USAR · USA Rare Earth, Inc. Class A
USA Rare Earth Inc (USAR)
What's happening
- USAR is down 0.54% today, trading at $17.60. — Live quote
- Volume today (810,632) is well below its 3-month average of 14,287,280. (Finnhub fundamentals)
- Last quarter's EPS missed estimates: $-0.15 actual vs. $-0.13 estimated (-17.6%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $4.46B | $2.98B | $1.64B | $1.01B | $521.0M |
| P/E | -11.84 | -9.49 | -6.59 | -10.65 | 12.15 |
| EV/EBITDA | -27.72 | -17.88 | -39.67 | — | — |
| ROA | -12.56% | -14.72% | -77.08% | -52.94% | 55.65% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E and PEG aren't shown here — both need historical analyst-consensus estimates, which no free source provides; see the current-period figures above instead.
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-14. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Signals describe daily price patterns—not the company’s value and not a recommendation to buy or sell. Read several together; no single indicator predicts what happens next. “Overbought” and “oversold” are conditions, not promises of a reversal.
Indicators None active
Free IEX historical data only goes back to ~2021 — 5Y/Full show whatever's actually available, not a promise of that much history. Indicators are computed client-side from these same price bars; earnings markers ("E") come from Finnhub's free tier (~last 4 quarters + next upcoming) — older quarters aren't available. The move-highlight dots are a heuristic (|% change| vs rolling volatility) with a best-effort headline lookup, not a claim of causation.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Trailing 52-week price return is +25.4%. Finnhub market metrics ↗
Potential concerns
- Latest SEC filing is Form 8-K, filed 2026-09-04; review it for current changes and risks. SEC EDGAR ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on USAR
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.8M | $5.7M | — | $0 | $0 | — | — | — |
| Gross profit | -$1.6M | $106.0K | — | $0 | $0 | — | — | — |
| Operating income | -$46.3M | -$36.7M | -$15.9M | -$8.8M | -$8.7M | -$2.0M | -$3.0M | -$4.7M |
| Net income | -$10.3M | -$67.0M | -$156.7M | -$142.5M | $51.8M | -$1.9M | -$2.6M | -$4.5M |
| EPS (diluted) | $-0.05 | $-0.34 | $-1.64 | $-1.54 | $0.58 | $-0.03 | $-0.04 | $-0.11 |
| EPS (basic) | $-0.05 | $-0.34 | $-1.64 | $-1.54 | $0.75 | $-0.03 | $-0.04 | $-0.11 |
| Operating margin | -$796 | -$644 | — | — | — | — | — | — |
| Net margin | -$178 | -$1.2K | — | — | — | — | — | — |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.00B | $2.13B | $695.0M | $323.3M | $179.7M | $77.1M | $69.1M | $269.4M |
| Total liabilities | $451.5M | $246.3M | $191.8M | $368.6M | $286.4M | $97.3M | $15.1M | $15.8M |
| Stockholders' equity | — | — | — | — | — | — | -$17.0M | -$15.6M |
| Total current assets | $1.67B | $1.79B | $385.4M | $258.9M | $123.5M | $25.8M | $22.3M | $222.9K |
| Total current liabilities | $51.0M | $49.3M | $37.9M | $15.7M | $8.2M | $7.3M | $6.9M | $2.7M |
| Cash & equivalents | $1.53B | $1.75B | $359.9M | $257.6M | $121.8M | $23.4M | $16.8M | $141.2K |
| Inventory | $50.1M | $28.4M | $18.5M | — | — | — | $0 | — |
| Other current assets | $73.7M | — | $286.0K | — | — | — | — | — |
| Marketable securities (non-current) | — | — | — | — | — | — | $24.1M | — |
| Property, plant & equipment | $145.8M | $118.0M | $85.4M | $39.5M | $31.9M | $30.1M | $26.5M | — |
| Goodwill | $134.8M | $134.8M | $134.8M | — | — | — | $0 | — |
| Intangible assets | $65.9M | $67.3M | $68.6M | — | — | — | — | — |
| Other non-current assets | $255.0K | $207.0K | $176.0K | $33.0K | $56.0K | $52.0K | $52.0K | — |
| Accounts payable | $17.4M | $17.1M | $11.1M | $1.8M | $2.2M | $3.1M | $1.8M | — |
| Accrued liabilities | $31.7M | $21.4M | $14.1M | $13.4M | $5.1M | $3.8M | $3.1M | — |
| Deferred revenue (current) | $1.3M | $10.4M | $10.5M | — | — | — | $0 | — |
| Other current liabilities | — | — | $0 | $0 | $383.0K | $13.0K | $13.0K | — |
| Common stock & paid-in capital | $24.0K | $22.0K | $15.0K | $11.0K | $10.0K | $8.0K | $6.0K | — |
| Retained earnings | -$464.7M | -$454.3M | -$387.4M | -$337.2M | -$180.5M | -$38.0M | -$72.9M | -$15.6M |
| Accumulated other comprehensive income (loss) | -$927.0K | -$200.0K | $130.0K | — | — | — | $0 | — |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$56.9M | -$18.5M | -$27.9M | -$2.8M | -$7.9M | -$10.3M | -$3.5M | -$1.2M |
| Investing cash flow | -$69.7M | -$38.6M | -$126.2M | -$7.1M | -$3.2M | -$3.0M | -$816.0K | -$1.4M |
| Financing cash flow | -$27.8M | $1.45B | $256.4M | $145.8M | $109.6M | $20.0M | -$1.9M | $22.3M |
| Free cash flow | — | — | — | — | — | -$12.3M | — | — |
| Capital expenditures | — | — | — | — | — | $2.0M | — | — |
| Depreciation & amortization | $1.0M | $690.0K | $730.0K | $170.0K | $169.0K | $33.0K | $235.0K | $66.0K |
| Share-based compensation | $6.1M | $4.9M | $4.5M | $3.0M | $0 | $1.3M | $1.5M | $158.0K |
| Change in accounts receivable | $579.0K | $1.9M | $599.0K | — | $0 | $0 | $0 | — |
| Change in inventory | $21.7M | $4.7M | $3.2M | — | $0 | $0 | $0 | — |
| Change in accounts payable | $2.2M | $5.3M | -$2.1M | -$618.0K | -$1.2M | -$1.6M | $146.0K | $849.0K |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Other investing activities | — | — | $0 | $0 | — | — | -$35.0K | $213.0K |
| Share repurchases | — | — | — | — | — | — | $246.9M | — |
Income statement
| Line item | Dec '25 | Dec '24 |
|---|---|---|
| Revenue | $1.6M | $0 |
| Gross profit | $195.0K | $0 |
| Operating income | -$59.5M | -$15.6M |
| Net income | -$297.6M | -$15.7M |
| EPS (diluted) | $-3.31 | $-0.40 |
| EPS (basic) | $-3.31 | $-0.40 |
| Operating margin | -$3.6K | — |
| Net margin | -$18.1K | — |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 |
|---|---|---|---|
| Total assets | $695.0M | $69.1M | $259.5M |
| Total liabilities | $191.8M | $15.1M | $13.4M |
| Stockholders' equity | — | -$17.0M | -$12.9M |
| Total current assets | $385.4M | $22.3M | $499.7K |
| Total current liabilities | $37.9M | $6.9M | $310.0K |
| Cash & equivalents | $359.9M | $16.8M | $275.7K |
| Inventory | $18.5M | $0 | — |
| Marketable securities (non-current) | — | $24.1M | $259.0M |
| Property, plant & equipment | $85.4M | $26.5M | — |
| Goodwill | $134.8M | $0 | $0 |
| Intangible assets | $68.6M | — | — |
| Other non-current assets | $176.0K | $52.0K | — |
| Accounts payable | $11.1M | $1.8M | — |
| Accrued liabilities | $14.1M | $3.1M | $235.0K |
| Deferred revenue (current) | $10.5M | $0 | — |
| Other current liabilities | $0 | $13.0K | — |
| Common stock & paid-in capital | $15.0K | $6.0K | — |
| Retained earnings | -$387.4M | -$72.9M | -$12.9M |
| Accumulated other comprehensive income (loss) | $130.0K | $0 | — |
Cash flow
| Line item | Dec '25 | Dec '24 |
|---|---|---|
| Operating cash flow | -$49.0M | -$13.0M |
| Investing cash flow | -$139.6M | -$3.3M |
| Financing cash flow | $531.7M | $19.8M |
| Depreciation & amortization | $763.0K | $235.0K |
| Share-based compensation | $8.8M | $1.7M |
| Change in accounts receivable | $599.0K | $0 |
| Change in inventory | $3.2M | $0 |
| Change in accounts payable | -$5.5M | $1.1M |
| Other investing activities | $0 | $178.0K |
| Share repurchases | — | $246.9M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding USAR as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Source: Business Quant SEC Form 13F · report period 2026-06-30 · 31 filers
| Filer | Shares | Value | % Out | Qtr Change | Filed |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15,560,453 | $335.8M | 6.76% | +10.5% | 2026-08-07 |
| State Street Corp | 13,522,226 | $291.8M | 5.88% | +12.1% | 2026-08-07 |
| Alyeska Investment Group, L.P. | 11,290,321 | $243.6M | 4.91% | -31.9% | 2026-08-14 |
| UBS Group AG | 8,913,844 | $192.4M | 3.87% | +129.5% | 2026-08-13 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 8,913,480 | $192.4K | 3.87% | +178.3% | 2026-08-14 |
| VANGUARD CAPITAL MANAGEMENT LLC | 8,240,608 | $177.8M | 3.58% | -1.5% | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5,495,447 | $118.6M | 2.39% | +290.4% | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 4,858,203 | $104.9M | 2.11% | +12.5% | 2026-08-12 |
| Bayshore Capital Advisors, LLC | 4,438,785 | $95.8M | 1.93% | -49.2% | 2026-07-22 |
| RENAISSANCE TECHNOLOGIES LLC | 3,951,100 | $85.3M | 1.72% | +313.6% | 2026-08-13 |
| Hood River Capital Management LLC | 3,688,848 | $79.6M | 1.60% | -13.1% | 2026-08-06 |
| Marex Group Ltd | 2,142,369 | $46.2M | 0.93% | +48.2% | 2026-08-14 |
| REAVES W H & CO INC | 2,000,000 | $43.2M | 0.87% | -13.8% | 2026-07-30 |
| Jpmorgan Chase & Co | 1,983,632 | $41.9M | 0.86% | +729.6% | 2026-08-12 |
| CITADEL ADVISORS LLC | 1,754,650 | $37.9M | 0.76% | +87.6% | 2026-08-14 |
| Northern Trust Corp | 1,589,753 | $34.3M | 0.69% | +16.3% | 2026-08-12 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,518,322 | $32.8M | 0.66% | +4.7% | 2026-08-14 |
| Sixth Street Partners Management Company, L.P. | 1,518,322 | $32.8M | 0.66% | +0.0% | 2026-08-13 |
| Bank Of America Corp /De/ | 1,518,145 | $32.8M | 0.66% | +6.7% | 2026-08-14 |
| Capital World Investors | 1,500,240 | $32.4M | 0.65% | +3.6% | 2026-08-07 |
| ALLIANCEBERNSTEIN L.P. | 1,360,770 | $20.6M | 0.59% | -4.3% | 2026-08-14 |
| Morgan Stanley | 1,289,496 | $27.8M | 0.56% | +5.3% | 2026-08-11 |
| VANGUARD FIDUCIARY TRUST CO | 1,288,343 | $27.8M | 0.56% | +9.2% | 2026-06-30 |
| ALTFEST L J & CO INC | 1,260,525 | $27.2M | 0.55% | +7.8% | 2026-07-30 |
| Citigroup Inc | 1,241,161 | $26.8M | 0.54% | -21.2% | 2026-08-03 |
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-01-29 to 2026-07-07
Recent transactions
- Insiders have net sold 13,000 shares over the last 182 days, across 0 purchases and 1 sale.
- Most recent: Caulfield Thomas (Director) — Grant / award of 271 shares on 2026-07-07.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Caulfield Thomas | Director | Grant / award | 2026-07-07 | 271 |
| Trabuco Carolyn | Director | Open market sale | 2026-06-08 | 13,000 |
| Steele William Robert Jr | Chief Financial Officer | Tax withholding | 2026-05-21 | 33,825 |
| BLITZER MICHAEL | Director | Option exercise | 2026-05-20 | 12,284 |
| Kern Paul J | Director | Option exercise | 2026-05-20 | 18,199 |
| Senft Michael F | Director | Option exercise | 2026-05-20 | 18,199 |
| Gutnick Mordechai Zev | Director | Option exercise | 2026-05-20 | 18,199 |
| SCHWETHELM OTTO C | Director | Option exercise | 2026-05-20 | 18,199 |
| Kronenfeld David Thomas | Chief Legal Officer | Other acquisition/disposition | 2026-02-12 | 6,977 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-07-07 | Caulfield Thomas | Director | Grant / award | 271 | $0.00 |
| 2026-06-08 | Trabuco Carolyn | Director | Open market sale | 13,000 | $22.77 |
| 2026-06-03 | Caulfield Thomas | Director | Grant / award | 407 | $0.00 |
| 2026-06-03 | Caulfield Thomas | Director | Option exercise | 2,548 | $0.00 |
| 2026-05-21 | Steele William Robert Jr | Chief Financial Officer | Tax withholding | 33,825 | $22.57 |
| 2026-05-20 | BLITZER MICHAEL | Director | Option exercise | 12,284 | $0.00 |
| 2026-05-20 | BLITZER MICHAEL | Director | Option exercise | 18,199 | $0.00 |
| 2026-05-20 | Steele William Robert Jr | Chief Financial Officer | Option exercise | 45,496 | $22.57 |
| 2026-05-20 | Steele William Robert Jr | Chief Financial Officer | Option exercise | 30,331 | $22.57 |
| 2026-05-20 | Kern Paul J | Director | Option exercise | 18,199 | $22.57 |
| 2026-05-20 | Kern Paul J | Director | Option exercise | 12,284 | $22.57 |
| 2026-05-20 | Senft Michael F | Director | Option exercise | 18,199 | $22.57 |
| 2026-05-20 | Senft Michael F | Director | Option exercise | 12,284 | $22.57 |
| 2026-05-20 | Gutnick Mordechai Zev | Director | Option exercise | 18,199 | $22.57 |
| 2026-05-20 | Gutnick Mordechai Zev | Director | Option exercise | 12,284 | $22.57 |
| 2026-05-20 | SCHWETHELM OTTO C | Director | Option exercise | 18,199 | $22.57 |
| 2026-05-20 | SCHWETHELM OTTO C | Director | Option exercise | 12,284 | $22.57 |
| 2026-05-20 | Trabuco Carolyn | Director | Option exercise | 18,199 | $22.57 |
| 2026-05-20 | Trabuco Carolyn | Director | Option exercise | 12,284 | $22.57 |
| 2026-05-15 | Kern Paul J | Director | Grant / award | 11,211 | — |
| 2026-05-15 | Gutnick Mordechai Zev | Director | Grant / award | 939,618 | — |
| 2026-04-15 | Gutnick Mordechai Zev | Director | Grant / award | 939,618 | — |
| 2026-04-15 | Kern Paul J | Director | Grant / award | 11,211 | — |
| 2026-02-12 | Kronenfeld David Thomas | Chief Legal Officer | Other acquisition/disposition | 6,977 | $21.50 |
| 2026-01-29 | Trabuco Carolyn | Director | Open market purchase | 1,300 | $22.60 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-09-05 15:03 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-09-04 | 8-K | 2026-09-03 | View on SEC.gov → |
| 2026-08-31 | 8-K | 2026-08-28 | View on SEC.gov → |
| 2026-08-24 | 8-K | 2026-08-21 | View on SEC.gov → |
| 2026-08-21 | 4 | 2026-08-19 | View on SEC.gov → |
| 2026-08-10 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-10 | 8-K | 2026-08-10 | View on SEC.gov → |
| 2026-08-07 | 8-K | 2026-08-07 | View on SEC.gov → |
| 2026-07-23 | 8-K | 2026-07-22 | View on SEC.gov → |
| 2026-07-20 | 4 | 2026-07-19 | View on SEC.gov → |
| 2026-07-20 | 8-K | 2026-07-19 | View on SEC.gov → |
| 2026-07-16 | 8-K | 2026-07-16 | View on SEC.gov → |
| 2026-07-07 | 4 | 2026-07-07 | View on SEC.gov → |
Recent news
Headlines about USAR (USA Rare Earth, Inc. Class A). Links open the publisher — we don’t host full articles.
-
Here's Why USA Rare Earth Is a Buy Before Its Next Earnings Report
Yahoo Finance · 2026-09-05 -
CRML, UUUU, USAR, ALOY, GLND: Greenland’s Rare-Earth Trade Draws Investors As Trump Revives Arctic Ambitions
Stocktwits · 2026-09-05 -
Legal & General Group Plc Purchases Shares of 146,306 USA Rare Earth Inc. $USAR
MarketBeat · 2026-09-05 -
What Could USA Rare Earth (USAR) Gain From Its New Leadership Team?
simplywall.st · 2026-09-05 -
USAR S-3 Filings - USA Rare Earth Inc SEC S-3
Stock Titan · 2026-09-04 -
USA Rare Earth Announces Secondary Offering Of 126,476,950 Shares Of Common Stock
Benzinga · 2026-09-04 -
USA Rare Earth Announces Primary Offering Of $1.25B In Securities
Benzinga · 2026-09-04 -
USAR Stock In Focus: USA Rare Earth Expands European Footprint With Major France Investment
Stocktwits · 2026-09-04
No headlines in this category right now — try “All”.