MP Materials (MP) Operating Income (2020 - 2026)

MP Materials has reported Operating Income for 7 years, with the latest figure at -$24.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Income rose 30.64% year-over-year to -$24.1 million; the trailing twelve-month figure through Mar 2026 stood at -$138.7 million (up 19.24% YoY), and the FY2025 full-year result was -$149.4 million, up 11.84% from the prior year.
• Operating Income for Q1 2026 stood at -$24.1 million, down from -$3.7 million in the prior quarter.
• The five-year high for Operating Income was $115.0 million in Q1 2022, with the low at -$67.0 million in Q3 2025.
• Historically, Operating Income has averaged -$2.0 million across 5 years, with a median of -$24.1 million in 2026.
• Annual changes were most pronounced in 2022 — Operating Income jumped 429.84% — and 2024, when it plunged 11174.95%.
• MP Materials' Operating Income stood at $37.5 million in 2022, then tumbled by 189.76% to -$33.6 million in 2023, then tumbled by 30.73% to -$44.0 million in 2024, then surged by 91.6% to -$3.7 million in 2025, then sank by 553.54% to -$24.1 million in 2026.
• The last three Operating Income figures came in at -$24.1 million (Q1 2026), -$3.7 million (Q4 2025), and -$67.0 million (Q3 2025), per Business Quant data.