MP Materials MP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue (including related party) by Business | ||||||
| Magnetics Segment | $21.08M+306% | $19.9M— | $21.91M— | $19.86M— | $5.19M— | |
| Materials Segment | $72.18M+29.8% | $35.58M-41.7% | $31.64M-49.7% | $37.53M+20.1% | $55.62M+14.2% | |
| Revenue (including related party) by Product | ||||||
| Magnetic precursor products | $21.08M+306% | $19.9M— | $21.91M— | $19.86M— | $5.19M— | |
| NdPr Oxide And Metal | $71.14M+708% | $0-100% | $0-100% | $518K-69.5% | $8.8M+1,512% | |
| Other Revenue | $1.04M-12.0% | $723K+59.6% | $730K+5.0% | $610K+103% | $1.18M+321% | |
| Rare Earth Concentrate | $0-100% | $15K-100.0% | $0-100% | $11.88M-51.4% | $30.1M-24.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MP Materials break its business down?
- MP Materials (MP) reports revenue (including related party) by business across 2 parts — Magnetics Segment and Materials Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does MP Materials's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MP Materials's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
