United States Oil Fund, LP annual operating expenses
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2025
United States Oil Fund, LP Operating Expenses Growth & History (USO)
United States Oil Fund, LP's operating expenses was $8.5M for fiscal 2025.
View full United States Oil Fund, LP company overviewUnited States Oil Fund, LP annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.5M | −$2.3M | −21.69% |
| 2024 | 2024-12-31 | $10.8M | −$345,774 | −3.10% |
| 2023 | 2023-12-31 | $11.1M | −$4.3M | −27.97% |
| 2022 | 2022-12-31 | $15.5M | −$8.5M | −35.41% |
| 2021 | 2021-12-31 | $24.0M | −$4.3M | −15.35% |
| 2020 | 2020-12-31 | $28.3M | $16.9M | +148.67% |
| 2019 | 2019-12-31 | $11.4M | −$1.8M | −13.55% |
| 2018 | 2018-12-31 | $13.2M | −$7.0M | −34.57% |
| 2017 | 2017-12-31 | $20.1M | −$5.7M | −22.22% |
| 2016 | 2016-12-31 | $25.9M | $6.7M | +35.30% |
| 2015 | 2015-12-31 | $19.1M | $14.0M | +274.99% |
| 2014 | 2014-12-31 | $5.1M | −$1.6M | −24.21% |
| 2013 | 2013-12-31 | $6.7M | −$2.2M | −24.88% |
| 2012 | 2012-12-31 | $9.0M | −$849,032 | −8.66% |
| 2011 | 2011-12-31 | $9.8M | −$2.8M | −22.31% |
| 2010 | 2010-12-31 | $12.6M | −$7.7M | −38.01% |
| 2009 | 2009-12-31 | $20.4M | $12.2M | +150.84% |
| 2008 | 2008-12-31 | $8.1M | — | — |
United States Oil Fund, LP quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.4M | $1.3M | +61.44% |
| Q1 2026 | 2026-03-31 | $2.6M | $540,635 | +25.72% |
| Q4 2025 | 2025-12-31 | $2.1M | −$407,789 | −16.11% |
| Q3 2025 | 2025-09-30 | $2.1M | −$577,690 | −21.59% |
| Q2 2025 | 2025-06-30 | $2.1M | −$584,795 | −21.52% |
| Q1 2025 | 2025-03-31 | $2.1M | −$771,702 | −26.85% |
| Q4 2024 | 2024-12-31 | $2.5M | −$406,625 | −13.84% |
| Q3 2024 | 2024-09-30 | $2.7M | $38,599 | +1.46% |
| Q2 2024 | 2024-06-30 | $2.7M | −$28,089 | −1.02% |
| Q1 2024 | 2024-03-31 | $2.9M | $50,341 | +1.78% |
| Q4 2023 | 2023-12-31 | $2.9M | −$531,069 | −15.31% |
| Q3 2023 | 2023-09-30 | $2.6M | −$872,755 | −24.87% |
| Q2 2023 | 2023-06-30 | $2.7M | −$1.2M | −31.23% |
| Q1 2023 | 2023-03-31 | $2.8M | −$1.7M | −37.26% |
| Q4 2022 | 2022-12-31 | $3.5M | −$1.6M | −32.14% |
| Q3 2022 | 2022-09-30 | $3.5M | −$2.1M | −37.65% |
| Q2 2022 | 2022-06-30 | $4.0M | −$2.8M | −41.01% |
| Q1 2022 | 2022-03-31 | $4.5M | −$1.9M | −30.16% |
| Q4 2021 | 2021-12-31 | $5.1M | −$1.8M | −25.62% |
| Q3 2021 | 2021-09-30 | $5.6M | −$2.1M | −27.34% |
| Q2 2021 | 2021-06-30 | $6.8M | −$3.6M | −34.53% |
| Q1 2021 | 2021-03-31 | $6.4M | $3.1M | +93.02% |
| Q4 2020 | 2020-12-31 | $6.9M | $4.4M | +174.91% |
| Q3 2020 | 2020-09-30 | $7.7M | $5.0M | +178.93% |
| Q2 2020 | 2020-06-30 | $10.3M | $7.4M | +252.81% |
| Q1 2020 | 2020-03-31 | $3.3M | $167,101 | +5.27% |
| Q4 2019 | 2019-12-31 | $2.5M | −$532,695 | −17.57% |
| Q3 2019 | 2019-09-30 | $2.8M | −$340,057 | −10.91% |
| Q2 2019 | 2019-06-30 | $2.9M | −$461,349 | −13.60% |
| Q1 2019 | 2019-03-31 | $3.2M | −$448,843 | −12.40% |
| Q4 2018 | 2018-12-31 | $3.0M | −$1.5M | −33.69% |
| Q3 2018 | 2018-09-30 | $3.1M | −$1.7M | −35.13% |
| Q2 2018 | 2018-06-30 | $3.4M | −$2.1M | −38.07% |
| Q1 2018 | 2018-03-31 | $3.6M | −$1.6M | −31.20% |
| Q4 2017 | 2017-12-31 | $4.6M | −$1.6M | −25.33% |
| Q3 2017 | 2017-09-30 | $4.8M | −$1.3M | −21.37% |
| Q2 2017 | 2017-06-30 | $5.5M | −$1.0M | −15.87% |
| Q1 2017 | 2017-03-31 | $5.3M | −$1.9M | −26.10% |
| Q4 2016 | 2016-12-31 | $6.1M | $290,910 | +4.99% |
| Q3 2016 | 2016-09-30 | $6.1M | $1.4M | +30.82% |
| Q2 2016 | 2016-06-30 | $6.5M | $2.0M | +44.85% |
| Q1 2016 | 2016-03-31 | $7.1M | $3.0M | +72.91% |
| Q4 2015 | 2015-12-31 | $5.8M | $4.3M | +285.52% |
| Q3 2015 | 2015-09-30 | $4.7M | $3.4M | +277.53% |
| Q2 2015 | 2015-06-30 | $4.5M | $3.5M | +334.35% |
| Q1 2015 | 2015-03-31 | $4.1M | $2.8M | +213.69% |
| Q4 2014 | 2014-12-31 | $1.5M | $96,323 | +6.80% |
| Q3 2014 | 2014-09-30 | $1.2M | −$335,344 | −21.32% |
| Q2 2014 | 2014-06-30 | $1.0M | −$753,743 | −42.15% |
| Q1 2014 | 2014-03-31 | $1.3M | −$636,146 | −32.64% |
| Q4 2013 | 2013-12-31 | $1.4M | −$898,107 | −38.79% |
| Q3 2013 | 2013-09-30 | $1.6M | −$651,137 | −29.28% |
| Q2 2013 | 2013-06-30 | $1.8M | −$384,310 | −17.69% |
| Q1 2013 | 2013-03-31 | $1.9M | −$294,417 | −13.12% |
| Q4 2012 | 2012-12-31 | $2.3M | $334,999 | +16.92% |
| Q3 2012 | 2012-09-30 | $2.2M | $178,908 | +8.75% |
| Q2 2012 | 2012-06-30 | $2.2M | −$466,729 | −17.68% |
| Q1 2012 | 2012-03-31 | $2.2M | −$896,210 | −28.54% |
| Q4 2011 | 2011-12-31 | $2.0M | −$714,337 | −26.51% |
| Q3 2011 | 2011-09-30 | $2.0M | −$833,776 | −28.96% |
| Q2 2011 | 2011-06-30 | $2.6M | −$879,552 | −24.99% |
| Q1 2011 | 2011-03-31 | $3.1M | −$387,100 | −10.98% |
| Q4 2010 | 2010-12-31 | $2.7M | — | — |
| Q3 2010 | 2010-09-30 | $2.9M | −$1.0M | −25.93% |
| Q2 2010 | 2010-06-30 | $3.5M | −$2.4M | −40.31% |
| Q1 2010 | 2010-03-31 | $3.5M | — | — |
| Q3 2009 | 2009-09-30 | $3.9M | — | — |
| Q2 2009 | 2009-06-30 | $5.9M | — | — |
United States Oil Fund, LP operating expenses trends
Over the last five fiscal years, United States Oil Fund, LP's operating expenses decreased from $28.3M to $8.5M, a change of −$19.8M. The latest reported quarter, Q2 2026, shows $3.4M.
About the metric
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.
Calculation and source
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 United States Oil Fund, LP source filings ↗