InsiderClue
Stocks · Materials · Metal Mining

USA Rare Earth, Inc.

USAR Clue Score37
United States Fiscal year ends December CIK 0001970622
$12.56 -0.55% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $12.56 +22.90% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 17 Jul 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2024Revenue0.0Operating income−15.6Net income−15.7EPS, diluted−0.40Fiscal year 2025Revenue1.6Operating income−59.5Net income−297.6EPS, diluted−3.31
FY2024FY2025
Revenue 0.0 1.6
Growth
Operating income −15.6 −59.5
Net income −15.7 −297.6
Growth
EPS, diluted −0.40 −3.31

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2024Fiscal year 2025Gross margin11.9%Operating margin−3,621.6%Net margin−18,110.7%Free cash flow margin−5,255.3%
FY2024FY2025
Gross margin n/a 11.9%
Operating margin n/a −3,621.6%
Net margin n/a −18,110.7%
Free cash flow margin n/a −5,255.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2024Operating cash flow−13.0Capital expenditure−3.1Free cash flow−16.1Buybacks−246.9Fiscal year 2025Operating cash flow−49.0Capital expenditure−37.4Free cash flow−86.3
FY2024FY2025
Operating cash flow −13.0 −49.0
Capital expenditure −3.1 −37.4
Free cash flow −16.1 −86.3
Growth
Buybacks −246.9 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2024Cash16.8Shareholders’ equity−17.0Fiscal year 2025Cash359.9Shareholders’ equity494.3
FY2024FY2025
Cash 16.8 359.9
Shareholders’ equity −17.0 494.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a 11.9%
n/a −3,621.6%
n/a −18,179.2%
n/a −18,110.7%
n/a −5,255.3%
Spending
n/a 966.8%
n/a 2,625.4%
n/a 2,273.8%
Returns
n/a −60.2%
−22.8% −42.8%
Balance and payout
21.9% 27.6%