MP Materials MP Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue (including related party) by Business | ||||||
| Magnetics Segment | $82.75M+23.8% | $66.86M+42.4% | $46.96M+87.5% | $25.05M+383% | $5.19M— | |
| Materials Segment | $176.93M+10.3% | $160.37M-13.7% | $185.78M-14.4% | $217.06M+3.0% | $210.79M+3.4% | |
| Revenue (including related party) by Product | ||||||
| Magnetic precursor products | $82.75M+23.8% | $66.86M+42.4% | $46.96M+87.5% | $25.05M+383% | $5.19M— | |
| NdPr Oxide And Metal | $71.65M+669% | $9.32M-43.4% | $16.46M-23.5% | $21.53M-5.2% | $22.71M+57.1% | |
| Other Revenue | $3.1M-4.4% | $3.25M+9.1% | $2.98M+1.2% | $2.94M+11.7% | $2.63M+52.1% | |
| Rare Earth Concentrate | $11.89M-71.7% | $41.99M-46.2% | $78.01M-35.6% | $121.06M-9.4% | $133.61M-6.9% |
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.
