MP Materials Gross Profit Growth & History (MP)
MP Materials's gross profit was $31.7M for fiscal 2025.
View full MP Materials company overviewMP Materials annual gross profit history
2019
2020
2022
2023
2024
2025
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $31.7M | $20.4M | +180.88% |
| 2024 | 2024-12-31 | $11.3M | −$149.5M | −92.99% |
| 2023 | 2023-12-31 | $160.7M | −$274.6M | −63.08% |
| 2022 | 2022-12-31 | $435.3M | — | — |
| 2020 | 2020-12-31 | $70.5M | $58.8M | +499.80% |
| 2019 | 2019-12-31 | $11.8M | — | — |
MP Materials quarterly gross profit
Q1.20
Q1.21
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $36.2M | $29.2M | +419.94% |
| Q1 2026 | 2026-03-31 | $16.4M | $4.4M | +36.94% |
| Q4 2025 | 2025-12-31 | $7.6M | $4.9M | +180.39% |
| Q3 2025 | 2025-09-30 | $5.1M | −$585,000 | −10.33% |
| Q2 2025 | 2025-06-30 | $7.0M | $17.2M | — |
| Q1 2025 | 2025-03-31 | $12.0M | −$1.1M | −8.49% |
| Q4 2024 | 2024-12-31 | $2.7M | — | — |
| Q3 2024 | 2024-09-30 | $5.7M | — | — |
| Q2 2024 | 2024-06-30 | −$10.2M | — | — |
| Q1 2024 | 2024-03-31 | $13.1M | — | — |
| Q1 2021 | 2021-03-31 | $41.8M | $33.8M | +419.16% |
| Q1 2020 | 2020-03-31 | $8.1M | — | — |
MP Materials gross profit trends
Over the last five fiscal years, MP Materials's gross profit decreased from $70.5M to $31.7M, a change of −$38.9M. The latest reported quarter, Q2 2026, shows $36.2M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MP Materials source filings ↗