Filing Flows › United States 12 Month Natural Gas Fund, LP (UNL) › Q1 2025 › vs Q4 2024
United States 12 Month Natural Gas Fund, LP (UNL) Q1 2025 vs Q4 2024 (quarter over quarter)
United States 12 Month Natural Gas Fund, LP's revenue rose $3.7M (+669%) from $552K in Q4 2024 to $4.2M in Q1 2025. Operating margin 98.6% against 86.3% (+12.3 pts).
United States 12 Month Natural Gas Fund, LP, Q1 2025: revenue $4.2M, operating margin 98.6%, net earnings $4.2M, operating cash flow $3.6M. The chart draws each line against Q4 2024, the increases inside each band.
Margins
| Q1 2025 | Q4 2024 | Change | |
|---|---|---|---|
| Operating margin | 98.6% | 86.3% | +12.3 pts |
| Net margin | 98.6% | 86.3% | +12.3 pts |
Every line
| Line | Q1 2025 | Q4 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $4.2M | $552K | $3.7M | +669% |
| Operating profit | $4.2M | $477K | $3.7M | +778% |
| Costs & expenses | $59K | $75K | −$16K | -22% |
| Pre-tax earnings | $4.2M | $477K | $3.7M | +778% |
| Net earnings | $4.2M | $477K | $3.7M | +778% |
| Working capital & other | $598K | $932K | −$334K | -36% |
| Operating cash flow | $3.6M | −$456K | $4.0M | — |
Questions
How much did United States 12 Month Natural Gas Fund, LP's revenue grow quarter over quarter in Q1 2025?
United States 12 Month Natural Gas Fund, LP's revenue rose $3.7M (+669%) from $552K in Q4 2024 to $4.2M in Q1 2025. Operating margin 98.6% against 86.3% (+12.3 pts).