MP (MP Materials Corp.) Stock Financials & Earnings

MPMP Materials Corp.

Mkt Cap$11B

Revenue (TTM)$275M

Net Income (TTM)-$86M

EPS (TTM)-$0.52

Free Cash Flow (TTM)-$328M

Gross Margin5.8%

Op. Margin-53.0%

Net Margin-31.2%

FCF Margin-119.1%

P/S Ratio (TTM)39.9x

P/E Ratio (TTM)—

YoY Rev Growth+35.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$96M	$63M	$33M
Q2 23	$64M	$29M	$483K
Q3 23	$53M	$14M	-$18M
Q4 23	$41M	-$1M	-$34M
Q1 24	$49M	-$5M	-$27M
Q2 24	$31M	-$28M	-$53M
Q3 24	$63M	-$14M	-$40M
Q4 24	$61M	-$19M	-$44M
Q1 25	$61M	-$9M	-$35M
Q2 25	$57M	-$14M	-$44M
Q3 25	$54M	$5M	-$67M
Q4 25	$104M	$34M	-$236K

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	SG&A
Q1 23	$4M	$19M	—
Q2 23	$3M	—	$19M
Q3 23	$3M	—	$20M
Q4 23	—	—	$21M
Q1 24	$409K	—	$21M
Q2 24	$2M	—	$21M
Q3 24	$2M	—	$22M
Q4 24	$1M	—	$19M
Q1 25	$474K	—	$24M
Q2 25	$2M	—	$27M
Q3 25	—	—	$28M
Q4 25	$2M	—	$32M

Revenue Segments

Quarter	Product	Product and Service, Other
Q1 23	$96M	$34K
Q2 23	$64M	$23K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$651M	$518M	$1.2B
Q2 23	$927M	$201M	$1.1B
Q3 23	$548M	$537M	$1.1B
Q4 23	$265M	$734M	$999M
Q1 24	$297M	$650M	$947M
Q2 24	$297M	$641M	$938M
Q3 24	$284M	$582M	$866M
Q4 24	$282M	$568M	$851M
Q1 25	$198M	$561M	$759M
Q2 25	$262M	$492M	$754M
Q3 25	$1.1B	$793M	$1.9B
Q4 25	$1.2B	$664M	$1.8B

Shares Outstanding

Revenue Per Employee

Revenue / Employee