U.S. Gold Corp. (USAU) Income Statement
USAU FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsUSAU revenue and net income
USAU profit margins
USAU growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
USAU quarterly EPS vs estimates
U.S. Gold beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: December 9, 2026 (estimate $-0.42).
USAU income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.0M | $0 | $17.4M |
| Cost of revenue | — | $120,639 | $1.4M | $1.8M | $96,889 | $40,363 | $21,204 | $13,817 | $0 | $14.5M |
| Gross profit | — | −$120,639 | −$1.4M | −$1.8M | −$96,889 | −$40,363 | −$21,204 | $2.0M | $0 | $2.9M |
| Research & development | — | — | — | — | — | $4.0M | — | — | $0 | $0 |
| Sales, general & admin | $12.0M | $6.7M | $4.4M | $7.6M | $7.7M | $8.4M | $4.4M | $5.0M | $5.8M | $4.7M |
| Total operating expenses | $19.0M | $12.9M | $5.8M | $7.6M | $15.0M | $12.4M | $5.7M | $7.6M | $8.3M | $4.7M |
| Operating income | −$19.0M | −$13.0M | −$7.3M | −$9.4M | −$15.0M | −$12.4M | −$5.7M | −$7.6M | −$8.3M | −$1.8M |
| Interest income | $280,855 | $160,591 | $39,829 | $4,906 | $0 | — | — | — | $0 | $148,000 |
| Interest expense | — | — | — | — | $1.0M | $0 | $0 | $0 | $116 | $136,000 |
| Income before taxes | −$17.2M | −$20.6M | −$6.9M | −$7.6M | −$13.9M | −$12.4M | −$5.7M | −$7.6M | −$8.3M | −$1.9M |
| Income taxes | — | — | −$1.4M | −$1.6M | −$2.2M | −$2.6M | −$438,145 | $435,345 | −$435,345 | $136,000 |
| Net income | −$17.2M | −$20.6M | −$6.9M | −$7.6M | −$13.9M | −$12.4M | −$5.2M | −$8.0M | −$13.7M | −$1.9M |
| EBITDA | −$17.1M | −$12.9M | −$7.2M | −$9.3M | −$14.9M | −$12.4M | −$5.7M | −$7.6M | −$14.1M | −$4.1M |
| EPS (diluted) | −$1.14 | −$1.39 | −$0.74 | −$0.91 | −$1.95 | −$3.95 | −$0.62 | −$2.69 | −$13.94 | −$1.50 |
| Gross margin | — | — | — | — | — | — | — | 99.3% | — | 16.9% |
| Operating margin | — | — | — | — | — | — | — | −376.6% | — | −10.2% |
| Net margin | — | — | — | — | — | — | — | −398.1% | — | −11.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $174,296 | $0 | $0 |
| Cost of revenue | $44,109 | −$113,998 | $43,175 | $39,075 | $31,748 | $1 | $1.7M | $1.3M | $29,793 | $28,995 | $1 | $305,238 |
| Gross profit | −$44,109 | $113,998 | −$43,175 | −$39,075 | −$31,748 | −$1 | −$1.7M | −$1.3M | −$29,793 | −$28,995 | −$1 | −$305,238 |
| Sales, general & admin | $3.9M | $2.5M | $3.8M | $3.9M | $1.8M | $3.2M | $3.4M | $884,727 | $2.1M | $1.2M | $1.3M | $1.5M |
| Total operating expenses | $4.7M | $5.6M | $5.3M | $4.5M | $3.6M | $3.2M | $3.4M | $884,727 | $2.6M | $1.3M | $1.3M | $1.5M |
| Operating income | −$4.8M | −$5.5M | −$5.3M | −$4.6M | −$3.6M | −$3.2M | −$5.1M | −$2.1M | −$2.6M | −$1.3M | −$1.3M | −$1.8M |
| Interest income | $152,199 | $89,822 | $57,025 | $68,430 | $65,578 | $60,126 | $58,910 | $25,017 | $16,538 | $5,425 | $8,355 | $11,642 |
| Income before taxes | −$4.6M | −$5.4M | −$5.3M | −$4.5M | −$2.1M | −$7.8M | −$6.4M | −$2.1M | −$4.3M | −$2.1M | −$1.7M | −$258,430 |
| Income taxes | — | — | — | — | — | — | — | — | $1.7M | $771,975 | $1 | −$1.5M |
| Net income | −$4.6M | −$5.4M | −$5.3M | −$4.5M | −$2.1M | −$7.8M | −$6.4M | −$2.1M | −$4.3M | −$2.1M | −$1.7M | −$258,430 |
| EBITDA | −$4.7M | −$5.2M | −$5.3M | −$4.5M | −$2.1M | −$3.1M | −$5.1M | −$2.1M | −$2.6M | −$1.3M | −$1.2M | −$1.7M |
| EPS (diluted) | −$0.28 | −$0.33 | −$0.35 | −$0.31 | −$0.15 | −$0.25 | −$0.54 | −$0.20 | −$0.40 | −$0.22 | −$0.18 | −$0.03 |
| Gross margin | — | — | — | — | — | — | — | — | — | −16.6% | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | −738.3% | — | — |
| Net margin | — | — | — | — | — | — | — | — | — | −1,181.2% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in USAU's financial statements (latest annual report filed July 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
USAU financial results
U.S. Gold reported no revenue in fiscal year 2026 (ended April 30, 2026). It had a net loss of $17.2 million. Diluted earnings per share came to −$1.14.
See the USAU stock overview for the latest quote and news, or the USAU chart for price history and technical indicators.
USAU income statement FAQ
Does U.S. Gold have revenue?
U.S. Gold reported no revenue for fiscal year 2026, which ended on April 30, 2026.
Is U.S. Gold profitable?
No. U.S. Gold reported a net loss of $17.2 million in fiscal 2026.
What are U.S. Gold's earnings per share?
U.S. Gold earned $-1.14 per diluted share in fiscal 2026, compared with $-1.39 a year earlier.
When will U.S. Gold report its next earnings?
U.S. Gold is expected to report results for the quarter ending October 31, 2026 on December 9, 2026.
When does U.S. Gold's fiscal year end?
U.S. Gold's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on July 29, 2026.