USA Rare Earth, Inc. financials
Key figures from USA Rare Earth, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Revenue | $6M | $0 | — |
| Net income | -$10M | -$143M | +92.7% |
| Free cash flow | -$127M | -$12M | -938.3% |
| Gross margin | -27.2% | — | — |
| Operating margin | -795.6% | — | — |
| Net margin | -177.5% | — | — |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $2M | -$298M | -18110.7% | -$86M | -$3.31 |
| FY Dec 2024 | $0 | -$16M | — | -$16M | -$0.40 |
All figures from company filings with the SEC.