MP Materials Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $224.4M | $203.9M | $253.4M | $527.5M | $332.0M | $134.3M | $73.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $112.1M | $83.3M | $79.2M | $75.9M | $56.6M | $26.8M | $11.1M |
| Operating Income | — | $-149.4M | $-169.4M | $-17.7M | $327.4M | $165.3M | $-34.7M | $-7.6M |
| Operating Margin | — | -66.6% | -83.1% | -7.0% | 62.1% | 49.8% | -25.8% | -10.4% |
| Interest Expense | — | — | $23.4M | $5.3M | $5.8M | $8.9M | $5.0M | $3.4M |
| Pretax Income | — | $-117.8M | $-93.3M | $33.1M | $341.2M | $160.2M | $-39.5M | $-6.8M |
| Income Tax Expense | — | $-31.9M | $-27.9M | $8.8M | $52.1M | $25.2M | $-17.6M | $1.0K |
| Net Income | — | $-85.9M | $-65.4M | $24.3M | $289.0M | $135.0M | $-21.8M | $-6.8M |
| Net Margin | — | -38.3% | -32.1% | 9.6% | 54.8% | 40.7% | -16.2% | -9.2% |
| EPS (Basic) | — | $-0.50 | $-0.39 | $0.14 | $1.64 | $0.78 | $-0.14 | $-0.05 |
| EPS (Diluted) | — | $-0.50 | $-0.57 | $0.14 | $1.52 | $0.73 | $-0.14 | $-0.05 |
| Shares Outstanding (Basic) | 177.7M | 170.1M | 166.8M | 177.2M | 176.5M | 173.5M | 159.4M | 133.1M |
| Shares Outstanding (Diluted) | 177.7M | 170.1M | 169.9M | 178.2M | 193.5M | 189.8M | 159.4M | 133.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |