Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - September Operating Income

The latest operating income for USEP is $-5.2M as of June 2026. That compares with $3.3M in the prior-year period — down 254.3% year over year. Investors often review this figure alongside Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - September's historical trend and sector peers before judging valuation or financial health.

Over the past year, USEP's operating income moved from $3.3M to $-5.2M — a 254.3% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - September's operating scale or balance-sheet position.

A operating income figure of $-5.2M for USEP 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 USEP's operating income ($-5.2M), review year-over-year change from $3.3M, 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.