"You guys did us proud," he said in a video released by the White House. "To see the way you guys captured the hearts and the imaginations of the whole country is unbelievable."
He added, "I know it's disappointing. But what you guys accomplished is really, really significant."
Obama also formally invited the entire team to visit the White House and meet him in person.
The American soccer team lost to Belgium 2-1 in overtime at the Arena Fonte Nova in Salvador, Brazil.
In fact, JT took to Twitter to write, "Heart breaker. Proud of how our guys battled at the end. Tim Howard…WOW #beastmode."