Filing Flows › Comparisons › USO vs UGA
United States Oil Fund, LP vs United States Gasoline Fund, LP: USO and UGA compared
United States Oil Fund, LP is the larger company: $986M of revenue in its latest quarter (Q1 2026) against $58.5M for United States Gasoline Fund, LP (Q1 2026). United States Gasoline Fund, LP is growing faster (25× against 23× a year earlier). United States Oil Fund, LP is more profitable, with an operating margin of 99.7% against 99.6%.
Where the money goes: USO and UGA
United States Oil Fund, LP (USO) · Q1 2026
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 follows the revenue to costs, profit and cash.
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 Oil Fund, LP (USO) | United States Gasoline Fund, LP (UGA) | |
|---|---|---|
| Latest quarter | Q1 2026 | Q1 2026 |
| Revenue | $986M | $58.5M |
| Revenue growth, Y/Y | 23× | 25× |
| Operating margin | 99.7% | 99.6% |
| Net earnings | $984M | $58.2M |
| Net margin | 99.7% | 99.6% |
| Operating cash flow | $632M | $53.3M |
| Market value | $2.2B | $183M |
| P/E | 3.7× | 3.3× |
Questions
Which is bigger, United States Oil Fund, LP or United States Gasoline Fund, LP?
United States Oil Fund, LP is the larger company: $986M of revenue in its latest quarter (Q1 2026) against $58.5M for United States Gasoline Fund, LP (Q1 2026).
Is United States Oil Fund, LP or United States Gasoline Fund, LP growing faster?
United States Gasoline Fund, LP is growing faster (25× against 23× a year earlier).
Which is more profitable, United States Oil Fund, LP or United States Gasoline Fund, LP?
United States Oil Fund, LP is more profitable, with an operating margin of 99.7% against 99.6%.
More: United States Oil Fund, LP earnings · how United States Oil Fund, LP makes money · United States Gasoline Fund, LP earnings · how United States Gasoline 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.