---
schema_version: "secwatch.filing_event.v1"
accession: "0002071876-26-000066"
form_type: "8-K"
ticker: "UGA"
cik: "0001396878"
company_name: "United States Gasoline Fund, LP"
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:35:11.452126+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UGA posts net loss of $3.9M for FY2025 vs net income of $5.6M in FY2024

## Summary
- Net loss of $3,921,792 ($1.17 per share) for year ended Dec 31, 2025; net income of $5,636,231 ($2.30 per share) in 2024.
- Total income (loss) of ($3,091,508) driven by realized and unrealized losses on NYMEX RBOB gasoline futures.
- Net asset value per share fell to $61.77 from $62.94; shares outstanding decreased to 1,250,000 from 1,600,000.
- Expenses declined to $830,284 from $1,022,806, but the fund's trading losses swung results to negative.
- Portfolio consisted of 1,072 NYMEX RBOB Feb 2026 futures contracts with notional value of $76.5M.

## SEC filing metadata
- accession: 0002071876-26-000066
- form_type: 8-K
- ticker: UGA
- cik: 0001396878
- company_name: United States Gasoline Fund, LP
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396878/000207187626000066/0002071876-26-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396878/000207187626000066/i26128_uga-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002071876-26-000066
- JSON: https://secwatch.observer/filing/0002071876-26-000066.json
- Plain text: https://secwatch.observer/filing/0002071876-26-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.