MP Materials annual operating margin
2019
2020
2021
2022
2023
2024
2025
MP Materials Operating Margin Growth & History (MP)
MP Materials's operating margin was −66.55% for fiscal 2025.
View full MP Materials company overviewMP Materials annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −66.55% | +16.56 pp |
| 2024 | 2024-12-31 | −83.11% | −76.12 pp |
| 2023 | 2023-12-31 | −6.99% | −69.06 pp |
| 2022 | 2022-12-31 | 62.07% | +12.26 pp |
| 2021 | 2021-12-31 | 49.81% | +75.65 pp |
| 2020 | 2020-12-31 | −25.84% | −15.40 pp |
| 2019 | 2019-12-31 | −10.44% | — |
MP Materials quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −29.52% | +46.94 pp |
| Q1 2026 | 2026-03-31 | −26.61% | +30.58 pp |
| Q4 2025 | 2025-12-31 | −7.01% | +65.08 pp |
| Q3 2025 | 2025-09-30 | −125.15% | −62.32 pp |
| Q2 2025 | 2025-06-30 | −76.46% | +94.67 pp |
| Q1 2025 | 2025-03-31 | −57.19% | +9.43 pp |
| Q4 2024 | 2024-12-31 | −72.09% | +9.53 pp |
| Q3 2024 | 2024-09-30 | −62.83% | −29.44 pp |
| Q2 2024 | 2024-06-30 | −171.13% | −171.88 pp |
| Q1 2024 | 2024-03-31 | −66.62% | −101.06 pp |
| Q4 2023 | 2023-12-31 | −81.61% | −121.79 pp |
| Q3 2023 | 2023-09-30 | −33.39% | −97.01 pp |
| Q2 2023 | 2023-06-30 | 0.75% | −65.94 pp |
| Q1 2023 | 2023-03-31 | 34.44% | −34.74 pp |
| Q4 2022 | 2022-12-31 | 40.18% | −16.93 pp |
| Q3 2022 | 2022-09-30 | 63.62% | +9.39 pp |
| Q2 2022 | 2022-06-30 | 66.70% | +21.93 pp |
| Q1 2022 | 2022-03-31 | 69.18% | +32.84 pp |
| Q4 2021 | 2021-12-31 | 57.11% | +38.83 pp |
| Q3 2021 | 2021-09-30 | 54.23% | +14.70 pp |
| Q2 2021 | 2021-06-30 | 44.77% | +246.29 pp |
| Q1 2021 | 2021-03-31 | 36.34% | +23.57 pp |
| Q4 2020 | 2020-12-31 | 18.28% | — |
| Q3 2020 | 2020-09-30 | 39.53% | — |
| Q2 2020 | 2020-06-30 | −201.52% | — |
| Q1 2020 | 2020-03-31 | 12.77% | — |
MP Materials operating margin trends
Over the last five reported fiscal years, MP Materials's operating margin decreased from −25.84% to −66.55%, a change of −40.72 percentage points. The latest reported quarter, Q2 2026, shows −29.52%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MP Materials filings at SEC.gov ↗