USA Rare Earth (USAR) Net Income (2024 - 2026)
USA Rare Earth (USAR) posted Net Income of -$22.8 million for Q4 2025, down 56.76% sequentially from -$14.6 million in Q3 2025, and down 297.58% YoY from $11.6 million in Q4 2024.
USA Rare Earth (USAR) Net Income (2024 - 2026) Analysis & Trends
USA Rare Earth has reported Net Income for 2 years, with the latest figure at -$22.8 million in Q4 2025.
- Quarterly Net Income fell 297.58% year-over-year to -$22.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$54.1 million (down 246.83% YoY) and the FY2025 annual result came in at -$298.5 million, down 1721.16% from the prior year.
- Net Income fell to -$22.8 million in Q4 2025 per USAR's latest filing, from -$14.6 million in the prior quarter.
- Over five years, Net Income peaked at -$2.1 million in Q3 2024 and troughed at -$22.8 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | 1.47 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | -20.30 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 131.43 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 38.76 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | -11.96 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 25.46 Mn |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | -11.91 Mn |
| 10 | TMC the metals | 2.15 Bn | 2.05 Bn | - | -60.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -11.96 Mn |
| Dec 31, 2025 | -22.84 Mn |
| Sep 30, 2025 | -14.57 Mn |
| Jun 30, 2025 | -8.11 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 |