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MP Materials MP Advanced projects and development

Advanced projects and development at other companies

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Parker-HannifinPH
$58M+28.9%
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GlaukosGKOS
$2.5M-16.7%
Roivant Sciences logo
Roivant SciencesROIV
$0
General Dynamics logo
General DynamicsGD
$500M-48.3%
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3MMMM
$308M+8.1%
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Summit TherapeuticsSMMT
$0

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 mp:AdvancedProjectsAndDevelopmentCosts.

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 advanced projects and development?
MP Materials (MP) reported advanced projects and development of $1.91M in Q1 2026.
How has MP Materials's advanced projects and development changed year-over-year?
MP Materials's advanced projects and development increased by 301.9% year-over-year, from $474K to $1.91M.
What is the long-term trend for MP Materials's advanced projects and development?
Over 4 years (2021 to 2025), MP Materials's advanced projects and development has grown at a 55.0% compound annual growth rate (CAGR), from $4.2M to $24.21M.
What does advanced projects and development mean?
Spending on research and development for future projects or new technologies.
How do you interpret advanced projects and development?
Increased spending signals a commitment to future growth and innovation, though it impacts short-term profitability.
How does advanced projects and development compare across companies?
Similar to R&D or exploration expenses in mining and technology sectors.