# USA Rare Earth, Inc. (USAR) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | -$60M |
| 2024 | -$16M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-03-31 | -$37M |
| 2025-03-31 | -$9M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/USAR/operating-income)