Filing Flows

Filing Flows › United States Oil Fund, LP (USO) › Q4 2025 › vs Q3 2025

United States Oil Fund, LP (USO) Q4 2025 vs Q3 2025 (quarter over quarter)

United States Oil Fund, LP's revenue fell $22.4M (-88%) from $25.6M in Q3 2025 to $3.2M in Q4 2025.

United States Oil Fund, LP, Q4 2025: revenue $3.2M (-97% year over year), net loss $55.5M, operating cash flow −$50.0M. The chart draws each line against Q3 2025, the increases inside each band.

United States Oil Fund, LP: what changed, Q4 2025 vs Q3 2025United States Oil Fund, LP: what changed, Q4 2025 vs Q3 2025Net loss$78.9MOperating cash sources$78.9MNet loss absorbed$78.9MOperating costs$56.5MWorking capital & other$56.2MCosts & expenses$33.1MCash used in operations$22.7M

Every line

LineQ4 2025Q3 2025Change%
Revenue$3.2M$25.6M−$22.4M-88%
Net loss$55.5M−$23.5M$78.9M—
Costs & expenses$58.6M$25.6M$33.1M+129%
Operating costs$58.6M$2.1M$56.5M28×
Operating cash sources$55.5M−$23.5M$78.9M—
Working capital & other$5.4M−$50.8M$56.2M—
Cash used in operations$50.0M$27.3M$22.7M+83%
Net loss absorbed$55.5M−$23.5M$78.9M—

Questions

How much did United States Oil Fund, LP's revenue grow quarter over quarter in Q4 2025?

United States Oil Fund, LP's revenue fell $22.4M (-88%) from $25.6M in Q3 2025 to $3.2M in Q4 2025.

Q4 2025 results → · Compare in the interactive Sankey →