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Antalpha Platform vs United States Oil Fund: revenue, profit, margins and growth compared

Antalpha Platform brought in $79.7M of revenue in fiscal 2025, United States Oil Fund $320.8K in fiscal 2025. Revenue changed by +67.9% at Antalpha Platform and -99.9% at United States Oil Fund on the year before, so Antalpha Platform grew faster. Antalpha Platform kept 30.7% of its revenue as net profit, United States Oil Fund -20,155.1%.

Side by side, latest fiscal year

ANTAUSO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$79.7M$320.8K
Revenue growth+67.9%-99.9%
Net income$24.4M-$64.7M
Net margin30.7%-20,155.1%
Free cash flow-$4.2Mn/a
Free cash flow margin-5.3%n/a
Earnings per share (diluted)$0.75n/a
Cash$7.9M$651.9M
Debt$15.8Mn/a
Price to earningsn/an/a
Market value$106.8M$2.2B
Dividend yieldn/an/a
Rank by revenue in sector#351 of 495 · Finance#488 of 495 · Finance

Over the years

Revenue
ANTA FY2023: $11.3MANTA FY2025: $47.5MANTA FY2025: $79.7MUSO FY2018: $358KUSO FY2019: $484.8MUSO FY2020: $289.5KUSO FY2021: $1.6BUSO FY2022: $800.7MUSO FY2023: $374KUSO FY2024: $231.9MUSO FY2025: $320.8KFY18FY19FY20FY21FY22FY23FY24FY25
ANTA $79.7MUSO $320.8K
Net income
ANTA FY2023: -$6.6MANTA FY2025: $4.4MANTA FY2025: $24.4MUSO FY2018: -$291.3MUSO FY2019: $473.5MUSO FY2020: -$1.9BUSO FY2021: $1.6BUSO FY2022: $785.2MUSO FY2023: -$46MUSO FY2024: $221.1MUSO FY2025: -$64.7MFY18FY19FY20FY21FY22FY23FY24FY25
ANTA $24.4MUSO -$64.7M
Net margin
ANTA FY2023: -58.4%ANTA FY2025: 9.3%ANTA FY2025: 30.7%USO FY2018: -81,361.6%USO FY2019: 97.7%USO FY2020: -657,989.3%USO FY2021: 98.5%USO FY2022: 98.1%USO FY2023: -12,311.1%USO FY2024: 95.3%USO FY2025: -20,155.1%FY18FY19FY20FY21FY22FY23FY24FY25
ANTA 30.7%USO -20,155.1%
Revenue growth
ANTA FY2025: +321.0%ANTA FY2025: +67.9%USO FY2019: +135,328.8%USO FY2020: -99.9%USO FY2021: +561,547.4%USO FY2022: -50.8%USO FY2023: -100.0%USO FY2024: +61,909.7%USO FY2025: -99.9%FY19FY20FY21FY22FY23FY24FY25
ANTA +67.9%USO -99.9%
Free cash flow
ANTA FY2023: -$12.3MANTA FY2025: -$11.9MANTA FY2025: -$4.2MFY23FY25
ANTA -$4.2MUSO

Fiscal years as each company reports them; the two may end in different months.

Questions about Antalpha Platform and United States Oil Fund

Which is bigger by revenue, Antalpha Platform or United States Oil Fund?

Antalpha Platform is bigger by revenue: $79.7M in fiscal 2025, against $320.8K for United States Oil Fund in fiscal 2025.

Which keeps more of its revenue as profit, Antalpha Platform or United States Oil Fund?

Antalpha Platform had a net margin of 30.7% in fiscal 2025; United States Oil Fund had -20,155.1% in fiscal 2025.

Which grew revenue faster, Antalpha Platform or United States Oil Fund?

In their latest fiscal years revenue changed by +67.9% at Antalpha Platform and -99.9% at United States Oil Fund.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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