United States Natural Gas Fund (UNG) Operating Expenses (2009 - 2026)
United States Natural Gas Fund's (UNG) quarterly Operating Expenses came in at $1.5 million in Q1 2026, down 21.14% YoY from $1.9 million in Q1 2025, and down 8.65% on a QoQ basis from $1.7 million in Q4 2025.
United States Natural Gas Fund (UNG) Operating Expenses (2009 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has 18 years of Operating Expenses data on file, last reported at $1.5 million in 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 slipped to $1.5 million in Q1 2026, from $1.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.9 million in Q2 2023 to a low of $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 surged by 75.72% to $2.5 million in 2023, then increased by 1.05% to $2.5 million in 2024, then sank by 33.3% to $1.7 million in 2025, then retreated by 8.65% to $1.5 million in 2026.
- The last three Operating Expenses figures came in at $1.5 million (Q1 2026), $1.7 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Mn |
| 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 |