USA Rare Earth, Inc. (USAR)
NASDAQ: USAR · Real-Time Price · USD
28.12
+1.42 (5.32%)
May 28, 2026, 2:44 PM EDT - Market open
USA Rare Earth Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 |
| 5.7 | - | - | - | - | - | - | - | - | - | - | |
Cost of Revenue | 5.59 | - | - | - | - | - | - | - | - | - | - |
Gross Profit | 0.11 | - | - | - | - | - | - | - | - | - | - |
Selling, General & Admin | 21.18 | 18.47 | 11.41 | 6.23 | 7.03 | 4.51 | 0.8 | 1.29 | 2.65 | - | - |
Depreciation & Amortization Expenses | 1.36 | - | - | - | - | - | - | - | - | - | - |
Research & Development | 14.25 | 7.17 | 4.45 | 2.58 | 1.69 | 1.4 | 1.16 | 1.73 | 2.05 | - | - |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | 0.42 | 0.23 |
Total Operating Expenses | 36.78 | 25.64 | 15.86 | 8.8 | 8.72 | 5.92 | 1.96 | 3.01 | 4.7 | 0.42 | 0.23 |
Operating Income | -36.68 | -25.64 | -15.86 | -8.8 | -8.72 | -5.92 | -1.96 | -3.01 | -4.7 | -0.42 | -0.23 |
Interest Income | 11.97 | - | 1.31 | 0.77 | 0.19 | - | 0.02 | 0.05 | 0.11 | 3.28 | 1.06 |
Interest Expense | -0.59 | - | - | - | -0.09 | - | - | - | -0.08 | - | - |
Other Non-Operating Income (Expense) | -43.35 | - | -142.43 | -134.66 | 60.3 | - | 0.14 | 0.23 | 0 | - | - |
Total Non-Operating Income (Expense) | -31.97 | - | -141.12 | -133.9 | 60.4 | - | 0.16 | 0.27 | 0.03 | 3.28 | 1.06 |
Pretax Income | -68.65 | -25.64 | -156.98 | -142.7 | 51.68 | -5.92 | -1.8 | -2.74 | -4.67 | 2.86 | 0.83 |
Provision for Income Taxes | -0.58 | - | - | - | - | - | - | - | - | - | - |
Net Income | -66.99 | -50.21 | -156.68 | -142.51 | 51.83 | -6.8 | -1.87 | -2.6 | -4.47 | 2.86 | 0.83 |
Minority Interest in Earnings | 1.08 | 0.29 | 0.31 | 0.21 | 0.15 | 0.1 | 0.14 | 0.22 | - | - | - |
Net Income to Common | -66.99 | -50.21 | -156.68 | -142.51 | 51.83 | -6.8 | -1.87 | -2.6 | -4.47 | 2.86 | 0.83 |
Shares Outstanding (Basic) | 196 | 105 | 103 | 93 | 64 | 60 | 59 | 59 | 59 | 24 | 1 |
Shares Outstanding (Diluted) | 196 | 105 | 103 | 93 | 83 | 60 | 59 | 59 | 59 | 24 | 1 |
Shares Change (YoY) | 136.50% | 75.82% | 72.43% | 56.11% | 39.80% | 151.46% | 8350.27% | - | - | - | - |
EPS (Basic) | -0.34 | -0.40 | -1.64 | -1.54 | 0.75 | -0.16 | -0.03 | -0.04 | -0.11 | 0.12 | 1.18 |
EPS (Diluted) | -0.34 | -0.40 | -1.64 | -1.54 | 0.58 | -0.16 | -0.03 | -0.04 | -0.11 | 0.12 | 1.18 |
Shares Outstanding | 217.98 | 148.06 | 113.83 | 96.19 | 81.95 | 60.09 | 31.25 | 31.25 | 31.25 | 31.25 | 31.25 |
Free Cash Flow | -57.1 | -51.86 | -9.95 | -11.16 | -13.38 | -4.36 | -2.41 | -4.57 | -5.25 | 0 | 0 |
Free Cash Flow Per Share | -0.29 | -0.49 | -0.10 | -0.12 | -0.16 | -0.07 | -0.04 | -0.08 | -0.09 | - | - |
Gross Margin | 1.86% | - | - | - | - | - | - | - | - | - | - |
Operating Margin | -643.65% | - | - | - | - | - | - | - | - | - | - |
Profit Margin | -1194.59% | - | - | - | - | - | - | - | - | - | - |
FCF Margin | -1002.05% | - | - | - | - | - | - | - | - | - | - |
EBITDA | -34.57 | -25.64 | -15.65 | -8.59 | -8.65 | -5.92 | -1.81 | -2.86 | -4.53 | -0.42 | -0.23 |
EBITDA Margin | -606.72% | - | - | - | - | - | - | - | - | - | - |
EBIT | -36.68 | -25.64 | -15.86 | -8.8 | -8.72 | -5.92 | -1.96 | -3.01 | -4.7 | -0.42 | -0.23 |
EBIT Margin | -643.65% | - | - | - | - | - | - | - | - | - | - |
Effective Tax Rate | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.