Filing Flows › United States Oil Fund, LP (USO) › Q1 2026 › vs Q1 2025
United States Oil Fund, LP (USO) Q1 2026 vs Q1 2025 (year over year)
United States Oil Fund, LP's revenue rose $944M (23×) from $42.4M in Q1 2025 to $986M in Q1 2026. Operating margin 99.7% against 95.0% (+4.7 pts).
United States Oil Fund, LP, Q1 2026: revenue $986M (23× year over year), operating margin 99.7%, net earnings $984M, operating cash flow $632M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 99.7% | 95.0% | +4.7 pts |
| Net margin | 99.7% | 95.0% | +4.7 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $986M | $42.4M | $944M | 23× |
| Operating profit | $984M | $40.3M | $943M | 24× |
| Costs & expenses | $2.6M | $2.1M | $541K | +26% |
| Pre-tax earnings | $984M | $40.3M | $943M | 24× |
| Net earnings | $984M | $40.3M | $943M | 24× |
| Working capital & other | $352M | $15.2M | $337M | 23× |
| Operating cash flow | $632M | $25.1M | $607M | 25× |
Questions
How much did United States Oil Fund, LP's revenue grow year over year in Q1 2026?
United States Oil Fund, LP's revenue rose $944M (23×) from $42.4M in Q1 2025 to $986M in Q1 2026. Operating margin 99.7% against 95.0% (+4.7 pts).