Grayscale Ethereum Mini Trust ETF (ETH) quarterly income statement — complete revenue, gross profit & net income history
Grayscale Ethereum Mini Trust ETF (ETH) annual income statement — 24-year revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 1.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| NII Growth % | - | -100% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% | 0.21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Interest Income | 0 | -5.65M | 0 | 0 | 0 | 1.6M | 0 | 0 | -5.88M | 1.67M | 1.72M | 2.49M | 1.07M | 851K | 341K | 77K | 51K | 6K | 48K | 0 |
| Interest Expense | 0 | -119K | 0 | 0 | 0 | 60K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48K |
| Loan Loss Provision | 54.14M | 55.27M | 58.65M | 56.79M | 64.3M | 55.28M | 62.42M | 60.47M | 50.58M | 66.64M | 63.75M | 72.19M | 74.77M | 79.14M | 84.91M | 95.9M | 78.2M | 85.82M | 73.14M | 73.43M |
| Non-Interest Income | 146.75M | 141.48M | 149.92M | 146.98M | 160.36M | 141.1M | 157.26M | 154.34M | 133.56M | 165.61M | 162.17M | 184.89M | 185.25M | 202.31M | 214.19M | 229.61M | 197.61M | 208.09M | 182.28M | 178.32M |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 98.92% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Total Net Revenue | 146.75M | 141.48M | 149.92M | 146.98M | 160.36M | 142.63M | 157.26M | 154.34M | 133.56M | 165.61M | 162.17M | 184.89M | 185.25M | 202.31M | 214.19M | 229.61M | 197.61M | 208.09M | 182.28M | 178.32M |
| Revenue Growth % | -8.48% | -0.81% | -4.67% | -4.76% | 20.07% | -13.87% | -3.03% | -16.52% | -27.9% | -18.14% | -24.29% | -19.48% | -6.26% | -2.78% | 17.51% | 28.76% | 11.67% | 16.36% | 20.91% | 94.74% |
| Non-Interest Expense | 77.74M | 74.16M | 77.04M | 79.7M | 80.69M | 76.36M | 76.67M | 76.07M | 74.97M | 78.95M | 81.79M | 79.44M | 82.76M | 86.95M | 89.97M | 91.74M | 86.82M | 86.05M | 81.8M | 80.84M |
| Efficiency Ratio | 52.98% | 52.42% | 51.39% | 54.22% | 50.32% | 53.53% | 48.76% | 49.29% | 56.13% | 47.67% | 50.44% | 42.97% | 44.68% | 42.98% | 42% | 39.95% | 43.93% | 41.35% | 44.88% | 45.33% |
| Operating Income | 14.35M | 6.47M | 14.23M | 9.97M | 15.27M | 11M | 18.16M | 17.57M | 6.06M | 21.45M | 19.84M | 30.63M | 28.32M | 36.87M | 37.65M | 42.33M | 31.19M | 32.66M | 27.61M | 25.08M |
| Operating Margin % | 9.78% | 4.58% | 9.49% | 6.78% | 9.52% | 7.71% | 11.55% | 11.38% | 4.54% | 12.95% | 12.24% | 16.57% | 15.29% | 18.23% | 17.58% | 18.43% | 15.78% | 15.69% | 15.15% | 14.07% |
| Operating Income Growth % | -6.04% | -41.13% | -21.64% | -43.26% | 151.8% | - | -15.36% | -11.48% | -80.2% | -41.82% | -47.3% | -27.63% | -9.21% | 12.9% | 36.35% | 68.73% | 59.3% | 39.77% | 124.44% | 670.87% |
| Pretax Income | 15.62M | 7.83M | 15.72M | 14.01M | 16.66M | 12.54M | 20.12M | 19.7M | 8.76M | 23.36M | 20.07M | 33.26M | 29.86M | 37.92M | 39.99M | 41.97M | 32.59M | 36.22M | 27.34M | 24M |
| Pretax Margin % | 10.65% | 5.54% | 10.48% | 9.53% | 10.39% | 8.79% | 12.8% | 12.77% | 6.56% | 14.1% | 12.38% | 17.99% | 16.12% | 18.74% | 18.67% | 18.28% | 16.49% | 17.41% | 15% | 13.46% |
| Income Tax | 3.87M | 1.9M | 3.97M | 3.56M | 4.39M | 2.93M | 5.12M | 4.98M | 2.7M | 5.94M | 5.14M | 7.85M | 7.5M | 9.75M | 10.11M | 10.45M | 7.88M | 9.32M | 7.19M | 5.84M |
| Effective Tax Rate % | 24.76% | 24.23% | 25.28% | 25.38% | 26.35% | 23.38% | 25.44% | 25.3% | 30.82% | 25.45% | 25.58% | 23.61% | 25.13% | 25.72% | 25.28% | 24.9% | 24.17% | 25.74% | 26.29% | 24.33% |
| Net Income | 11.75M | 5.93M | 11.74M | 10.45M | 12.27M | 9.61M | 15M | 14.72M | 6.06M | 17.41M | 14.94M | 25.41M | 22.36M | 28.17M | 29.88M | 31.52M | 24.71M | 26.89M | 20.15M | 18.16M |
| Net Margin % | 8.01% | 4.19% | 7.83% | 7.11% | 7.65% | 6.73% | 9.54% | 9.54% | 4.54% | 10.51% | 9.21% | 13.74% | 12.07% | 13.92% | 13.95% | 13.73% | 12.51% | 12.92% | 11.06% | 10.18% |
| Net Income Growth % | -4.19% | -38.22% | -21.73% | -29% | 102.41% | - | -13.82% | -1.47% | -76.14% | -38.18% | -50% | -19.4% | -9.54% | 4.73% | 48.27% | 73.55% | 58.34% | 59.3% | 115.47% | 250.48% |
| Net Income (Continuing) | 0 | 0 | -10.45M | 10.45M | 12.27M | 9.61M | 15M | 14.72M | 6.06M | 17.41M | 14.94M | 25.41M | 22.36M | 28.17M | 29.88M | 31.52M | 24.71M | 26.89M | 20.15M | 18.16M |
| EPS (Diluted) | 0.46 | 0.23 | 0.46 | 0.41 | 0.32 | 0.37 | 0.59 | 0.57 | 0.24 | 0.68 | 0.58 | 0.99 | 0.87 | 1.10 | 1.17 | 1.23 | 0.97 | 1.05 | 0.79 | 0.71 |
| EPS Growth % | 43.75% | -37.84% | -22.03% | -28.07% | 33.33% | - | -13.24% | -1.72% | -75.76% | -38.18% | -50.43% | -19.51% | -10.31% | 4.76% | 48.1% | 73.24% | 59.02% | 56.72% | 113.51% | 247.92% |
| EPS (Basic) | 0.46 | 0.23 | 0.46 | 0.41 | 0.32 | 0.38 | 0.59 | 0.58 | 0.24 | 0.68 | 0.58 | 0.99 | 0.87 | 1.10 | 1.17 | 1.23 | 0.97 | 1.05 | 0.79 | 0.71 |
| Diluted Shares Outstanding | 25.49M | 25.62M | 25.62M | 25.62M | 38.44M | 51.25M | 51.25M | 51.24M | 51.29M | 51.26M | 51.24M | 51.35M | 51.2M | 51.16M | 51.12M | 51.15M | 51.1M | 51.03M | 50.9M | 50.99M |