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

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

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

Revenue

11,519,000 US dollars

Cost of revenue

12,996,000 US dollars

Gross loss

negative 1,477,000 US dollars

Operating expenses (calculated)

81,512,000 US dollars

Loss from operations

negative 82,989,000 US dollars

Total other income (expense), net

1,868,000 US dollars

Loss before income taxes

negative 81,121,000 US dollars

Benefit from income taxes

negative 1,090,000 US dollars

Net loss

negative 80,031,000 US dollars

UNITED STATES

2,702,000 US dollars

International

8,817,000 US dollars

Selling, general and administrative

53,782,000 US dollars

Research and development

25,017,000 US dollars

Amortization of intangible assets

2,713,000 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.: −$77.32 M; to noncontrolling interests: −$2.71 M.