In fiscal 2025, which ended Dec 31, 2025, United States 12 Month Oil Fund, LP reported revenue of $5.3 million, down 194.0% from the year before. It recorded a net loss of $5.8 million. Over the twelve months ended Jun 30, 2026, revenue was $13.3 million and net income was $12.9 million. Across the 8 fiscal years shown, revenue shrank from $30.2 million in fiscal 2016 to $5.7 million in fiscal 2024, about 21.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
13
+285.3%
|
-5
-194.0%
|
6
+929.5%
|
1
-98.6%
|
39
-58.5%
|
95
-13.9%
|
110
+638.7%
|
15
+407.3%
|
-5
-283.2%
|
3
-91.2%
|
30
+210.2%
|
| Net income |
13
+266.3%
|
-6
-214.0%
|
5
+9046.8%
|
-0
-100.1%
|
38
-58.9%
|
93
-14.1%
|
109
+653.2%
|
14
+362.1%
|
-6
-419.9%
|
2
-94.1%
|
29
+205.1%
|
| Margins | |||||||||||
| Profit margin |
96.55%
|
108.09%
|
89.09%
|
-10.25%
|
97.28%
|
98.30%
|
98.56%
|
96.67%
|
113.37%
|
64.94%
|
97.33%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Commodity Contracts Brokers & Dealers (SIC 6221)
- Listed as
- USL (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Walnut Creek, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1405528
Other Commodity Contracts Brokers & Dealers companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.