USA Rare Earth Balance Sheet

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	Q4 2023	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	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023
Cash & Equivalents	1,750	359.93	257.61	121.79	23.35	16.76	0.14	0.01	0.12	0.28	0.34	0.55
Cash & Short-Term Investments	1,750	359.93	257.61	121.79	23.35	16.76	0.14	0.01	0.12	0.28	0.34	0.55
Cash Growth	7392.78%	2047.40%	182341.34%	1848860.07%	19488.45%	5980.21%	-58.17%	-98.79%	-	-	-	-
Accounts Receivable	5.69	3.76	-	-	-	-	-	-	-	-	-	-
Inventory	28.43	18.54	-	-	-	-	-	-	-	-	-	-
Other Current Assets	6.62	3.15	1.27	1.75	2.43	5.51	0.08	0.05	0.15	0.22	0.38	0.53
Total Current Assets	1,790	385.38	258.88	123.55	25.78	22.27	0.22	60.07	0.27	0.5	0.71	1.08
Net Property, Plant & Equipment	119.44	86.77	41	33.42	30.55	26.56	-	-	-	-	-	-
Other Intangible Assets	67.26	68.61	-	-	-	-	-	-	-	-	-	-
Goodwill	134.85	134.85	-	-	-	-	-	-	-	-	-	-
Long-Term Investments	-	-	-	-	-	-	269.14	265.71	262.32	258.97	255.58	252.31
Other Long-Term Assets	22.91	19.39	23.45	22.74	20.75	20.24	-	-	-	-	-	-
Total Assets	2,135	695	323.33	179.7	77.08	69.07	269.36	265.77	262.59	259.47	256.29	253.39
Accounts Payable	17.08	11.07	1.83	2.24	3.11	1.82	2.03	-	-	0.23	-	-
Accrued Expenses	21.36	14.07	13.42	5.13	3.83	3.07	-	0.57	0.43	-	0.2	0.15
Short-Term Debt	-	1.85	-	-	-	0.83	-	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	-	0.7	-	-	-	-	-
Current Portion of Leases	0.52	0.42	0.43	0.42	0.38	0.02	-	-	-	-	-	-
Unearned Revenue	10.38	10.5	-	-	-	-	-	-	-	-	-	-
Other Current Liabilities	-	-	-	0.38	0.01	1.18	-	0.08	0.08	0.08	-	-
Total Current Liabilities	49.34	37.91	15.68	8.18	7.33	6.93	2.73	0.65	0.51	0.31	0.2	0.15
Long-Term Leases	0.76	0.78	0.88	0.99	1.09	-	-	-	-	-	-	-
Other Long-Term Liabilities	196.16	153.12	352.07	277.23	88.91	8.2	13.1	13.1	13.1	13.1	13.1	13.1
Total Long-Term Liabilities	196.93	153.9	352.96	278.22	90	8.2	13.1	13.1	13.1	13.1	13.1	13.1
Total Liabilities	246.27	191.81	368.64	286.39	97.33	15.13	15.83	13.75	13.61	13.41	13.3	13.25
Common Stock	0.02	0.02	0.01	0.01	0.01	0.01	0	0	0	0	0	0
Additional Paid-in Capital	2,333	879.85	276.62	46.27	-17.16	104.24	-	-	-	-12.91	-	-
Accumulated Other Comprehensive Income	-0.2	0.13	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-454.35	-387.36	-337.18	-180.5	-37.99	-72.87	-15.6	-13.69	-13.34	-	-12.59	-12.17
Total Common Shareholders' Equity	1,878	492.63	-60.55	-134.22	-55.15	31.38	-15.6	-13.69	-13.34	-12.91	-12.58	-12.17
Minority Interest	10.19	10.56	15.24	27.53	34.89	22.57	269.14	265.71	262.32	258.97	255.58	252.31
Shareholders' Equity	1,889	503.19	-45.31	-106.69	-20.26	53.94	253.54	252.03	248.98	246.06	243	240.14
Total Liabilities & Equity	2,135	695	323.33	179.7	77.08	69.07	269.36	265.77	262.59	259.47	256.29	253.39
Total Debt	1.28	3.05	1.31	1.41	1.47	0.85	0.7	0	0	0	0	0
Net Cash (Debt)	1,748	356.88	256.3	120.38	21.88	15.91	-0.56	0.01	0.12	0.28	0.34	0.55
Net Cash Growth	7890.31%	2143.53%	-	1827439.09%	18255.31%	5670.41%	-	-98.79%	-	-	-	-
Net Cash Per Share	8.90	3.39	2.50	1.30	0.26	0.27	-0.01	-	0.00	0.01	0.01	0.78
Book Value	1,878	492.63	-60.55	-134.22	-55.15	31.38	-15.6	-13.69	-13.34	-12.91	-12.58	-12.17
Book Value Per Share	9.56	4.68	-0.59	-1.45	-0.66	0.52	-0.26	-0.23	-0.22	-0.41	-0.53	-17.29
Tangible Book Value	1,676	289.17	-60.55	-134.22	-55.15	31.38	-15.6	-13.69	-13.34	-12.91	-12.58	-12.17
Tangible Book Value Per Share	8.53	2.75	-0.59	-1.45	-0.66	0.52	-0.26	-0.23	-0.22	-0.41	-0.53	-17.29

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.