Growth Metrics

MP Materials (MP) EBITDA (2020 - 2026)

MP Materials filings provide 6 years of EBITDA readings, the most recent being -$52.7 million for Q4 2025.

  • On a quarterly basis, EBITDA rose 31.47% to -$52.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$172.8 million, a 2.43% decrease, with the full-year FY2025 number at -$142.6 million, up 8.79% from a year prior.
  • EBITDA hit -$52.7 million in Q4 2025 for MP Materials, up from -$63.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $117.1 million in Q1 2022 to a low of -$76.9 million in Q4 2024.
  • Median EBITDA over the past 5 years was $3.0 million (2023), compared with a mean of $8.2 million.
  • Biggest five-year swings in EBITDA: skyrocketed 906.63% in 2021 and later crashed 624.49% in 2024.
  • MP Materials' EBITDA stood at $60.3 million in 2021, then tumbled by 32.24% to $40.9 million in 2022, then tumbled by 224.66% to -$50.9 million in 2023, then crashed by 51.02% to -$76.9 million in 2024, then skyrocketed by 31.47% to -$52.7 million in 2025.
  • The last three reported values for EBITDA were -$52.7 million (Q4 2025), -$63.4 million (Q3 2025), and -$24.8 million (Q2 2025) per Business Quant data.