U S GLOBAL INVESTORS (GROW) earnings
U S GLOBAL INVESTORS earnings: last reported Fri, 4 Sep 2026, for the quarter ended Jun 2026.
U S GLOBAL INVESTORS earnings callsU S GLOBAL INVESTORS earnings calls (GROW)
U.S. Global Investors FY26 Annual Results — Strong Revenue Growth and Shareholder Returns
What went well
- Operating revenues increased by $1.8 million or 21% to $10.3 million in FY26.
- Net income after taxes was $3.1 million or $0.24 per share, a favorable change of $3.4 million compared to a loss in FY25.
- Company repurchased 733,848 Class A shares using $2 million in cash during FY26.
What to watch
- Operating loss for FY26 was $603,000, despite a favorable change from prior year.
- Management believes the company's stock is "deeply underbid," leading to significant share buybacks.
Performance +4.7% 1Y
1Y: $2.75 on 29 Sept 2025 → $2.88. High $3.6 (29 Jan 2026), low $2.26 (19 Nov 2025).
Quarterly results
Q2 FY26: revenue up 57.9%, net profit down 56.4% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 4 | 2 +4% | 3 +13% | 3 +31% | 7 +58% |
| EBITDA | -1 | -1 | -1 | -1 | -1 +8% | -0 +84% | 0 +110% | -0 +91% |
| Net profit | 0 | -0 | -0 | -0 | 2 +378% | -1 −884% | 3 +801% | -0 −56% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|
| Reserves | $33.83M | $35.92M | $37.57M | $37.46M | $35.94M | $37.87M |
| Total liabilities | $7.95M | $4.58M | $3.65M | $2.96M | $2.86M | $2.90M |
| Fixed assets | $1.38M | $1.37M | $1.14M | $1.15M | $1.10M | $1.12M |
| Investments | $6.32M | $12.14M | $11.64M | $9.64M | $9.69M | $8.87M |
| Total assets | $62.28M | $58.36M | $55.67M | $51.96M | $48.06M | $48.03M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
44 filings between Oct 31, 2025 and Aug 31, 2026.
Open market
decisions to buy or sellPurchases
$304.7K
22 purchases by 2 insiders
Sales
None
No insider sold shares.
Also filed: 22 other filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Gator Capital Management, LLC | $152.3K | — | Jun 3, 2026 |
| Pilecki Derek Steven | $152.3K | — | Jun 3, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 31, 2026 | Callicotte Lisa CFO | Other | 289 | $945 |
| Aug 31, 2026 | HOLMES FRANK E CEO/CIO | Other | 729 | $2.4K |
| Jul 31, 2026 | Callicotte Lisa CFO | Other | 331 | $947 |
| Jul 31, 2026 | HOLMES FRANK E CEO/CIO | Other | 835 | $2.4K |
| Jun 30, 2026 | Callicotte Lisa CFO | Other | 303 | $945 |
| Jun 30, 2026 | HOLMES FRANK E CEO/CIO | Other | 764 | $2.4K |
| Jun 3, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 330 | $858 |
| Jun 3, 2026 | Pilecki Derek Steven Insider | Purchase | 330 | $858 |
| Jun 2, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 20,496 | $53.2K |
| Jun 2, 2026 | Pilecki Derek Steven Insider | Purchase | 20,496 | $53.2K |
| May 29, 2026 | HOLMES FRANK E CEO/CIO | Other | 904 | $2.4K |
| May 29, 2026 | Callicotte Lisa CFO | Other | 359 | $948 |
| May 28, 2026 | Pilecki Derek Steven Insider | Purchase | 1,376 | $3.6K |
| May 28, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 1,376 | $3.6K |
| May 21, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 23,910 | $60.9K |
| May 21, 2026 | Pilecki Derek Steven Insider | Purchase | 23,910 | $60.9K |
| May 13, 2026 | Pilecki Derek Steven Insider | Purchase | 3,601 | $9.2K |
| May 13, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 3,601 | $9.2K |
| May 12, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 404 | $1.0K |
| May 12, 2026 | Pilecki Derek Steven Insider | Purchase | 404 | $1.0K |
| May 11, 2026 | Pilecki Derek Steven Insider | Purchase | 5,354 | $14.0K |
| May 11, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 5,354 | $14.0K |
| May 8, 2026 | Pilecki Derek Steven Insider | Purchase | 208 | $545 |
| May 8, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 208 | $545 |
| May 7, 2026 | Pilecki Derek Steven Insider | Purchase | 2,976 | $7.8K |
| May 7, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 2,976 | $7.8K |
| May 6, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 259 | $676 |
| May 6, 2026 | Pilecki Derek Steven Insider | Purchase | 259 | $676 |
| May 1, 2026 | Pilecki Derek Steven Insider | Purchase | 205 | $539 |
| May 1, 2026 | Gator Capital Management, LLC 10% owner | Purchase | 205 | $539 |
| Apr 30, 2026 | HOLMES FRANK E CEO/CIO | Other | 907 | $2.4K |
| Apr 30, 2026 | Callicotte Lisa CFO | Other | 359 | $944 |
| Mar 31, 2026 | HOLMES FRANK E CEO/CIO | Other | 963 | $2.4K |
| Mar 31, 2026 | Callicotte Lisa CFO | Other | 382 | $947 |
| Feb 27, 2026 | Callicotte Lisa CFO | Other | 284 | $946 |
| Feb 27, 2026 | HOLMES FRANK E CEO/CIO | Other | 716 | $2.4K |
| Jan 30, 2026 | HOLMES FRANK E CEO/CIO | Other | 719 | $2.4K |
| Jan 30, 2026 | Callicotte Lisa CFO | Other | 285 | $946 |
| Dec 31, 2025 | HOLMES FRANK E CEO/CIO | Other | 990 | $2.4K |
| Dec 31, 2025 | Callicotte Lisa CFO | Other | 392 | $945 |
| Nov 28, 2025 | HOLMES FRANK E CEO/CIO | Other | 977 | $2.4K |
| Nov 28, 2025 | Callicotte Lisa CFO | Other | 388 | $947 |
| Oct 31, 2025 | HOLMES FRANK E CEO/CIO | Other | 959 | $2.4K |
| Oct 31, 2025 | Callicotte Lisa CFO | Other | 380 | $946 |
| Sep 30, 2025 | Callicotte Lisa CFO | Other | 344 | $946 |
| Sep 30, 2025 | HOLMES FRANK E CEO/CIO | Other | 867 | $2.4K |
| Aug 29, 2025 | Callicotte Lisa CFO | Other | 388 | $947 |
| Aug 29, 2025 | HOLMES FRANK E CEO/CIO | Other | 978 | $2.4K |
| Jul 31, 2025 | HOLMES FRANK E CEO/CIO | Other | 999 | $2.4K |
| Jul 31, 2025 | Callicotte Lisa CFO | Other | 395 | $944 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.