MP Materials Corp.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 331.95M | 527.51M | 253.44M | 203.85M | 275.46M | 35.1% | |
| Cost of Revenue | (100.64M) | (110.57M) | (148.42M) | (270.64M) | (282.06M) | 4.2% | |
Gross Profit | 231.32M | 416.94M | 105.02M | -66.79M | -6.60M | -90.1% | |
| Operating Expenses | |||||||
| Research & Development | (4.20M) | (4.25M) | (14.93M) | (9.31M) | — | -100.0% | |
| Selling, General & Administrative | (56.65M) | (75.86M) | (79.25M) | (83.30M) | (112.07M) | 34.5% | |
| Depreciation & Amortization | (24.38M) | (18.36M) | (55.71M) | (78.06M) | (90.76M) | 16.3% | |
Operating Income (EBIT) | 165.34M | 327.41M | -17.72M | -169.43M | -122.77M | -27.5% | |
| Non-Operating Items | |||||||
| Interest Income | 353.00K | 19.83M | 55.64M | 47.11M | 52.02M | 10.4% | |
| Interest Expense | (8.90M) | (5.79M) | (5.25M) | (23.01M) | (31.48M) | 36.8% | |
| Other Income/Expenses (Net) | -5.15M | 13.74M | 50.79M | 76.08M | 5.00M | -93.4% | |
Income Before Tax | 160.19M | 341.15M | 33.08M | -93.35M | -117.77M | 26.2% | |
| Income Tax Expense | (25.16M) | (52.15M) | (8.77M) | (27.92M) | (31.90M) | 14.2% | |
Net Income | 135.04M | 289.00M | 24.31M | -65.42M | -85.87M | 31.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $2 | $0 | $-1 | $-1 | -12.3% | |
| Weighted Avg Shares Outstanding | 173.47M | 176.52M | 177.18M | 166.84M | 170.13M | 2.0% | |
| Weighted Avg Shares Outstanding (Diluted) | 189.84M | 193.45M | 178.15M | 169.88M | 170.13M | 0.1% | |
EBITDA | 193.48M | 365.29M | 94.04M | 7.72M | 4.46M | -42.2% |
Explore MP
MP in the Basic Materials
Mid Cap