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U.S. Global Investors, Inc.

GROW Financial Asset Management

U.S. Global Investors, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $10.3 million, up 21.3% from fiscal 2025. In the quarter to June 2026, revenue grew 39.1%, EPS fell 78.9%, free cash flow grew 1,453.3% and total debt rose 60.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

2.72 0.00 0.00%
Market cap
$33.5M
P/E
10.5×
Fwd P/E
6.2×
Dividend yield
3.86%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.30
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 2 2 — — — —
Sell — — — — — — — — — — — —
Insider Ownership 24.65%

Capital & Financial Ratios $m

Market Cap 33.45
Revenue 10.25
Net Income 3.06
Free Cash Flow 0.68
Net Debt (25.21)
Current Ratio 19.71
Debt/Equity 0.00
P/E ratio 10.54
Fwd P/E 6.16
P/S ratio 3.36
P/B ratio 0.76
Past 5Y EPS Growth (35.32%) (below 0%: weak)
This Y EPS Growth (58.10%) (below 0%: weak)
Next Y EPS Growth —
Next Y revenue growth 1,087.60% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 25.96%
10-year low 10-year high
P/S against its own 10 years 35.27%
10-year low 10-year high
P/B against its own 10 years 21.78%
10-year low 10-year high

Dividends

Payout Ratio 0.41
Annual Dividend Rate 0.11
Annual Dividend Yield 3.86%
total individual payouts
2026 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2025 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2024 0.11
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2023 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2022 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2021 0.06
0.00
0.00
0.00
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2020 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2019 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2018 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2017 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2016 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 26 28 26 25
Receivables 2 2 3 2
Inventory 12 10 10 10
Other — — — —
40 40 39 38
2023 2024 2025 2026
Payables 0 0 0 0
ST’ Debt — — — —
Other — — — —
3 2 2 2

Compound Annual Growth %

10y 5y 3y
Sales 6.41% (13.89%) (12.06%)
Cash Flow (13.13%) (31.06%) (36.59%)
Earnings 0.00% (37.47%) (1.01%)
Book Value 6.07% (3.64%) (4.62%)

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 2 3 3 3 10
’25 2 2 2 2 8
’24 3 3 3 2 11
’23 4 4 4 3 15
’22 7 7 6 5 25
’21 3 5 6 7 22
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 0 0 0 0 1
’25 0 0 0 0 (1)
’24 1 0 0 0 1
’23 1 0 2 0 3
’22 2 3 4 1 11
’21 1 0 1 3 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 0 0 0 0 1
’25 0 0 0 0 (1)
’24 1 0 0 0 1
’23 1 0 2 0 3
’22 2 3 4 1 10
’21 1 0 1 3 5
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.12 (0.07) 0.23 (0.02) 0.24
’25 0.02 (0.01) (0.03) (0.01) (0.03)
’24 (0.01) 0.09 0.00 0.02 0.09
’23 0.00 0.06 0.11 0.04 0.22
’22 0.16 0.24 (0.06) (0.11) 0.23
’21 0.13 1.10 0.57 0.32 2.12
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 1.25 0.92 1.03 0.80 4.13 2.53 2.41 2.38 2.02 2.42

Analyst estimates 2027–2029

Powerpack
High 7.49 5.41 2.29 5.66 12.89 6.37 3.30 2.95 2.78 3.65
People
People Employees 26 25 24 23 23 22 24 26 24 21
Revenue/emp, $m 0.26 0.25 0.14 0.19 0.94 1.12 0.63 0.42 0.35 0.49
Income, $m
Income, $m Revenue 7 6 3 4 22 25 15 11 8 10
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT (1) 1 (4) (5) 37 5 4 2 0 4
EBT margin, % (7.79) 14.15 (123.42) (103.64) 172.89 20.10 27.09 17.43 (3.10) 37.89
Net income (1) 1 (3) (5) 32 3 3 1 0 3
Depreciation 0 0 0 0 0 0 0 0 0 0
Per share, $
Per share, $ Revenue 0.44 0.41 0.23 0.30 1.44 1.65 1.03 0.77 0.63 0.81
Earnings (0.03) 0.04 (0.22) (0.31) 2.12 0.23 0.22 0.09 (0.03) 0.24
Cash flow 0.05 0.00 (0.07) (0.13) 0.32 0.70 0.20 0.07 (0.06) 0.06
Capex 0.00 0.00 0.00 0.00 0.00 (0.01) 0.00 (0.01) 0.00 0.00
Free cash flow 0.05 0.00 (0.07) (0.13) 0.31 0.69 0.20 0.05 (0.06) 0.05
Book value 1.60 1.72 1.47 1.11 3.61 3.58 3.55 3.46 3.39 3.56
Shares, m 15 15 15 15 15 15 15 14 13 13
Valuation, ×
Valuation, × P/E 0.00 45.25 0.00 0.00 2.92 19.43 14.33 26.67 0.00 12.09
P/S 3.42 4.38 7.05 6.41 4.31 2.68 2.97 3.36 4.10 3.86
P/B 0.95 1.05 1.10 1.71 1.72 1.23 0.86 0.75 0.77 0.88
EV/Sales 2.69 3.21 6.33 5.76 3.59 1.74 1.22 0.77 1.09 1.40
EV/FCF 26.83 (427.06) (20.11) (13.12) 16.58 4.18 6.36 10.92 (10.68) 21.05
Cash, $m
Cash, $m Operating cash flow 1 0 (1) (2) 5 11 3 1 (1) 1
Capex — — — — 0 0 0 0 0 0
Free cash flow 1 0 (1) (2) 5 10 3 1 (1) 1
Balance, $m
Balance, $m Working capital 16 15 12 9 22 34 37 38 37 36
Total debt — — — 0 0 0 0 0 0 0
Net debt (5) (7) (2) (3) (15) (23) (26) (28) (25) (25)
Shareholders’ equity 24 26 22 17 54 54 52 49 45 45
Returns, %
Returns, % ROA (1.98) 2.38 (12.86) (22.01) 78.83 5.70 5.52 2.48 (0.67) 6.36
ROIC (2.81) (7.65) (8.75) (10.85) 13.12 22.74 8.59 (1.46) (9.46) (1.89)
ROE (2.08) 2.57 (14.05) (24.06) 89.92 6.36 5.95 2.64 (0.71) 6.76
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

U.S. Global Investors, Inc. vs peers in Asset Management (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SDEV Stablecoin Development Corporation $52.8M 0.1× — (loss-making) −2,083.90% (below 0%: shrinking) n/m −136.33% (below 0%: shrinking) 100.00% 111.19% Compare
TGE The Generation Essentials Group $40.3M — — — — — — — Compare
RMCO Royalty Management Holding Corporation $35.8M — (loss-making) — +38.02% (above 0%: growing) n/m −450.54% (below 0%: shrinking) 8.35% (4.95%) Compare
MLCI Mount Logan Capital Inc. $35.5M — (loss-making) — −48.94% (below 0%: shrinking) n/m −1,001.65% (below 0%: shrinking) 100.00% (17.13%) Compare
GROW U.S. Global Investors, Inc. $33.5M 10.5× 6.2× +39.11% (above 0%: growing) n/m +1,453.33% (above 0%: growing) 100.00% (3.23%)
RAND Rand Capital Corporation $28.4M — (loss-making) 12.2× −12.98% (below 0%: shrinking) n/m −1,146.76% (below 0%: shrinking) 100.00% 58.77% Compare
FGC FG Communities Holdings Inc. $26.7M — (loss-making) — (loss-making) +16.91% (above 0%: growing) n/m +3,942.85% (above 0%: growing) 100.00% (886.36%) Compare
INV Innventure, Inc. $25.6M — (loss-making) — +100.21% (above 0%: growing) n/m −16.26% (below 0%: shrinking) (432.32%) (3,304.09%) Compare
AMTD AMTD IDEA Group $24.1M 0.5× — (loss-making) +90.59% (above 0%: growing) −31.02% (below 0%: shrinking) — 0.00% 0.00% Compare
Median of peers $31.9M — — +16.91% — −293.43% 100.00% (4.95%)

All 120 Asset Management stocks →

U.S. Global Investors, Inc. (GROW) key facts

  • Strength: U.S. Global Investors, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $10.3 million, up 21.3% from fiscal 2025.
  • U.S. Global Investors, Inc. (GROW) is an Asset Management company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, GROW traded at $2.72, a market capitalization of $33.5 million.
  • U.S. Global Investors, Inc. pays an annual dividend of $0.11 per share, a yield of 3.86%, with a payout ratio of 40.7%.
  • Return on equity was 6.76% and debt-to-equity 0.00.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

U.S. Global Investors, Inc. (GROW) Latest News

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stockrow.com/GROW · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com