United States Natural Gas Fund (UNG) Operating Expenses (2009 - 2026)

United States Natural Gas Fund (UNG) recorded quarterly Operating Expenses of $1.5 million in Q1 2026, down 8.65% on a QoQ basis from $1.7 million in Q4 2025, and down 21.14% year-over-year from $1.9 million in Q1 2025.

United States Natural Gas Fund (UNG) Operating Expenses (2009 - 2026) Analysis & Trends

United States Natural Gas Fund has disclosed Operating Expenses across 18 years of filings, most recently posting $1.5 million for Q1 2026.

  • Quarterly Operating Expenses fell 21.14% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.7 million (down 40.01% YoY) and the FY2025 annual result came in at $6.1 million, down 39.72% from the prior year.
  • Operating Expenses fell to $1.5 million in Q1 2026, from $1.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.9 million in Q2 2023 and troughed at $910354.0 in Q1 2022.
  • A 5-year average of $2.0 million and a median of $1.9 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses soared 175.28% — and 2025, when it tumbled 55.16%.
  • Tracing UNG's Operating Expenses over 5 years: stood at $1.4 million in 2022, then jumped by 75.72% to $2.5 million in 2023, then gained by 1.05% to $2.5 million in 2024, then tumbled by 33.3% to $1.7 million in 2025, then slipped by 8.65% to $1.5 million in 2026.
  • Business Quant data shows UNG's Operating Expenses at $1.5 million in Q1 2026, $1.7 million in Q4 2025, and $1.4 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 1.53 Mn
Dec 31, 2025 1.67 Mn
Sep 30, 2025 1.37 Mn
Jun 30, 2025 1.12 Mn
Mar 31, 2025 1.93 Mn
Dec 31, 2024 2.50 Mn
Sep 30, 2024 2.54 Mn
Jun 30, 2024 2.51 Mn
Mar 31, 2024 2.57 Mn
Dec 31, 2023 2.48 Mn
Sep 30, 2023 2.65 Mn
Jun 30, 2023 2.87 Mn
Mar 31, 2023 2.51 Mn
Dec 31, 2022 1.41 Mn
Sep 30, 2022 1.44 Mn
Jun 30, 2022 1.23 Mn
Mar 31, 2022 910,354.00
Dec 31, 2021 1.07 Mn
Sep 30, 2021 755,392.00
Jun 30, 2021 908,693.00