USA Rare Earth, Inc.
USARNasdaqCIK 1970622MaterialsFiscal year ends Dec 31
Income statement
| Line item | Unit | Q2 FY20242023-06-30 | Q3 FY20242023-09-30 | Q1 FY20242024-03-31 | Q2 FY20242024-06-30 | Q3 FY20242024-09-30 | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | 0.0Revenue, Q1 FY2025, three months to 2025-03-31$0. XBRL concept us-gaap:Revenues. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 0.0Revenue, Q2 FY2025, three months to 2025-06-30$0. XBRL concept us-gaap:Revenues. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | not reported | not reported | 5.7Revenue, Q1 FY2026, three months to 2026-03-31$5.7m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 5.8Revenue, Q2 FY2026, three months to 2026-06-30$5.8m. XBRL concept us-gaap:Revenues. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Cost of revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | 0.0Cost of revenue, Q1 FY2025, three months to 2025-03-31$0. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 0.0Cost of revenue, Q2 FY2025, three months to 2025-06-30$0. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | not reported | not reported | 5.6Cost of revenue, Q1 FY2026, three months to 2026-03-31$5.6m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 7.4Cost of revenue, Q2 FY2026, three months to 2026-06-30$7.4m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | 0.0Gross profit, Q1 FY2025, three months to 2025-03-31$0. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 0.0Gross profit, Q2 FY2025, three months to 2025-06-30$0. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | not reported | not reported | 0.1Gross profit, Q1 FY2026, three months to 2026-03-31$106.0k. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (1.6)Gross profit, Q2 FY2026, three months to 2026-06-30−$1.6m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Research and development | $m | not reported | not reported | 2.1Research and development, Q1 FY2024, three months to 2024-03-31$2.1m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | 1.7Research and development, Q2 FY2024, three months to 2024-06-30$1.7m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | 1.2Research and development, Q3 FY2024, three months to 2024-09-30$1.2m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 1.4Research and development, Q4 FY2024, three months to 2024-12-31$1.4m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 1.7Research and development, Q1 FY2025, three months to 2025-03-31$1.7m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 2.6Research and development, Q2 FY2025, three months to 2025-06-30$2.6m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 4.5Research and development, Q3 FY2025, three months to 2025-09-30$4.5m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 7.2Research and development, Q4 FY2025, three months to 2025-12-31$7.2m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 14.2Research and development, Q1 FY2026, three months to 2026-03-31$14.2m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 10.8Research and development, Q2 FY2026, three months to 2026-06-30$10.8m. XBRL concept us-gaap:ResearchAndDevelopmentExpense. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Operating income | $m | (0.2)Operating income, Q2 FY2024, three months to 2023-06-30−$228.7k. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | (0.4)Operating income, Q3 FY2024, three months to 2023-09-30−$420.8k. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | (4.7)Operating income, Q1 FY2024, three months to 2024-03-31−$4.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | (3.0)Operating income, Q2 FY2024, three months to 2024-06-30−$3.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | (2.0)Operating income, Q3 FY2024, three months to 2024-09-30−$2.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | (5.9)Operating income, Q4 FY2024, three months to 2024-12-31−$5.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (8.7)Operating income, Q1 FY2025, three months to 2025-03-31−$8.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (8.8)Operating income, Q2 FY2025, three months to 2025-06-30−$8.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | (15.9)Operating income, Q3 FY2025, three months to 2025-09-30−$15.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | (26.1)Operating income, Q4 FY2025, three months to 2025-12-31−$26.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (36.7)Operating income, Q1 FY2026, three months to 2026-03-31−$36.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (46.3)Operating income, Q2 FY2026, three months to 2026-06-30−$46.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Income tax | $m | not reported | not reported | not reported | not reported | not reported | not reported | 0.0Income tax, Q1 FY2025, three months to 2025-03-31$0. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 0.0Income tax, Q2 FY2025, three months to 2025-06-30$0. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | not reported | not reported | (0.6)Income tax, Q1 FY2026, three months to 2026-03-31−$577.0k. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (0.5)Income tax, Q2 FY2026, three months to 2026-06-30−$513.0k. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Net income | $m | 0.8Net income, Q2 FY2024, three months to 2023-06-30$830.8k. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 2.9Net income, Q3 FY2024, three months to 2023-09-30$2.9m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | (4.5)Net income, Q1 FY2024, three months to 2024-03-31−$4.5m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | (2.6)Net income, Q2 FY2024, three months to 2024-06-30−$2.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | (1.9)Net income, Q3 FY2024, three months to 2024-09-30−$1.9m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | (6.8)Net income, Q4 FY2024, three months to 2024-12-31−$6.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 51.8Net income, Q1 FY2025, three months to 2025-03-31$51.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (143)Net income, Q2 FY2025, three months to 2025-06-30−$142.5m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | (157)Net income, Q3 FY2025, three months to 2025-09-30−$156.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | (50.2)Net income, Q4 FY2025, three months to 2025-12-31−$50.2m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (67.0)Net income, Q1 FY2026, three months to 2026-03-31−$67.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (10.3)Net income, Q2 FY2026, three months to 2026-06-30−$10.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Diluted EPS | $ per share | not reported | not reported | (0.11)Diluted EPS, Q1 FY2024, three months to 2024-03-31−$0.11 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | (0.04)Diluted EPS, Q2 FY2024, three months to 2024-06-30−$0.04 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | (0.03)Diluted EPS, Q3 FY2024, three months to 2024-09-30−$0.03 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | not reported | 0.58Diluted EPS, Q1 FY2025, three months to 2025-03-31$0.58 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (1.54)Diluted EPS, Q2 FY2025, three months to 2025-06-30−$1.54 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | (1.64)Diluted EPS, Q3 FY2025, three months to 2025-09-30−$1.64 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | not reported | (0.34)Diluted EPS, Q1 FY2026, three months to 2026-03-31−$0.34 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (0.05)Diluted EPS, Q2 FY2026, three months to 2026-06-30−$0.05 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Basic EPS | $ per share | not reported | not reported | (0.11)Basic EPS, Q1 FY2024, three months to 2024-03-31−$0.11 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | (0.04)Basic EPS, Q2 FY2024, three months to 2024-06-30−$0.04 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | (0.03)Basic EPS, Q3 FY2024, three months to 2024-09-30−$0.03 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | not reported | 0.75Basic EPS, Q1 FY2025, three months to 2025-03-31$0.75 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (1.54)Basic EPS, Q2 FY2025, three months to 2025-06-30−$1.54 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | (1.64)Basic EPS, Q3 FY2025, three months to 2025-09-30−$1.64 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | not reported | (0.34)Basic EPS, Q1 FY2026, three months to 2026-03-31−$0.34 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (0.05)Basic EPS, Q2 FY2026, three months to 2026-06-30−$0.05 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
Balance sheet
| Line item | Unit | FY20242023-12-31 | Q1 FY20242024-03-31 | Q2 FY20242024-06-30 | Q3 FY20242024-09-30 | FY20242024-12-31 | Q1 FY20252025-03-31 | period not labelled2025-05-05 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $m | 0.3Cash and equivalents, FY2024, at 2023-12-31$275.7k. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 0.1Cash and equivalents, Q1 FY2024, at 2024-03-31$119.2k. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2024-05-14, accession 0001213900-24-043032.Report this figure | 0.0Cash and equivalents, Q2 FY2024, at 2024-06-30$6.6k. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | 0.1Cash and equivalents, Q3 FY2024, at 2024-09-30$141.2k. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 16.8Cash and equivalents, FY2024, at 2024-12-31$16.8m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-K filed 2026-03-30, accession 0001970622-26-000021.Report this figure | 23.4Cash and equivalents, Q1 FY2025, at 2025-03-31$23.4m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | 23.4Cash and equivalents, period not labelled, at 2025-05-05$23.4m. XBRL concept us-gaap:Cash. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | 122Cash and equivalents, Q2 FY2025, at 2025-06-30$121.8m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 258Cash and equivalents, Q3 FY2025, at 2025-09-30$257.6m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 360Cash and equivalents, FY2025, at 2025-12-31$359.9m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 1,750Cash and equivalents, Q1 FY2026, at 2026-03-31$1.75bn. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 1,530Cash and equivalents, Q2 FY2026, at 2026-06-30$1.53bn. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Current assets | $m | 0.5Current assets, FY2024, at 2023-12-31$499.7k. XBRL concept us-gaap:AssetsCurrent. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | 0.3Current assets, Q1 FY2024, at 2024-03-31$267.6k. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2024-05-14, accession 0001213900-24-043032.Report this figure | 0.1Current assets, Q2 FY2024, at 2024-06-30$60.1k. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | 0.2Current assets, Q3 FY2024, at 2024-09-30$222.9k. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 22.3Current assets, FY2024, at 2024-12-31$22.3m. XBRL concept us-gaap:AssetsCurrent. 10-K filed 2026-03-30, accession 0001970622-26-000021.Report this figure | 25.8Current assets, Q1 FY2025, at 2025-03-31$25.8m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | not reported | 124Current assets, Q2 FY2025, at 2025-06-30$123.5m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | 259Current assets, Q3 FY2025, at 2025-09-30$258.9m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 385Current assets, FY2025, at 2025-12-31$385.4m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 1,790Current assets, Q1 FY2026, at 2026-03-31$1.79bn. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 1,673Current assets, Q2 FY2026, at 2026-06-30$1.67bn. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Total assets | $m | 259Total assets, FY2024, at 2023-12-31$259.5m. XBRL concept us-gaap:Assets. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | 263Total assets, Q1 FY2024, at 2024-03-31$262.6m. XBRL concept us-gaap:Assets. 10-Q filed 2024-05-14, accession 0001213900-24-043032.Report this figure | 266Total assets, Q2 FY2024, at 2024-06-30$265.8m. XBRL concept us-gaap:Assets. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | 269Total assets, Q3 FY2024, at 2024-09-30$269.4m. XBRL concept us-gaap:Assets. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 69.1Total assets, FY2024, at 2024-12-31$69.1m. XBRL concept us-gaap:Assets. 10-K filed 2026-03-30, accession 0001970622-26-000021.Report this figure | 77.1Total assets, Q1 FY2025, at 2025-03-31$77.1m. XBRL concept us-gaap:Assets. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | not reported | 180Total assets, Q2 FY2025, at 2025-06-30$179.7m. XBRL concept us-gaap:Assets. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | 323Total assets, Q3 FY2025, at 2025-09-30$323.3m. XBRL concept us-gaap:Assets. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 695Total assets, FY2025, at 2025-12-31$695.0m. XBRL concept us-gaap:Assets. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 2,135Total assets, Q1 FY2026, at 2026-03-31$2.13bn. XBRL concept us-gaap:Assets. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 2,999Total assets, Q2 FY2026, at 2026-06-30$3.00bn. XBRL concept us-gaap:Assets. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Current liabilities | $m | 0.3Current liabilities, FY2024, at 2023-12-31$310.0k. XBRL concept us-gaap:LiabilitiesCurrent. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | 0.5Current liabilities, Q1 FY2024, at 2024-03-31$508.7k. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2024-05-14, accession 0001213900-24-043032.Report this figure | 0.6Current liabilities, Q2 FY2024, at 2024-06-30$645.6k. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | 2.7Current liabilities, Q3 FY2024, at 2024-09-30$2.7m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 6.9Current liabilities, FY2024, at 2024-12-31$6.9m. XBRL concept us-gaap:LiabilitiesCurrent. 10-K filed 2026-03-30, accession 0001970622-26-000021.Report this figure | 7.3Current liabilities, Q1 FY2025, at 2025-03-31$7.3m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | not reported | 8.2Current liabilities, Q2 FY2025, at 2025-06-30$8.2m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | 15.7Current liabilities, Q3 FY2025, at 2025-09-30$15.7m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 37.9Current liabilities, FY2025, at 2025-12-31$37.9m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 49.3Current liabilities, Q1 FY2026, at 2026-03-31$49.3m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 51.0Current liabilities, Q2 FY2026, at 2026-06-30$51.0m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Total liabilities | $m | 13.4Total liabilities, FY2024, at 2023-12-31$13.4m. XBRL concept us-gaap:Liabilities. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | 13.6Total liabilities, Q1 FY2024, at 2024-03-31$13.6m. XBRL concept us-gaap:Liabilities. 10-Q filed 2024-05-14, accession 0001213900-24-043032.Report this figure | 13.7Total liabilities, Q2 FY2024, at 2024-06-30$13.7m. XBRL concept us-gaap:Liabilities. 10-Q filed 2024-08-14, accession 0001213900-24-069007.Report this figure | 15.8Total liabilities, Q3 FY2024, at 2024-09-30$15.8m. XBRL concept us-gaap:Liabilities. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | 15.1Total liabilities, FY2024, at 2024-12-31$15.1m. XBRL concept us-gaap:Liabilities. 10-K filed 2026-03-30, accession 0001970622-26-000021.Report this figure | 97.3Total liabilities, Q1 FY2025, at 2025-03-31$97.3m. XBRL concept us-gaap:Liabilities. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | not reported | 286Total liabilities, Q2 FY2025, at 2025-06-30$286.4m. XBRL concept us-gaap:Liabilities. 10-Q filed 2025-08-11, accession 0001970622-25-000017.Report this figure | 369Total liabilities, Q3 FY2025, at 2025-09-30$368.6m. XBRL concept us-gaap:Liabilities. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 192Total liabilities, FY2025, at 2025-12-31$191.8m. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 246Total liabilities, Q1 FY2026, at 2026-03-31$246.3m. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 452Total liabilities, Q2 FY2026, at 2026-06-30$451.5m. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
| Shareholders' equity | $m | (12.9)Shareholders' equity, FY2024, at 2023-12-31−$12.9m. XBRL concept us-gaap:StockholdersEquity. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | (13.3)Shareholders' equity, Q1 FY2024, at 2024-03-31−$13.3m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | (13.7)Shareholders' equity, Q2 FY2024, at 2024-06-30−$13.7m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | (15.6)Shareholders' equity, Q3 FY2024, at 2024-09-30−$15.6m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2024-11-14, accession 0001213900-24-098549.Report this figure | (17.0)Shareholders' equity, FY2024, at 2024-12-31−$17.0m. XBRL concept us-gaap:StockholdersEquity. 10-K filed 2025-03-31, accession 0001213900-25-026445.Report this figure | (52.7)Shareholders' equity, Q1 FY2025, at 2025-03-31−$52.7m. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | not reported | (132)Shareholders' equity, Q2 FY2025, at 2025-06-30−$131.9m. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | (58.6)Shareholders' equity, Q3 FY2025, at 2025-09-30−$58.6m. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2025-11-06, accession 0001970622-25-000074.Report this figure | 494Shareholders' equity, FY2025, at 2025-12-31$494.3m. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 1,879Shareholders' equity, Q1 FY2026, at 2026-03-31$1.88bn. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure | 2,537Shareholders' equity, Q2 FY2026, at 2026-06-30$2.54bn. XBRL concept us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest. 10-Q filed 2026-08-10, accession 0001970622-26-000057.Report this figure |
Cash flow
| Line item | Unit | Q1 FY20242024-03-31 | Q2 FY20242024-06-30 | Q3 FY20242024-09-30 | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $m | (4.2)Operating cash flow, Q1 FY2024, three months to 2024-03-31−$4.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | (4.0)Operating cash flow, Q2 FY2024, three months to 2024-06-30−$4.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-08-11, accession 0001970622-25-000017. Derived: 6-month figure less the 3-month figure.Report this figure | (1.2)Operating cash flow, Q3 FY2024, three months to 2024-09-30−$1.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001970622-25-000074. Derived: 9-month figure less the 6-month figure.Report this figure | (3.5)Operating cash flow, Q4 FY2024, three months to 2024-12-31−$3.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (10.3)Operating cash flow, Q1 FY2025, three months to 2025-03-31−$10.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (7.9)Operating cash flow, Q2 FY2025, three months to 2025-06-30−$7.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-10, accession 0001970622-26-000057. Derived: 6-month figure less the 3-month figure.Report this figure | (2.8)Operating cash flow, Q3 FY2025, three months to 2025-09-30−$2.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001970622-25-000074. Derived: 9-month figure less the 6-month figure.Report this figure | (27.9)Operating cash flow, Q4 FY2025, three months to 2025-12-31−$27.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | (18.5)Operating cash flow, Q1 FY2026, three months to 2026-03-31−$18.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | (56.9)Operating cash flow, Q2 FY2026, three months to 2026-06-30−$56.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-10, accession 0001970622-26-000057. Derived: 6-month figure less the 3-month figure.Report this figure |
| Capital expenditure | $m | 0.0Capital expenditure, Q1 FY2024, three months to 2024-03-31$39.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | 1.0Capital expenditure, Q2 FY2024, three months to 2024-06-30$1.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2025-08-11, accession 0001970622-25-000017. Derived: 6-month figure less the 3-month figure.Report this figure | 1.2Capital expenditure, Q3 FY2024, three months to 2024-09-30$1.2m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2025-11-06, accession 0001970622-25-000074. Derived: 9-month figure less the 6-month figure.Report this figure | 0.9Capital expenditure, Q4 FY2024, three months to 2024-12-31$851.0k. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 2.0Capital expenditure, Q1 FY2025, three months to 2025-03-31$2.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-05-15, accession 0001213900-25-043743.Report this figure | 4.3Capital expenditure, Q2 FY2025, three months to 2025-06-30$4.3m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-08-10, accession 0001970622-26-000057. Derived: 6-month figure less the 3-month figure.Report this figure | 7.1Capital expenditure, Q3 FY2025, three months to 2025-09-30$7.1m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2025-11-06, accession 0001970622-25-000074. Derived: 9-month figure less the 6-month figure.Report this figure | 24.0Capital expenditure, Q4 FY2025, three months to 2025-12-31$24.0m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-K filed 2026-03-30, accession 0001970622-26-000021. Derived: 12-month figure less the 9-month figure.Report this figure | 38.6Capital expenditure, Q1 FY2026, three months to 2026-03-31$38.6m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-05-14, accession 0001970622-26-000038.Report this figure | 69.7Capital expenditure, Q2 FY2026, three months to 2026-06-30$69.7m. XBRL concept us-gaap:PaymentsToAcquireProductiveAssets. 10-Q filed 2026-08-10, accession 0001970622-26-000057. Derived: 6-month figure less the 3-month figure.Report this figure |
Shares
| Line item | Unit | Q1 FY20242024-03-31 | Q2 FY20242024-06-30 | Q3 FY20242024-09-30 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 |
|---|---|---|---|---|---|---|---|---|---|
| Diluted shares (weighted) | m shares | 59.4 | 59.4 | 59.5 | 83.1 | 92.8 | 103 | 196 | 230 |
Shares outstanding: 132.64m at Oct 31, 2025, from the cover of the 10-Q filed Nov 6, 2025.
Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:50 ET. Listed shows no prices and gives no investment advice.