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  4. USA RARE EARTH INC. - ORDINARY SHARES - CLASS A
USA Rare Earth Inc. - Ordinary Shares - Class A
XNAS: USAR
9.98-0.34(-3.29%)
4.6M
XNAS Volume

XNAS 15 Oct, 2026 10:04 AM (EDT)

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USA Rare Earth Inc (Class A) quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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USA Rare Earth Inc (Class A) quarterly results: revenue, profit, and P&L – 13 quarter history

  • NEUTRAL

    Quarterly Revenue USA Rare Earth Inc (Class A) Jun-2026 Quarterly Revenue is $6 Million which is growth of 0% YoY.

  • POSITIVE

    Quarterly Net Profit USA Rare Earth Inc (Class A) Jun-2026 Quarterly Net Profit is $-10 Million which is growth of 92.7% YoY.

USA Rare Earth Inc. - Ordinary Shares - Class A, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
5.85.71.6
Cost Of Rev.
7.45.6-----0.1--0.20-
Gross Profit
-1.60.1------0.1---0.2-0-
⌄
44.536.626.315.98.88.7-5.4234.75.84.80.2
Operating Profit
-46.1-36.5-26.1-15.9-8.8-8.75.6-2-3-4.7-6-4.8-0.2
-3.411.43.21.30.80.10.4-0.2-00--0.11.1
Profit Before Tax
-12.5-68.6-50.7-157-142.751.717.4-2-2.8-4.7-6.312.30.8
Tax
-0.5-0.6-----------
⌄
-10.3-67.7-54.1-168-142.548.316.8-1.9-2.6-6.3-612.60.8
Diluted NI Avail to Com Stockholders Ann.
-10.3-67.7-54.1-168-142.548.316.8-1.9-2.6-6.3-612.60.8
Basic EPS
-0.1-0.3-0.5-1.6-1.50.80.3-0-0-0.1-0.10.21.5
Diluted EPS After ExtraOrdinary
-0.2-0.1-0.2-0.3-0.10-0.2-0-0.1-0.1-0.10.20.1
Number Of Shares End
230.1196.5105.3102.692.864.559.459.459.459.459.459.46.3
Net Income Continuing Discontinued Operations
-10.3-67-50.2-156.7-142.551.816.8-1.9-2.6-4.5-612.60.8
Normalized Income
-33.5-24.1-26.4-11.6-8.15.1-8.9-2-3.4-4.3-612.50.8
Interest Income
0.4123.21.30.80.2-000.1-3.31.1
Interest
3.80.60000.1-0.20.10.1---
Net Interest Income
-3.411.43.21.30.80.10.4-0.2-00--0.11.1
EBIT
-9.1-80-53.8-158.3-143.551.617-1.8-2.8-4.7-6.312.3-0.2
EBITDA
-8.1-77.9-52.7-158.1-143.351.717-1.8-2.7-4.5-6.112.5-0.2
Reconciled Cost Of Rev.
6.34.8-----0.1--0.20-
Reconciled Depr.
2.52.11.10.20.20.1-0.10.10.20.30.2-
Profit From Continuing Operations
-12-68.1-50.5-157-142.751.717.4-2-2.8-4.7-6.312.30.8
Normalized EBITDA
-43.2-22.4-21.8-14.3-7.8-8.5-7.2-1.8-2.9-4.4-22.511.9-0.2
*All financials are in USD Million and price data in USD

USA Rare Earth Inc (Class A) competitor comparison and performance snapshot within industry

USA Rare Earth Inc (Class A) annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEUTRAL

    Annual Revenue USA Rare Earth Inc (Class A) Dec-2025 Annual Revenue is $2 Million which is growth of 0% YoY.

  • NEGATIVE

    Annual Net Profit USA Rare Earth Inc (Class A) Dec-2025 Annual Net Profit is $-298 Million which is growth of -3867.0% YoY.

USA Rare Earth Inc. - Ordinary Shares - Class A, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsTTMDec '25Dec '24Dec '23Dec '22
-
 1.6
Cost Of Rev. Ann.
95.7%
 1.5-0.30.2
Gross Profit Ann.
-
 0.2--0.3-0.2
Operating Exp. Ann.
35.3%
123.259.74.124.524.1
Operating Profit Ann.
-
-124.5-59.5-4.1-24.8-24.3
-
12.45.30--
Other Exp. Ann.
-
 -244.51216.3-1.3
PBT Ann.
-
-288.8-298.77.9-8.5-25.5
Tax Ann.
-
 -0.2---
⌄
-
-300.2-324.57.9-7.4-23.8
Diluted NI Avail to Com Stockholders Ann.
-
-300.2-324.57.9-7.4-23.8
EPS Ann.
-
 -3.30.1-0.1-0.4
Diluted EPS Ann.
-
 -3.30.1-0.1-0.4
Number Of Shares End
-
 105.359.459.4-
Total Exp. Ann.
36.1%
 61.24.124.824.3
Net Income Continuing Discontinued Operations Ann.
-
-284.2-297.67.9-7.4-23.8
Normalized Income Ann.
-
-95.6-45.37.6-7.2-22.3
Interest Income Ann.
-
16.85.50--
Interest Ann.
-
4.40.1---
EBITDA Ann.
-
-296.8-302.47.9-7.8-24.9
Reconciled Cost Of Rev. Ann.
35.7%
 0.5-0.30.2
Reconciled Depr. Ann.
31.7%
5.91.6-0.70.7
Profit From Continuing Operations Ann.
-
-287.5-298.57.9-8.5-25.5
Normalized EBITDA Ann.
-
-101.8-52.5-16.5-24.4-23.6
*All financials are in USD Million and price data in USD
Operating Exp. Ann.
1Y CHG
1356.1%
2Y CAGR
56.1%
3Y CAGR
35.3%

USA Rare Earth Inc (Class A) balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund USA Rare Earth Inc (Class A) Dec-2025 Total Shareholders Fund is $493 Million which is growth of 78195614.3% YoY.

  • POSITIVE

    Total Assets USA Rare Earth Inc (Class A) Dec-2025 Total Assets is $695 Million which is growth of 2779.5% YoY.

USA Rare Earth Inc. - Ordinary Shares - Class A, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsDec '25Dec '24Dec '23Dec '22
118.2%
69524.157.466.9
⌄
79.3%
200.717.114.934.8
⌄
161.6%
492.639.227.5
Total Capitalization Ann.
161.6%
492.6739.827.5
Tangible Assets Ann.
-
289.224.1
Working Capital Ann.
175.6%
347.5-3.9816.6
Invested Capital Ann.
162%
494.51.239.827.5
Tangible Book Value Ann.
119.1%
289.239.227.5
Borrowings Ann.
51%
3.11.21.10.9
Net Debt Ann.
-
-1.2--
Share Issued Ann.
21.8%
148.1828282
Number Of Shares End
-
105.359.459.4-
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
2783.8%
2Y CAGR
248%
3Y CAGR
118.2%
Total Current Liabilities Ann.
1Y CHG
871.8%
2Y CAGR
160.2%
3Y CAGR
52.4%
Total ShareHolders Funds Ann.
2Y CAGR
254.5%
3Y CAGR
161.6%

USA Rare Earth Inc (Class A) ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • NEUTRAL

    Book Value Per Share USA Rare Earth Inc (Class A) Book Value Per Share is $-0 which is growth of 0% YoY.

  • NEUTRAL

    ROE USA Rare Earth Inc (Class A) ROE is 0% which is growth of 0% YoY.

USA Rare Earth Inc. - Ordinary Shares - Class A, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsDec '25Dec '24Dec '23Dec '22
RoA Ann. %
-
-19.38%--
ROE Ann. %
-
-40.35%--
ROIC %
-
----
OPM Ann. %
-
-3,621.61%---
Inventory Turnover Ratio Ann.
-
----
Asset Turnover Ann. %
-
----
Working Capital Turnover Ann.
-
Quick Ratio Ann.
-
-0.9-
Current Ratio Ann.
-
-01.6-
Interest Coverage Ratio Ann.
-
----
LT Debt To Equity Ann.
-
----
*All financials are in USD Million and price data in USD

USA Rare Earth Inc (Class A) cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity USA Rare Earth Inc (Class A) Dec-2025 Cash From Operating Activity is $-49 Million which is growth of -3402.5% YoY.

  • POSITIVE

    Net Cash Flow USA Rare Earth Inc (Class A) Dec-2025 Net Cash Flow is $343 Million which is growth of 125543.8% YoY.

USA Rare Earth Inc. - Ordinary Shares - Class A, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsDec '25Dec '24Dec '23Dec '22
-
-49-1.4-21.9-14.8
-
-139.6246.9-6-15.2
187.8%
531.7-245.814.122.3
Cash Plus Cash Eqv. End Of Year Ann.
137.1%
359.913.227
Net Increase In Cash Plus Cash Eqv.s Ann.
-
343.2-0.3-13.8-7.7
Cash Plus Cash Eqv. Begin Of Year Ann.
-21.5%
16.80.32734.7
Income Tax Paid Supplemental Data Ann.
-
----
Interest Paid Supplemental Data Ann.
-
0---
Capex Ann.
-
-37.4--6-5.1
Issuance Of Capital Stock Ann.
-
213.313.3
Issuance Of Debt Ann.
-
-1.21
Repayment Of Debt Ann.
-
---
Repurchase Of Capital Stock Ann.
-
--246.9-0.2
Free Cash Flow Ann.
-
-86.3-1.4-27.9-19.9
*All financials are in USD Million and price data in USD
Cash from Financing Act. Ann.
2Y CAGR
514.1%
3Y CAGR
187.8%