Filing Flows › U S Global Investors (GROW) › Q2 FY26
U S Global Investors (GROW) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 20, 2026
U S Global Investors (GROW) reported revenue of $2.5M for the second quarter fiscal 2026 (Q2 FY26), +13% from a year earlier and +12% from the quarter before. Operating margin was -3.5%, net loss $846K (33.7% of revenue).
U S Global Investors, Q2 FY26: revenue $2.5M (+12% year over year), operating margin -3.5%, net loss $846K, operating cash flow $256K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | +12% | +13% |
| Operating profit | −$88K | — | — |
| Net earnings | −$846K | -156% | — |
| Operating cash flow | $256K | — | — |
What changed
Revenue was $2.5M in Q2 FY26, up 13% year over year and up 12% from the previous quarter. Investment Advisory Services was the largest line at 98% of revenue. Investment Advisory Services added $257K year over year (up 12%), 92% of the total change.
Operating costs exceeded revenue by $88K, an operating margin of -3.5%. Total costs fell 6% while revenue rose 13%. The quarter ended with a net loss of $846K, after a profit of $1.5M the previous quarter. Non-operating items added $623K, 116% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $256K. Working capital and other items added $1.1M.
Questions
What was U S Global Investors' revenue in the second quarter fiscal 2026?
U S Global Investors (GROW) reported revenue of $2.5M for the second quarter fiscal 2026 (Q2 FY26), +13% from a year earlier and +12% from the quarter before.
Was U S Global Investors profitable in the second quarter fiscal 2026?
Operating loss was $88K (-3.5% of revenue) and net loss $846K.