Filing Flows › United States Gasoline Fund, LP (UGA) › Q3 2026
United States Gasoline Fund, LP (UGA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
United States Gasoline Fund, LP (UGA) reported revenue of $51.2M for the third quarter 2026 (Q3 2026), +899% from a year earlier. Operating margin was 99.3%, net earnings $50.8M (99.3% of revenue).
United States Gasoline Fund, LP, Q3 2026: revenue $51.2M (+899% year over year), operating margin 99.3%, net earnings $50.8M, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.2M | — | +899% |
| Operating profit | $50.8M | — | +935% |
| Net earnings | $50.8M | — | +935% |
| Operating cash flow | $4.5M | — | +80% |
What changed
Revenue was $51.2M in Q3 2026, up 899% year over year.
Operating profit was $50.8M, a 99.3% margin (up 3.4 points year over year). Of the extra revenue versus Q3 2025, 100% reached operating profit, above the 96% margin then. Total costs grew 70% against revenue growth of 899%. Net earnings were $50.8M, up 935% year over year. The effective tax rate was 0.0%.
Operating cash flow was $4.5M (up 80% year over year), 9% of net earnings. Working capital and other items used $46.3M.
Questions
What was United States Gasoline Fund, LP's revenue in the third quarter 2026?
United States Gasoline Fund, LP (UGA) reported revenue of $51.2M for the third quarter 2026 (Q3 2026), +899% from a year earlier.
Was United States Gasoline Fund, LP profitable in the third quarter 2026?
Operating profit was $50.8M (99.3% of revenue) and net earnings $50.8M.