Filing Flows › Financials › U S Global Investors (GROW)
U S Global Investors (GROW) earnings and revenue breakdown
Latest: Q4 FY26 · 10-K filed Sep 3, 2026 · U S Global Investors (GROW) Q4 FY26 earnings results →
Q4 FY26 Revenue up 39% year over year to $2.7M · 10¢ of every $1 of revenue lost · operating margin -3.2%
U S Global Investors made $2.7M in Q4 FY26 (+39% Y/Y): Investment Advisory Services $2.7M, Administrative Service $59K. Operating margin -3.2%, net loss $283K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 3, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $2.7M in Q4 FY26, up 39% year over year and down 1% from the previous quarter. Investment Advisory Services was the largest line at 98% of revenue.
Operating costs exceeded revenue by $88K, an operating margin of -3.2%. Total costs fell 5% while revenue rose 39%. The quarter ended with a net loss of $283K, after a profit of $2.7M the previous quarter. Net interest and other expense of $240K was the main reason.
Operating cash flow was $223K. Non-cash charges added back $10K of depreciation and amortization. Working capital and other items added $496K. Capital expenditures of $20K left free cash flow of $203K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q4 FY26 | 10-K | Sep 3, 2026 | $2.7M | +39% | -3.2% | −$283K | $223K |
| Q3 FY26 | 10-Q | May 13, 2026 | $2.8M | +31% | 3.2% | $2.7M | $295K |
| Q2 FY26 | 10-Q | Feb 20, 2026 | $2.5M | +12% | -3.5% | −$846K | $256K |
| Q1 FY26 | 10-Q | Nov 12, 2025 | $2.3M | +4% | -22.9% | $1.5M | −$32K |
| Q4 FY25 | 10-K | Sep 8, 2025 | $2.0M | -20% | -50.8% | −$181K | −$14K |
| Q3 FY25 | 10-Q | May 9, 2025 | $2.1M | -19% | -42.5% | −$382K | −$425K |
| Q2 FY25 | 10-Q | Feb 12, 2025 | $2.2M | -21% | -24.2% | −$86K | −$399K |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About U S Global Investors
This Annual Report on Form 10-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, U.S. Global Investors, Inc. and its subsidiaries (collectively, “U.S. Global” or the “Company”) may make other written and oral communications from time to time that contain such statements. Forward-looking statements include statements as to industry trends, future expectations of the Company, and other matters that do not relate strictly to historical facts and are based on certain assumptions by management. These statements are often identified by the use of words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “should,” “estimate,” or “continue,” and similar expressions or variations.
In its own words, from its annual report, filed Sep 8, 2025.
U S Global Investors against its Investment Advice peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +39% against the peers' median +6%. Operating margin: -3.2% against the peers' median 24.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| GROW U S Global Investors | Q4 FY26 | $2.7M | +39% | -3.2% |
| KKR KKR | Q2 2026 | $5.7B | +12% | 24.0% |
| AMP Ameriprise Financial | Q3 2026 | $5.2B | +6% | 28.9% |
| APO Apollo Global Management | Q3 2026 | $4.7B | -52% | -30.9% |
| BX Blackstone | Q3 2026 | $3.1B | -0.8% | 46.9% |
| BEN Franklin Templeton | Q4 FY26 | $2.4B | +4% | 14.6% |
| TROW Price T Rowe Group | Q3 2026 | $2.0B | +6% | 38.4% |
| IVZ Invesco | Q3 2026 | $1.9B | +14% | 23.3% |
| BAM Brookfield Asset Management | Q2 2026 | $1.8B | +61% | 62.4% |
Source: U S Global Investors 10-K on SEC EDGAR · CIK 754811 · Investment Advice
13F: who owns GROW and who is buying
More on GROW
History
Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results