USA Rare Earth, Inc. Financial Summary

Quick Answer

USA Rare Earth, Inc. reported Total Revenue of $1.64 million for fiscal year 2025.

USA Rare Earth, Inc. — Key Financials by Year

Metric 2025 2024 2023
Total Revenue $1.64M $0.00
Net Income -$297.56M
-1791.1%
-$15.73M
Diluted EPS -$3.31
-727.5%
-$0.40
Total Assets $695.00M
+906.2%
$69.07M
-73.4%
$259.47M
Cash and Equivalents $359.93M
+2047.4%
$16.76M
+5980.2%
$275.7K
Stockholders Equity $494.29M
+3002.2%
-$17.03M
-31.9%
-$12.91M
R&D Expense $15.88M
+150.5%
$6.34M
Operating Income -$59.50M
-281.8%
-$15.59M
Gross Profit $195.0K $0.00
Shares Outstanding 148.06M
+146.4%
60.09M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Net Income September 30, 2025 -$156.68M -8283.1% -9.9%
Diluted EPS September 30, 2025 -$1.64 -5366.7% -6.5%
Total Assets September 30, 2025 $323.32M +20.0% +79.9%
Cash and Equivalents September 30, 2025 $257.61M +182341.3% +111.5%
Stockholders Equity September 30, 2025 -$58.58M -275.4% +55.6%
R&D Expense September 30, 2025 $4.45M +283.0% +72.7%
Operating Income September 30, 2025 -$15.86M -709.6% -80.2%
Shares Outstanding September 30, 2025 113.83M +18.3%
  • USA Rare Earth, Inc. reported Total Revenue of $1.64 million for fiscal year 2025.
  • USA Rare Earth, Inc. reported Net Income of -$297.56 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed a decrease of -1791.1% in Net Income compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Diluted EPS of $3.31 per share (loss) for fiscal year 2025.
  • USA Rare Earth, Inc. showed a decrease of -727.5% in Diluted EPS compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Total Assets of $695.00 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed an increase of +906.2% in Total Assets compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Cash and Equivalents of $359.93 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed an increase of +2047.4% in Cash and Equivalents compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Stockholders Equity of $494.29 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed an increase of +3002.2% in Stockholders Equity compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported R&D Expense of $15.88 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed an increase of +150.5% in R&D Expense compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Operating Income of -$59.50 million for fiscal year 2025.
  • USA Rare Earth, Inc. showed a decrease of -281.8% in Operating Income compared to the prior fiscal year.
  • USA Rare Earth, Inc. reported Gross Profit of $195.0 thousand for fiscal year 2025.
  • USA Rare Earth, Inc. reported Shares Outstanding of 148.06 million shares for fiscal year 2025.
  • USA Rare Earth, Inc. showed an increase of +146.4% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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