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USAR logoUSA Rare Earth Inc (USAR) Earnings History

Annual and quarterly earnings data from 2022 to 2024

TTM Net Income
-$246M
Net Loss
TTM EPS
$-2.40
Diluted
YoY EPS Growth
+39.3%
Excellent
Net Margin
N/A
Profitability
Operating MarginN/A
Gross MarginN/A
ROE6.5%
ROA6.2%
Highest Annual Net Income$9M (2024)
Highest Quarterly EPS$0.58 (Q1 2025)
Consecutive Profitable Years2 years
Q3 2025
Net Income-$157M
EPS$-1.64
QoQ Growth-9.9%Slow

Loading earnings history...

USAR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+39.3%
Excellent
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

USAR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
2024---
2023---
2022---
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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USA Rare Earth Inc (USAR) Earnings Overview

As of May 8, 2026, USA Rare Earth Inc (USAR) reported trailing twelve-month net income of -$246M, reflecting +39.3% year-over-year growth. The company earned $-2.40 per diluted share over the past four quarters.

Looking at the long-term picture, USAR's historical earnings data spans multiple years. The company achieved its highest annual net income of $9M in fiscal 2024, representing a new all-time high.

USA Rare Earth Inc is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including MP (-$71M net income, -31.2% margin), UUUU (-$70M net income, -129.9% margin), NB (-$55M net income), USAR has comparable earnings metrics. Compare USAR vs MP →

USAR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
USAR logoUSARCurrent
-$246M$-2.40-6.5%+39.3%—
MP logoMP
-$71M--31.2%-5.0%+12.3%
UUUU logoUUUU
-$70M$-0.30-129.9%-14.1%-32.1%
NB logoNB
-$55M$-0.47--102.9%-16.1%
AMRK logoAMRK
$12M$0.490.2%2.5%-75.0%
LAC logoLAC
-$241M$-1.01--6.1%-757.1%
Best in group
Lowest in group

USAR Historical Earnings Data (2022–2024)

3 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$9M+30.4%-$4M$0.39--
2023$7M+128.3%-$1M$0.28--
2022-$24M--$24M$-0.28--

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Compare USAR vs LIN

Side-by-side business, growth, and profitability comparison vs Linde plc.

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USAR — Frequently Asked Questions

Quick answers to the most common questions about buying USAR stock.

Is USAR growing earnings?

USAR EPS is $-2.40, with earnings growth accelerating to +39.3%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-246M.

What are USAR's profit margins?

USA Rare Earth Inc net margin is N/A, with operating margin at N/A. Below-average margins reflect competitive or cost pressures.

How consistent are USAR's earnings?

USAR earnings data spans 2022-2024. The accelerating earnings trend is +39.3% YoY. Historical data enables comparison across business cycles.

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USAR Earnings Over Time (2022–2024)

Net income and EPS trends