ProShares Trust (ULE) Operating Expenses (2009 - 2026)

ProShares Trust has disclosed Operating Expenses across 18 years of filings, most recently posting $18.1 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $18.1 million, up 74.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $54.4 million (up 35.05% YoY), and the FY2025 annual result was $46.7 million, up 19.13% from the prior year.
• Operating Expenses came in at $18.1 million for Q1 2026 at ProShares Trust, up from $13.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $18.1 million in Q1 2026 to a low of $9.2 million in Q1 2024.
• The 5-year median for Operating Expenses is $12.0 million (2023), against an average of $12.0 million.
• Across the five-year window, Operating Expenses declined 25.87% in 2023 and surged 74.71% in 2026, its largest moves.
• ProShares Trust's Operating Expenses stood at $12.3 million in 2022, then slipped by 15.33% to $10.4 million in 2023, then decreased by 2.0% to $10.2 million in 2024, then soared by 35.93% to $13.8 million in 2025, then jumped by 30.65% to $18.1 million in 2026.
• The last three Operating Expenses figures came in at $18.1 million (Q1 2026), $13.8 million (Q4 2025), and $12.1 million (Q3 2025), per Business Quant data.