United States 12 Month Oil Fund (USL) Operating Expenses (2010 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Operating Expenses came in at $108816.0 in Q1 2026, down 6.18% YoY from $115985.0 in Q1 2025, and up 15.78% on a QoQ basis from $93987.0 in Q4 2025.
United States 12 Month Oil Fund (USL) Operating Expenses (2010 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has 17 years of Operating Expenses data on file, last reported at $108816.0 in Q1 2026.
- Quarterly Operating Expenses fell 6.18% year-over-year to $108816.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $424225.0 (down 27.88% YoY) and the FY2025 annual result came in at $431394.0, down 30.33% from the prior year.
- Operating Expenses grew to $108816.0 in Q1 2026, from $93987.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $332996.0 in Q1 2022 to a low of $93987.0 in Q4 2025.
- A 5-year average of $167150.9 and a median of $146993.0 in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 56.07% — and 2024, when it climbed 14.56%.
- Tracing USL's Operating Expenses over 5 years: stood at $179847.0 in 2022, then fell by 10.01% to $161836.0 in 2023, then slipped by 7.92% to $149023.0 in 2024, then slumped by 36.93% to $93987.0 in 2025, then grew by 15.78% to $108816.0 in 2026.
- The last three Operating Expenses figures came in at $108816.0 (Q1 2026), $93987.0 (Q4 2025), and $123149.0 (Q3 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 133,919.00 |
| Mar 31, 2026 | 108,816.00 |
| Dec 31, 2025 | 93,987.00 |
| Sep 30, 2025 | 123,149.00 |
| Jun 30, 2025 | 98,273.00 |
| Mar 31, 2025 | 115,985.00 |
| Dec 31, 2024 | 149,023.00 |
| Sep 30, 2024 | 179,523.00 |
| Jun 30, 2024 | 143,692.00 |
| Mar 31, 2024 | 146,993.00 |
| Dec 31, 2023 | 161,836.00 |
| Sep 30, 2023 | 156,706.00 |
| Jun 30, 2023 | 143,018.00 |
| Mar 31, 2023 | 146,293.00 |
| Dec 31, 2022 | 179,847.00 |
| Sep 30, 2022 | 239,296.00 |
| Jun 30, 2022 | 322,132.00 |
| Mar 31, 2022 | 332,996.00 |
| Dec 31, 2021 | 329,071.00 |
| Sep 30, 2021 | 369,558.00 |