USA Rare Earth (USAR) Shares Outstanding (Diluted Average) (2023 - 2025)
USA Rare Earth's (USAR) quarterly Shares Outstanding (Diluted Average) came in at $98.0 million in Q4 2025, up 64.64% year-on-year from $59.5 million in Q4 2024, and down 4.45% quarter-over-quarter from $102.6 million in Q3 2025.
USA Rare Earth (USAR) Shares Outstanding (Diluted Average) (2023 - 2025) Analysis & Trends
USA Rare Earth has disclosed Shares Outstanding (Diluted Average) across 3 years of filings, most recently posting $98.0 million for Q4 2025.
- Shares Outstanding (Diluted Average) for Q4 2025 came in at $98.0 million, up 64.64% year-over-year; the trailing twelve-month figure through Dec 2025 was $98.0 million (up 64.64% YoY), and the FY2025 annual result was $98.0 million, up 64.64% from the prior year.
- Shares Outstanding (Diluted Average) came in at $98.0 million for Q4 2025 at USA Rare Earth, down from $102.6 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $102.6 million in Q3 2025 to a low of $6.3 million in Q4 2023.
- The 3-year median for Shares Outstanding (Diluted Average) is $59.5 million (2024), against an average of $68.9 million.
- Across the five-year window, Shares Outstanding (Diluted Average) soared 849.38% in 2024 and surged 39.8% in 2025, its largest moves.
- USA Rare Earth's Shares Outstanding (Diluted Average) stood at $6.3 million in 2023, then jumped by 849.38% to $59.5 million in 2024, then jumped by 64.64% to $98.0 million in 2025.
- The last three Shares Outstanding (Diluted Average) figures came in at $98.0 million (Q4 2025), $102.6 million (Q3 2025), and $92.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 178.02 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 100.00 |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 21.01 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | 98.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 59.43 Mn |
| Jun 30, 2024 | 59.43 Mn |
| Mar 31, 2024 | 59.43 Mn |
| Dec 31, 2023 | 6.27 Mn |