PerpEquities

Equity

USAR perpetual futures

USA Rare Earth, Inc. tracked across crypto venues with normalized contract specs.

Compare venues

Price chart

19.41 5.33%
19.0019.5020.0020.50
Jul 2Jul 3Jul 4Jul 5Jul 6
24/7 perp mark · Bitget (USAR/USDT)
Auto: market closed → highest-volume perp venueOpen in TradingView ↗

Trading data

Perpetual market activity

12/12 live markets
Venues
12
Live markets
12/12
24h volume
$14.2M
Open interest
$6.1M
Best liquidity
$940k
Bitget
Tightest spread
+5.1 bps
Binance
Highest volume
$9.1M
Bitget
Settlement mix
USDT · 10/12

Best Liquidity

USAR

Tightest Spread

USAR

Highest Volume

USAR

Venue Matrix

12 markets
Trade
BitgetTradeUSAR/USDTtrading19.410+0.00%+5.1 bps$940k$9.1M$1.6MUSDT20x
BinanceTradeUSAR/USDTtrading19.430+0.00%+5.1 bps$203k$2.1M$1.3MUSDT-
BingXTradeUSAR-USDTtrading19.430+10.95%+36.0 bps$207k$1.7M$2kUSDT-
Hyperliquid HIP-3Tradexyz:USARtrading19.420-0.34%+23.7 bps$236k$421k$941kUSDC10x
OKXTradeUSAR/trading19.450+45.85%+20.5 bps$51k$414k$424kUSDT20x
PhemexTradeUSAR / USDTtrading19.420+0.00%+5.1 bps$78k$174k$1.3MUSDT10x
KuCoinTradeUSAR/USDTtrading19.420+95.92%+15.4 bps$18k$151k$184kUSDT20x
Gate.ioTradeUSAR/USDTtrading19.410+10.95%+51.6 bps$39k$62k$119kUSDT20x
BybitTradeUSAR/USDTtrading19.400+0.00%+15.5 bps$10k$49k$123kUSDT20x
Crypto.com ExchangeTradeUSAR/USDtrading19.370+46.88%+5.1 bps$9k$6k$2kUSD50x
HTXTradeUSAR/USDTtrading19.440+10.95%+46.2 bps$77k$4k$6kUSDT-
AsterTradeUSARUSDTtrading19.440+0.00%+30.8 bps$58k$4k$14kUSDT-

Company data

Company fundamentals

Updated 5h ago
Market cap
$1.9B
Updated 5h ago
Revenue
$7.3M
Trailing 12 months
Net income
$-416.4M
Trailing 12 months
Free cash flow
$-131.1M
Trailing 12 months
Profit margin
-5672.0%
P/E
-5.0
P/S
257.1
Revenue estimate
$79.3M
Next fiscal year
Revenue growth
+4727%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$1.6M
Net margin-18110.7%
Free cash flow$-86.3M
Net debt$-356.9M
2022$0.0
2023$0.0
2024$0.0
2025$1.6M
PeriodRevenueGrowthNet incomeFCF
2022$0.0-$-23.8M$-19.9M
2023$0.0-$6.7M$-1k
2024$0.0-$-15.7M$-1.4M
2025$1.6M-$-297.6M$-86.3M
PeriodGross marginOperating marginNet marginROEROA
2022+0.0%+0.0%+0.0%-1.1%-0.4%
2023+0.0%+0.0%+0.0%+2.7%+2.6%
2024+0.0%+0.0%+0.0%-65.2%-22.1%
2025+11.9%-3621.6%-18110.7%-60.4%-42.8%
PeriodCashDebtNet debtCurrent ratio
2022$27.0M$3.4B$3.4B0.87
2023$276k$0.0$-276k1.61
2024$2k$1.2M$1.2M0.02
2025$359.9M$3.0M$-356.9M10.17
PeriodMarket capEnterprise valueP/SP/E
2022$276.9M$3.6B0.0-11.6
2023$249.9M$249.6M0.036.9
2024$256.3M$257.5M0.029.4
2025$1.2B$809.6M710.0-3.6
Q2 2024$0.0
Q3 2024$0.0
Q4 2024$0.0
Q1 2025$0.0
Q2 2025$0.0
Q3 2025$0.0
Q4 2025$1.6M
Q1 2026$5.7M
PeriodRevenueGrowthNet incomeFCF
Q2 2024$0.0-$3.0M$-113k
Q3 2024$0.0-$-1.9M$-490k
Q4 2024$0.0-$425k$-639k
Q1 2025$0.0-$51.8M$-12.3M
Q2 2025$0.0-$-142.5M$-12.2M
Q3 2025$0.0-$-156.7M$-9.9M
Q4 2025$1.6M-$-50.2M$-51.9M
Q1 2026$5.7M-$-67.0M$-57.1M
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+0.0%+0.0%+0.0%+1.2%+1.1%
Q3 2024+0.0%+0.0%+0.0%-0.7%-0.7%
Q4 2024+0.0%+0.0%+0.0%+1.8%+0.6%
Q1 2025+0.0%+0.0%+0.0%-94.0%+67.2%
Q2 2025+0.0%+0.0%+0.0%+106.2%-79.3%
Q3 2025+0.0%+0.0%+0.0%+258.7%-48.5%
Q4 2025+100.0%-1589.8%-3055.7%-10.2%-7.2%
Q1 2026+1.9%-640.0%-1175.7%-3.6%-3.1%
PeriodCashDebtNet debtCurrent ratio
Q2 2024$7k$0.0$-7k0.09
Q3 2024$141k$700k$559k0.08
Q4 2024$2k$1.2M$1.2M0.02
Q1 2025$23.4M$1.5M$-21.9M3.52
Q2 2025$121.8M$1.4M$-120.4M15.11
Q3 2025$257.6M$1.3M$-256.3M16.51
Q4 2025$359.9M$3.0M$-356.9M10.17
Q1 2026$1.7B$11.4M$-1.7B36.29
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$298.1M$298.1M0.024.1
Q3 2024$268.8M$269.3M0.044.5
Q4 2024$256.3M$257.5M0.076.9
Q1 2025$382.9M$361.0M0.01.9
Q2 2025$1.0B$895.4M0.0-1.8
Q3 2025$1.8B$1.5B0.0-2.6
Q4 2025$1.8B$1.4B1072.3-8.0
Q1 2026$3.0B$1.2B522.1-11.1

Refreshed 5h ago

Research data

Estimates, events and peers

Estimates

6 periods
FY 2026$79.3M+4727%2 analysts
FY 2027$549.5M+33343%4 analysts
FY 2028$1.4B+86611%5 analysts
FY 2029$2.3B+142285%2 analysts
FY 2030$3.2B+196662%2 analysts
Q1 2029$407.7M+7055%3 analysts

Events

Earnings · dividends · splits
2026-08-10EarningsRevenue est. $8.0M
2026-05-13EarningsRevenue est. $4.2M
2026-03-30EarningsRevenue est. $3.0M
2025-11-06EarningsEPS est. -0.06
2025-08-11EarningsEPS est. -0.13
2025-05-14EarningsEPS est. 0.32

Peer comparison

Similar listed perps