United States Oil Fund (USO) Operating Expenses (2009 - 2026)
United States Oil Fund (USO) posted quarterly Operating Expenses of $2.6 million for Q1 2026, up 25.72% year-over-year from $2.1 million in Q1 2025, and up 24.47% quarter-over-quarter from $2.1 million in Q4 2025.
United States Oil Fund (USO) Operating Expenses (2009 - 2026) Analysis & Trends
United States Oil Fund (USO) has reported Operating Expenses for 18 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 25.72% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $9.0 million (down 10.27% YoY), while the FY2025 annual figure was $8.5 million, down 21.69% from the prior year.
- Operating Expenses rose to $2.6 million in Q1 2026 per USO's latest filing, from $2.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.5 million in Q1 2022 and bottomed at $2.1 million in Q3 2025.
- Historically, Operating Expenses has averaged $2.9 million across 5 years, with a median of $2.7 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 41.01% — and 2026, when it rose 25.72%.
- United States Oil Fund's Operating Expenses stood at $3.5 million in 2022, then fell by 15.31% to $2.9 million in 2023, then dropped by 13.84% to $2.5 million in 2024, then declined by 16.11% to $2.1 million in 2025, then gained by 24.47% to $2.6 million in 2026.
- Business Quant data shows USO's Operating Expenses at $2.6 million in Q1 2026, $2.1 million in Q4 2025, and $2.1 million in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.44 Mn |
| Mar 31, 2026 | 2.64 Mn |
| Dec 31, 2025 | 2.12 Mn |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 2.13 Mn |
| Mar 31, 2025 | 2.10 Mn |
| Dec 31, 2024 | 2.53 Mn |
| Sep 30, 2024 | 2.68 Mn |
| Jun 30, 2024 | 2.72 Mn |
| Mar 31, 2024 | 2.87 Mn |
| Dec 31, 2023 | 2.94 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Jun 30, 2023 | 2.75 Mn |
| Mar 31, 2023 | 2.82 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 3.51 Mn |
| Jun 30, 2022 | 3.99 Mn |
| Mar 31, 2022 | 4.50 Mn |
| Dec 31, 2021 | 5.11 Mn |
| Sep 30, 2021 | 5.63 Mn |