profit from every $100 of sales.

USA Rare Earth
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What USA Rare Earth sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $1.64 million in 2025, with -$298 million of profit last year.
USA Rare Earth vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
USA Rare Earth | No profit yet | ||
Teck Resources | 43.7× · Expensive | ||
MP Materials | No profit yet | ||
Nexa Resources | 12.0× · Cheap | ||
Vizsla Silver | No profit yet |
AI analysis
An AI analyst reads USA Rare Earth's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 2 | |
| -0 | -0 | 0 | 0 | |
| -24 | -25 | -16 | -60 | |
| -24 | -24 | -16 | -297 | |
| -24 | -7 | -16 | -298 | |
| -0.40 | -0.12 | -0.29 | -3.31 | |
| – | – | – | 11.9% | |
| – | – | – | -3,621.6% | |
| – | – | – | -18,110.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 67 | 259 | 69 | 695 |
| Cash | 27 | 0 | 17 | 360 |
| Total debt | 1 | 1 | 1 | 3 |
| Total liabilities | 35 | 13 | 36 | 201 |
| 0 | 259 | 30 | 493 | |
| 59 | 59 | 82 | 148 | |
| -2,124.9% | -7.5% | -41.0% | -47.6% | |
| – | -2.9% | -52.2% | -60.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -15 | -22 | -13 | -49 | |
| 5 | 6 | 3 | 37 | |
| -20 | -28 | -16 | -86 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 247 | – | |
| 3 | 1 | 2 | 9 |
Valuation
- –
- –
- –
- 1.5×
- 1,886.8×
- –
- –
- -2.8%
- -9.6%
- 0.0%
Profitability
- 11.9%
- -3,621.6%
- -18,110.7%
- -101.6%
- 5.2%
- -30.0%
- -38.6%
- -19.5%
- 5.2%
- 8.9%
Growth
- –
- –
- −6,073.8%
- –
- +5.0%
Financial health
- -1.2×
- 0.00
- 0.0%
- 4,734.5×
- 36.29
- 35.71
- 0.15
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | -0.12 | -0.16 | +25.0% |
| Mar 30, 2026 | -0.19 | -0.12 | −58.3% |
| Nov 6, 2025 | -0.25 | -0.06 | −316.7% |
| Aug 11, 2025 | -0.08 | -0.13 | +38.5% |
| May 14, 2025 | -0.19 | 0.32 | −159.4% |
| Feb 18, 2025 | -0.02 | – | – |
| Dec 31, 2024 | 0.20 | – | – |
| Jun 30, 2024 | -0.04 | – | – |
News
Every Humanoid Robot Needs Rare-Earth Magnets. Here's the American Stock Positioned to Sell Them -- and It's Down 62%.Yahoo Finance · Nov 7, 2026’Blue tsunami’ batters AI stocks: Is this a rare buy the dip setup?Yahoo Finance · Nov 6, 2026Here's What $5,000 in USA Rare Earth Could Be Worth by 2030 If It Reaches MP Materials' Market CapYahoo Finance · Nov 6, 2026MP Materials Corp (MP) (Q3 2026) Earnings Call Highlights: Rare Earth Output Surges 41% as ...Yahoo Finance · Nov 6, 2026Toyota’s stock rallies after the company lowered sales guidance. Here’s how rare that is.MarketWatch · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about USA Rare Earth
Is USA Rare Earth a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the USA Rare Earth AI analysis
What does USA Rare Earth do?
USA Rare Earth, Inc. operates as a magnet manufacturing company. The Company develops a NdFeB magnet manufacturing, minerals supply, extraction, and processing plant. It is in Industrial Materials, based in Stillwater, OK, United States, with 132 employees.
Does USA Rare Earth pay a dividend?
No. USA Rare Earth does not pay a dividend at the moment.
Is USA Rare Earth stock halal?
Yes. USA Rare Earth passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has USA Rare Earth stock done over the past year?
Down 43.0% over the past twelve months, to $8.27. It traded between $7.42 and $30.70 and is 73.1% below its high.
Who are USA Rare Earth's competitors?
The largest listed companies in the same industry are Teck Resources, MP Materials, Nexa Resources and Vizsla Silver. The peers table on this page compares their profit, growth and price with USA Rare Earth's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



