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

United States Oil Fund's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.6 million for 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 was $2.6 million for Q1 2026 at United States Oil Fund, up from $2.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $4.5 million in Q1 2022 to a low of $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.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses plunged 41.01% in 2022, then gained 25.72% in 2026.
• A 5-year view of Operating Expenses shows it stood at $3.5 million in 2022, then retreated by 15.31% to $2.9 million in 2023, then declined by 13.84% to $2.5 million in 2024, then fell by 16.11% to $2.1 million in 2025, then advanced 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.