MPMP Materials Corp.
Price
-37%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality shaky, nothing alarming, growing in the filings, the market against it.
MP Materials Corp., including its subsidiaries (the “Company,” “MP Materials,” “we,” “our,” and “us”), is the largest producer of rare earth materials in the Western Hemisphere. Headquartered in Las Vegas, Nevada, the Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (“Mountain Pass”) located near Mountain Pass, San Bernardino County, California, the only rare earth mining and processing site of scale in North America.
In the company’s own words · 10-K filed Feb 26, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
MP Materials Corp. (MP) reported revenue of $108M in Q2 2026 (quarter ended Jun 30, 2026), up 89% from the same quarter a year earlier. That came with a gross margin of 33% and net loss of $20M. For the full year FY2025, revenue was $224M (+10% year on year) and net income −$86M. Its largest product in Q2 2026 was Nd Pr Oxide And Metal at $94M, 84% of the disclosed total, well ahead of Magnetic Precursor Products at 15%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Nov 19, 2025On November 19, 2025, MP Materials Corp. (the “Company”) issued a press release that it has partnered with the U.S. Department of War (“DOW”) to establish a strategic joint venture with Maaden, Saudi Arabia’s flagship mining company, to develop a rare earth refinery in the Kingdom of Saudi Arabia.Other event · Form 8-K
- Oct 17, 2025Restricted Stock Unit with Performance Conditions Awards On October 13, 2025, the Compensation Committee of MP Materials Corp. (the “Company”) approved a one-time grant of restricted stock units with performance conditions (the “PRSUs”) to the Company’s executive officers.Director or officer change · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $112.2MThe company’s own SEC segment disclosure.
- Nd Pr Oxide And Metal$94.4M84%
- Magnetic Precursor Products$16.5M15%
- Other$1.2M1%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
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