MP Materials (MP) Gross Profit (2020 - 2026)
MP Materials (MP) reported Gross Profit of $16.4 million for Q1 2026, up 36.94% on a YoY basis from $12.0 million in Q1 2025, and up 114.85% quarter-over-quarter from $7.6 million in Q4 2025.
MP Materials (MP) Gross Profit (2020 - 2026) Analysis & Trends
MP Materials has reported Gross Profit for 7 years, with the latest figure at $16.4 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 36.94% year-over-year to $16.4 million; the trailing twelve-month figure through Mar 2026 stood at $36.1 million (up 255.16% YoY), and the FY2025 full-year result was $31.7 million, up 180.88% from the prior year.
- Gross Profit for Q1 2026 stood at $16.4 million, up from $7.6 million in the prior quarter.
- The five-year high for Gross Profit was $143.1 million in Q1 2022, with the low at -$10.2 million in Q2 2024.
- Historically, Gross Profit has averaged $38.5 million across 5 years, with a median of $16.4 million in 2026.
- Annual changes were most pronounced in 2022 — Gross Profit soared 240.39% — and 2024, when it sank 124.7%.
- MP Materials' Gross Profit stood at $68.7 million in 2022, then tumbled by 74.34% to $17.6 million in 2023, then slumped by 84.55% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 17.63 Mn |
| Dec 31, 2023 | 17.63 Mn |