ProShares Trust - ProShares RAFI Long/Short Operating Income

The latest operating income for RALS is $-79M as of December 2025. That compares with $-7.6M in the prior-year period — down 938.1% year over year. Investors often review this figure alongside ProShares Trust - ProShares RAFI Long/Short's historical trend and sector peers before judging valuation or financial health.

Over the past year, RALS's operating income moved from $-7.6M to $-79M — a 938.1% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in ProShares Trust - ProShares RAFI Long/Short's operating scale or balance-sheet position.

A operating income figure of $-79M for RALS is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting RALS's operating income ($-79M), review year-over-year change from $-7.6M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.