MP Materials Corp. (MP) quarterly income statement — complete revenue, gross profit & net income history
MP Materials Corp. (MP) annual income statement — 8-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 108.49M | 90.65M | 52.69M | 53.55M | 57.39M | 60.81M | 60.99M | 62.93M | 31.26M | 48.68M | 41.2M | 52.52M | 64.02M | 95.7M | 93.25M | 124.44M | 143.56M | 166.26M | 99.11M | 99.75M |
| Revenue Growth % | 89.03% | 49.07% | -13.61% | -14.9% | 83.61% | 24.91% | 48.01% | 19.82% | -51.18% | -49.13% | -55.81% | -57.8% | -55.4% | -42.44% | -5.92% | 24.75% | 96.34% | 177.23% | 134.98% | 143.17% |
| Cost of Goods Sold | 72.29M | 106.38M | 69.66M | 48.48M | 71.21M | 70.22M | 80.38M | 76.61M | 59.67M | 53.98M | 42.21M | 38.97M | 34.91M | 32.34M | 30.13M | 24.51M | 27.5M | 28.43M | 23.07M | 28.86M |
| COGS % of Revenue | 66.63% | 117.36% | 132.22% | 90.52% | 124.07% | 115.47% | 131.8% | 121.74% | 190.9% | 110.88% | 102.44% | 74.2% | 54.52% | 33.79% | 32.31% | 19.7% | 19.15% | 17.1% | 23.28% | 28.93% |
| Gross Profit | 36.2M | -15.73M | -16.97M | 5.08M | -13.81M | -9.4M | -19.39M | -13.68M | -28.41M | -5.29M | -1M | 13.55M | 29.12M | 63.36M | 63.12M | 99.93M | 116.06M | 137.82M | 76.04M | 70.9M |
| Gross Margin % | 33.37% | -17.36% | -32.22% | 9.48% | -24.07% | -15.47% | -31.8% | -21.74% | -90.9% | -10.88% | -2.44% | 25.8% | 45.48% | 66.21% | 67.69% | 80.3% | 80.85% | 82.9% | 76.72% | 71.07% |
| Gross Profit Growth % | 362.02% | -67.28% | 12.48% | 137.1% | 51.38% | -77.62% | -1829.85% | -201% | -197.59% | -108.36% | -101.59% | -86.44% | -74.91% | -54.03% | -17% | 40.96% | 139.32% | 284.07% | 266.63% | 217.02% |
| Operating Expenses | 50.88M | 2.5M | -14.42M | 72.1M | 30.07M | 25.37M | 24.57M | 25.86M | 25.08M | 21.68M | 32.62M | 31.08M | 28.63M | 30.4M | 25.65M | 20.77M | 20.31M | 22.8M | 18.96M | 16.8M |
| OpEx % of Revenue | 46.89% | 2.76% | -27.37% | 134.63% | 52.39% | 41.73% | 40.28% | 41.09% | 80.23% | 44.52% | 79.17% | 59.19% | 44.72% | 31.77% | 27.51% | 16.69% | 14.15% | 13.71% | 19.13% | 16.84% |
| Selling, General & Admin | 35.16M | 33.64M | 32.07M | 28.41M | 27.43M | 24.17M | 19.07M | 21.52M | 21.43M | 21.27M | 21.42M | 19.56M | 18.86M | 19.4M | 19.45M | 17.72M | 18.12M | 20.31M | 16.23M | 14.88M |
| SG&A % of Revenue | 32.41% | 37.11% | 60.86% | 53.04% | 47.79% | 39.74% | 31.27% | 34.21% | 68.57% | 43.68% | 51.97% | 37.25% | 29.47% | 20.27% | 20.86% | 14.24% | 12.62% | 12.21% | 16.37% | 14.92% |
| Research & Development | 1.28M | 1.91M | 2.21M | 0 | 2.5M | 474K | 1.16M | 2.05M | 1.89M | 409K | -10.78M | 2.87M | 3.1M | 3.61M | 5.59M | 2.63M | 1.77M | 1.82M | 2.14M | 1.33M |
| R&D % of Revenue | 1.18% | 2.1% | 4.2% | - | 4.35% | 0.78% | 1.91% | 3.26% | 6.03% | 0.84% | -26.16% | 5.47% | 4.84% | 3.77% | 5.99% | 2.11% | 1.23% | 1.09% | 2.16% | 1.33% |
| Other Operating Expenses | 1000K | -1000K | -1000K | 1000K | 142K | 733K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 613K | 418K | 420K | 675K | 595K | 595K |
| Operating Income | -14.68M | -18.23M | -2.56M | -67.02M | -43.88M | -34.78M | -43.96M | -39.54M | -53.49M | -26.97M | -33.63M | -17.54M | 483K | 32.96M | 37.47M | 79.17M | 95.75M | 115.02M | 57.08M | 54.09M |
| Operating Margin % | -13.53% | -20.11% | -4.85% | -125.15% | -76.46% | -57.19% | -72.09% | -62.83% | -171.13% | -55.4% | -81.61% | -33.39% | 0.75% | 34.44% | 40.18% | 63.62% | 66.7% | 69.18% | 57.59% | 54.23% |
| Operating Income Growth % | 66.55% | 47.57% | 94.19% | -69.51% | 17.97% | -28.95% | -30.73% | -125.48% | -11174.95% | -181.82% | -189.76% | -122.15% | -99.5% | -71.34% | -34.36% | 46.35% | 194.95% | 429.84% | 637.35% | 234.86% |
| EBITDA | 20.7M | 13.9M | 22.05M | -44.53M | -23.11M | -13.39M | -21.84M | -20.2M | -35.28M | -8.36M | -14.99M | -785K | 12.69M | 41.08M | 43.06M | 81.26M | 101.16M | 120.28M | 61.69M | 61.04M |
| EBITDA Margin % | 19.08% | 15.34% | 41.86% | -83.14% | -40.26% | -22.03% | -35.82% | -32.09% | -112.87% | -17.16% | -36.39% | -1.49% | 19.81% | 42.93% | 46.18% | 65.3% | 70.47% | 72.35% | 62.25% | 61.19% |
| EBITDA Growth % | 189.6% | 203.81% | 200.96% | -120.47% | 34.51% | -60.31% | -45.68% | -2472.74% | -378.12% | -120.34% | -134.82% | -100.97% | -87.46% | -65.84% | -30.2% | 33.12% | 158.52% | 331.76% | 526.96% | 232.97% |
| D&A (Non-Cash Add-back) | 35.38M | 32.14M | 24.61M | 22.5M | 20.78M | 21.38M | 22.12M | 19.34M | 18.21M | 18.62M | 18.63M | 16.75M | 12.2M | 8.12M | 5.59M | 2.1M | 5.41M | 5.26M | 4.62M | 6.95M |
| EBIT | -19.63M | -3.8M | 20.44M | -49.87M | -37.31M | -19.56M | -27.2M | -28.22M | -41.41M | 26.49M | -19.55M | -3.08M | 14.3M | 46.66M | 48.42M | 85.33M | 97.97M | 115.22M | 57.18M | 54.19M |
| Net Interest Income | -9.7M | 8.25M | 8.9M | 7.95M | 2.73M | 950K | 3.32M | 5.11M | 5.66M | 10.01M | 12.92M | 13.06M | 12.43M | 11.94M | 9.62M | 4.94M | 886K | -1.71M | -2.39M | -2.53M |
| Interest Income | 0 | 15.6M | 18.79M | 16.51M | 8.15M | 8.56M | 10.08M | 11.76M | 12.4M | 12.87M | 14.03M | 14.46M | 13.82M | 13.3M | 10.95M | 6.17M | 2.21M | 194K | 98K | 97K |
| Interest Expense | 9.7M | 7.36M | 9.89M | 8.57M | 5.41M | 7.62M | 6.76M | 6.65M | 6.75M | 2.86M | 1.11M | 1.4M | 1.39M | 1.36M | 1.33M | 1.22M | 1.33M | 1.91M | 2.49M | 2.62M |
| Other Income/Expense | -14.66M | 4.59M | 13.11M | 8.59M | 1.16M | 7.6M | 10M | 4.67M | 5.34M | 50.6M | 12.97M | 13.06M | 12.43M | 12.33M | 9.62M | 4.94M | 886K | -1.71M | -2.39M | -2.53M |
| Pretax Income | -29.34M | -13.64M | 10.56M | -58.43M | -42.72M | -27.18M | -33.96M | -34.87M | -48.15M | 23.63M | -20.66M | -4.48M | 12.91M | 45.3M | 47.09M | 84.11M | 96.64M | 113.31M | 54.69M | 51.57M |
| Pretax Margin % | -27.04% | -15.05% | 20.04% | -109.11% | -74.44% | -44.69% | -55.69% | -55.41% | -154.05% | 48.54% | -50.13% | -8.52% | 20.17% | 47.33% | 50.5% | 67.59% | 67.32% | 68.15% | 55.18% | 51.69% |
| Income Tax | -9.04M | -5.67M | 1.13M | -16.65M | -11.85M | -4.53M | -11.62M | -9.35M | -14.1M | 7.14M | -4.4M | -200K | 5.52M | 7.85M | -19.92M | 20.93M | 23.37M | 27.76M | 5.7M | 8.8M |
| Effective Tax Rate % | 30.81% | 41.59% | 10.71% | 28.5% | 27.74% | 16.66% | 34.21% | 26.82% | 29.28% | 30.23% | 21.29% | 4.47% | 42.73% | 17.33% | -42.3% | 24.89% | 24.18% | 24.5% | 10.42% | 17.07% |
| Net Income | -20.3M | -7.97M | 9.43M | -41.78M | -30.87M | -22.65M | -22.34M | -25.52M | -34.05M | 16.49M | -16.26M | -4.28M | 7.39M | 37.45M | 67.01M | 63.18M | 73.27M | 85.55M | 48.99M | 42.76M |
| Net Margin % | -18.71% | -8.79% | 17.89% | -78.02% | -53.79% | -37.24% | -36.63% | -40.55% | -108.95% | 33.87% | -39.46% | -8.14% | 11.55% | 39.13% | 71.86% | 50.77% | 51.04% | 51.46% | 49.43% | 42.87% |
| Net Income Growth % | 34.26% | 64.82% | 142.19% | -63.74% | 9.35% | -237.35% | -37.41% | -496.73% | -560.51% | -55.97% | -124.26% | -106.77% | -89.91% | -56.23% | 36.78% | 47.74% | 169.71% | 430.75% | 103.16% | 192.36% |
| Net Income (Continuing) | -20.3M | -7.97M | 9.43M | -41.78M | -30.87M | -22.65M | -22.34M | -25.52M | -34.05M | 16.49M | -16.26M | -4.28M | 7.39M | 37.45M | 67.01M | 63.18M | 73.27M | 85.55M | 48.99M | 42.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.11 | -0.04 | 0.05 | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | -0.08 | -0.09 | -0.02 | 0.04 | 0.19 | 0.35 | 0.33 | 0.38 | 0.44 | 0.26 | 0.23 |
| EPS Growth % | 42.11% | 71.43% | 133.79% | -50% | 9.52% | -73.7% | -53.01% | -563.9% | -602.39% | -142.42% | -126.14% | -107.3% | -89% | -56.82% | 34.62% | 43.48% | 153.33% | 388.89% | 30% | 15% |
| EPS (Basic) | -0.11 | -0.04 | 0.05 | -0.24 | -0.19 | -0.14 | -0.14 | -0.16 | -0.21 | 0.09 | -0.09 | -0.02 | 0.04 | 0.21 | 0.38 | 0.33 | 0.42 | 0.45 | 0.28 | 0.24 |
| Diluted Shares Outstanding | 178.22M | 199.23M | 199.23M | 175.03M | 163.83M | 163.76M | 163.38M | 164.15M | 165.34M | 186.79M | 177.62M | 177.23M | 177.86M | 193.61M | 193.49M | 193.41M | 193.41M | 193.49M | 193.39M | 193.22M |
| Basic Shares Outstanding | 178.22M | 177.67M | 177.67M | 174.08M | 163.83M | 163.76M | 163.38M | 164.15M | 165.34M | 174.56M | 177.62M | 177.23M | 176.98M | 176.88M | 176.65M | 190.44M | 176.53M | 191.28M | 176.12M | 176.05M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |