USA Rare Earth reported total assets of $6952.62M and total liabilities of $2126.34M for the quarter ended Sep 2026. This balance sheet covers 15 quarters of results from Mar 2023 through Sep 2026, standardized by Business Quant from the company’s SEC filings.
| Balance SheetBalance Sheet | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 | Sep2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash & EquivalentsCash & Equiv. | 0.55M | 0.34M | 0.28M | 0.12M | 0.01M | 0.14M | 16.76M | 23.35M | 121.79M | 257.61M | 359.93M | 1,749.64M | 1,530.15M | 1,090.88M | |
| Cash & Current Investments | 0.55M | 0.34M | 0.28M | 0.12M | 0.01M | 0.14M | 16.76M | 23.35M | 121.79M | 257.61M | 359.93M | 1,749.64M | 1,530.15M | ||
| Receivables - NetNet Receivables | 3.76M | 5.69M | 6.27M | 5.47M | |||||||||||
| Receivables - OtherOther Receivables | -1.25M | 0.29M | |||||||||||||
| Receivables | -1.25M | 4.05M | 5.69M | 6.27M | |||||||||||
| Inventory | 18.54M | 28.43M | 50.14M | 88.84M | |||||||||||
| Prepaid Assets | 0.01M | 0.07M | 0.34M | 0.21M | 0.08M | 0.05M | 0.04M | 0.38M | 2.43M | 1.75M | 1.27M | 2.87M | 6.62M | 12.35M | 32.68M |
| Current Assets | 1.08M | 0.71M | 0.50M | 0.27M | 0.06M | 0.22M | 22.27M | 25.78M | 123.55M | 258.88M | 385.38M | 1,790.39M | 1,672.59M | 1,217.86M | |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 26.53M | 26.53M | 30.12M | 33.03M | 40.65M | 86.45M | 118.97M | 146.75M | 745.07M | ||||||
| Long-Term Investments | 252.31M | 255.58M | 258.97M | 262.32M | 265.71M | 269.14M | 24.08M | 22.80M | |||||||
| Goodwill | 134.85M | 134.85M | 134.85M | 134.85M | |||||||||||
| Intangibles | 68.61M | 67.26M | 65.90M | 232.82M | |||||||||||
| Goodwill & Intangibles | 203.46M | 202.10M | 200.75M | ||||||||||||
| Other Non-Current Assets | 0.25M | 4.40M | 0.05M | 0.05M | 0.06M | 0.03M | 0.18M | 0.21M | 912.35M | ||||||
| Non-Current Assets | 252.31M | 255.58M | 258.97M | 262.32M | 265.71M | 269.14M | 46.80M | 51.30M | 56.16M | 64.45M | 309.62M | 344.45M | 1,326.24M | ||
| Assets | 0.26M | 253.39M | 256.29M | 259.47M | 262.59M | 265.77M | 269.36M | 69.07M | 77.08M | 179.70M | 323.33M | 695.00M | 2,134.84M | 2,998.83M | 6,952.62M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payables | 0.17M | 0.23M | 2.03M | 1.82M | 3.11M | 2.24M | 1.83M | 11.07M | 17.08M | 17.37M | 59.47M | ||||
| Notes Payables | 0.07M | 0.70M | 0.83M | 0.13M | 1.85M | ||||||||||
| Payables | 0.24M | 0.23M | 2.73M | 2.65M | 3.24M | 2.24M | 1.83M | 12.92M | 17.08M | 17.37M | |||||
| Accumulated Expenses | 0.17M | 0.15M | 0.20M | 0.23M | 0.43M | 0.57M | 3.07M | 3.83M | 5.13M | 13.42M | 14.07M | 21.36M | 31.68M | 89.38M | |
| Other Accumulated Expenses | 0.03M | 0.04M | 0.01M | 0.01M | 1.37M | 0.38M | |||||||||
| Current Leases | 0.25M | 0.42M | 0.43M | 0.28M | 0.29M | 0.29M | |||||||||
| Current Taxes | 0.10M | ||||||||||||||
| Current Deferred Revenue | 8.20M | 8.20M | 8.20M | 10.50M | 10.38M | 1.33M | 1.85M | ||||||||
| Total Current Liabilities | 0.24M | 0.15M | 0.20M | 0.31M | 0.51M | 0.65M | 2.73M | 6.93M | 7.33M | 8.18M | 15.68M | 37.91M | 49.34M | 51.01M | 183.95M |
| Non-Current Liabilities | |||||||||||||||
| Capital Leases | 0.81M | 0.59M | 0.52M | 0.45M | |||||||||||
| Non-Current Debt | 0.30M | ||||||||||||||
| Non-Current Deferred Revenue | 13.10M | 13.10M | 13.10M | 13.10M | 13.10M | 13.10M | 13.10M | 8.41M | 9.60M | 9.59M | |||||
| Preferred Stock Liabilities | 252.31M | 255.58M | 262.32M | 265.71M | 269.14M | 19.92M | 32.40M | 25.24M | 13.27M | 8.91M | 9.61M | 10.35M | 11.13M | ||
| Minority Interest | 2.64M | 32.40M | 2.29M | 1.97M | 1.65M | 0.57M | -1.06M | ||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 16.72M | 16.18M | 15.67M | 1,055.85M | |||||||||||
| Operating Leases | 0.29M | 0.99M | 0.88M | 0.19M | 0.24M | 2.11M | |||||||||
| Other Non-Current Liabilities | 1.50M | 13.10M | 13.10M | 13.10M | 34.48M | 169.02M | 177.79M | 19.53M | 26.49M | 364.19M | |||||
| Total Non-Current Liabilities | -1.26M | 252.46M | 255.78M | 203.89M | 35.05M | 95.26M | 142.62M | 204.12M | 181.18M | 229.39M | 97.67M | ||||
| Total Liabilities | 0.24M | 265.56M | 268.88M | 216.99M | 223.81M | 230.13M | 229.71M | 35.05M | 129.73M | 311.64M | 381.91M | 200.71M | 255.88M | 461.86M | 2,126.34M |
| Shareholder's Equity | |||||||||||||||
| Total Debt | 0.37M | 0.18M | 0.70M | 0.83M | 0.13M | 1.85M | |||||||||
| Common Equity | 0.02M | -12.17M | -12.58M | 42.48M | 38.78M | 35.64M | 39.66M | 34.02M | -52.66M | -131.93M | -58.58M | 494.29M | 1,878.96M | 2,536.97M | 4,815.16M |
| Liabilities and Shareholders Equity | 0.26M | 253.39M | 256.29M | 259.47M | 262.59M | 265.77M | 269.36M | 69.07M | 77.08M | 179.70M | 323.33M | 695.00M | 2,134.84M | 2,998.83M | |
| Retained Earnings | -0.01M | -12.17M | -12.59M | -12.91M | -13.34M | -13.69M | -15.60M | -72.87M | -37.99M | -180.50M | -337.18M | -387.36M | -454.35M | -464.68M | |
| Preferred Shares | 0.00 | 0.00 | 8.91M | 9.61M | 10.35M |
Pull USA Rare Earth's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=USAR&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "USAR", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=USAR&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();