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) Net Cash Flow (2012 - 2026)

United States Brent Oil Fund's (BNO) quarterly Net Cash Flow came in at -$362.6 million in Q2 2026, down 1779.15% on a YoY basis from $21.6 million in Q2 2025, and down 142.65% quarter-over-quarter from $850.2 million in Q1 2026.

Analysis

United States Brent Oil Fund (BNO) Net Cash Flow (2012 - 2026) Analysis & Trends

United States Brent Oil Fund (BNO) has reported Net Cash Flow for 15 consecutive years, with -$362.6 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Cash Flow fell 1779.15% year-over-year to -$362.6 million; the trailing twelve-month figure through Jun 2026 stood at $471.5 million (up 3930.3% YoY), and the FY2025 full-year result was -$13.7 million, up 28.17% from the prior year.
  • Net Cash Flow fell to -$362.6 million in Q2 2026 per BNO's latest filing, from $850.2 million in the prior quarter.
  • Across five years, Net Cash Flow topped out at $850.2 million in Q1 2026 and bottomed at -$362.6 million in Q2 2026.
  • Historically, Net Cash Flow has averaged $20.9 million across 5 years, with a median of -$5.3 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Net Cash Flow slumped 2793.34% in 2025, then surged 4520.58% in 2026.
  • Over 5 years, Net Cash Flow stood at $9.5 million in 2022, then sank by 521.2% to -$39.9 million in 2023, then slumped by 170.59% to -$107.9 million in 2024, then surged by 94.92% to -$5.5 million in 2025, then slumped by 6511.74% to -$362.6 million in 2026.
  • According to Business Quant data, Net Cash Flow over the past three periods registered -$362.6 million, $850.2 million, and -$5.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Cash Flow (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 650.00 Mn
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 1.21 Bn
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -
7 Franklin Resources 17.84 Bn 14.12 Bn - 195.10 Mn
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn -91.90 Mn
9 Affiliated Managers 9.51 Bn 9.10 Bn - 37.00 Mn
10 United States Brent Oil Fund 920.37 Mn 525.94 Mn - -362.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -362.61 Mn
Mar 31, 2026 850.22 Mn
Dec 31, 2025 -5.48 Mn
Sep 30, 2025 -10.61 Mn
Jun 30, 2025 21.59 Mn
Mar 31, 2025 -19.23 Mn
Dec 31, 2024 -107.92 Mn
Sep 30, 2024 93.24 Mn
Jun 30, 2024 -5.16 Mn
Mar 31, 2024 714,099.00
Dec 31, 2023 -39.88 Mn
Sep 30, 2023 8.15 Mn
Jun 30, 2023 -61.63 Mn
Mar 31, 2023 5.18 Mn
Dec 31, 2022 9.47 Mn
Sep 30, 2022 -72.35 Mn
Jun 30, 2022 -8.87 Mn
Mar 31, 2022 80.90 Mn
Dec 31, 2021 -22.78 Mn
Sep 30, 2021 -80.80 Mn