USA Rare Earth Q3 2026 Financial Results & Milestones
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USA Rare Earth Reports Third Quarter 2026 Financial Results and Operational Milestones
Stillwater, Oklahoma, USA - USA Rare Earth, Inc. (Nasdaq: USAR) reported its financial and operational results for the third quarter and nine months ended September 30, 2026. The company highlighted significant milestones, including the closing of the Serra Verde combination, the commencement of commercial magnet sales from its facility in Stillwater, Oklahoma, and the breaking ground on its new metals and magnets facility in Blacksburg, South Carolina.
Financial Highlights
For the third quarter of 2026, USA Rare Earth reported revenues of $3.0 million. The company closed the quarter with a strong cash, cash equivalents, and restricted cash balance of $1.2 billion. Loss from operations for the quarter was $141.4 million, while net income attributable to the company was $11.7 million, with diluted net loss per share at $0.02.
Operational Updates
During the third quarter, the company advanced its integrated rare earth and permanent magnet value chain. Serra Verde completed Stage 1 of its optimization and expansion program and commenced commercial-scale shipments. Additionally, the company produced its first light and heavy rare earth oxide samples at Wheat Ridge, Colorado, and achieved its first commercial sales of neodymium-iron-boron permanent magnets.
