Filing Flows › United States Gasoline Fund, LP (UGA) › How it makes money
How United States Gasoline Fund, LP (UGA) makes money
United States Gasoline Fund, LP (UGA) made $58.5M of revenue in the first quarter 2026 (Q1 2026), up 25-fold from a year earlier. Of every dollar of revenue, 100¢ was left as operating profit, 100¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 2026 | % of revenue |
|---|---|---|
| Revenue | $58.5M | 100.0% |
| Operating profit | $58.2M | 99.6% |
| Net earnings | $58.2M | 99.6% |
| Operating cash flow | $53.3M | 91.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 2026 | $58.5M | 25× |
| Q3 2025 | $5.1M | — |
| Q1 2025 | $2.3M | -86% |
| Q4 2024 | $7.5M | — |
From United States Gasoline Fund, LP's 10-Q filed May 8, 2026 (on EDGAR).
Questions
How does United States Gasoline Fund, LP make money?
United States Gasoline Fund, LP (UGA) made $58.5M of revenue in the first quarter 2026 (Q1 2026), up 25-fold from a year earlier. Of every dollar of revenue, 100¢ was left as operating profit, 100¢ was left as net earnings.
What is United States Gasoline Fund, LP's profit margin?
Net earnings were $58.2M, 99.6% of revenue, in the first quarter 2026; the operating margin was 99.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.