MP Materials (MP) Revenue (2020 - 2026)
MP Materials' (MP) quarterly Revenue came in at $90.6 million in Q1 2026, up 49.07% YoY from $60.8 million in Q1 2025, and up 72.06% on a QoQ basis from $52.7 million in Q4 2025.
MP Materials (MP) Revenue (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Revenue data on file, last reported at $90.6 million in Q1 2026.
- Quarterly Revenue rose 49.07% year-over-year to $90.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $254.3 million (up 17.73% YoY) and the FY2025 annual result came in at $224.4 million, up 10.1% from the prior year.
- Revenue advanced to $90.6 million in Q1 2026, from $52.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $166.3 million in Q1 2022 to a low of $31.3 million in Q2 2024.
- A 5-year average of $76.5 million and a median of $61.0 million in 2024 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue jumped 177.23% — and 2023, when it plunged 57.8%.
- Tracing MP's Revenue over 5 years: stood at $93.2 million in 2022, then tumbled by 55.81% to $41.2 million in 2023, then soared by 48.01% to $61.0 million in 2024, then slipped by 13.61% to $52.7 million in 2025, then soared by 72.06% to $90.6 million in 2026.
- The last three Revenue figures came in at $90.6 million (Q1 2026), $52.7 million (Q4 2025), and $53.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 2.61 Bn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 108.49 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 31.08 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 613.91 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 5.82 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 1.64 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | 907.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 108.49 Mn |
| Mar 31, 2026 | 90.65 Mn |
| Dec 31, 2025 | 52.69 Mn |
| Sep 30, 2025 | 53.55 Mn |
| Jun 30, 2025 | 57.39 Mn |
| Mar 31, 2025 | 60.81 Mn |
| Dec 31, 2024 | 60.99 Mn |
| Sep 30, 2024 | 62.93 Mn |
| Jun 30, 2024 | 31.26 Mn |
| Mar 31, 2024 | 48.68 Mn |
| Dec 31, 2023 | 41.21 Mn |
| Sep 30, 2023 | 52.52 Mn |
| Jun 30, 2023 | 64.02 Mn |
| Mar 31, 2023 | 95.70 Mn |
| Dec 31, 2022 | 93.25 Mn |
| Sep 30, 2022 | 124.45 Mn |
| Jun 30, 2022 | 143.56 Mn |
| Mar 31, 2022 | 166.26 Mn |
| Dec 31, 2021 | 99.11 Mn |
| Sep 30, 2021 | 99.75 Mn |