MP Materials (MP) Consolidated Net Income (2020 - 2026)
MP Materials (MP) reported Consolidated Net Income of -$8.0 million for Q1 2026, up 64.82% on a YoY basis from -$4.8 million in Q1 2025, and down 184.53% quarter-over-quarter from $9.4 million in Q4 2025.
MP Materials (MP) Consolidated Net Income (2020 - 2026) Analysis & Trends
MP Materials has reported Consolidated Net Income for 7 years, with the latest figure at -$8.0 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated Net Income rose 64.82% year-over-year to -$8.0 million; the trailing twelve-month figure through Mar 2026 stood at -$71.2 million (up 31.91% YoY), and the FY2025 full-year result was -$85.9 million, down 31.26% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$8.0 million, down from $9.4 million in the prior quarter.
- The five-year high for Consolidated Net Income was $85.6 million in Q1 2022, with the low at -$41.8 million in Q3 2025.
- Historically, Consolidated Net Income has averaged $9.1 million across 5 years, with a median of -$4.3 million in 2023.
- Annual changes were most pronounced in 2022 — Consolidated Net Income surged 430.75% — and 2024, when it tumbled 560.51%.
- MP Materials' Consolidated Net Income stood at $67.0 million in 2022, then tumbled by 124.26% to -$16.3 million in 2023, then sank by 37.41% to -$22.3 million in 2024, then surged by 142.19% to $9.4 million in 2025, then sank by 184.53% to -$8.0 million in 2026.
- The last three Consolidated Net Income figures came in at -$8.0 million (Q1 2026), $9.4 million (Q4 2025), and -$41.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 76.17 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -7.97 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 19.37 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 15.42 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -39.31 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -22.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.97 Mn |
| Dec 31, 2025 | 9.43 Mn |
| Sep 30, 2025 | -41.78 Mn |
| Jun 30, 2025 | -30.87 Mn |
| Mar 31, 2025 | -22.65 Mn |
| Dec 31, 2024 | -22.34 Mn |
| Sep 30, 2024 | -25.52 Mn |
| Jun 30, 2024 | -34.06 Mn |
| Mar 31, 2024 | 16.49 Mn |
| Dec 31, 2023 | -16.26 Mn |
| Sep 30, 2023 | -4.28 Mn |
| Jun 30, 2023 | 7.40 Mn |
| Mar 31, 2023 | 37.45 Mn |
| Dec 31, 2022 | 67.01 Mn |
| Sep 30, 2022 | 63.18 Mn |
| Jun 30, 2022 | 73.27 Mn |
| Mar 31, 2022 | 85.55 Mn |
| Dec 31, 2021 | 48.99 Mn |
| Sep 30, 2021 | 42.76 Mn |
| Jun 30, 2021 | 27.17 Mn |