---
title: "USA Rare Earth (USAR.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/USAR.US/norm.md"
symbol: "USAR.US"
name: "USA Rare Earth"
parent: "https://longbridge.com/en/quote/USAR.US.md"
datetime: "2026-03-04T12:19:42.284Z"
locales:
  - [en](https://longbridge.com/en/quote/USAR.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/USAR.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/USAR.US/norm.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/USAR.US/norm.md) | [繁體中文](https://longbridge.com/zh-HK/quote/USAR.US/norm.md)


# USA Rare Earth (USAR.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -1.64 | -1.65 | 0.5732 | -0.1023 | -0.0314 |
| ROE | 690.12% | 651.53% | -1744.38% | 333.04% | 13.35% |
| Revenue | - | - | - | - | - |
| Net income | -168.02M | -154.22M | 51.83M | -9.69M | -1.87M |
| Operating income | -15.86M | -8.80M | -8.72M | -5.92M | -1.96M |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| Profit quality | - | - | - | - | - |

## Balance Sheet (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 323.32M | 179.70M | 77.08M | 69.07M | 72.61M |
| Leverage | -7.14 | -1.68 | -3.80 | 1.28 | 1.22 |
| BVPS | -0.5320 | -1.40 | -0.6729 | 0.3313 | -0.2404 |
| Turnover | - | - | - | - | - |
| Cash & STI | 257.61M | 121.79M | 23.35M | 16.76M | 22.99M |
| Inv & Rec | - | - | - | - | - |
| LT assets | 58.34M | 50.55M | 47.67M | 43.65M | 40.67M |
| Net debt | -256.30M | -120.38M | -21.88M | -15.91M | -22.17M |

## Cash Flow Statement (USD)

| Indicator | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -2.85M | -7.91M | -10.33M | -3.50M | -1.21M |
| Investing CF | -7.10M | -3.25M | -3.05M | -816000.00 | -1.41M |
| Financing CF | 145.77M | 109.60M | 19.97M | -1.91M | 22.32M |
| Free CF | -5.81M | -7.07M | -3.15M | -6.17M | -1.00M |
| OCF coverage | -40.12% | -243.58% | -338.66% | -429.41% | -100.75% |
| Repaid & issued | 289000.00 | - | - | - | - |
| CapEx | -7.10M | -3.25M | -3.05M | -816000.00 | -1.20M |