The Tip Desk

USA Rare Earth, Inc.

Company Stats

Market Cap
$3.4B
as of Sep 30, 2026
Shares Outstanding
244.7M
Free Float
68.5%

Income Statement

Revenue
$1.6M
Operating Income
-$59.5M
Net Income
-$297.6M
EBITDA
-$58.7M

Cash Flow

Free Cash Flow
-$86.3M
FCF Yield
-2.5%
Owner FCF Yield
-2.8%

Balance Sheet

Cash & Equivalents
$359.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.6M-$86.3M-5255.3%
FY2024$0-$16.1M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage