US Global Investors Sees 15% AUM Gain, 31% Revenue Growth and $2.6M Profit
Average assets under management rose 15% to $1.63 billion in Q3 2026 while operating revenues jumped 31% to $2.8 million. The company swung to a $2.6 million net profit ($0.23 per share) and has reduced outstanding shares by 20% since 2019, though operating income remained tight at $88,000.
1. Q3 Financial Performance
For the quarter ended March 31, 2026, assets under management climbed 15% to $1.63 billion while operating revenues rose 31% to $2.8 million. The firm delivered net income of $2.6 million, or $0.23 per share, compared with a net loss in the prior-year period, though operating income was modest at $88,000.
2. Shareholder Returns Strategy
The company has reduced its share count by approximately 20% since 2019 through targeted buybacks when share prices were flat or declining. It also maintains a 3.4% dividend yield, boosting total shareholder return when combined with repurchases.
3. Segment Performance and Balance Sheet
Mutual fund redemptions persist even as active ETFs see growth—industry-wide ETF inflows reached $500 billion in 2025. The firm reported an 11% drop in operating expenses from cuts to compensation and advertising, and holds a strong current ratio of 20.9 to 1 backed by high cash and securities levels.