MP Materials (MP) EBT (2020 - 2026)

MP Materials (MP) reported EBT of -$13.6 million for Q1 2026, up 49.8% on a YoY basis from -$9.1 million in Q1 2025, and down 229.22% quarter-over-quarter from $10.6 million in Q4 2025.

MP Materials (MP) EBT (2020 - 2026) Analysis & Trends

MP Materials has reported EBT for 7 years, with the latest figure at -$13.6 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT rose 49.8% year-over-year to -$13.6 million; the trailing twelve-month figure through Mar 2026 stood at -$104.2 million (up 27.69% YoY), and the FY2025 full-year result was -$117.8 million, down 26.17% from the prior year.
  • EBT for Q1 2026 stood at -$13.6 million, down from $10.6 million in the prior quarter.
  • The five-year high for EBT was $113.3 million in Q1 2022, with the low at -$58.4 million in Q3 2025.
  • Historically, EBT has averaged $8.8 million across 5 years, with a median of -$4.5 million in 2023.
  • Annual changes were most pronounced in 2022 — EBT jumped 449.8% — and 2024, when it plunged 678.95%.
  • MP Materials' EBT stood at $47.1 million in 2022, then sank by 143.87% to -$20.7 million in 2023, then plunged by 64.4% to -$34.0 million in 2024, then soared by 131.09% to $10.6 million in 2025, then sank by 229.22% to -$13.6 million in 2026.
  • The last three EBT figures came in at -$13.6 million (Q1 2026), $10.6 million (Q4 2025), and -$58.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (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 -13.64 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 20.91 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 -33.89 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - -22.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.64 Mn
Dec 31, 2025 10.56 Mn
Sep 30, 2025 -58.43 Mn
Jun 30, 2025 -42.72 Mn
Mar 31, 2025 -27.18 Mn
Dec 31, 2024 -33.96 Mn
Sep 30, 2024 -34.87 Mn
Jun 30, 2024 -48.15 Mn
Mar 31, 2024 23.63 Mn
Dec 31, 2023 -20.66 Mn
Sep 30, 2023 -4.48 Mn
Jun 30, 2023 12.91 Mn
Mar 31, 2023 45.30 Mn
Dec 31, 2022 47.09 Mn
Sep 30, 2022 84.11 Mn
Jun 30, 2022 96.64 Mn
Mar 31, 2022 113.31 Mn
Dec 31, 2021 54.69 Mn
Sep 30, 2021 51.57 Mn
Jun 30, 2021 33.33 Mn