 13.19 USD or 10.08% on 20 Feb. The stock gained 19.98% over the past five days and advanced 12.85% during the last month. Over six months, shares climbed 120.56%, adding 78.70 USD. The steady upward move reflects continued buying activity and improved price momentum. Recent gains indicate sustained strength in trading performance compared with earlier periods.

With assets under management rising significantly and quarterly profitability improving, Sprott is navigating a period defined by asset growth, accounting-related expense fluctuations, and dividend distributions. Market participants are monitoring AUM trends, ETF expansion, and cost developments into H1 2026.

FAQs

Q1. How did Sprott perform in the fourth quarter of 2025?
A:-Sprott reported Q4 EPS of USD 1.11, with net income rising to USD 28.7M and adjusted EBITDA increasing 88% year over year to USD 42M.

Q2. What drove the increase in Sprott’s assets under management?
A:-Assets under management rose to USD 70.1B by February 13, 2026, supported by market appreciation, inflows into physical precious-metals trusts, and growth in ETF assets.

Q3. What dividend did Sprott declare and when will it be paid?
A:-The company declared a quarterly dividend of USD 0.40 per share, payable on March 17 to shareholders of record as of March 2, representing an annualized payout of USD 1.60.