USA Rare Earth, Inc. (USAR)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 2M 4M 6M Q1 '25: 0 Q2 '25: 0 Q1 '26: 5.7M Q2 '26: 5.8M Q1 '25 Q2 '25 Q1 '26 Q2 '26

Gross Profit Quarterly

-1.8M -1.2M -600K 0 600K 1.2M 1.8M Q1 '25: 0 Q2 '25: 0 Q1 '26: 106K Q2 '26: -1.6M Q1 '25 Q2 '25 Q1 '26 Q2 '26

Operating Income Quarterly

-60M -40M -20M 0 20M 40M 60M Q2 '23: -228.7K Q3 '23: -420.8K Q4 '23: -329.5K Q1 '24: -4.7M Q2 '24: -3M Q3 '24: -2M Q4 '24: -5.9M Q1 '25: -8.7M Q2 '25: -8.8M Q3 '25: -15.9M Q4 '25: -26.1M Q1 '26: -36.7M Q2 '26: -46.3M Q2 '23 Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26

Net Income Quarterly

-180M -120M -60M 0 60M 120M 180M Q2 '23: 830.8K Q3 '23: 2.9M Q4 '23: 3.1M Q1 '24: -4.5M Q2 '24: -2.6M Q3 '24: -1.9M Q4 '24: -6.8M Q1 '25: 51.8M Q2 '25: -142.5M Q3 '25: -156.7M Q4 '25: -50.2M Q1 '26: -67M Q2 '26: -10.3M Q2 '23 Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26

Cost of Revenue Quarterly

0 3M 6M 9M Q1 '25: 0 Q2 '25: 0 Q1 '26: 5.6M Q2 '26: 7.4M Q1 '25 Q2 '25 Q1 '26 Q2 '26

Operating Cash Flow Quarterly

-60M -40M -20M 0 20M 40M 60M Q3 '23: -208.2K Q4 '23: -136.9K Q1 '24: -4.2M Q2 '24: -4M Q3 '24: -1.2M Q4 '24: -3.5M Q1 '25: -10.3M Q2 '25: -7.9M Q3 '25: -2.8M Q4 '25: -27.9M Q1 '26: -18.5M Q2 '26: -56.9M Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26

Free Cash Flow Quarterly

-150M -100M -50M 0 50M 100M 150M Q1 '24: -4.3M Q2 '24: -5.1M Q3 '24: -2.4M Q4 '24: -4.4M Q1 '25: -12.3M Q2 '25: -11.2M Q3 '25: -9.9M Q4 '25: -51.9M Q1 '26: -57.1M Q2 '26: -126.6M Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 80M 160M 240M Q1 '24: 59.4M Q2 '24: 59.4M Q3 '24: 59.5M Q1 '25: 83.1M Q2 '25: 92.8M Q3 '25: 102.6M Q1 '26: 196.5M Q2 '26: 230.1M Q1 '24 Q2 '24 Q3 '24 Q1 '25 Q2 '25 Q3 '25 Q1 '26 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-4.50 -3.00 -1.50 0.00 1.50 3.00 4.50 Q4 '24: -0.43 Q1 '25: 0.26 Q2 '25: -1.24 Q3 '25: -2.85 Q4 '25: -3.08 Q1 '26: -4.00 Q2 '26: -2.51 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.