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MP Materials Corp. / DE revenue

MP Materials Corp. / DE's revenue was $224m in fiscal 2025, up 10.1% on the year before. Since fiscal 2019 ($73.4m) it has grown at a compound 20.5% a year. Over the last twelve months it was $305m.

Revenue history

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

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue73134332528253204224305
Growth on the year before—+83.0%+147.2%+58.9%−52.0%−19.6%+10.1%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Materials $160M 70.6% ▼ 21.3%
Magnetics $66.9M 29.4% —

From MP Materials Corp. / DE's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Diversified Metals & Mining: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
MP Materials Corp. / DE $305m 26.1% -6.8%
Centrus Energy Corp $474m 8.5% 13.4%
Americas Gold & Silver Corp $118m 17.7% —
Largo Inc. $110m -12.0% —
Energy Fuels Inc $106m 62.5% 52.9%
Compass Minerals International Inc $1.29bn 5.5% 1.9%

Compare with peers

Head to head: LEU vs MPMP vs USASLGO vs MPMP vs UUUU

More: Diversified Metals & Mining stocks compared, Materials sector, rankings of US companies

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.