United States Natural Gas Fund (UNG) Profit After Tax (2009 - 2026)
United States Natural Gas Fund (UNG) recorded quarterly Profit After Tax of $15.4 million in Q2 2026, down 85.97% on a QoQ basis from $109.7 million in Q1 2026, and up 112.57% YoY from $7.2 million in Q2 2025.
Analysis
United States Natural Gas Fund (UNG) Profit After Tax (2009 - 2026) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Profit After Tax for 17 consecutive years, with $15.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax rose 112.57% year-over-year to $15.4 million; the trailing twelve-month figure through Jun 2026 stood at $72.9 million (down 48.67% YoY), and the FY2025 full-year result was $34.2 million, down 47.46% from the prior year.
- Profit After Tax was $15.4 million for Q2 2026 at United States Natural Gas Fund, down from $109.7 million in the prior quarter.
- The five-year high for Profit After Tax was $210.0 million in Q1 2022, with the low at -$446.1 million in Q1 2023.
- Historically, Profit After Tax has averaged -$20.7 million across 5 years, with a median of $2.8 million in 2024.
- Annual changes were most pronounced in 2022 — Profit After Tax surged 629.52% — and 2025, when it sank 3032.93%.
- Tracing UNG's Profit After Tax over 5 years: stood at -$195.2 million in 2022, then slipped by 29.96% to -$253.7 million in 2023, then surged by 121.18% to $53.7 million in 2024, then plunged by 93.11% to $3.7 million in 2025, then surged by 315.49% to $15.4 million in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were $15.4 million in Q2 2026, $109.7 million in Q1 2026, and $3.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 2.04 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | -19.38 Bn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | -8.99 Bn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | -4.00 Bn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 430.30 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | -6.75 Bn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 255.30 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 338.90 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 237.40 Mn |
| 10 | United States Natural Gas Fund | 445.85 Mn | 158.25 Mn | - | 15.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.39 Mn |
| Mar 31, 2026 | 109.70 Mn |
| Dec 31, 2025 | 3.70 Mn |
| Sep 30, 2025 | -55.88 Mn |
| Jun 30, 2025 | -122.42 Mn |
| Mar 31, 2025 | 208.82 Mn |
| Dec 31, 2024 | 53.73 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | 174.08 Mn |
| Mar 31, 2024 | -164.57 Mn |
| Dec 31, 2023 | -253.71 Mn |
| Sep 30, 2023 | -81.64 Mn |
| Jun 30, 2023 | 110.18 Mn |
| Mar 31, 2023 | -446.09 Mn |
| Dec 31, 2022 | -195.21 Mn |
| Sep 30, 2022 | 114.51 Mn |
| Jun 30, 2022 | -54.30 Mn |
| Mar 31, 2022 | 210.04 Mn |
| Dec 31, 2021 | -220.12 Mn |
| Sep 30, 2021 | 134.00 Mn |