U.S. Global Investors reported fiscal 2026 net income of $3.1 million, or $0.24 per share, with operating revenues rising 21% to $10.3 million, driven by higher assets under management in gold and natural resource funds. The company repurchased 733,848 Class A shares for $2 million during the year, contributing to a total shareholder yield of 7.87%, while the monthly dividend remained unchanged. CEO Frank Holmes highlighted the firm's thematic ETF lineup, including gold, airlines, shipping, and defense, and noted significant income from securities lending in the JETS ETF. CFO Lisa Callicotte reported average AUM of $1.53 billion, an operating loss of $603,000, other income of $4.5 million, and a net book value of $45.1 million with a current ratio of 19.7:1. Management did not provide forward guidance but emphasized continued buybacks and positioning for defense and AI-related spending.
US Global Investors IncFiscal 2026 net income of $3.1M with operating revenues up 21% to $10.3M and $2M of buybacks driving a 7.87% shareholder yield.
