MP Materials (MP) Gross Profit (2020 - 2026)
MP Materials' (MP) quarterly Gross Profit came in at $16.4 million in Q1 2026, up 36.94% YoY from $12.0 million in Q1 2025, and up 114.85% on a QoQ basis from $7.6 million in Q4 2025.
MP Materials (MP) Gross Profit (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Gross Profit data on file, last reported at $16.4 million in Q1 2026.
- Quarterly Gross Profit rose 36.94% year-over-year to $16.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.1 million (up 255.16% YoY) and the FY2025 annual result came in at $31.7 million, up 180.88% from the prior year.
- Gross Profit grew to $16.4 million in Q1 2026, from $7.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $159.1 million in Q4 2022 to a low of -$44.9 million in Q4 2023.
- A 5-year average of $40.2 million and a median of $13.1 million in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit soared 240.39% — and 2023, when it tumbled 128.25%.
- Tracing MP's Gross Profit over 5 years: stood at $159.1 million in 2022, then plunged by 128.25% to -$44.9 million in 2023, then jumped by 106.06% to $2.7 million in 2024, then surged by 180.39% to $7.6 million in 2025, then jumped by 114.85% to $16.4 million in 2026.
- The last three Gross Profit figures came in at $16.4 million (Q1 2026), $7.6 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 |
| 10 | TMC the metals | 2.15 Bn | 2.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.20 Mn |
| Jun 30, 2026 | 36.20 Mn |
| Mar 31, 2026 | 16.40 Mn |
| Mar 31, 2026 | 16.40 Mn |
| Dec 31, 2025 | 7.64 Mn |
| Dec 31, 2025 | 7.64 Mn |
| Sep 30, 2025 | 5.08 Mn |
| Sep 30, 2025 | 5.08 Mn |
| Jun 30, 2025 | 6.96 Mn |
| Jun 30, 2025 | 6.96 Mn |
| Mar 31, 2025 | 11.98 Mn |
| Mar 31, 2025 | 11.98 Mn |
| Dec 31, 2024 | 2.72 Mn |
| Dec 31, 2024 | 2.72 Mn |
| Sep 30, 2024 | 5.66 Mn |
| Sep 30, 2024 | 5.66 Mn |
| Jun 30, 2024 | -10.21 Mn |
| Jun 30, 2024 | -10.21 Mn |
| Mar 31, 2024 | 13.09 Mn |
| Mar 31, 2024 | 13.09 Mn |