# United States Brent Oil Fund, LP: overview BNO · NYSE · CIK 1472494 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/bno.md) · [Financials](/companies/bno/financials.md) · [Filings](/companies/bno/filings.md) · [Insiders](/companies/bno/insiders.md) Latest reported revenue: [−$5.2m](/filings/0001104659-26-021521.md) for Q4 FY2025, three months to 2025-12-31, from the 10-K filed Feb 27, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-021521). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [(22.0)](/filings/0001104659-26-021521.md) | [12.7](/filings/0001104659-26-021521.md) | [5.2](/filings/0001104659-26-021521.md) | [(6.0)](/filings/0001104659-26-021521.md) | [3.0](/filings/0001104659-26-021521.md) | [(5.2)](/filings/0001104659-26-021521.md) | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Net margin | % | [102.2%](/filings/0001104659-26-021521.md) | [96.7%](/filings/0001104659-26-021521.md) | [94.4%](/filings/0001104659-26-057778.md) | [104.0%](/filings/0001104659-26-092631.md) | [89.6%](/filings/0001104659-26-021521.md) | [105.2%](/filings/0001104659-26-021521.md) | not reported | not reported | | Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL Revenue: us-gaap:Revenues. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. - Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. - Diluted EPS. XBRL not reported. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $ | not reported | not reported | not reported | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | | Net margin | % | not reported | not reported | not reported | not reported | not reported | | Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | | Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL not reported. - Gross margin (gross profit / revenue). XBRL not reported. - Operating margin (operating income / revenue). XBRL not reported. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. - Diluted EPS. XBRL not reported. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bno/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [CARRONADE CAPITAL MANAGEMENT, LP](/funds/1866872.md) | 2026-06-30 | $54.9m | 1,350,365 | | New +1,350,365 | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $42.8m | 1,051,974 | | Added +659,587 | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $40.1m | 985,900 | Put | Added +667,800 | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $33.7m | 827,900 | Call | Added +205,800 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $28.5m | 699,300 | Call | Reduced −653,700 | | [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $26.1m | 640,500 | Call | Added +449,700 | | [PLUSTICK MANAGEMENT LLC](/funds/1643351.md) | 2026-06-30 | $18.3m | 450,000 | Call | New +450,000 | | [E Fund Management Co., Ltd.](/funds/1842296.md) | 2026-06-30 | $11.9m | 293,412 | | Unchanged | | [Quadrature Capital Ltd](/funds/1651424.md) | 2026-06-30 | $11.3m | 276,844 | | Added +122,758 | | [CIBC Bancorp USA Inc.](/funds/1711924.md) | 2026-06-30 | $9.2m | 225,000 | | New +225,000 | ## Recent filings [All 438 filings](/companies/bno/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-30 | 11:21 ET | [8-K](/filings/0001104659-26-120523.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-120523 | | 2026-09-29 | 12:40 ET | [8-K](/filings/0001104659-26-111782.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-111782 | | 2026-09-25 | 17:27 ET | [8-K](/filings/0002071876-26-000217.md) | 1.01 Entry into a material agreement | 0002071876-26-000217 | | 2026-08-28 | 08:27 ET | [8-K](/filings/0001104659-26-102791.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-102791 | | 2026-08-07 | 14:59 ET | [10-Q](/filings/0001104659-26-092631.md) | Quarterly report, period 2026-06-30 | 0001104659-26-092631 | | 2026-07-29 | 08:36 ET | [8-K](/filings/0001104659-26-087862.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-087862 | | 2026-06-29 | 08:22 ET | [8-K](/filings/0001104659-26-078528.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-078528 | | 2026-05-28 | 08:31 ET | [8-K](/filings/0001104659-26-067267.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-067267 | | 2026-05-08 | 14:00 ET | [10-Q](/filings/0001104659-26-057778.md) | Quarterly report, period 2026-03-31 | 0001104659-26-057778 | | 2026-04-29 | 08:30 ET | [8-K](/filings/0001104659-26-050938.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-050938 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-021521.md), filed Feb 27, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1472494 - Tickers: BNO - Exchange: NYSE - SIC code: 6221 Commodity Contracts Brokers & Dealers - State of incorporation: DE - Filer category: Accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:22 ET. No prices; not investment advice.