MP Materials Corp. (MP)

MP Materials Revenue

MP Materials had revenue of $147.66M in the quarter ending September 30, 2026, with 175.72% growth. This brings the company's total for the last twelve months to $399.48M, up 71.64% year-over-year. In the year 2025, MP Materials had annual revenue of $224.44M with 10.10% growth. That makes MP Materials the 11,075th largest company in the world by revenue and 2,272nd in the United States.

• Revenue (ttm): $399.48M
• Revenue Growth: +71.64%
• P/S Ratio: 13.33
• Revenue / Employee: $519,496
• Employees: 998
• Market Cap: 6.91B

Revenue Chart

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Revenue by Segment

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• NdPr Oxide and Metal 115.13M 51.3%
• Other 64.07M 28.5%
• Rare Earth Concentrate 41.99M 18.7%
• Other Rare Earth 3.25M 1.4%

Fiscal year ended Dec 31, 2025 See the full MP Materials breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	224.44M	20.59M	10.10%
Dec 31, 2024	203.86M	-49.59M	-19.57%
Dec 31, 2023	253.45M	-274.07M	-51.95%
Dec 31, 2022	527.51M	195.56M	58.91%
Dec 31, 2021	331.95M	197.64M	147.15%
Dec 31, 2020	134.31M	60.90M	82.96%
Dec 31, 2019	73.41M	5.99M	8.89%
Dec 31, 2018	67.42M	-	-

Data Source: Fiscal.ai Last updated: Nov 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

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