MP Materials Corp.
MP Basic Materials Other Industrial Metals & Mining
MP Materials Corp.’s revenue for fiscal 2025 (year ended December 2025) was $224.4 million, up 10.1% from fiscal 2024.
- Revenue
- +175.7%
- EPS
- +50.0%
- Free cash flow
- −638.5%
- Total debt
- −6.12%
Quarter to September 2026, against a year earlier
Follow MP
Alert me
MP Materials Corp. 10-Q filed Aug 7, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 8, 2026: 3 added · 5 removed · 46 modified; 7 with only figures updated; 1 moved without change
-
Modified · Business Overview
The Magnetics segment represents our downstream magnet manufacturing and related operations, which currently consist of (i) the Independence Facility, a fully integrated metal, alloy, and magnet manufacturing plant and (ii) the 10X Facility (discussed below). The Magnetics segment began generating revenue from sales of magnetic precursor products to a single customer in the U.S., in the first quarter of 2025, and commenced the manufacturing of neodymium-iron-boron (“NdFeB”) permanent magnets in December 2025.