United States Oil Fund, LP (USO)
United States Oil Fund, LP brought in $958.7M of revenue over the twelve months to June 30, 2026, up 577.6% from a year earlier. Net income was $586.3M, a net margin of 61.2%. At June 30, 2026 it held $1.3B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.
What United States Oil Fund, LP does
United States Oil Fund, LP is registered with the SEC under industry code SIC 6221 (Commodity Contracts Brokers & Dealers). Its shares trade on NYSE under the ticker USO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $320.8K | -$64.7M | n/a | n/a |
| 2024 | $231.9M | $221.1M | n/a | n/a |
| 2023 | $374K | -$46M | n/a | n/a |
| 2022 | $800.7M | $785.2M | n/a | n/a |
| 2021 | $1.6B | $1.6B | n/a | n/a |
| 2020 | $289.5K | -$1.9B | n/a | n/a |
Full financial statements: income, balance sheet and cash flow
Where USO ranks in Finance
Latest SEC filings
What United States Oil Fund, LP has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 25, 2026
- August 28, 2026
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 45% to $54.6K versus the same quarter last year; net loss of $365.4M.
- July 29, 2026
- June 29, 2026
- May 28, 2026
- May 14, 2026Form POS EX filing POS EX
- May 8, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 2,226% to $986.4M versus the same quarter last year; net income rose 2,341% to $983.7M.
- April 29, 2026
- April 24, 2026
Insider trades
What the people running United States Oil Fund, LP did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $23.4M and sold $14.7M worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 16, 2026 | Hrt Financial LP10% owner | Bought | 14,291 | $2.2M |
| September 16, 2026 | Hrt Financial LP10% owner | Bought | 29,347 | $4.6M |
| September 16, 2026 | Hrt Financial LP10% owner | Sold | 1,088 | $170.1K |
| September 16, 2026 | Hrt Financial LP10% owner | Sold | 14,625 | $2.3M |
| September 16, 2026 | Hrt Financial LP10% owner | Sold | 1,222 | $195.3K |
| September 16, 2026 | Hrt Financial LP10% owner | Sold | 87 | $14K |
| September 16, 2026 | Hrt Financial LP10% owner | Sold | 1 | $161.8 |
| September 15, 2026 | Hrt Financial LP10% owner | Sold | 1,218 | $195.8K |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 13,649 | $2.1M |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 2,157 | $337.6K |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 43,178 | $6.8M |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 2,553 | $403.6K |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 13,203 | $2.1M |
| September 14, 2026 | Hrt Financial LP10% owner | Bought | 26,472 | $4.2M |
| September 11, 2026 | Hrt Financial LP10% owner | Sold | 44,935 | $6.9M |
Who owns USO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
1 insiders reported holding 128,543 shares in total, about $19.1M at the last price.
| Holder | Shares |
|---|---|
| Hrt Financial LP10% owner | 128,543 |
Questions about USO
What does United States Oil Fund, LP do?
United States Oil Fund, LP is registered with the SEC under industry code SIC 6221 (Commodity Contracts Brokers & Dealers). Its shares trade on NYSE under the ticker USO.
Is United States Oil Fund, LP profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $586.3M on revenue of $958.7M, a net margin of 61.2%.
How much revenue does United States Oil Fund, LP make?
Over the twelve months to June 30, 2026 United States Oil Fund, LP reported revenue of $958.7M. That is 577.6% more than a year earlier.
When did United States Oil Fund, LP last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from September 25, 2026.
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Follow USO: get an email when it filesWhere the numbers come from
Financial figures are the values United States Oil Fund, LP tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.