U.S. Global Investors Reports $3.1 Million Net Income and 21.3% Revenue Growth for Fiscal Year Ending June 30, 2026

U.S. Global Investors, Inc. reported a significant turnaround in its financial performance for the fiscal year ending June 30, 2026, achieving a net income of $3.1 million, or $0.24 per share, compared to a net loss of $334,000, or $(0.03) per share, in the previous fiscal year. This improvement was primarily driven by a 21.3% increase in total operating revenues, which rose to $10.3 million from $8.5 million in 2025. The increase in revenues was largely attributed to higher advisory fees from the U.S. Global Investors Funds (USGIF) and exchange-traded funds (ETFs), particularly those focused on gold and natural resources, which saw a notable rise in assets under management (AUM).

As of June 30, 2026, U.S. Global's total AUM reached $1.7 billion, marking a 26.3% increase from $1.3 billion in the prior year. This growth was driven by strong market performance and increased investor interest in the company's travel and natural resources-focused products. The USGIF's AUM increased by 33.4% to $467.5 million, while the AUM for U.S.-based ETFs rose by 24.1% to $1.2 billion. Average AUM for the fiscal year was $1.5 billion, up from $1.4 billion in 2025.

Strategically, U.S. Global has focused on enhancing its investment management services and expanding its product offerings. The company has successfully renewed advisory agreements with its ETF clients through 2027 and anticipates continued growth in its travel-focused ETFs, which have benefited from a resurgence in the travel and tourism sector. Additionally, the company has maintained a disciplined approach to managing expenses, resulting in a 5.1% decrease in total operating expenses compared to the previous year.

Operationally, U.S. Global employed 21 full-time employees as of June 30, 2026, and has implemented a compensation program designed to attract and retain qualified personnel. The company continues to face competitive pressures in the investment management industry, with approximately 8,000 registered open-end investment companies and 4,800 ETFs competing for market share. Despite these challenges, U.S. Global remains committed to leveraging its expertise in gold mining, natural resources, and travel sectors to capture growth opportunities.

Looking ahead, U.S. Global's management is optimistic about the company's prospects, citing a favorable market environment and a strong demand for its specialized investment strategies. The company plans to continue focusing on growing its AUM through differentiated investment strategies and expanding distribution opportunities while prudently managing market and geopolitical risks. However, management also acknowledges the potential impact of regulatory changes and market volatility on its operations and financial performance.