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MP Materials MP Pre-Tax Income

Pre-Tax Income at other companies

Westlake logo
WestlakeWLK
-$190M-459%
Element Solutions logo
Element SolutionsESI
$82.7M-28.6%
Albemarle logo
AlbemarleALB
$254.2M+1,440%
Reliance logo
RelianceRS
$349.5M+33.2%
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
$117M-11.4%
Steel Dynamics logo
Steel DynamicsSTLD
$513.21M+82.9%

Other financials

Income statement

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Revenue$90.6M+49.1%
Gross profit$16.4M+36.9%
Operating income-$24.1M+30.6%
Net income-$8.0M+64.8%
EPS (diluted)-$0.04+71.4%

Balance sheet

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Cash & equivalents$887.1M+344%
Total debt$1.0B+10.8%
Total equity$2.0B+89.9%
Total assets$3.8B+62.2%

Cash flow

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Operating cash flow-$1.9M+97.0%
CapEx$77.4M+154%
Free cash flow-$79.3M+15.4%

Valuation

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Market cap$10.84B+115%
Enterprise value$10.97B+84.9%
P/S42.6×+19.3×

Profitability

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Gross margin14.2%+9.5pp
Operating margin-54.6%-13.0pp
Net margin-50.5%
FCF margin-123.4%+141pp

Returns & leverage

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Return on equity-7.8%
Debt / equity0.5×-0.4×
Current ratio7.2×+3.1×

Where this comes from

Reported directly by MP Materials in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: MP Materials’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MP Materials's pre-tax income?
MP Materials (MP) reported pre-tax income of -$13.64M in Q1 2026.
How has MP Materials's pre-tax income changed year-over-year?
MP Materials's pre-tax income increased by 49.8% year-over-year, from -$27.18M to -$13.64M.
What is the long-term trend for MP Materials's pre-tax income?
Over 3 years (2021 to 2025), MP Materials's pre-tax income has grown at a -7.1% compound annual growth rate (CAGR), from $160.2M to -$128.33M.
What does pre-tax income mean?
Profitability before accounting for income tax payments.
How do you interpret pre-tax income?
Higher values indicate stronger operational and financial performance, while negative values signal a pre-tax loss.
How does pre-tax income compare across companies?
Standardized across industries to allow for comparison regardless of tax rates.