MP Q2 2022 Earnings — MP Materials Corp. Revenue & Financial Results | Market Cap Arena

MPMP Materials Corp.

$11B

Q2 2022 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$144M+96.3% YoY

Gross Profit

$116M80.8% margin

Operating Income

$96M66.7% margin

Net Income

$73M51.0% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-13.7%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

$31M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$931M

Stockholders' Equity

$1.2B

Cash & Equivalents

$664M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$144M	$73M	+96.3%
Gross Profit	$116M	$48M	+139.3%
Operating Income	$96M	$32M	+194.9%
Net Income	$73M	$27M	+169.7%