GROW U S GLOBAL INVESTORS INC
Price Chart
Executive Summary
U.S. Global Investors filed an 8-K announcing a restatement of its Q3 FY2026 EPS due to a spreadsheet error that understated weighted-average shares by 702,484, overstating EPS by $0.02. The restatement corrected EPS from $0.23 to $0.21, with no impact on net income, revenue, or cash position. The underlying business fundamentals remain strong, with revenue up 31% YoY to $2.8M and net income of $2.7M vs a $382K loss a year ago.
Actionable Insight
The restatement is purely mechanical with no cash flow or operational impact — the stock should not move on this news. Monitor next quarter's filings for any control enhancements and continued AUM growth trajectory.
Key Facts
- EPS restated from $0.23 to $0.21 for Q3 ended March 31, 2026 due to a spreadsheet omission in weighted-average share calculation
- Weighted average shares understated by 702,484 for the quarter; no impact on net income, revenue, operating income, or cash
- Net income of $2.7M vs a net loss of $382K in the same quarter last year
- Operating revenues of $2.8M, up 31% YoY from $2.1M
- Average AUM of $1.6B, the highest since June 2024 quarter
Financial Impact
EPS corrected by $0.02 per share (from $0.23 to $0.21); no change to net income ($2.7M) or revenue ($2.8M)
Risk Factors
- Perception risk: any restatement, even clerical, can erode investor confidence in financial controls
- No forward guidance provided; reliance on gold/natural resources AUM for revenue growth introduces commodity price exposure
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-019804 |
| Document: usglobal20260608_8k.htm | 0001437749-26-019804 |
| Document: 0001437749-26-019804-index-headers.html | 0001437749-26-019804 |
| Document: 0001437749-26-019804-index.html | 0001437749-26-019804 |
| Document: 0001437749-26-019804.txt | 0001437749-26-019804 |
| 8-K Data (Synthetic) | 0001437749-26-019804 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
6d ago
|
8-K
| $2.74 awaiting T+1 | awaiting T+1 | — | $2.96 (+8.03%) |
|
Jun 5, 2026
9d ago
|
10-Q/A
| $2.73 awaiting T+1 | awaiting T+1 | — | $2.96 (−8.42%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $2.71 $2.67 | ▼ −1.48% | ▲ +1.12% | $2.96 (+9.23%) |
|
Jun 2, 2026
12d ago
|
Insider Cluster
| $2.61 $2.71 | ▲ +3.83% | ▲ +3.43% | $2.96 (+13.41%) |
|
Jun 1, 2026
13d ago
|
Press Release
| $2.59 $2.61 | ▼ −0.77% | ▼ −1.49% | $2.96 (−14.29%) |
|
May 6, 2026
5w ago
|
Press Release
| $2.61 $2.61 | · 0.00% | ▼ −0.83% | $2.96 (+13.32%) |
|
Mar 13, 2026
13w ago
|
Press Release
| $3.20 $3.24 | ▲ +1.18% | ▲ +0.15% | $2.96 (−7.56%) |
US Market Status
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