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USA Rare Earth, Inc. (USAR) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Basic Materials · Other Industrial Metals & Mining · DATA UPDATED 2026-07-10

USA Rare Earth, Inc. (USAR) operates in the Other Industrial Metals & Mining industry and is headquartered in Stillwater, United States with about 132 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, USAR reported $2M in revenue and ($298M) in net income.

USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia. It primarily explores neodymium, dysprosium, terbium, yttrium, gallium, hafnium, praseodymium, samarium, and other critical minerals.

Interactive charts & full statements → Open the USAR valuation workbench →

USAR Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-31
Total Revenue$2M$0M$0M$0M
Gross Profit$0M$0M($0M)($0M)
Operating Income (EBIT)($60M)($16M)($25M)($24M)
Net Income($298M)($16M)($7M)($24M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

USAR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$6M$2M$0M$0M$0M
Gross Profit$0M$0M
Operating Income (EBIT)($36M)($26M)($16M)($9M)($9M)
Net Income($67M)($50M)($157M)($142M)$52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

USAR Free Cash Flow History

USAR Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-31
Total Assets$695M$69M$260M$67M
Total Liabilities$201M$36M$13M$35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive USAR viewer.

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