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

ProShares Trust's Operating Expenses history runs 18 years deep, the most recent figure standing at $18.1 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 74.71% year-over-year to $18.1 million; the TTM figure through Mar 2026 stood at $54.4 million (up 35.05% YoY), while the FY2025 annual figure 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.
• A 5-year average of $12.0 million and a median of $12.0 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses fell 25.87% in 2023 and soared 74.71% in 2026, its largest moves.
• ProShares Trust's Operating Expenses stood at $12.3 million in 2022, then dropped by 15.33% to $10.4 million in 2023, then slipped by 2.0% to $10.2 million in 2024, then jumped by 35.93% to $13.8 million in 2025, then surged by 30.65% to $18.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $18.1 million, $13.8 million, and $12.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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