United States Brent Oil Fund BNO
NYSE BNO
$57.69 +1.58 (+2.82%)
As of: Sep 8, 2026 · 3:59 PM EDT

United States Brent Oil Fund (BNO) Cash from Operations (2012 - 2026)

United States Brent Oil Fund's (BNO) quarterly Cash from Operations came in at -$163.2 million in Q2 2026, down 1787.67% on a YoY basis from $9.7 million in Q2 2025, and down 198.67% quarter-over-quarter from $165.4 million in Q1 2026.

Analysis

United States Brent Oil Fund (BNO) Cash from Operations (2012 - 2026) Analysis & Trends

United States Brent Oil Fund (BNO) has reported Cash from Operations for 15 consecutive years, with -$163.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cash from Operations fell 1787.67% year-over-year to -$163.2 million; the trailing twelve-month figure through Jun 2026 stood at -$13.3 million (down 1382.65% YoY), and the FY2025 full-year result was -$3.7 million, down 153.06% from the prior year.
  • Cash from Operations slipped to -$163.2 million in Q2 2026 per BNO's latest filing, from $165.4 million in the prior quarter.
  • Across five years, Cash from Operations topped out at $165.4 million in Q1 2026 and bottomed at -$163.2 million in Q2 2026.
  • Historically, Cash from Operations has averaged $5.6 million across 5 years, with a median of $1.6 million in 2024.
  • The widest YoY moves for Cash from Operations: up 7666.9% in 2026, down 1787.67% in 2026.
  • Over 5 years, Cash from Operations stood at -$22.5 million in 2022, then dropped by 1.78% to -$22.9 million in 2023, then surged by 126.74% to $6.1 million in 2024, then plunged by 253.8% to -$9.4 million in 2025, then sank by 1629.15% to -$163.2 million in 2026.
  • According to Business Quant data, Cash from Operations over the past three periods registered -$163.2 million, $165.4 million, and -$9.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 1.23 Bn
2 Spdr Gold Trust 144.81 Bn -413.20 Bn - -
3 Ishares Gold Trust 30.30 Bn -29.81 Bn - -
4 World Gold Trust 29.28 Bn -73.79 Bn - -
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn 2.08 Bn
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 581.20 Mn
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 734.20 Mn
9 Affiliated Managers 9.51 Bn 9.10 Bn - 239.00 Mn
10 United States Brent Oil Fund 920.37 Mn 525.94 Mn - -163.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -163.16 Mn
Mar 31, 2026 165.37 Mn
Dec 31, 2025 -9.44 Mn
Sep 30, 2025 -6.09 Mn
Jun 30, 2025 9.67 Mn
Mar 31, 2025 2.13 Mn
Dec 31, 2024 6.14 Mn
Sep 30, 2024 -16.89 Mn
Jun 30, 2024 997,679.00
Mar 31, 2024 16.79 Mn
Dec 31, 2023 -22.94 Mn
Sep 30, 2023 38.61 Mn
Jun 30, 2023 11.81 Mn
Mar 31, 2023 -15.36 Mn
Dec 31, 2022 -22.54 Mn
Sep 30, 2022 -34.38 Mn
Jun 30, 2022 25.31 Mn
Mar 31, 2022 115.26 Mn
Dec 31, 2021 -2.27 Mn
Sep 30, 2021 9.56 Mn