earnings
confidence high
sentiment positive
materiality 0.80
USA Rare Earth FY2025 operating loss $59.5M; year-end cash $360M; $1.5B PIPE closed
USA Rare Earth, Inc.
- FY2025 operating loss $59.5M, net loss $297.6M ($3.31 diluted EPS); adjusted net loss $80.0M ($0.82/share).
- Year-end cash $359.9M; subsequent $1.5B PIPE closed Jan 2026 boosts balance to ~$1.75B.
- Expects to finalize $1.6B DoC CHIPS award in April 2026 to accelerate mine-to-magnet value chain.
- Acquired Less Common Metals (Nov 2025); commissioning Stillwater magnet Phase 1a in Q2 2026 with 600 MTPA by Q4 2026.
- Agreed to acquire TMRC to consolidate Round Top; new CLO, Global Policy Officer, and board member appointed.