USA Rare Earth (USAR) EBIT (2024 - 2026)
USA Rare Earth's (USAR) quarterly EBIT came in at -$46.3 million in Q2 2026, down 426.06% year-over-year from $14.2 million in Q2 2025, and down 77.31% quarter-over-quarter from -$26.1 million in Q4 2025.
Analysis
USA Rare Earth (USAR) EBIT (2024 - 2026) Analysis & Trends
USA Rare Earth has disclosed EBIT across 3 years of filings, most recently posting -$46.3 million for Q2 2026.
- In Q2 2026, EBIT fell 426.06% year-over-year to -$46.3 million; the TTM figure through Jun 2026 stood at -$97.1 million (down 282.31% YoY), while the FY2025 annual figure was -$59.5 million, down 281.8% from the prior year.
- EBIT came in at -$46.3 million for Q2 2026 at USA Rare Earth, down from -$26.1 million in the prior quarter.
- In the past five years, EBIT ranged from a high of -$2.0 million in Q3 2024 to a low of -$46.3 million in Q2 2026.
- Average EBIT over 3 years is -$13.5 million, with a median of -$8.7 million recorded in 2025.
- The largest YoY upside for EBIT was 85.57% in 2025 against a maximum downside of 709.65% in 2025.
- Over 3 years, EBIT stood at -$5.9 million in 2024, then tumbled by 341.44% to -$26.1 million in 2025, then tumbled by 77.31% to -$46.3 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$46.3 million in Q2 2026, -$26.1 million in Q4 2025, and -$15.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -46.31 Mn |
| 2 | Evolution Metals & Technologies | 1.99 Bn | 1.99 Bn | -115,000.00 | -12.19 Mn |
| 3 | Niocorp Developments | 126.18 Mn | -180.18 Mn | - | -1.21 Mn |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | -1.35 Mn |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | 782.99 Mn |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | -131,125.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -46.31 Mn |
| Dec 31, 2025 | -26.12 Mn |
| Sep 30, 2025 | -15.86 Mn |
| Jun 30, 2025 | -8.80 Mn |
| Mar 31, 2025 | -8.72 Mn |
| Dec 31, 2024 | -5.92 Mn |
| Sep 30, 2024 | -1.96 Mn |
| Jun 30, 2024 | -3.01 Mn |
| Mar 31, 2024 | -4.70 Mn |