MP Q3 2023 Earnings — MP Materials Corp. Revenue & Financial Results | Market Cap Arena

MPMP Materials Corp.

$11B

Q3 2023 Earnings

Basic Materials Industrial Materials

Income Statement

Revenue

$53M-57.8% YoY

Gross Profit

$14M25.8% margin

Operating Income

-$18M-33.4% margin

Net Income

-$4M-8.1% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-18.0%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

-$48M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$946M

Stockholders' Equity

$1.4B

Cash & Equivalents

$548M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$124M	-57.8%
Gross Profit	$14M	$100M	-86.4%
Operating Income	-$18M	$79M	-122.2%
Net Income	-$4M	$63M	-106.8%