U S Global Investors (GROW) Operating Expenses (2010 - 2026)
U S Global Investors (GROW) recorded quarterly Operating Expenses of $2.7 million in Q1 2026, up 2.93% quarter-over-quarter from $2.6 million in Q4 2025, and down 10.75% year-on-year from $3.0 million in Q1 2025.
U S Global Investors (GROW) Operating Expenses (2010 - 2026) Analysis & Trends
U S Global Investors has disclosed Operating Expenses across 17 years of filings, most recently posting $2.7 million for Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 10.75% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $11.0 million (down 2.88% YoY), and the FY2025 full-year result was $11.4 million, changed 0.23% from the prior year.
- Operating Expenses was $2.7 million for Q1 2026 at U S Global Investors, up from $2.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.7 million in Q1 2022 and troughed at $2.6 million in Q4 2025.
- The 5-year median for Operating Expenses is $2.8 million (2022), against an average of $2.9 million.
- Biggest YoY gain for Operating Expenses was 19.43% in 2022; the steepest drop was 23.56% in 2022.
- Year by year, Operating Expenses stood at $2.8 million in 2022, then slipped by 6.88% to $2.6 million in 2023, then increased by 5.48% to $2.8 million in 2024, then dropped by 6.21% to $2.6 million in 2025, then grew by 2.93% to $2.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $2.7 million in Q1 2026, $2.6 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 2.26 Bn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 1.51 Bn |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 1.17 Bn |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 3.12 Bn |
| 10 | U S Global Investors | 37.31 Mn | 35.31 Mn | - | 2.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 2.77 Mn |
| Jun 30, 2025 | 2.96 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 2.77 Mn |
| Sep 30, 2024 | 2.72 Mn |
| Jun 30, 2024 | 2.84 Mn |
| Mar 31, 2024 | 3.08 Mn |
| Dec 31, 2023 | 2.63 Mn |
| Sep 30, 2023 | 2.92 Mn |
| Jun 30, 2023 | 3.01 Mn |
| Mar 31, 2023 | 2.89 Mn |
| Dec 31, 2022 | 2.82 Mn |
| Sep 30, 2022 | 2.83 Mn |
| Jun 30, 2022 | 2.65 Mn |
| Mar 31, 2022 | 3.66 Mn |
| Dec 31, 2021 | 3.64 Mn |
| Sep 30, 2021 | 3.65 Mn |
| Jun 30, 2021 | 3.47 Mn |