Filing Flows › United States Gasoline Fund, LP (UGA) › Operating margin
United States Gasoline Fund, LP (UGA) operating margin by quarter
United States Gasoline Fund, LP's operating margin was 99.6% in Q1 2026 (first quarter 2026), +3.7 pts from Q3 2025. Over the last 4 quarters it ranged from 89.6% (Q1 2025) to 99.6% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 99.6% | +3.7 pts | +10.0 pts |
| Q3 2025 | 95.9% | +6.3 pts | — |
| Q1 2025 | 89.6% | -6.6 pts | — |
| Q4 2024 | 96.1% | — | — |
Q1 2026 at a glance
United States Gasoline Fund, LP, Q1 2026: revenue $58.5M (25× year over year), operating margin 99.6%, net earnings $58.2M, operating cash flow $53.3M. The chart follows the revenue to costs, profit and cash.
Questions
What is United States Gasoline Fund, LP's operating margin?
United States Gasoline Fund, LP's operating margin was 99.6% in Q1 2026 (first quarter 2026), +3.7 pts from Q3 2025.
How has United States Gasoline Fund, LP's operating margin changed?
Over the last 4 quarters it ranged from 89.6% (Q1 2025) to 99.6% (Q1 2026).
Q1 2026 results → · How United States Gasoline Fund, LP makes money →