MP Materials (MP)
Mines, separates, and converts U.S. rare earths into permanent magnets.
$49.68
vs last close−0.32 (−0.64%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 41 | 49 | 31 | 63 | 61 | 61 | 57 | 54 | 53 | 91 | 108 |
| Cost of revenue | 39 | 42 | 54 | 60 | 77 | 80 | 70 | 71 | 71 | 70 | 106 | 72 |
| Gross profit | 14 | −1 | −5 | −28 | −14 | −19 | −9 | −14 | −17 | −17 | −16 | 36 |
| 31 | 33 | 22 | 25 | 26 | 25 | 25 | 30 | 48 | −14 | 3 | 51 | |
| Research & development | 3 | −11 | 0 | 2 | 2 | 1 | 0 | 2 | 19 | 2 | 2 | 1 |
| 20 | 21 | 21 | 21 | 22 | 19 | 24 | 27 | 28 | 32 | 34 | 35 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35 |
| Other expenses | 9 | 22 | 0 | 2 | 2 | 4 | 1 | 0 | 1 | −49 | −33 | 14 |
| Operating income | −18 | −34 | −27 | −53 | −40 | −44 | −35 | −44 | −66 | −3 | −18 | −15 |
| 13 | 13 | 51 | 5 | 5 | 10 | 8 | 1 | 7 | 13 | 5 | −15 | |
| Interest income | 14 | 14 | 13 | 12 | 12 | 10 | 9 | 8 | 17 | 19 | 16 | 0 |
| Interest expense | 1 | 1 | 3 | 7 | 7 | 7 | 8 | 5 | 9 | 10 | 7 | 10 |
| Other non-operating income | −14 | −14 | −53 | −12 | −11 | −17 | −15 | −7 | −16 | −23 | −14 | 5 |
| Income before tax | −4 | −21 | 24 | −48 | −35 | −34 | −27 | −43 | −58 | 11 | −14 | −29 |
| Income tax expense | 0 | −4 | 7 | −14 | −9 | −12 | −5 | −12 | −17 | 1 | −6 | −9 |
| Net income from continuing operations | −4 | −16 | 16 | −34 | −26 | −22 | −23 | −31 | −42 | 9 | −8 | −20 |
| Net income | −4 | −16 | 16 | −34 | −26 | −22 | −23 | −31 | −42 | 9 | −8 | −20 |
| EPS, basic | −$0.02 | −$0.09 | $0.09 | −$0.21 | −$0.16 | −$0.14 | −$0.14 | −$0.19 | −$0.24 | $0.05 | −$0.04 | −$0.11 |
| EPS, diluted | −$0.02 | −$0.09 | −$0.08 | −$0.21 | −$0.16 | −$0.14 | −$0.14 | −$0.19 | −$0.24 | $0.05 | −$0.04 | −$0.11 |
| Weighted average shares, basic | 177 | 178 | 175 | 165 | 164 | 163 | 164 | 164 | 174 | 178 | 178 | 178 |
| Weighted average shares, diluted | 177 | 178 | 187 | 165 | 164 | 163 | 164 | 164 | 175 | 199 | 199 | 178 |
| EBITDA | 14 | −1 | 45 | −23 | −9 | −5 | 2 | −17 | −27 | 45 | 28 | 16 |
| Depreciation & amortization | 17 | 19 | 19 | 18 | 19 | 22 | 21 | 21 | 22 | 25 | 32 | 35 |
| EBIT | −3 | −20 | 26 | −41 | −28 | −27 | −20 | −37 | −50 | 20 | −4 | −20 |
