# United States Oil Fund, LP: overview

USO · NYSE · CIK 1327068 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/uso.md) · [Financials](/companies/uso/financials.md) · [Filings](/companies/uso/filings.md) · [Insiders](/companies/uso/insiders.md)

Latest reported revenue: [−$362.0m](/filings/0001104659-26-092623.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-092623).

## 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 | [(133)](/filings/0001104659-26-021501.md) | [98.9](/filings/0001104659-26-021501.md) | [42.4](/filings/0001104659-26-057764.md) | [(70.8)](/filings/0001104659-26-092623.md) | [25.6](/filings/0001104659-26-021501.md) | [(53.3)](/filings/0001104659-26-021501.md) | [986](/filings/0001104659-26-057764.md) | [(362)](/filings/0001104659-26-092623.md) |
| 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 | % | [102.0%](/filings/0001104659-26-021501.md) | [97.4%](/filings/0001104659-26-021501.md) | [95.0%](/filings/0001104659-26-057764.md) | [103.0%](/filings/0001104659-26-092623.md) | [91.8%](/filings/0001104659-26-021501.md) | [104.0%](/filings/0001104659-26-021501.md) | [99.7%](/filings/0001104659-26-057764.md) | [101.0%](/filings/0001104659-26-092623.md) |
| 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 | $m | [1,626](/filings/0001410578-24-000108.md) | [801](/filings/0001410578-25-000228.md) | [(34.9)](/filings/0001104659-26-021501.md) | [232](/filings/0001104659-26-021501.md) | [(56.2)](/filings/0001104659-26-021501.md) |
| 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 | % | [98.5%](/filings/0001410578-24-000108.md) | [98.1%](/filings/0001410578-25-000228.md) | [131.9%](/filings/0001104659-26-021501.md) | [95.3%](/filings/0001104659-26-021501.md) | [115.0%](/filings/0001104659-26-021501.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | 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.

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/uso/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 |
| --- | --- | ---: | ---: | --- | --- |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $2.06bn | 19,311,800 | Put | Added +7,701,300 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $1.64bn | 15,446,800 | Call | Reduced −1,047,100 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $777.9m | 7,307,900 | Call | Reduced −428,900 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $741.5m | 6,966,000 | Call | Added +2,002,500 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $715.4m | 6,721,000 | Put | Reduced −3,876,400 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $710.0m | 6,670,175 |  | Added +266,748 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $660.5m | 6,205,300 | Put | Reduced −2,823,500 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $379.6m | 3,566,300 | Call | Added +142,600 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $364.5m | 3,424,493 |  | Added +1,218,912 |
| [CITIGROUP INC](/funds/831001.md) | 2026-06-30 | $186.0m | 1,747,900 | Put | Reduced −252,100 |

## Recent filings

[All 516 filings](/companies/uso/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-29 | 12:33 ET | [8-K](/filings/0001104659-26-111777.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-111777 |
| 2026-09-25 | 17:27 ET | [8-K](/filings/0002071876-26-000219.md) | 1.01 Entry into a material agreement | 0002071876-26-000219 |
| 2026-08-28 | 08:25 ET | [8-K](/filings/0001104659-26-102786.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-102786 |
| 2026-08-07 | 14:49 ET | [10-Q](/filings/0001104659-26-092623.md) | Quarterly report, period 2026-06-30 | 0001104659-26-092623 |
| 2026-07-29 | 08:32 ET | [8-K](/filings/0001104659-26-087855.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-087855 |
| 2026-06-29 | 08:16 ET | [8-K](/filings/0001104659-26-078516.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-078516 |
| 2026-05-28 | 08:26 ET | [8-K](/filings/0001104659-26-067258.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-067258 |
| 2026-05-08 | 13:47 ET | [10-Q](/filings/0001104659-26-057764.md) | Quarterly report, period 2026-03-31 | 0001104659-26-057764 |
| 2026-04-29 | 08:27 ET | [8-K](/filings/0001104659-26-050930.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-050930 |
| 2026-03-27 | 09:53 ET | [8-K](/filings/0002071876-26-000071.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002071876-26-000071 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-021501.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/8b003e2c-e332-46e4-86c7-42a12f0c5b04)

## About the filer

- CIK: 1327068
- Tickers: USO
- Exchange: NYSE
- SIC code: 6221 Commodity Contracts Brokers & Dealers
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 11:20 ET. No prices; not investment advice.