United States Natural Gas Fund UNG
NYSE UNG
$10.45 -0.11 (-0.99%)
As of: Sep 8, 2026 · 3:59 PM EDT

United States Natural Gas Fund (UNG) Non Operating Investment Income (2009 - 2026)

United States Natural Gas Fund (UNG) recorded quarterly Non Operating Investment Income of -$12.9 million in Q2 2026, down 109.78% on a QoQ basis from $131.5 million in Q1 2026, and up 69.36% YoY from -$7.6 million in Q2 2025.

Analysis

United States Natural Gas Fund (UNG) Non Operating Investment Income (2009 - 2026) Analysis & Trends

United States Natural Gas Fund (UNG) has reported Non Operating Investment Income for 18 consecutive years, with -$12.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Non Operating Investment Income rose 69.36% year-over-year to -$12.9 million; the trailing twelve-month figure through Jun 2026 stood at $70.2 million (up 21.95% YoY), and the FY2025 full-year result was $138.3 million, up 389.88% from the prior year.
  • Non Operating Investment Income was -$12.9 million for Q2 2026 at United States Natural Gas Fund, down from $131.5 million in the prior quarter.
  • The five-year high for Non Operating Investment Income was $228.7 million in Q1 2025, with the low at -$483.3 million in Q1 2023.
  • Historically, Non Operating Investment Income has averaged -$18.6 million across 5 years, with a median of -$2.8 million in 2023.
  • Annual changes were most pronounced in 2022 — Non Operating Investment Income soared 1665.45% — and 2024, when it plunged 2355.68%.
  • Tracing UNG's Non Operating Investment Income over 5 years: stood at -$155.0 million in 2022, then slumped by 49.41% to -$231.5 million in 2023, then soared by 114.4% to $33.3 million in 2024, then sank by 74.76% to $8.4 million in 2025, then slumped by 252.83% to -$12.9 million in 2026.
  • Per Business Quant data, the three most recent Non Operating Investment Income figures were -$12.9 million in Q2 2026, $131.5 million in Q1 2026, and $8.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 283.00 Mn
2 Spdr Gold Trust 144.81 Bn -413.20 Bn - -23.94 Bn
3 Ishares Gold Trust 30.30 Bn -29.81 Bn - -10.47 Bn
4 World Gold Trust 29.28 Bn -73.79 Bn - -4.12 Bn
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn 120.60 Mn
6 iShares Silver Trust 22.15 Bn -6.05 Bn - -7.80 Bn
7 Franklin Resources 17.84 Bn 14.12 Bn - -
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn -
9 Affiliated Managers 9.51 Bn 9.10 Bn - -
10 United States Natural Gas Fund 445.85 Mn 158.25 Mn - -12.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -12.86 Mn
Mar 31, 2026 131.47 Mn
Dec 31, 2025 8.42 Mn
Sep 30, 2025 -56.80 Mn
Jun 30, 2025 -41.97 Mn
Mar 31, 2025 228.67 Mn
Dec 31, 2024 33.35 Mn
Sep 30, 2024 -162.46 Mn
Jun 30, 2024 212.72 Mn
Mar 31, 2024 -131.32 Mn
Dec 31, 2023 -231.54 Mn
Sep 30, 2023 7.20 Mn
Jun 30, 2023 -55.30 Mn
Mar 31, 2023 -483.29 Mn
Dec 31, 2022 -154.97 Mn
Sep 30, 2022 80.32 Mn
Jun 30, 2022 135.19 Mn
Mar 31, 2022 158.13 Mn
Dec 31, 2021 -190.26 Mn
Sep 30, 2021 132.04 Mn