USA Rare Earth (USAR) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$0.15
- EPS estimate
- −$0.11
- EPS surprise
- −33.93%
- Revenue surprise
- −27.64%
- Revenue
- $5.8M
- Revenue estimate
- $8.0M
- Reported
- Aug 10, 2026
USA Rare Earth reported Q2 2026 results on August 10, 2026. It posted a loss of $0.15 per share, wider than the expected loss of $0.11, a 33.93% miss. Revenue was $5.8 million, about 27% below the $8.0 million consensus. A year earlier, in Q2 2025, the loss was $0.08 per share; the table gives no revenue for that quarter.
The record is short and incomplete. The table holds six quarters from Q4 2024 to Q2 2026, and Q4 2025 is missing, so no full-year totals can be given. Five of the six quarters were losses. The exception was Q1 2025, with EPS of $0.58. The largest loss in the table came in Q3 2025, at $1.64 per share, far wider than the $0.10 expected. Revenue appears only for the two 2026 quarters, at $5.7 million in Q1 and $5.8 million in Q2. Against estimates, USA Rare Earth beat three times, missed twice and matched once.
The company reported Q3 2025 on November 6 last year. If that timing holds, the next report would come in early November 2026. It will show whether revenue grows from the level of the first half and how the quarterly loss compares.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 10, 2026 | −$0.11 | −$0.15 | −33.93% | $5.8M | SEC |
| Q1 2026 | May 13, 2026 | −$0.13 | −$0.12 | +7.69% | $5.7M | SEC |
| Q3 2025 | Nov 6, 2025 | −$0.10 | −$1.64 | −1582.05% | $0.00 | SEC |
| Q2 2025 | Aug 11, 2025 | −$0.10 | −$0.08 | +21.95% | $0.00 | SEC |
| Q1 2025 | May 14, 2025 | −$0.04 | $0.58 | +1550.00% | $0.00 | SEC |
| Q4 2024 | Mar 31, 2025 | $0.00 | −$0.15 | +0.00% | $0.00 | SEC |
Quarterly revenue
Frequently asked questions
When did USA Rare Earth (USAR) last report earnings?
USA Rare Earth last reported on Aug 10, 2026, covering fiscal Q2 2026.
Did USAR beat earnings estimates?
No. USA Rare Earth reported EPS of −$0.15 for Q2 2026 against a −$0.11 estimate — a 33.93% miss.
How much revenue did USAR report last quarter?
USA Rare Earth reported $5.8M in revenue for Q2 2026, against a consensus estimate of $8.0M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.