USA Rare Earth, Inc.
USARNasdaq
$15.65
↓ -1.6%Jul 17 close · end-of-day
Price
1Y↑ +9.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.1B
Enterprise Value
$1.3B
P/E
—
P/S
—
P/B
1.6
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
-$416.4M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
-22.2%
ROIC
-53.4%
Debt / Equity
—
Net Cash
$1.7B
Return 1Y
+1.3%
Company profile
We are a blank check company incorporated on March 6, 2023, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Our executive offices are located at 167 Madison Avenue, Suite 205 #1017, New York, New York.
- CEO
- Michael Blitzer
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Headquarters
- New York
Earnings
USAR Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$5.7M—
Diluted EPS-$0.34↓ -158.6%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2024 | FY2025 |
|---|---|---|
| Revenue | $0.00 | $1.6M |
| Gross profit | $0.00 | $195,000.00 |
| Operating income | -$15.6M | -$59.5M |
| Net income | -$15.7M | -$297.6M |
| Diluted EPS | -$0.40 | -$3.31 |
| Operating cash flow | -$13.0M | -$49.0M |
| Free cash flow | — | — |
| Gross margin | — | 11.9% |
| Operating margin | — | -3621.6% |
| Net margin | — | -18110.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $0.00 | — | — | — | $5.7M |
| Gross profit | — | — | — | $0.00 | — | — | — | $106,000.00 |
| Operating income | -$3.0M | -$2.0M | -$5.9M | -$8.7M | -$8.8M | -$15.9M | -$26.1M | -$36.7M |
| Net income | -$2.6M | -$1.9M | -$6.8M | $51.8M | -$142.5M | -$156.7M | -$50.2M | -$67.0M |
| Diluted EPS | -$0.04 | -$0.03 | -$0.22 | $0.58 | -$1.54 | -$1.64 | -$0.71 | -$0.34 |
| Operating cash flow | -$4.0M | -$1.2M | -$3.5M | -$10.3M | -$7.9M | -$2.8M | -$27.9M | -$18.5M |
| Free cash flow | — | — | — | -$12.3M | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | 1.9% |
| Operating margin | — | — | — | — | — | — | — | -643.6% |
| Net margin | — | — | — | — | — | — | — | -1175.7% |
Company news
Jul 20, 2026
Jul 13, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.