---
title: "USA Rare Earth Q2 FY26 net loss narrows to $10.33 million; revenue rises to $5.82 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295449126.md"
description: "USA Rare Earth reported a narrowed Q2 FY26 net loss of $10.33 million and revenue of $5.82 million. The company secured up to $1.6 billion in CHIPS Act funding, commissioned its Wheat Ridge facility, selected Blacksburg for a second magnet plant, agreed to acquire Serra Verde for ~$2.8 billion, and announced an October CEO transition."
datetime: "2026-08-10T20:45:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295449126.md)
  - [en](https://longbridge.com/en/news/295449126.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295449126.md)
generator: "portal-rs"
---

# USA Rare Earth Q2 FY26 net loss narrows to $10.33 million; revenue rises to $5.82 million

-   USA Rare Earth posted Q2 GAAP operating loss of USD 46.31 million, widening from USD 8.8 million a year earlier as revenue rose to USD 5.82 million. \* Net loss attributable to shareholders narrowed to USD 10.33 million from USD 142.51 million; diluted loss per share improved to USD 0.05 from USD 1.54. \* Cash and cash equivalents climbed to USD 1.53 billion at June 30 from USD 359.93 million at Dec. 31; six-month operating cash outflow widened to USD 75.32 million. \* Signed definitive CHIPS Act agreements providing access to up to USD 1.6 billion in funding, including up to USD 277 million in federal funding and up to USD 1.3 billion in loan capacity. \* Commissioned Wheat Ridge hydrometallurgical facility, selected Blacksburg, South Carolina for a second magnet plant, agreed to buy Serra Verde for about USD 2.8 billion, CEO transition set for Oct. 1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USA Rare Earth LLC published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**