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How U S Global Investors (GROW) makes money

U S Global Investors (GROW) made $2.7M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Investment Advisory Services brought in $2.7M (98%); Administrative Service brought in $59K (2%).

Drawing the Sankey…

U S Global Investors revenue by segment, Q4 FY26U S Global Investors revenue by segment, Q4 FY26Investment Advisory Services$2.7MAdministrative Service$59K
U S Global Investors: revenue by line, Q2 FY25 to Q4 FY26U S Global Investors: revenue by line, Q2 FY25 to Q4 FY26Investment Advisory S…Administrative ServiceInvestment Advisory Services: $2.7M latest$2.7MAdministrative Service: $59K latestQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
The mix barely moved between Q2 FY25 and Q4 FY26.
U S Global Investors revenue by quarterU S Global Investors revenue by quarter$2.2MQ2 FY25$2.1MQ3 FY25$2.0MQ4 FY25$2.3MQ1 FY26$2.5MQ2 FY26$2.8MQ3 FY26$2.7MQ4 FY26
U S Global Investors: where each dollar of revenue goesU S Global Investors: where each dollar of revenue goesOperating cash flow8¢Free cash flow7¢

Revenue by segment, Q4 FY26

SegmentRevenueShareQ/QY/Y
Investment Advisory Services$2.7M97.8%-1%—
Administrative Service$59K2.2%-9%—

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$2.7M100.0%
Operating cash flow$223K8.2%
Free cash flow$203K7.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$2.7M+39%
Q3 FY26$2.8M+31%
Q2 FY26$2.5M+12%
Q1 FY26$2.3M+4%
Q4 FY25$2.0M-20%
Q3 FY25$2.1M-19%
Q2 FY25$2.2M-21%

From U S Global Investors' 10-K filed Sep 3, 2026 (on EDGAR).

Questions

How does U S Global Investors make money?

U S Global Investors (GROW) made $2.7M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Investment Advisory Services brought in $2.7M (98%); Administrative Service brought in $59K (2%).

What is U S Global Investors' biggest business?

Investment Advisory Services: $2.7M in the fourth quarter fiscal 2026, 98% of revenue.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.