Income Statement - MP Materials Corp. / DE (MP)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 275.46 | 203.86 | 253.45 | 527.51 | 331.95 | 134.31 | 73.41 | 67.42 |
| Cost of revenue | 282.06 | 270.64 | 148.42 | 110.57 | 100.64 | 70.73 | 67.83 | 57.28 |
| Gross profit | -6.60 | -66.79 | 105.02 | 416.94 | 231.32 | 63.58 | 5.58 | 10.13 |
| Total operating expenses | 116.17 | 102.64 | 122.74 | 89.53 | 65.97 | 98.28 | 13.20 | 19.02 |
| Operating income | -122.77 | -169.43 | -17.72 | 327.41 | 165.35 | -34.70 | -7.62 | -8.88 |
| Non-operating income (net) | 5.00 | 76.08 | 50.79 | 13.74 | -5.15 | -4.76 | 0.87 | -4.58 |
| Income before tax | -117.77 | -93.35 | 33.08 | 341.15 | 160.20 | -39.46 | -6.75 | -13.47 |
| Income tax expense | -31.90 | -27.92 | 8.77 | 52.15 | 25.16 | -17.64 | 0.00 | 0.00 |
| Net income | -85.87 | -65.42 | 24.31 | 289.00 | 135.04 | -21.83 | -6.76 | -13.47 |
Show Quarterly Income Statement
Income Statement - MP Materials Corp. / DE (MP)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 132.92 | 103.70 | 53.55 | 57.39 | 60.81 | 60.99 | 62.93 | 31.26 | 48.68 | 41.21 | 52.52 | 64.02 | 95.70 | 93.25 | 124.45 | 143.56 | 166.26 | 99.11 | 99.75 | 73.12 | 59.97 | 42.18 | 41.02 | 30.39 | 20.72 | 21.05 | 26.92 | 12.72 | 12.72 |
| Cost of revenue | 74.25 | 69.66 | 48.48 | 71.21 | 70.22 | 80.38 | 76.61 | 59.67 | 53.98 | 42.21 | 38.97 | 34.91 | 32.34 | 30.13 | 24.51 | 27.50 | 28.43 | 23.07 | 28.86 | 24.62 | 24.09 | 21.44 | 18.66 | 18.61 | 14.43 | 17.03 | 20.21 | 12.95 | 12.95 |
| Gross profit | 58.68 | 34.04 | 5.08 | -13.82 | -9.41 | -19.40 | -13.68 | -28.42 | -5.30 | -1.01 | 13.55 | 29.12 | 63.36 | 63.12 | 99.93 | 116.06 | 137.83 | 76.04 | 70.90 | 48.50 | 35.89 | 20.74 | 22.36 | 11.78 | 6.29 | 4.02 | 6.71 | -0.23 | -0.23 |
| Total operating expenses | 84.55 | 34.28 | 72.10 | 30.07 | 25.37 | 24.57 | 25.86 | 25.08 | 21.68 | 32.62 | 31.08 | 28.63 | 30.40 | 25.65 | 20.77 | 20.31 | 22.80 | 18.96 | 16.80 | 16.03 | 14.18 | 13.00 | 6.21 | 73.02 | 3.65 | 2.41 | 4.80 | 5.34 | 5.34 |
| Operating income | -25.87 | -0.24 | -67.02 | -43.88 | -34.78 | -43.96 | -39.54 | -53.49 | -26.97 | -33.63 | -17.54 | 0.48 | 32.96 | 37.47 | 79.17 | 95.75 | 115.02 | 57.08 | 54.09 | 32.47 | 21.71 | 7.74 | 16.15 | -61.24 | 2.65 | 1.61 | 1.91 | -5.57 | -5.57 |
| Non-operating income (net) | 12.23 | 10.79 | 8.59 | 1.16 | 7.60 | 10.00 | 4.67 | 5.34 | 50.60 | 12.97 | 13.06 | 12.43 | 12.33 | 9.62 | 4.94 | 0.89 | -1.71 | -2.39 | -2.53 | 0.87 | -1.10 | -1.47 | -1.65 | -0.91 | -0.72 | -0.58 | 0.90 | 0.27 | 0.27 |
| Income before tax | -13.64 | 10.56 | -58.43 | -42.72 | -27.18 | -33.96 | -34.87 | -48.15 | 23.63 | -20.66 | -4.48 | 12.91 | 45.30 | 47.09 | 84.11 | 96.64 | 113.31 | 54.69 | 51.57 | 33.33 | 20.61 | 6.27 | 14.50 | -62.16 | 1.93 | 1.04 | 2.81 | -5.30 | -5.30 |
| Income tax expense | -5.67 | 1.13 | -16.65 | -11.85 | -4.53 | -11.62 | -9.35 | -14.10 | 7.14 | -4.40 | -0.20 | 5.52 | 7.85 | -19.92 | 20.93 | 23.37 | 27.76 | 5.70 | 8.80 | 6.16 | 4.49 | -17.85 | -0.13 | 0.34 | -1.27 | 0.00 | 0.00 | ||
| Net income | -7.97 | 9.43 | -41.78 | -30.87 | -22.65 | -22.34 | -25.52 | -34.06 | 16.49 | -16.26 | -4.28 | 7.40 | 37.45 | 67.01 | 63.18 | 73.27 | 85.55 | 48.99 | 42.76 | 27.17 | 16.12 | 24.11 | 14.63 | -62.49 | 1.93 | 1.04 | 2.81 | -5.30 | -5.30 |