USA Rare Earth (USAR) Income from Continuing Operations (2024 - 2026)
USA Rare Earth's (USAR) quarterly Income from Continuing Operations came in at -$12.0 million in Q2 2026, up 91.62% year-over-year from -$6.2 million in Q2 2025, and up 47.89% quarter-over-quarter from -$23.0 million in Q4 2025.
Analysis
USA Rare Earth (USAR) Income from Continuing Operations (2024 - 2026) Analysis & Trends
USA Rare Earth has disclosed Income from Continuing Operations across 3 years of filings, most recently posting -$12.0 million for Q2 2026.
- In Q2 2026, Income from Continuing Operations rose 91.62% year-over-year to -$12.0 million; the TTM figure through Jun 2026 stood at -$192.2 million (down 20.72% YoY), while the FY2025 annual figure was -$298.5 million, down 1721.16% from the prior year.
- Income from Continuing Operations came in at -$12.0 million for Q2 2026 at USA Rare Earth, up from -$23.0 million in the prior quarter.
- In the past five years, Income from Continuing Operations ranged from a high of -$2.1 million in Q3 2024 to a low of -$142.7 million in Q2 2025.
- Average Income from Continuing Operations over 3 years is -$24.0 million, with a median of -$8.6 million recorded in 2025.
- Year-over-year, Income from Continuing Operations sank 4582.19% in 2025 and surged 91.62% in 2026.
- Over 3 years, Income from Continuing Operations stood at -$5.7 million in 2024, then tumbled by 299.7% to -$23.0 million in 2025, then jumped by 47.89% to -$12.0 million in 2026.
- Per Business Quant data, the three most recent Income from Continuing Operations figures were -$12.0 million in Q2 2026, -$23.0 million in Q4 2025, and -$14.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -11.96 Mn |
| 2 | Evolution Metals & Technologies | 1.99 Bn | 1.99 Bn | -115,000.00 | -11.91 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 | - | 814.89 Mn |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | -131,125.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.96 Mn |
| Dec 31, 2025 | -22.96 Mn |
| Sep 30, 2025 | -14.57 Mn |
| Jun 30, 2025 | -142.71 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 |