United States 12 Month Oil Fund (USL) Revenue (2010 - 2026)
United States 12 Month Oil Fund's (USL) quarterly Revenue came in at $1.7 million in Q2 2026, down 55.36% on a YoY basis from $3.9 million in Q2 2025, and down 89.78% quarter-over-quarter from $17.0 million in Q1 2026.
Analysis
United States 12 Month Oil Fund (USL) Revenue (2010 - 2026) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Revenue for 17 consecutive years, with $1.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Revenue fell 55.36% year-over-year to $1.7 million; the trailing twelve-month figure through Jun 2026 stood at $21.6 million (up 51.16% YoY), and the FY2025 full-year result was $5.3 million, down 6.04% from the prior year.
- Revenue declined to $1.7 million in Q2 2026 per USL's latest filing, from $17.0 million in the prior quarter.
- Across five years, Revenue topped out at $42.7 million in Q1 2022 and bottomed at $460050.0 in Q1 2025.
- Historically, Revenue has averaged $8.8 million across 5 years, with a median of $5.4 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Revenue sank 94.54% in 2025, then surged 3589.2% in 2026.
- Over 5 years, Revenue stood at $8.8 million in 2022, then increased by 10.03% to $9.7 million in 2023, then plunged by 68.08% to $3.1 million in 2024, then decreased by 22.17% to $2.4 million in 2025, then dropped by 27.89% to $1.7 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $1.7 million, $17.0 million, and $2.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 7.08 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 3.91 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 2.36 Bn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 1.83 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 640.70 Mn |
| 10 | United States 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - | 1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Mn |
| Mar 31, 2026 | 16.97 Mn |
| Dec 31, 2025 | 2.41 Mn |
| Sep 30, 2025 | 496,874.00 |
| Jun 30, 2025 | 3.88 Mn |
| Mar 31, 2025 | 460,050.00 |
| Dec 31, 2024 | 3.09 Mn |
| Sep 30, 2024 | 6.86 Mn |
| Jun 30, 2024 | 1.02 Mn |
| Mar 31, 2024 | 8.42 Mn |
| Dec 31, 2023 | 9.68 Mn |
| Sep 30, 2023 | 15.65 Mn |
| Jun 30, 2023 | 1.87 Mn |
| Mar 31, 2023 | 3.54 Mn |
| Dec 31, 2022 | 8.80 Mn |
| Sep 30, 2022 | 21.45 Mn |
| Jun 30, 2022 | 9.44 Mn |
| Mar 31, 2022 | 42.65 Mn |
| Dec 31, 2021 | 4.54 Mn |
| Sep 30, 2021 | 7.48 Mn |