Filing Flows › ProShares Trust II (AGQ) › Q1 2026
ProShares Trust II (AGQ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
ProShares Trust II (AGQ) reported revenue of $44.6M for the first quarter 2026 (Q1 2026), +44% from a year earlier.
ProShares Trust II, Q1 2026: revenue $44.6M (+44% year over year), net earnings $478M, operating cash flow −$1.2B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.6M | — | +44% |
| Operating profit | $478M | — | +12% |
| Net earnings | $478M | — | +12% |
| Operating cash flow | −$1.2B | -183% | — |
What changed
Revenue was $44.6M in Q1 2026, up 44% year over year.
Operating profit was $478.0M, a 1071.6% margin (down 309.8 points year over year). Of the extra revenue versus Q1 2025, 369% reached operating profit, below the 1381% margin then. Net earnings were $478.0M, up 12% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$1,243.3M. Working capital and other items used $1,721.3M.
Questions
What was ProShares Trust II's revenue in the first quarter 2026?
ProShares Trust II (AGQ) reported revenue of $44.6M for the first quarter 2026 (Q1 2026), +44% from a year earlier.
Source: ProShares Trust II 10-Q on SEC EDGAR.