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MP Materials Corp. / DE income statement

In fiscal 2025, MP Materials Corp. / DE reported revenue of $224m, up 10.1% on the year before, operating income of −$149m (a -66.6% margin) and net income of −$85.9m, or −$0.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

MP Materials Corp. / DE: income statement, annual
Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue73134332528253204224305
Selling, general and administrative—2757767983112129
General and administrative11———————
Operating income−8−35165327−18−169−149−127
Interest expense35965233138
Net interest income—−5−9−6−5———
Income before tax−7−3916034133−93−118−91
Income tax0−1825529−28−32−30
Net income−7−2213528924−65−86−61
Diluted EPS−$0.10−$0.27$0.73$1.52$0.14−$0.57−$0.50−$0.34
Diluted shares (average)67m80m190m193m178m170m170m177m
EBITDA−3−2819034638−91−60−12

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from MP Materials Corp. / DE's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to MP Materials Corp. / DE.