BNO Financials United States Brent Oil Fund, Lp
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | -$4M | — | — | — | -4.1% | — | — | $87M |
| 2024 | — | $11M | — | — | — | 9.2% | — | — | $80M |
| 2023 | — | -$4M | — | — | — | -3.1% | — | — | $79M |
| 2022 | — | $83M | — | — | — | 35.1% | — | — | $99M |
| 2021 | — | $157M | — | — | — | 69.4% | — | — | $153M |
| 2020 | — | $119M | — | — | — | 34.0% | — | — | $312M |
| 2019 | — | $27M | — | — | — | 31.5% | — | — | $73M |
| 2018 | — | -$15M | — | — | — | -20.6% | — | — | $63M |
| 2017 | — | $15M | — | — | — | 15.7% | — | — | $78M |
| 2016 | — | $37M | — | — | — | 32.5% | — | — | $103M |
| 2015 | — | -$44M | — | — | — | -52.8% | — | — | $68M |
| 2014 | -$26M | -$26M | 0.0% | 0.0% | — | -63.6% | — | — | $36M |
| 2013 | $3M | $2M | 0.0% | 0.0% | — | 7.9% | — | — | $25M |
| 2012 | $5M | $4M | 0.0% | 0.0% | — | 9.7% | — | — | $40M |
| 2011 | $7M | $6M | 0.0% | 0.0% | — | 17.2% | — | — | $30M |
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | -$209M | — | — | — | -38.3% | — | — | $394M |
| Mar '26 | — | $166M | — | — | — | 17.5% | — | — | $871M |
| Dec '25 | -$5M | -$5M | 0.0% | 0.0% | — | -5.5% | — | — | $87M |
| Sep '25 | $3M | $3M | 0.0% | 0.0% | — | 2.6% | — | — | $84M |
| Jun '25 | -$6M | -$6M | 0.0% | 0.0% | — | -6.0% | — | — | $82M |
| Mar '25 | $5M | $5M | 0.0% | 0.0% | — | 5.0% | — | — | $62M |
| Dec '24 | $13M | $12M | 0.0% | 0.0% | — | 10.7% | — | — | $80M |
| Sep '24 | -$22M | -$22M | 0.0% | 0.0% | — | -10.4% | — | — | $182M |
| Jun '24 | $1M | $632665 | 0.0% | 0.0% | — | 0.5% | — | — | $92M |
| Mar '24 | $21M | $20M | 0.0% | 0.0% | — | 15.0% | — | — | $93M |
| Dec '23 | -$23M | -$23M | 0.0% | 0.0% | — | -17.6% | — | — | $79M |
| Sep '23 | $39M | $39M | 0.0% | 0.0% | — | 22.6% | — | — | $118M |
| Jun '23 | -$5M | -$6M | 0.0% | 0.0% | — | -3.4% | — | — | $95M |
| Mar '23 | -$14M | -$14M | 0.0% | 0.0% | — | -5.8% | — | — | $117M |
| Dec '22 | $4M | $4M | 0.0% | 0.0% | — | 1.5% | — | — | $99M |
| Sep '22 | -$39M | -$39M | 0.0% | 0.0% | — | -19.7% | — | — | $75M |
| Jun '22 | $29M | $28M | 0.0% | 0.0% | — | 10.2% | — | — | $134M |
| Mar '22 | $91M | $90M | 0.0% | 0.0% | — | 31.3% | — | — | $214M |
| Dec '21 | $2M | $1M | 0.0% | 0.0% | — | 0.5% | — | — | $153M |
| Sep '21 | $18M | $17M | 0.0% | 0.0% | — | 6.8% | — | — | $174M |
Frequently asked questions
Is BNO growing its revenue and profit?
See the revenue and net-income charts above for United States Brent Oil Fund, Lp's multi-year trend.
How much debt does BNO have?
As of FY2025, United States Brent Oil Fund, Lp reported — of total debt against $87M of cash.
What is BNO's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.