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USA Rare Earth, Inc.

USAR · XNAS

CIK 1970622fmd_1MS45KFG897PYYK7S6QXNQ7R6ZMining · Metal MiningTemplate: Standard

Coverage: Mar 06, 2023 to Sep 30, 2026, 13 periods

Latest annual · FY2025

Millions
Total revenues
2
Gross profit
0
Operating income
(60)
Net income
(298)
Free cash flow
(86)

Latest quarter · Q3 FY2026

Millions
Total revenues
3
Gross profit
(20)
Operating income
(141)
Net income
12
Free cash flow
(227)

Daily close · USARIEX trades only

Nov 13, 2025 to Nov 11, 2026 · 250 sessions

8.27 USD

010203040Nov 13, 2025May 14, 2026Nov 11, 2026Vol

Built from trades executed at IEX only, one exchange with a small share of US volume. This is not the consolidated tape. The close is the last IEX trade of the session, not the official closing price. Earlier sessions are divided by the later split ratios the API confirmed against IEX prices; dividends are not adjusted. Switch to As traded for the prices as they printed. End of day, not real time: a session is published the day after it trades.

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Open Financials

USA Rare Earth, Inc. (USAR) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
Revenue$1.6 million$010-K 2026-03-30 · proof
Gross profit$195,000$010-K 2026-03-30 · proof
Operating income-$59.5 million-$15.6 million10-K 2026-03-30 · proof
Net income-$297.6 million-$15.7 million10-K 2026-03-30 · proof
Cash from operating activities-$49 million-$13 million10-K 2026-03-30 · proof
Free cash flow-$86.3 million-$16.1 million10-K 2026-03-30 · proof
Total assets$695 million$69.1 million+906.2%10-K 2026-03-30 · proof
Total liabilities$191.8 million$15.1 million+1,168.2%10-K 2026-03-30 · proof
Cash and cash equivalents$359.9 million$16.8 million+2,047.4%10-K 2026-03-30 · proof
What was USA Rare Earth, Inc. (USAR)'s revenue in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported revenue of $1.6 million for fiscal 2025 (the year ended Dec 31, 2025), against $0 the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What was USA Rare Earth, Inc. (USAR)'s gross profit in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported gross profit of $195,000 for fiscal 2025 (the year ended Dec 31, 2025), against $0 the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What was USA Rare Earth, Inc. (USAR)'s operating income in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported operating income of -$59.5 million for fiscal 2025 (the year ended Dec 31, 2025), against -$15.6 million the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What was USA Rare Earth, Inc. (USAR)'s net income in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported net income of -$297.6 million for fiscal 2025 (the year ended Dec 31, 2025), against -$15.7 million the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What was USA Rare Earth, Inc. (USAR)'s cash from operating activities in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported cash from operating activities of -$49 million for fiscal 2025 (the year ended Dec 31, 2025), against -$13 million the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What was USA Rare Earth, Inc. (USAR)'s free cash flow in fiscal 2025?
USA Rare Earth, Inc. (USAR) reported free cash flow of -$86.3 million for fiscal 2025 (the year ended Dec 31, 2025), against -$16.1 million the year before. Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What are USA Rare Earth, Inc. (USAR)'s total assets?
As of Dec 31, 2025, USA Rare Earth, Inc. (USAR) reported total assets of $695 million, against $69.1 million a year earlier (+906.2%). Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What are USA Rare Earth, Inc. (USAR)'s total liabilities?
As of Dec 31, 2025, USA Rare Earth, Inc. (USAR) reported total liabilities of $191.8 million, against $15.1 million a year earlier (+1,168.2%). Source: the 10-K filed with the SEC on Mar 30, 2026. SEC
What are USA Rare Earth, Inc. (USAR)'s cash and cash equivalents?
As of Dec 31, 2025, USA Rare Earth, Inc. (USAR) reported cash and cash equivalents of $359.9 million, against $16.8 million a year earlier (+2,047.4%). Source: the 10-K filed with the SEC on Mar 30, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:USAR&period_type=annual&limit=5"

Information only, not investment advice.