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United States Gasoline Fund, LP vs United States 12 Month Oil Fund, LP: UGA and USL compared
United States Gasoline Fund, LP is the larger company: $58.5M of revenue in its latest quarter (Q1 2026) against $17.0M for United States 12 Month Oil Fund, LP (Q1 2026). United States 12 Month Oil Fund, LP is growing faster (37× against 25× a year earlier). United States Gasoline Fund, LP is more profitable, with an operating margin of 99.6% against 99.4%.
Where the money goes: UGA and USL
United States Gasoline Fund, LP (UGA) · Q1 2026
United States Gasoline Fund, LP, Q1 2026: revenue $58.5M (25× year over year), operating margin 99.6%, net earnings $58.2M, operating cash flow $53.3M. The chart follows the revenue to costs, profit and cash.
United States 12 Month Oil Fund, LP (USL) · Q1 2026
United States 12 Month Oil Fund, LP, Q1 2026: revenue $17.0M (37× year over year), operating margin 99.4%, net earnings $16.9M, operating cash flow $7.4M. The chart follows the revenue to costs, profit and cash.
| United States Gasoline Fund, LP (UGA) | United States 12 Month Oil Fund, LP (USL) | |
|---|---|---|
| Latest quarter | Q1 2026 | Q1 2026 |
| Revenue | $58.5M | $17.0M |
| Revenue growth, Y/Y | 25× | 37× |
| Operating margin | 99.6% | 99.4% |
| Net earnings | $58.2M | $16.9M |
| Net margin | 99.6% | 99.4% |
| Operating cash flow | $53.3M | $7.4M |
| Market value | $183M | — |
| P/E | 3.3× | — |
Questions
Which is bigger, United States Gasoline Fund, LP or United States 12 Month Oil Fund, LP?
United States Gasoline Fund, LP is the larger company: $58.5M of revenue in its latest quarter (Q1 2026) against $17.0M for United States 12 Month Oil Fund, LP (Q1 2026).
Is United States Gasoline Fund, LP or United States 12 Month Oil Fund, LP growing faster?
United States 12 Month Oil Fund, LP is growing faster (37× against 25× a year earlier).
Which is more profitable, United States Gasoline Fund, LP or United States 12 Month Oil Fund, LP?
United States Gasoline Fund, LP is more profitable, with an operating margin of 99.6% against 99.4%.
More: United States Gasoline Fund, LP earnings · how United States Gasoline Fund, LP makes money · United States 12 Month Oil Fund, LP earnings · how United States 12 Month Oil Fund, LP makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed May 8, 2026; 10-Q filed May 8, 2026). Fiscal quarters can end on different dates. Not investment advice.