REalloys Q3 net loss widens 19% to $30.54 million
ALOY•REalloys’ third-quarter 2026 net loss widened 19% year over year to $30.54 million, while revenue more than doubled to $413,000. Quarter-end cash was $116.18 million, and remaining SRC development commitments were approximately $56 million.
1. Quarterly results
REalloys’ third-quarter 2026 net loss widened 19% year over year to $30.54 million, primarily driven by $25.3 million in non-cash stock-based compensation. Net revenue more than doubled to $413,000, with sales from the Euclid facility driving growth.
2. Development plans
Quarter-end cash totaled $116.18 million, while remaining SRC development commitments stood at approximately $56 million. Access to North American NdPr metallization capability at SRC is expected beginning in the first quarter of 2027. The planned U.S. magnet platform targets initial annual production of approximately 3,000 tonnes no later than 2030 and requires significant additional financing.
