# USA Rare Earth, Inc. (USAR) FY2026 Q2 P&L / Income Statement

- Company: USA Rare Earth, Inc. (USAR)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-10, accession number 0001970622-26-000057
- Page: https://plicit.ai/financials/usar/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/usar-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Geography

Income statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 5,821,000 US dollars
- **Cost of revenue**: 7,404,000 US dollars
- **Gross loss**: negative 1,583,000 US dollars
- **Operating expenses (calculated)**: 44,731,000 US dollars
- **Loss from operations**: negative 46,314,000 US dollars
- **Total other income (expense), net**: 33,838,000 US dollars
- **Loss before income taxes**: negative 12,476,000 US dollars
- **Benefit from income taxes**: negative 513,000 US dollars
- **Net loss**: negative 11,963,000 US dollars
- **UNITED STATES**: 1,742,000 US dollars
- **International**: 4,079,000 US dollars
- **Selling, general and administrative**: 32,607,000 US dollars
- **Research and development**: 10,768,000 US dollars
- **Amortization of intangible assets**: 1,356,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to USA Rare Earth, Inc.: −$10.33 M; to noncontrolling interests: −$1.63 M.