Filing Flows › USA Rare Earth (USAR) › Q2 2026 › vs Q1 2026
USA Rare Earth (USAR) Q2 2026 vs Q1 2026 (quarter over quarter)
USA Rare Earth's revenue rose $123K (+2%) from $5.7M in Q1 2026 to $5.8M in Q2 2026.
USA Rare Earth, Q2 2026: revenue $5.8M, operating margin -795.6%, net loss $12.0M, operating cash flow −$56.9M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $5.8M | $5.7M | $123K | +2% |
| Other income, net | $33.8M | −$32.0M | $65.8M | — |
| Income tax benefit | $513K | $577K | −$64K | -11% |
| Net loss | $12.0M | $68.1M | −$56.1M | -82% |
| Costs & expenses | $52.1M | $74.3M | −$22.2M | -30% |
| Operating costs | $52.1M | $42.4M | $9.8M | +23% |
| Research & development | $10.8M | $14.2M | −$3.5M | -24% |
| General & admin | $32.6M | $21.2M | $11.4M | +54% |
| Other operating costs | $1.4M | $1.4M | −$1K | -0.1% |
| Operating cash sources | $63.9M | $24.1M | $39.9M | +165% |
| Depreciation & amortization | $1.0M | $690K | $322K | +47% |
| Share-based compensation | $6.1M | $4.9M | $1.1M | +23% |
| Cash used in operations | $56.9M | $18.5M | $38.4M | +208% |
| Net loss absorbed | $12.0M | $68.1M | −$56.1M | -82% |
| Working capital & other | $52.0M | −$44.0M | $96.0M | — |
Questions
How much did USA Rare Earth's revenue grow quarter over quarter in Q2 2026?
USA Rare Earth's revenue rose $123K (+2%) from $5.7M in Q1 2026 to $5.8M in Q2 2026.