MP Materials Corp. (MP) — Financial statements
Income statement, balance sheet, and cash flow for MP Materials Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 275↑35.1% | 204↓19.6% | 253↓52.0% | 528↑58.9% | 332 | |
| Cost of Revenue | 282↑4.2% | 271↑82.3% | 148↑34.2% | 111↑9.9% | 101 | |
| Gross Profit | -7↑90.1% | -67↓163.6% | 105↓74.8% | 417↑80.2% | 231 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 9↓37.7% | 15↑251.4% | 4↑1.3% | 4 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00↓100.0% | 76↑32.6% | 57 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.02↑103.0% | -0.57 | |
| SG&A Expenses | 112↑34.5% | 83↑5.1% | 79↑4.5% | 76↑33.9% | 57 | |
| Other Expenses | 4↓59.1% | 10↓64.9% | 29↑203.3% | 9↑83.6% | 5 | |
| Operating Expenses | 116↑13.2% | 103↓16.4% | 123↑37.1% | 90↑35.7% | 66 | |
| Total Costs & Expenses | 398↑6.7% | 373↑37.7% | 271↑35.5% | 200↑20.1% | 167 | |
| Operating Results | ||||||
| Operating Income | -123↑27.5% | -169↓856.2% | -18↓105.4% | 327↑98.0% | 165 | |
| Depreciation & Amortization | 91↑16.3% | 78↑40.1% | 56↑203.5% | 18↓24.7% | 24 | |
| EBITDA | 4↓42.2% | 8↓91.8% | 94↓74.3% | 365↑88.8% | 193 | |
| EBIT | -86↓22.7% | -70↓283.5% | 38↓89.0% | 347↑105.2% | 169 | |
| Interest & Other Income | ||||||
| Net Interest Income | 21↓14.8% | 24↓52.2% | 50↑258.8% | 14↑264.2% | -9 | |
| Interest Income | 52↑10.4% | 47↓15.3% | 56↑180.6% | 20↑5516.7% | 0.35 | |
| Interest Expense | 31↑36.8% | 23↑338.0% | 5↓9.2% | 6↓35.0% | 9 | |
| Non-Operating Income | -36↑63.2% | -99↓76.8% | -56↓187.0% | -20↓420.2% | -4 | |
| Other Income / Expenses | 5↓93.4% | 76↑49.8% | 51↑269.7% | 14↑366.8% | -5 | |
| Income Before Tax | -118↓26.2% | -93↓382.2% | 33↓90.3% | 341↑113.0% | 160 | |
| Income Tax Expense | -32↓14.2% | -28↓418.5% | 9↓83.2% | 52↑107.3% | 25 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -86↓31.3% | -65↓369.2% | 24↓91.6% | 289↑114.0% | 135 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -86↓31.3% | -65↓369.2% | 24↓91.6% | 289↑114.0% | 135 | |
| Bottom-Line Net Income | -86↑11.6% | -97↓499.5% | 24↓91.7% | 293↑112.0% | 138 | |
| EPS (Basic) | -0.50↑12.3% | -0.57↓507.1% | 0.14↓91.5% | 1.64↑110.3% | 0.78 | |
| EPS (Diluted) | -0.50↑12.3% | -0.57↓507.1% | 0.14↓90.8% | 1.52↑108.2% | 0.73 | |
| Weighted Average Shares | 170↑2.0% | 167↓5.8% | 177↑0.4% | 177↑1.8% | 173 | |
| Weighted Average Diluted Shares | 170↑0.1% | 170↓4.6% | 178↓7.9% | 193↑1.9% | 190 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.