USA Rare Earth (USAR) EBITDA (2024 - 2026)
USA Rare Earth (USAR) posted EBITDA of -$26.1 million for Q4 2025, down 64.68% sequentially from -$15.9 million in Q3 2025, and down 341.44% YoY from $10.8 million in Q4 2024.
USA Rare Earth (USAR) EBITDA (2024 - 2026) Analysis & Trends
USA Rare Earth has reported EBITDA for 2 years, with the latest figure at -$26.1 million in Q4 2025.
- Quarterly EBITDA fell 341.44% year-over-year to -$26.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$59.5 million (down 281.8% YoY) and the FY2025 annual result came in at -$59.5 million, down 281.8% from the prior year.
- EBITDA slipped to -$26.1 million in Q4 2025 per USAR's latest filing, from -$15.9 million in the prior quarter.
- Over five years, EBITDA peaked at -$2.0 million in Q3 2024 and troughed at -$26.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 5,035.17 |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -10.34 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 18.87 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 51.71 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 35.81 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -46.31 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | -12.19 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 285.90 Mn |
Historic Data
Download 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 |