USA Rare Earth (USAR) Shares Outstanding (Diluted) (2023 - 2026)
USA Rare Earth (USAR) recorded Shares Outstanding (Diluted) of 230.08 million in Q2 2026, up 148.0% from 92.77 million a year earlier.
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Analysis
USA Rare Earth (USAR) Shares Outstanding (Diluted) (2023 - 2026) Analysis & Trends
For FY2025, USA Rare Earth reported Shares Outstanding (Diluted) of 98.02 million, up 64.6% from FY2024.
- Across earlier years, Shares Outstanding (Diluted) came in at 59.54 million in FY2024 (+146.1%) and 24.19 million in FY2023.
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 1.64 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 503.43 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 228.50 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 766.00 Mn |
| 10 | USA Rare Earth | 3.44 Bn | 3.44 Bn | -1.58 Mn | 230.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 230.08 Mn |
| Dec 31, 2025 | 98.02 Mn |
| Sep 30, 2025 | 102.59 Mn |
| Jun 30, 2025 | 92.77 Mn |
| Mar 31, 2025 | 83.08 Mn |
| Dec 31, 2024 | 59.54 Mn |
| Sep 30, 2024 | 59.50 Mn |
| Jun 30, 2024 | 59.43 Mn |
| Mar 31, 2024 | 31.25 Mn |
| Dec 31, 2023 | 24.19 Mn |
API Access
USA Rare Earth Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=USAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "USAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=USAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();