The table below shows USA Rare Earth, Inc.'s income statement line items across its last 2 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
Revenue
$1.64M
$0.00
Cost of revenue
$1.45M
$0.00
Gross profit
$195.00K
$0.00
R&D
$15.88M
$6.34M
SG&A
$43.13M
$9.24M
Operating income
-$59.50M
-$15.59M
Income tax
-$160.00K
$0.00
Net income
-$297.56M
-$15.73M
EPS (diluted)
-$3.31
-$0.40
USAR annual revenue (10-K history)
USA Rare Earth, Inc. reported annual revenue of $1.64M for fiscal year 2025. Figures come from the company's audited annual reports as filed with the SEC.
