Filing Flows › United States Gasoline Fund, LP (UGA) › Q1 2025
United States Gasoline Fund, LP (UGA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
United States Gasoline Fund, LP (UGA) reported revenue of $2.3M for the first quarter 2025 (Q1 2025), -86% from a year earlier and -69% from the quarter before. Operating margin was 89.6%, net earnings $2.1M (89.6% of revenue).
United States Gasoline Fund, LP, Q1 2025: revenue $2.3M (-86% year over year), operating margin 89.6%, net earnings $2.1M, operating cash flow $558K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -69% | -86% |
| Operating profit | $2.1M | -71% | -87% |
| Net earnings | $2.1M | -71% | -87% |
| Operating cash flow | $558K | -87% | -96% |
What changed
Revenue was $2.3M in Q1 2025, down 86% year over year and down 69% from the previous quarter.
Operating profit was $2.1M, a 89.6% margin (down 9.1 points year over year). Total costs grew 13% against a revenue fall of 86%. Net earnings were $2.1M, down 87% year over year. The effective tax rate was 0.0%.
Operating cash flow was $558K (down 96% year over year), 27% of net earnings. Working capital and other items used $1.5M.
Questions
What was United States Gasoline Fund, LP's revenue in the first quarter 2025?
United States Gasoline Fund, LP (UGA) reported revenue of $2.3M for the first quarter 2025 (Q1 2025), -86% from a year earlier and -69% from the quarter before.
Was United States Gasoline Fund, LP profitable in the first quarter 2025?
Operating profit was $2.1M (89.6% of revenue) and net earnings $2.1M.