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MP Materials MP Gross margin

Gross margin at other companies

Idaho Strategic Resources logo
Idaho Strategic ResourcesIDR
64.6%+13.8pp
Energy Fuels logo
Energy FuelsUUUU
40.9%+37.6pp
Materion logo
MaterionMTRN
16%-3.3pp
Perimeter Solutions logo
Perimeter SolutionsPRM
56.4%-0.2pp
NewMarket logo
NewMarketNEU
31.5%-1.2pp
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-1.1%

Other financials

Income statement

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Revenue$108.5M+89.0%
Gross profit$36.2M+420%
Operating income-$32.0M+27.0%
Net income-$20.3M+34.3%
EPS (diluted)-$0.11+42.1%

Balance sheet

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Cash & equivalents$429.1M+63.2%
Total debt$934.6M+1.7%
Total equity$2.0B+93.7%
Total assets$3.7B+59.5%

Cash flow

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Operating cash flow-$6.8M-87.4%
CapEx$230.3M+694%
Free cash flow-$237.2M-626%

Valuation

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Market cap$8.53B-28.7%
Enterprise value$9.03B-28.4%
P/S27.9×-21.4×

Profitability

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Operating margin-41.5%-11.4pp
Net margin-50.5%
FCF margin-169.7%-1,273pp

Returns & leverage

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Return on equity-7.8%
Debt / equity0.5×-0.4×
Current ratio9.5×+5.9×

Where this comes from

Calculated from MP Materials’s reported figures.

Based on trailing twelve months.

The source filing: MP Materials’s 8-K, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:04 PM EDT
Accession
0001801368-26-000047

FAQ

What is MP Materials's gross margin?
MP Materials (MP) reported gross margin of 21.4% in Q2 2026.
How has MP Materials's gross margin changed year-over-year?
MP Materials's gross margin increased by 89.5% year-over-year, from 11.3% to 21.4%.
What is the long-term trend for MP Materials's gross margin?
Over 3 years (2022 to 2025), MP Materials's gross margin has grown at a -44.5% compound annual growth rate (CAGR), from 82.5% to 14.1%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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