USA Rare Earth reports Q3 2026 revenue of $3 million
USAR•USA Rare Earth reported third-quarter 2026 revenue of $3 million and year-to-date revenue of $14.5 million, with approximately $1.2 billion in cash, cash equivalents and restricted cash at September 30.
1. Revenue and operations
USA Rare Earth reported third-quarter 2026 revenue of $3 million, bringing year-to-date revenue to $14.5 million. Stillwater recorded its first commercial magnet block sales in the quarter, and finished magnet prototype sales are targeted by year-end 2026. Serra Verde expects fourth-quarter sales volumes of 325 tonnes of total rare earth oxides.
