MP
MP Materials Corp
NYSE: MP · BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING
$61.30
-0.65% today
Updated 2026-04-29
Market cap
$10.89B
P/E ratio
—
P/S ratio
39.54x
EPS (TTM)
$-0.50
Dividend yield
—
52W range
$19 – $100
Volume
5.5M
MP Materials Corp (MP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.42M | $73.41M | $134.31M | $331.95M | $527.51M | $253.44M | $203.85M | $275.46M |
| Revenue growth (YoY) | — | +8.9% | +83.0% | +147.2% | +58.9% | -52.0% | -19.6% | +35.1% |
| Cost of revenue | $57.28M | $67.83M | $70.73M | $100.64M | $110.57M | $148.42M | $270.64M | $282.06M |
| Gross profit | $10.13M | $5.58M | $63.58M | $231.32M | $416.94M | $105.02M | $-66.79M | $-6.60M |
| Gross margin | 15.0% | 7.6% | 47.3% | 69.7% | 79.0% | 41.4% | -32.8% | -2.4% |
| R&D | — | $0.00 | $140000.00 | $4.20M | $4.25M | $14.93M | $9.31M | $24.21M |
| SG&A | $14.56M | $11.10M | $26.77M | $57.22M | $75.84M | $77.52M | $83.30M | $112.07M |
| Operating income | $-8.88M | $-7.62M | $-34.70M | $165.34M | $327.41M | $-17.72M | $-169.43M | $-122.77M |
| Operating margin | -13.2% | -10.4% | -25.8% | 49.8% | 62.1% | -7.0% | -83.1% | -44.6% |
| EBITDA | $-4.43M | $1.34M | $-27.52M | $193.48M | $365.29M | $94.04M | $7.72M | $4.46M |
| EBITDA margin | -6.6% | 1.8% | -20.5% | 58.3% | 69.2% | 37.1% | 3.8% | 1.6% |
| EBIT | $-8.88M | $-3.34M | $-34.45M | $169.10M | $346.94M | $38.33M | $-70.34M | $-86.29M |
| Interest expense | $5.02M | $3.41M | $5.01M | $8.90M | $5.79M | $5.25M | $23.01M | $31.48M |
| Income tax | $1000.00 | $1000.00 | $-17.64M | $25.16M | $52.15M | $8.77M | $-27.92M | — |
| Effective tax rate | -0.0% | -0.0% | 44.7% | 15.7% | 15.3% | 26.5% | 29.9% | 0.0% |
| Net income | $-13.47M | $-6.75M | $-21.82M | $135.04M | $289.00M | $24.31M | $-65.42M | $-85.87M |
| Net income growth (YoY) | — | +49.8% | -223.1% | +718.7% | +114.0% | -91.6% | -369.2% | -31.3% |
| Profit margin | -20.0% | -9.2% | -16.2% | 40.7% | 54.8% | 9.6% | -32.1% | -31.2% |