U S Global Investors Operating Expenses Growth & History (GROW)
U S Global Investors's operating expenses was $10.9M for fiscal 2026.
View full U S Global Investors company overviewU S Global Investors annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $10.9M | −$584,000 | −5.11% |
| 2025 | 2025-06-30 | $11.4M | −$26,000 | −0.23% |
| 2024 | 2024-06-30 | $11.5M | −$85,000 | −0.74% |
| 2023 | 2023-06-30 | $11.5M | −$2.1M | −15.09% |
| 2022 | 2022-06-30 | $13.6M | $112,000 | +0.83% |
| 2021 | 2021-06-30 | $13.5M | $6.6M | +96.09% |
| 2020 | 2020-06-30 | $6.9M | $663,000 | +10.67% |
| 2019 | 2019-06-30 | $6.2M | −$2.3M | −27.29% |
| 2018 | 2018-06-30 | $8.5M | $913,000 | +11.96% |
| 2017 | 2017-06-30 | $7.6M | −$2.0M | −21.12% |
| 2016 | 2016-06-30 | $9.7M | −$1.2M | −10.69% |
| 2015 | 2015-06-30 | $10.8M | −$971,000 | −8.22% |
| 2014 | 2014-06-30 | $11.8M | −$5.7M | −32.54% |
| 2013 | 2013-06-30 | $17.5M | −$2.0M | −10.37% |
| 2012 | 2012-06-30 | $19.5M | −$10.4M | −34.67% |
| 2011 | 2011-06-30 | $29.9M | $3.4M | +12.75% |
| 2010 | 2010-06-30 | $26.5M | — | — |
U S Global Investors quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $2.8M | −$140,000 | −4.74% |
| Q3 2026 | 2026-03-31 | $2.7M | −$322,000 | −10.75% |
| Q2 2026 | 2025-12-31 | $2.6M | −$172,000 | −6.21% |
| Q1 2026 | 2025-09-30 | $2.8M | $50,000 | +1.84% |
| Q4 2025 | 2025-06-30 | $3.0M | $117,000 | +4.12% |
| Q3 2025 | 2025-03-31 | $3.0M | −$85,000 | −2.76% |
| Q2 2025 | 2024-12-31 | $2.8M | $144,000 | +5.48% |
| Q1 2025 | 2024-09-30 | $2.7M | −$202,000 | −6.92% |
| Q4 2024 | 2024-06-30 | $2.8M | −$169,000 | −5.62% |
| Q3 2024 | 2024-03-31 | $3.1M | $187,000 | +6.46% |
| Q2 2024 | 2023-12-31 | $2.6M | −$194,000 | −6.88% |
| Q1 2024 | 2023-09-30 | $2.9M | $91,000 | +3.22% |
| Q4 2023 | 2023-06-30 | $3.0M | $354,000 | +13.34% |
| Q3 2023 | 2023-03-31 | $2.9M | −$764,000 | −20.89% |
| Q2 2023 | 2022-12-31 | $2.8M | −$815,000 | −22.42% |
| Q1 2023 | 2022-09-30 | $2.8M | −$827,000 | −22.63% |
| Q4 2022 | 2022-06-30 | $2.7M | −$818,000 | −23.56% |
| Q3 2022 | 2022-03-31 | $3.7M | $595,000 | +19.43% |
| Q2 2022 | 2021-12-31 | $3.6M | −$1.0M | −21.76% |
| Q1 2022 | 2021-09-30 | $3.7M | $1.3M | +58.32% |
| Q4 2021 | 2021-06-30 | $3.5M | $1.4M | +64.08% |
| Q3 2021 | 2021-03-31 | $3.1M | $1.2M | +61.81% |
| Q2 2021 | 2020-12-31 | $4.6M | $3.2M | +232.33% |
| Q1 2021 | 2020-09-30 | $2.3M | $836,000 | +56.79% |
| Q4 2020 | 2020-06-30 | $2.1M | $984,000 | +86.93% |
| Q3 2020 | 2020-03-31 | $1.9M | $364,000 | +23.81% |
| Q2 2020 | 2019-12-31 | $1.4M | −$251,000 | −15.22% |
| Q1 2020 | 2019-09-30 | $1.5M | −$434,000 | −22.77% |
| Q4 2019 | 2019-06-30 | $1.1M | −$1.3M | −53.43% |
| Q3 2019 | 2019-03-31 | $1.5M | −$478,000 | −23.82% |
| Q2 2019 | 2018-12-31 | $1.6M | −$493,000 | −23.02% |
| Q1 2019 | 2018-09-30 | $1.9M | −$63,000 | −3.20% |
| Q4 2018 | 2018-06-30 | $2.4M | $481,000 | +24.67% |
| Q3 2018 | 2018-03-31 | $2.0M | $147,000 | +7.90% |
| Q2 2018 | 2017-12-31 | $2.1M | $266,000 | +14.18% |
| Q1 2018 | 2017-09-30 | $2.0M | $19,000 | +0.97% |
| Q4 2017 | 2017-06-30 | $1.9M | −$11,000 | −0.56% |
| Q3 2017 | 2017-03-31 | $1.9M | −$10,000 | −0.53% |
| Q2 2017 | 2016-12-31 | $1.9M | −$1.3M | −41.47% |
| Q1 2017 | 2016-09-30 | $1.9M | −$695,000 | −26.28% |
| Q4 2016 | 2016-06-30 | $2.0M | −$11,000 | −0.56% |
| Q3 2016 | 2016-03-31 | $1.9M | −$690,000 | −26.95% |
| Q2 2016 | 2015-12-31 | $3.2M | $510,000 | +18.92% |
| Q1 2016 | 2015-09-30 | $2.6M | −$968,000 | −26.79% |
| Q4 2015 | 2015-06-30 | $2.0M | $1.6M | +512.42% |
| Q3 2015 | 2015-03-31 | $2.6M | −$597,000 | −18.91% |
| Q2 2015 | 2014-12-31 | $2.7M | −$1.5M | −35.89% |
| Q1 2015 | 2014-09-30 | $3.6M | −$515,000 | −12.48% |
| Q4 2014 | 2014-06-30 | $322,000 | −$4.0M | −92.59% |
| Q3 2014 | 2014-03-31 | $3.2M | −$1.1M | −25.86% |
| Q2 2014 | 2013-12-31 | $4.2M | −$607,168 | −12.62% |
| Q1 2014 | 2013-09-30 | $4.1M | −$328,628 | −7.37% |
| Q4 2013 | 2013-06-30 | $4.3M | −$414,000 | −8.70% |
| Q3 2013 | 2013-03-31 | $4.3M | −$484,684 | −10.22% |
| Q2 2013 | 2012-12-31 | $4.8M | −$405,832 | −7.78% |
| Q1 2013 | 2012-09-30 | $4.5M | −$2.2M | −32.78% |
| Q4 2012 | 2012-06-30 | $4.8M | −$2.5M | −34.88% |
| Q3 2012 | 2012-03-31 | $4.7M | −$2.6M | −35.57% |
| Q2 2012 | 2011-12-31 | $5.2M | −$3.1M | −36.92% |
| Q1 2012 | 2011-09-30 | $6.6M | −$332,000 | −4.77% |
| Q4 2011 | 2011-06-30 | $7.3M | — | — |
| Q3 2011 | 2011-03-31 | $7.4M | — | — |
| Q2 2011 | 2010-12-31 | $8.3M | — | — |
| Q1 2011 | 2010-09-30 | $7.0M | — | — |
U S Global Investors operating expenses trends
Over the last five fiscal years, U S Global Investors's operating expenses decreased from $13.5M to $10.9M, a change of −$2.6M. The latest reported quarter, Q4 2026, shows $2.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review U S Global Investors source filings ↗