United States Oil Fund (USO) Operating Expenses (2009 - 2026)

United States Oil Fund's quarterly Operating Expenses came in at $2.6 million in Q1 2026, up 25.72% year-on-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 has reported Operating Expenses for 18 years, with the latest figure at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 25.72% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $9.0 million (down 10.27% YoY), and the FY2025 full-year result was $8.5 million, down 21.69% from the prior year.
  • Operating Expenses for Q1 2026 stood at $2.6 million, up from $2.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $4.5 million in Q1 2022, with the low at $2.1 million in Q3 2025.
  • Average Operating Expenses over 5 years is $2.9 million, with a median of $2.7 million recorded in 2024.
  • Year-over-year, Operating Expenses plunged 41.01% in 2022 and climbed 25.72% in 2026.
  • Tracing USO's Operating Expenses over 5 years: stood at $3.5 million in 2022, then decreased by 15.31% to $2.9 million in 2023, then fell by 13.84% to $2.5 million in 2024, then retreated by 16.11% to $2.1 million in 2025, then climbed by 24.47% to $2.6 million in 2026.
  • The last three Operating Expenses figures came in at $2.6 million (Q1 2026), $2.1 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.

Historic Data

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DateValue
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
Jun 30, 2021 6.77 Mn
Mar 31, 2021 6.44 Mn
Dec 31, 2020 6.87 Mn
Sep 30, 2020 7.75 Mn
Jun 30, 2020 10.34 Mn
Mar 31, 2020 3.34 Mn
Dec 31, 2019 2.50 Mn
Sep 30, 2019 2.78 Mn
Jun 30, 2019 2.93 Mn
Mar 31, 2019 3.17 Mn
Dec 31, 2018 3.03 Mn
Sep 30, 2018 3.12 Mn
Jun 30, 2018 3.39 Mn
Mar 31, 2018 3.62 Mn
Dec 31, 2017 4.57 Mn
Sep 30, 2017 4.81 Mn
Jun 30, 2017 5.48 Mn
Mar 31, 2017 5.26 Mn
Dec 31, 2016 6.13 Mn
Sep 30, 2016 6.11 Mn
Jun 30, 2016 6.51 Mn
Mar 31, 2016 7.12 Mn
Dec 31, 2015 5.83 Mn
Sep 30, 2015 4.67 Mn
Jun 30, 2015 4.49 Mn
Mar 31, 2015 4.12 Mn
Dec 31, 2014 1.51 Mn
Sep 30, 2014 1.24 Mn
Jun 30, 2014 1.03 Mn
Mar 31, 2014 1.31 Mn
Dec 31, 2013 1.42 Mn
Sep 30, 2013 1.57 Mn
Jun 30, 2013 1.79 Mn
Mar 31, 2013 1.95 Mn
Dec 31, 2012 2.32 Mn
Sep 30, 2012 2.22 Mn
Jun 30, 2012 2.17 Mn
Mar 31, 2012 2.24 Mn
Dec 31, 2011 1.98 Mn
Sep 30, 2011 2.04 Mn
Jun 30, 2011 2.64 Mn
Mar 31, 2011 3.14 Mn
Dec 31, 2010 2.69 Mn
Sep 30, 2010 2.88 Mn
Jun 30, 2010 3.52 Mn
Mar 31, 2010 3.53 Mn
Dec 31, 2009 4.21 Mn
Sep 30, 2009 3.89 Mn
Jun 30, 2009 5.90 Mn