Form 8-K · Current Report · Filed 2026-08-10
USA Rare Earth Reports Q2 2026 Financial Results and Key Business Developments
USA Rare Earth, Inc. reported its financial results for the second quarter and six months ended June 30, 2026, with revenues of $5.8 million and a net loss of $10.3 million. The company announced several key business developments, including the acquisition of Serra Verde Group for approximately $2.8 billion, definitive agreements with the U.S. Department of Commerce for up to $1.6 billion in funding, and the selection of South Carolina for a new magnet manufacturing facility. USA Rare Earth also commissioned its hydrometallurgical facility in Colorado and expanded its operations in France. Additionally, the company announced the retirement of CEO Barbara Humpton, to be succeeded by Thras Moraitis, current CEO of Serra Verde, effective October 1, 2026.
- Filer
- USA Rare Earth, Inc. USAR · NASDAQ
- Filed
- Accession
- 0001970622-26-000056
- CIK
- 0001970622
- Signal
- High impactBasic Materials
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$19.33
Next session
-2.2%
Since filing
-6.9%
Latest close
$17.99
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from USAR reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, USAR insiders reported 4 Form 4 transactions — flat net activity.
About USA Rare Earth, Inc.
USA Rare Earth, Inc. is a materials company focused on mining, processing, and supplying rare earth elements and other critical minerals. The company concentrates on heavy rare earth elements and the production of permanent magnets, key inputs for advanced technologies and electrified systems. Its activities span a vertically integrated value chain, from resource development at the Round Top deposit in Texas to downstream processing and magnet manufacturing in the United States and selected international locations. USA Rare Earth’s products are used across sectors such as defense, electric vehicles, renewable energy, semiconductors, data centers, industrial automation, and healthcare. By emphasizing domestic and allied-sourced materials and magnet production, the company plays a significant role in efforts to diversify and secure supply chains for critical minerals that underpin modern electronics, energy transition technologies, and strategic industries. Founded in 2019 and headquartered in Stillwater, Oklahoma, USA Rare Earth operates within the broader materials sector as a specialized provider of rare earth–based inputs to manufacturers and system integrators globally.
Never miss another USAR filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.