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+5.9% | $19.9M-9.2% | $21.91M+10.3% | $19.86M+283% | $5.19M— | |
| Materials Segment | $72.18M+103% | $35.58M+12.4% | $31.64M-15.7% | $37.53M-32.5% | $55.62M-8.8% | |
| Revenue (including related party) by Product | ||||||
| Magnetic precursor products | $21.08M+5.9% | $19.9M-9.2% | $21.91M+10.3% | $19.86M+283% | $5.19M— | |
| NdPr Oxide And Metal | $71.14M— | $0— | $0-100% | $518K-94.1% | $8.8M+23.1% | |
| Other Revenue | $1.04M+44.0% | $723K-1.0% | $730K+19.7% | $610K-48.4% | $1.18M+161% | |
| Rare Earth Concentrate | $0-100% | $15K— | $0-100% | $11.88M-60.5% | $30.1M-16.5% |
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.
