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MP Materials MP Total Revenue

Total Revenue at other companies

Westlake logo
WestlakeWLK
$2.65B-6.8%
Element Solutions logo
Element SolutionsESI
$840M+41.5%
Albemarle logo
AlbemarleALB
$1.43B+32.7%
Reliance logo
RelianceRS
$4.03B+15.5%
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
$1.36B+17.2%
Steel Dynamics logo
Steel DynamicsSTLD
$5.2B+19.1%

Segments

By product

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NdPr Oxide And Metal$71.14M+708%
Magnetic precursor products$21.08M+306%
Other Revenue$1.04M-12.0%
Rare Earth Concentrate$0-100%

By segment

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Materials Segment$72.18M+29.8%
Magnetics Segment$21.08M+306%

Other financials

Income statement

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 total revenue?
MP Materials (MP) reported total revenue of $90.65M in Q1 2026.
How has MP Materials's total revenue changed year-over-year?
MP Materials's total revenue increased by 49.1% year-over-year, from $60.81M to $90.65M.
What is the long-term trend for MP Materials's total revenue?
Over 4 years (2021 to 2025), MP Materials's total revenue has grown at a -9.3% compound annual growth rate (CAGR), from $331.95M to $224.44M.
What does total revenue mean?
The total amount of money brought in by sales before any expenses are subtracted.
How do you interpret total revenue?
An increase indicates higher demand or better pricing power, while a decrease suggests market contraction or competitive pressure.
How does total revenue compare across companies?
Standard across all industries; peers in mining typically report this as net sales or revenue from contracts with customers.