Earnings Releases·Nov 12, 2026, 4:18 PM ET

U.S. Global Investors — Q1 Fiscal 2027 Earnings Summary

Operating revenues rose 18% year-over-year to $2.7 million, and the company returned to operating profitability with $55,000 in operating income, reversing a $515,000 loss from the prior year period.
Net income decreased to $171,000 ($0.01 per share) from $1.507 million ($0.12 per share) in the prior year, driven by a significant decline in other income, while assets under management grew 14% to $1.6 billion.
Strategic growth was led by Gold and Precious Metals strategies (up 45% to $547.6 million), with the WAR ETF up 17% and the SEA ETF up 81% year-over-year.
The Board approved a monthly dividend of $0.0075 per share for October through December 2026, and the company repurchased 105,457 shares under its $5 million annual authorization.
Management maintains a cautiously optimistic outlook for Q4 based on strong manufacturing PMI data and historical seasonal trends, while noting risks from currency fluctuations, geopolitical conflicts, and sector-specific volatility.