Companies: 10,795·Total market cap: $144.5T
MP Materials Corp.

MP Materials Corp.

MPNYSEBasic Materials● Active
$58.50
$-0.68(-1.15%)
Market Cap$10.4B
P/E Ratio
52W High$100.251
52W Low$23.26

MP Materials Corp. (MP) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MP · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$85.9M for FY2025 (fiscal year ending 2025-12-31), down 31.3% year-over-year. Net profit margin was -31.2%. Based on available data, MP Materials Corp. has been profitable since at least 2021.

FY2025 Net Income−$85.9M▼ -31.3% YoY
Trailing 12M (TTM)−$71.2Mtrailing 4 quarters sum
Net Profit Margin-31.2%−$85.9M ÷ $275.5M
YoY Change-31.3%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2021

▸ FMP /income-statement · Annual · MP net income history · MP profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$85.9M▼ 31.3%-31.2%
FY2024Loss−$65.4M▼ 369.2%-32.1%
FY2023$24.3M▼ 91.6%9.6%
FY2022$289.0M▲ +114.0%54.8%
FY2021★ First Profit$135.0M▲ +718.7%40.7%

Net income vs peers (Basic Materials)

#CompanyNet IncomeYoY
#1
MP Materials Corp.
MP Materials Corp.YOU
MP
−$85.9M-31.3%
#2
Rio Tinto Group
Rio Tinto Group
RIO
$9.99B-13.5%
#3
BHP Group Limited
BHP Group Limited
BHP
$9.02B+14.2%
#4
Linde plc
Linde plc
LIN
$6.90B+5.1%
#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$4.33B+28.4%
#6
Newmont Corporation
Newmont Corporation
NGT.TO
$3.35B+234.2%
Basic Materials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

MP Materials Corp. (MP) reported net income of −$85.9M for FY2025 (fiscal year ending 2025-12-31), down 31.3% year-over-year. The net profit margin was -31.2% — meaning the company kept $-0.31 of every dollar of revenue as profit.

Based on available data, MP Materials Corp. has been profitable since at least 2021. Net income reached a peak of $289.0M in FY2022. Data available for 8 fiscal years.

MP Materials Corp.'s net profit margin was -31.2% for FY2025, based on the latest annual results.

Investors sometimes search for "MP Materials Corp. net worth" — the company's market capitalization is a separate figure from MP net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

MP net income · 4 questions

MP Materials Corp. is not currently profitable on an annual basis. The company reported a net loss of $85.9M for FY2025.

is MP profitabledoes MP make a profitMP profitabilityMP profitable company

Source: FMP /income-statement · GAAP · MP Materials Corp. · MP Materials Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026