U.s. Global Investors (GROW)
NASDAQ:GROW
Want to see GROW full AI Analyst Report?
Earnings Data
Report Date
Sep 16, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operating and financial inflection: AUM and revenues grew materially (AUM +15%, revenue +31% YoY), operating expenses declined (-11%), net income swung from a loss to a $2.6–$2.7 million profit, and several ETFs and strategic investments showed strong performance (GOAU +300% since launch; WAR +50% YoY; Investec Series investment up ~7x). Management highlighted disciplined buybacks (176,592 shares bought for ~$534k this quarter; ~20% fewer shares since 2019) and a healthy balance sheet (net working capital $36.2M; current ratio 20.9:1). Notable risks include quarter-to-quarter GAAP volatility, modest operating income ($88k), dependence on cyclical thematic assets and speculative/illiquid investments, structural industry shifts from mutual funds to ETFs, and concentrated voting control by the CEO. Overall, the positives around growth, cost control and strong product performance outweigh the outlined risks.Company Guidance
AUM Growth
Average assets under management were $1.63 billion for the quarter ended March 31, 2026, a 15% increase versus the same quarter a year ago.
Revenue and Profitability Improvement
Operating revenues were $2.8 million for the quarter, up ~31% year-over-year. Quarterly net income was $2.6–$2.7 million (reported as $0.23 per share), a favorable change of approximately $3.1 million from a net loss of $382,000 in the prior-year quarter.
Operating Expense Reduction
Operating expenses decreased by $322,000 (11%) year-over-year, driven by an 11% ($143,000) reduction in employee compensation and a 57% ($138,000) decline in advertising expense (reflecting elevated prior-year launch costs).
Improved Operating Income and Other Income Gains
Operating income improved to $88,000 this quarter from a loss of $893,000 in the prior-year quarter. Other income rose by ~$1.1 million, primarily from net unrealized gains in equity securities (including a $1.9 million unrealized gain on the Investec Series investment).
Share Repurchases and Shareholder Yield
For the quarter ended March 31 the company repurchased 176,592 Class A shares for approximately $534,000. Since December 2019, shares outstanding have been reduced by ~20%. Monthly dividend of $0.0075 implies a cash dividend yield of ~3.4%; combined with buybacks, management cites a total shareholder yield of ~9.96%.
Strong Balance Sheet and Liquidity Metrics
Company reported high levels of cash and securities, total liabilities of $2.9 million, net working capital of $36.2 million and a current ratio of 20.9:1, indicating strong short-term liquidity.
Notable Product and Market Performance
Key ETFs and products showed strong performance: GOAU up ~300% since launch; WAR up over 50% in the past 12 months; SEA outperformed the S&P (more than double in the past year); JETS continues to outperform the NYSE Global Airline Index. Expansion of listings in Latin America was also highlighted.
Strategic and Tactical Positioning
Company emphasizes a 'quantamental' Smart Beta 2.0 approach, thematic positioning in gold, defense/AI, airlines and shipping, and strategic investments (e.g., HIVE launch and an Investec Series stake now estimated up ~7x) to maintain informational advantage and future growth exposure.
GROW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GROW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $2.55 | $2.59 | +1.57% |
Feb 20, 2026 | $3.14 | $3.23 | +2.83% |
Nov 12, 2025 | $2.32 | $2.34 | +0.86% |
Sep 08, 2025 | $2.40 | $2.34 | -2.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does U.s. Global Investors (GROW) report earnings?
U.s. Global Investors (GROW) is schdueled to report earning on Sep 16, 2026, TBA (Confirmed).
What is U.s. Global Investors (GROW) earnings time?
U.s. Global Investors (GROW) earnings time is at Sep 16, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GROW EPS forecast?
Currently, no data Available