USA Rare Earth (USAR) EBT (2024 - 2025)
USA Rare Earth's (USAR) quarterly EBT came in at -$23.0 million in Q4 2025, down 299.7% year-on-year from $11.5 million in Q4 2024, and down 57.6% quarter-over-quarter from -$14.6 million in Q3 2025.
USA Rare Earth (USAR) EBT (2024 - 2025) Analysis & Trends
USA Rare Earth has disclosed EBT across 2 years of filings, most recently posting -$23.0 million for Q4 2025.
- EBT for Q4 2025 came in at -$23.0 million, down 299.7% year-over-year; the trailing twelve-month figure through Dec 2025 was -$54.2 million (down 247.23% YoY), and the FY2025 annual result was -$298.7 million, down 1722.13% from the prior year.
- EBT came in at -$23.0 million for Q4 2025 at USA Rare Earth, down from -$14.6 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$2.1 million in Q3 2024 to a low of -$23.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 645.72 Bn | 645.67 Bn | - | - |
| 2 | Bhp | 449.56 Bn | 440.04 Bn | - | - |
| 3 | Skeena Resources | 19.00 Bn | 18.98 Bn | - | 76.17 Mn |
| 4 | MP Materials | 10.74 Bn | 8.15 Bn | 16.40 Mn | -13.64 Mn |
| 5 | Ioneer | 10.43 Bn | 10.41 Bn | - | - |
| 6 | Iperionx | 7.54 Bn | 7.49 Bn | - | - |
| 7 | Materion | 5.73 Bn | 5.71 Bn | 81.84 Mn | 20.91 Mn |
| 8 | Sigma Lithium | 4.46 Bn | 4.46 Bn | 25.57 Mn | 15.42 Mn |
| 9 | Americas Gold & Silver | 4.39 Bn | 4.26 Bn | 16.76 Mn | -33.89 Mn |
| 10 | USA Rare Earth | 2.41 Bn | 2.42 Bn | - | -22.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -22.96 Mn |
| Sep 30, 2025 | -14.57 Mn |
| Jun 30, 2025 | -8.05 Mn |
| Mar 31, 2025 | -8.62 Mn |
| Dec 31, 2024 | -5.74 Mn |
| Sep 30, 2024 | -2.14 Mn |
| Jun 30, 2024 | -3.05 Mn |
| Mar 31, 2024 | -4.67 Mn |