USA Rare Earth, Inc.
USAR Nasdaq· Metal Mining
Last close · Oct 26, 2026
$8.91
KIRA · Stoqly’s AI analyst, in plain words
- USA Rare Earth, Inc. had $1.6M of revenue in fiscal 2025.
- Its operating margin was −3,621.6%: of every 100 in sales, about −3,622 is left after running the business.
- USA Rare Earth, Inc. lost $298M in fiscal 2025.
- Free cash flow was −$86.3M in fiscal 2025, −5,255.3% of revenue.
Market cap
$2.1B
P/E
—
Revenue
$1.6M
Net income
−$298M
Free cash flow
−$86.3M
Operating margin
−3,621.6%
USA Rare Earth, Inc. in 30 seconds · fiscal 2025
Does it make a profit?
−18,110.7%
No. It lost money last year.
Does profit turn into cash?
−5,255.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What USA Rare Earth, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 30, 2026
- Legal name
- USA Rare Earth, Inc.
- CIK
- 0001970622
USA Rare Earth, Inc. · USAR
Results and finances
The last 2 fiscal years. Amounts in USD.
| Fiscal year | FY24 | FY25 |
|---|---|---|
| Sales and profit | ||
| Revenue | $0.0M | $1.6M |
| Gross margin | — | 11.9% |
| Operating margin | — | −3,621.6% |
| Net income | −$15.7M | −$298M |
| Net margin | — | −18,110.7% |
| Diluted EPS | −$0.40 | −$3.31 |
| Cash | ||
| Cash from operations | −$13.0M | −$49.0M |
| Capital expenditure | $3.1M | $37.4M |
| Free cash flow | −$16.1M | −$86.3M |
| FCF margin | — | −5,255.3% |
| Share buybacks | $247M | — |
| Share count change | — | 64.6% |
| Debt and strength | ||
| Cash and short-term investments | $16.8M | $360M |
| Shareholders' equity | −$17.0M | $494M |
| Current ratio | 3.2x | 10.2x |
| Returns and quality | ||
| Return on equity | — | −124.7% |
| Return on tangible equity | — | −102.3% |
| Piotroski F-score | — | 3 |
| Altman Z'' | −4.7 | 3.6 |
Insiders bought, 12 months
$2.2M
2 insiders
Insiders sold, 12 months
$1.5M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
USA Rare Earth, Inc. · USAR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.91 a share, the company is worth $2.1B.
Source: SEC EDGAR XBRL filings (CIK 0001970622). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.