Filing Flows › U S Global Investors (GROW) › Q3 FY26
U S Global Investors (GROW) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 13, 2026
U S Global Investors (GROW) reported revenue of $2.8M for the third quarter fiscal 2026 (Q3 FY26), +31% from a year earlier and +10% from the quarter before. Operating margin was 3.2%, net earnings $2.7M (96.9% of revenue).
U S Global Investors, Q3 FY26: revenue $2.8M (+31% year over year), operating margin 3.2%, net earnings $2.7M, operating cash flow $295K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | +10% | +31% |
| Operating profit | $88K | — | — |
| Net earnings | $2.7M | — | — |
| Operating cash flow | $295K | +15% | — |
| Free cash flow | $275K | — | — |
What changed
Revenue was $2.8M in Q3 FY26, up 31% year over year and up 10% from the previous quarter. Investment Advisory Services was the largest line at 98% of revenue. Investment Advisory Services added $625K year over year (up 30%), 95% of the total change.
Operating profit was $88K, a 3.2% margin (up 45.6 points year over year). Total costs fell 11% while revenue rose 31%. Net earnings were $2.7M. The effective tax rate was -46.0%. Non-operating items added $1.7M, 95% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $295K, 11% of net earnings. Non-cash charges added back $10K of depreciation and amortization. Working capital and other items used $2.4M. Capital expenditures of $20K left free cash flow of $275K.
Questions
What was U S Global Investors' revenue in the third quarter fiscal 2026?
U S Global Investors (GROW) reported revenue of $2.8M for the third quarter fiscal 2026 (Q3 FY26), +31% from a year earlier and +10% from the quarter before.
Was U S Global Investors profitable in the third quarter fiscal 2026?
Operating profit was $88K (3.2% of revenue) and net earnings $2.7M.