◆ TICKERBASEOpen interactive view →
◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

HomeAll stocksM › MP

MP Materials Corp (MP) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · DATA UPDATED 2026-08-11

MP Materials Corp (MP) operates in the OTHER INDUSTRIAL METALS & MINING industry and is headquartered in Las Vegas, United States with about 998 employees. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, MP reported $224M in revenue and ($86M) in net income.

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.

Interactive charts & full statements → Open the MP valuation workbench →

MP Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Revenue$305M$224M$204M$253M$528M$332M$134M$73M$67M
Gross Profit($14M)($58M)($67M)$105M$417M$231M$64M$6M$10M
Gross Margin %-4.6%-25.7%-32.8%41.4%79.0%69.7%47.3%7.6%15.0%
Operating Income (EBIT)($101M)($145M)($169M)($18M)$327M$165M($35M)($8M)($9M)
Operating Margin %-33.1%-64.6%-83.1%-7.0%62.1%49.8%-25.8%-10.4%-13.2%
Net Income($61M)($86M)($65M)$24M$289M$135M($22M)($7M)($13M)
Net Margin %-19.9%-38.3%-32.1%9.6%54.8%40.7%-16.2%-9.2%-20.0%
EBITDA$62M$3M$8M$94M$365M$193M($28M)$1M($4M)
Earnings Per Share (EPS)$-0.35$-0.50$-0.39$0.14$1.49$0.71$-0.27$-0.10$-0.20
Shares Outstanding (M)178M170M170M178M193M190M80M69M69M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MP Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$108M$91M$53M$54M$57M$61M$61M$63M
Gross Profit$36M($16M)($17M)($17M)($14M)($9M)($19M)($14M)
Gross Margin %33.4%-17.4%-32.2%-32.5%-24.1%-15.5%-31.8%-21.7%
Operating Income (EBIT)($15M)($18M)($3M)($66M)($44M)($35M)($44M)($40M)
Operating Margin %-13.5%-20.1%-4.9%-122.5%-76.5%-57.2%-72.1%-62.8%
Net Income($20M)($8M)$9M($42M)($31M)($23M)($22M)($26M)
Net Margin %-18.7%-8.8%17.9%-78.0%-53.8%-37.2%-36.6%-40.6%
EBITDA$16M$28M$45M($27M)($17M)$2M($5M)($9M)
Earnings Per Share (EPS)$-0.11$-0.04$0.05$-0.24$-0.19$-0.14$-0.14$-0.16
Shares Outstanding (M)178M199M199M175M164M164M163M164M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MP Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash from Operations (CFO)($84M)($156M)$13M$63M$344M$102M$3M$0M$20M
Capital Expenditures (CapEx)$421M$172M$186M$262M$327M$124M$22M$2M$8M
Free Cash Flow (FCF)($505M)($328M)($173M)($199M)$17M($22M)($19M)($3M)$12M
FCF Margin %-165.2%-146.2%-84.9%-78.6%3.2%-6.6%-14.2%-3.7%18.4%
Dividends Paid$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MP Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$7M($2M)($47M)($42M)($4M)($63M)$30M($7M)
Capital Expenditures (CapEx)$230M$77M$62M$50M$29M$30M$42M$46M
Free Cash Flow (FCF)($223M)($79M)($109M)($93M)($33M)($94M)($11M)($53M)
FCF Margin %-206.0%-87.5%-207.4%-172.8%-56.9%-154.0%-18.3%-84.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MP Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Total Assets$3.7B$4.0B$2.3B$2.3B$2.2B$1.9B$1.1B$102M$96M
Cash & Cash Equivalents$429M$1.2B$282M$263M$137M$1.2B$520M$3M$3M
Total Liabilities$1.8B$1.6B$1.3B$971M$925M$881M$220M$120M$108M
Total Debt (Short + Long-Term)$935M$1.0B$912M$684M$681M$691M$70M$18M$5M
Total Shareholders' Equity$2.0B$2.4B$1.1B$1.4B$1.3B$1.0B$854M($18M)($11M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MP viewer.

MP Metric Deep Dives

Other Companies in OTHER INDUSTRIAL METALS & MINING

This page in other languages: עברית · Русский · Español · Português · 中文 · العربية · Français · Italiano · 日本語 · Deutsch · فارسی · हिन्दी

← MOZNAll “M” companiesMPA →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.