USAR
Income statement / Annual
Last year (2025), USA Rare Earth Inc.'s total revenue was $1.64 M,
and the percentage change from the previous year is not available.
In 2025, USA Rare Earth Inc.'s net income was -$297.56 M.
See USA Rare Earth Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$1.64 M |
$0.00 |
$0.00 |
$0.00 |
$968.87 M |
$971.39 M |
$849.60 M |
$0.00 |
$0.00 |
$16.94 M |
| Cost of Revenue |
$3.03 M
|
$389.00 K
|
$0.00
|
$210.00 K
|
$157.12 M
|
$165.39 M
|
$195.82 M
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
-$1.39 M
|
-$389.00 K
|
$0.00
|
-$210.00 K
|
$811.75 M
|
$806.01 M
|
$653.78 M
|
$0.00
|
$0.00
|
$16.94 M
|
| Gross Profit Ratio |
-0.85
|
0
|
0
|
0
|
0.84
|
0.83
|
0.77
|
0
|
0
|
1
|
| Research and Development Expenses |
$15.89 M
|
$6.34 M
|
$0.00
|
$271.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$19.78 M
|
$63.84 M
|
$52.21 M
|
$112.11 M
|
$43.85 M
|
$41.13 M
|
$814.00 K
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$42.23 M
|
$8.86 M
|
$985.21 K
|
$19.78 M
|
$63.84 M
|
$52.21 M
|
$112.11 M
|
$43.85 M
|
$41.13 M
|
$814.00 K
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$4.01 M
|
$192.59 M
|
$871.43 M
|
$940.16 M
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$58.11 M
|
$15.20 M
|
$985.21 K
|
$24.05 M
|
$256.43 M
|
$923.64 M
|
$1.05 B
|
$43.85 M
|
$41.13 M
|
$814.00 K
|
| Cost And Expenses |
$61.15 M
|
$15.59 M
|
$985.21 K
|
$24.26 M
|
$413.55 M
|
$1.09 B
|
$1.25 B
|
$43.85 M
|
$41.13 M
|
$814.00 K
|
| Interest Income |
$5.45 M
|
$292.00 K
|
$11.76 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$175.28 M
|
$147.01 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$1.59 M
|
$389.00 K
|
$0.00
|
$671.00 K
|
$179.92 M
|
$179.64 M
|
$152.72 M
|
$43.85 M
|
$41.13 M
|
-$16.13 M
|
| EBITDA |
-$57.92 M |
-$15.20 M |
-$985.21 K |
-$23.59 M |
$743.92 M |
$738.57 M |
$530.27 M |
$0.00 |
$0.00 |
$0.00 |
| EBITDA Ratio |
-35.25
|
0
|
0
|
0
|
0.77
|
0.76
|
0.62
|
0
|
0
|
0
|
| Operating Income Ratio |
-36.22
|
0
|
0
|
0
|
0.57
|
-0.12
|
-0.47
|
0
|
0
|
0.95
|
| Total Other Income/Expenses Net |
-$239.18 M
|
-$807.00 K
|
$7.73 M
|
-$1.28 M
|
-$106.59 M
|
-$60.58 M
|
-$59.09 M
|
$142.77 M
|
$69.72 M
|
$0.00
|
| Income Before Tax |
-$298.68 M
|
-$16.39 M
|
$6.75 M
|
-$25.54 M
|
$448.74 M
|
-$178.22 M
|
-$457.58 M
|
$98.92 M
|
$28.59 M
|
$16.13 M
|
| Income Before Tax Ratio |
-181.79
|
0
|
0
|
0
|
0.46
|
-0.18
|
-0.54
|
0
|
0
|
0.95
|
| Income Tax Expense |
-$160.00 K
|
$0.00
|
$0.00
|
$0.00
|
$117.12 M
|
-$55.69 M
|
$102.47 M
|
$32.31 M
|
$26.26 M
|
$6.42 M
|
| Net Income |
-$297.56 M
|
-$15.74 M
|
$6.75 M
|
-$23.84 M
|
$331.62 M
|
-$122.53 M
|
-$355.11 M
|
$66.61 M
|
$2.33 M
|
$9.71 M
|
| Net Income Ratio |
-181.11
|
0
|
0
|
0
|
0.34
|
-0.13
|
-0.42
|
0
|
0
|
0.57
|
| EPS |
-3.31 |
-0.4 |
0.28 |
-0.87 |
0.69 |
-0.26 |
-0.8 |
0.33 |
0.0348 |
0 |
| EPS Diluted |
-3.31 |
-0.4 |
0.28 |
-0.87 |
0.69 |
-0.26 |
-0.8 |
0.33 |
0.03 |
0 |
| Weighted Average Shares Out |
$98.02 M
|
$22.32 M
|
$24.19 M
|
$27.50 M
|
$479.74 M
|
$471.26 M
|
$442.09 M
|
$186.20 M
|
$77.50 M
|
$0.00
|
| Weighted Average Shares Out Diluted |
$98.02 M
|
$22.32 M
|
$24.19 M
|
$27.50 M
|
$479.74 M
|
$478.28 M
|
$442.64 M
|
$186.20 M
|
$186.18 M
|
$0.00
|
| Link |
|
|
|
|
|
|
|
|
|
|