UNG · XBRL financial data
United States Natural Gas Fund financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (UNG's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Jan 23, 2024 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | (197,368) | 22,148 | 80,017 | — | — | — |
| Total operating expenses | 5,448 | 3,748 | 4,987 | — | — | — |
| Net income (loss) | (202,816) | 18,400 | 75,029 | — | 65,146 | 34,229 |
- † Share count changed about 8x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (UNG's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Jan 23, 2024 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 342,943 | 248,405 | 317,869 | — | 593,539 | 438,463 |
| Total assets | 426,160 | 377,056 | 430,676 | — | 790,024 | 579,490 |
| Total deposits | 419,340 | 132,227 | — | — | — | — |
| Total liabilities | 11,563 | 5,522 | 1,337 | — | 46,189 | 28,850 |
| Total liabilities and equity | 426,160 | 377,056 | 430,676 | — | 790,024 | 579,490 |
| Common shares outstanding (cover page) thousands of shares | 34,485 | 19,385 | 154,685 | 54,846 | 24,146 | 35,546 |
- † Share count changed about 8x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (UNG's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Jan 23, 2024 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (202,816) | 18,400 | 75,029 | — | 65,146 | 34,229 |
| Net cash from operating activities | (208,647) | 7,177 | 215,536 | — | 47,539 | 127,148 |
| Net cash from financing activities | 190,131 | (71,989) | (31,714) | — | (299,237) | (227,424) |
| Net change in cash | (18,516) | (64,812) | 183,821 | — | (251,698) | (100,276) |
- † Share count changed about 8x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 6221 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6221 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| United States Natural Gas Fund | 287,602 | not reported | (9,352)* | 47.5M | 30.8 quarters | 10-QJun 30, 2026 |
| Franklin Templeton Holdings Trust | 0 | not reported | 0 | 7.8M | — | 10-QJun 30, 2026 |
| United States Commodity Index Funds Trust | 574,635 | not reported | 65,606 | not reported | — | 10-QMar 31, 2022 |
| Grayscale CoinDesk Crypto 5 ETF | 0 | not reported | not reported | 15.9M | — | 10-KJun 30, 2025 |
| abrdn Palladium ETF Trust | not reported | not reported | not reported | 27.1M | — | 10-QJun 30, 2026 |
| Invesco CurrencyShares Swiss Franc Trust | 432,070 | 0 | (717)* | 4.0M | 602.7 quarters | 10-QJun 30, 2026 |
| Teucrium Commodity Trust | 533,029 | not reported | not reported | not reported | — | 10-QJun 30, 2026 |
| iShares S&P GSCI Commodity-Indexed Trust | not reported | not reported | 68,652* | 28.9M | — | 10-QJun 30, 2026 |
| Invesco Galaxy Bitcoin ETF | 0 | not reported | 85,283* | 5.4M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.