MP Materials MP Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue (including related party) by Business | |||||
| Magnetics Segment | $66.86M— | $0— | $0— | $0— | |
| Materials Segment | $160.37M-21.3% | $203.86M-19.6% | $253.45M-52.0% | $527.51M— | |
| Selling, general and administrative (excluding stock-based compensation expense)(2) by Business | |||||
| Magnetics Segment | $11.11M+31.6% | $8.44M+115% | $3.93M+139% | $1.65M— | |
| Materials Segment | $33.07M+19.6% | $27.66M-14.0% | $32.16M+10.8% | $29.04M— | |
| Cost of sales (excluding depreciation, depletion and amortization and stock-based compensation expense)(1) by Business | |||||
| Magnetics Segment | $28.9M— | $0— | $0— | $0— | |
| Materials Segment | $159.47M-15.6% | $188.89M+113% | $88.66M-0.5% | $89.1M— | |
| Other segment items(3) by Business | |||||
| Magnetics Segment | $403K-89.3% | $3.78M+45.7% | $2.6M+150% | $1.04M— | |
| Materials Segment | $2.03M+39.5% | $1.45M-34.9% | $2.23M+39.7% | $1.6M— | |
| Segment Adjusted EBITDA by Business | |||||
| Magnetics Segment | $26.45M+316% | -$12.22M-87.4% | -$6.52M-143% | -$2.68M— | |
| Materials Segment | $16.82M+219% | -$14.15M-111% | $130.39M-68.0% | $407.77M— | |
| Price protection agreement income by Business | |||||
| Magnetics Segment | $0— | —— | —— | —— | |
| Materials Segment | $51.02M— | —— | —— | —— | |
| Segment capital expenditures by Business | |||||
| Magnetics Segment | $79.77M0.0% | $79.74M-16.5% | $95.46M+37.8% | $69.3M— | |
| Materials Segment | $92.25M-13.5% | $106.68M-35.1% | $164.29M-35.8% | $255.83M— | |
| Revenue (including related party) by Product | |||||
| Magnetic precursor products | $66.86M— | $0— | $0— | —— | |
| NdPr Oxide And Metal | $9.32M-35.5% | $14.45M— | $0— | $0— | |
| Other Revenue | $3.25M+87.6% | $1.73M— | —— | $9.74M— | |
| Rare Earth Concentrate | $41.99M-70.8% | $143.59M-40.8% | $242.52M— | —— |
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.
