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MP Materials MP Materials Segment — Segment capital expenditures

Other segment segments

Magnetics Segment
$46.61M+208%

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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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Gross margin21.4%+10.1pp
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

Reported directly by MP Materials in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: MP Materials’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001801368-26-000029
(in thousands)MaterialsMagneticsTotal
Initial start-up costs(4,853)
Transaction-related and other costs(6)(10,489)
Accretion of asset retirement and environmental obligations(386)
Other income, net20,326
Loss before income taxes$(13,642)
Segment capital expenditures$30,546$46,611$77,157
Other capital expenditures(7)219
Total capital expenditures for the three months ended March 31, 2026$77,376

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MP Materials's materials segment — segment capital expenditures?
MP Materials (MP) reported materials segment — segment capital expenditures of $30.55M in Q1 2026.
How has MP Materials's materials segment — segment capital expenditures changed year-over-year?
MP Materials's materials segment — segment capital expenditures increased by 99.1% year-over-year, from $15.34M to $30.55M.
What is the long-term trend for MP Materials's materials segment — segment capital expenditures?
Over 3 years (2022 to 2025), MP Materials's materials segment — segment capital expenditures has grown at a -28.8% compound annual growth rate (CAGR), from $255.83M to $92.25M.
What does materials segment — segment capital expenditures mean?
Cash outflows used to acquire, upgrade, or maintain physical assets such as mining equipment, processing facilities, and infrastructure within the materials segment. This metric reflects the company's investment in long-term growth and operational capacity.

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