MP Materials Corp. (MP)

MP Materials Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	232.74	203.86	253.45	527.51	331.95	134.31
Revenue Growth (YoY)	26.44%	-19.57%	-51.95%	58.91%	147.15%	82.96%
Cost of Revenue	206	192.59	92.71	92.22	76.25	66.2
Gross Profit	26.74	11.27	160.73	435.29	255.7	68.11
Selling, General & Admin	99.07	83.3	79.25	75.86	56.65	23.47
Other Operating Expenses	6.53	11.82	15.77	5.47	7.99	2.4
Operating Expenses	192.75	173.59	150.79	99.94	89.41	32.79
Operating Income	-166.01	-162.32	9.94	335.35	166.29	35.31
Interest Expense	-28.36	-23.01	-5.25	-5.79	-8.9	-5.01
Interest & Investment Income	43.31	47.11	55.64	19.77	-	-
Earnings From Equity Investments	-0.6	-0.6	-	-	-	-
Other Non Operating Income (Expenses)	5.05	-0.34	0.04	0.07	0.35	0.25
EBT Excluding Unusual Items	-146.61	-139.16	60.36	349.41	157.74	30.56
Merger & Restructuring Charges	-	-	-	-	-	-3.3
Gain (Loss) on Sale of Investments	1.31	0.01	0.37	-0.32	-	-
Gain (Loss) on Sale of Assets	0.52	-1.42	-0.83	-0.39	-0.57	-0.1
Other Unusual Items	-17.51	47.23	-26.83	-7.55	3.02	-66.62
Pretax Income	-162.29	-93.35	33.08	341.15	160.2	-39.46
Income Tax Expense	-44.65	-27.92	8.77	52.15	25.16	-17.64
Net Income	-117.64	-65.42	24.31	289	135.04	-21.83
Net Income to Common	-117.64	-65.42	24.31	289	135.04	-21.83
Net Income Growth	-	-	-91.59%	114.02%	-	-
Shares Outstanding (Basic)	167	167	177	177	173	80
Shares Outstanding (Diluted)	167	170	178	193	190	80
Shares Change (YoY)	-2.28%	-4.64%	-7.91%	1.90%	138.23%	19.73%
EPS (Basic)	-0.71	-0.39	0.14	1.64	0.78	-0.27
EPS (Diluted)	-0.71	-0.57	0.14	1.52	0.73	-0.27
EPS Growth	-	-	-90.96%	108.07%	-	-
Free Cash Flow	-230.04	-173.07	-199.2	16.92	-21.9	-19.09
Free Cash Flow Per Share	-1.38	-1.02	-1.12	0.09	-0.12	-0.24
Gross Margin	11.49%	5.53%	63.42%	82.52%	77.03%	50.71%
Operating Margin	-71.33%	-79.63%	3.92%	63.57%	50.09%	26.29%
Profit Margin	-50.55%	-32.09%	9.59%	54.79%	40.68%	-16.25%
Free Cash Flow Margin	-98.84%	-84.90%	-78.60%	3.21%	-6.60%	-14.22%
EBITDA	-78.82	-84.26	65.65	353.71	193.05	44.5
EBITDA Margin	-33.86%	-41.34%	25.90%	67.05%	58.16%	33.13%
D&A For EBITDA	87.2	78.06	55.71	18.36	26.76	9.19
EBIT	-166.01	-162.32	9.94	335.35	166.29	35.31
EBIT Margin	-71.33%	-79.63%	3.92%	63.57%	50.09%	26.29%
Effective Tax Rate	-	-	26.51%	15.29%	15.71%	-
Revenue as Reported	-	-	-	-	331.95	134.31

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q