USA Rare Earth reports Q2 GAAP net loss of $142.7M driven by non-cash items; Stillwater facility on track

USA Rare Earth, Inc.

2025-Q2 EPS reported -$0.99 vs consensus -$0.11 ▼ miss (-839.3%)

Q2 GAAP net loss $142.7M ($1.54/sh) vs $2.8M loss in Q2 2024; adjusted net loss $7.8M ($0.08/sh).
Cash $121.8M at quarter end, $128.1M as of Aug 7; no significant debt.
Stillwater magnet facility on track for Q1 2026 commissioning; 12 MOUs/JDAs signed for ~300 tons annual production.
Successfully extracted gallium and heavy rare earth concentrates from Round Top deposit.
Operating cash burn $7.9M in Q2 vs $4.0M in prior-year quarter.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.