REalloys Q2 FY26 net loss widens to $36.82 million; revenue rises to $804,000

Commissioning for a heavy rare earth metallization facility remained targeted for Q1 2028, with initial operations targeted for H1 2028.

General and administrative expense jumped to $36.03 million, up 3,312%, driven by $32.1 million of stock-based compensation.

Cash and cash equivalents climbed to $122.36 million as of June 30, 2026, following a $100 million gross private placement.

REalloys posted a net loss of $36.82 million for the quarter ended June 30, 2026, widening 1,574% year over year.

Revenue rose to $804,000, up 82.73% year over year, while operating loss widened to $36.8 million, up 3,980%.