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MP Materials revenue MP

Sales by quarter and over the last twelve months, from 2020.

Last 12 months, to Jun 30, 2026
$305.4M
Latest quarter, Q2 FY26
$108.5M
+89% on a year earlier
Fiscal year 2025
$224.4M
+10% on the year before

MP Materials' revenue was $305.4M over the twelve months to Jun 30, 2026, up 26% on a year earlier.

In its latest quarter, Q2 FY26, it was $108.5M, up 89% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 11% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$224.4M+10%
FY2024$203.9M−20%
FY2023$253.4M−52%
FY2022$527.5M+59%
FY2021$332M+147%
FY2020$134.3Mn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$108.5M+89%$305.4M
Q1 FY26$90.6M+49%$254.3M
Q4 FY25$52.7M−14%$224.4M
Q3 FY25$53.6M−15%$232.7M
Q2 FY25$57.4M+84%$242.1M
Q1 FY25$60.8M+25%$216M
Q4 FY24$61M+48%$203.9M
Q3 FY24$62.9M+20%$184.1M
Q2 FY24$31.3M−51%$173.7M
Q1 FY24$48.7M−49%$206.4M
Q4 FY23$41.2M−56%$253.4M
Q3 FY23$52.5M−58%$305.5M

Against its peers

Companies in Basic Materials nearest MP Materials' size, closest first, today.

CompanyRevenue, 12 monthsGrowth
MPMP Materials$305.4M+26% a year
AXTAAxalta Coating Systems$5.2B−1% a year
EMNEastman Chemical$8.9B−5% a year
HXLHexcel$2B+5% a year
NEUNewmarket$2.7B−1% a year
SSRMSSR Mining$1.9B+48% a year
ESIElement Solutions$3.2B+27% a year
SXTSensient Technologies$1.7B+8% a year
BCPCBalchem$1.1B+9% a year
CTVACorteva$17.8B+4% a year
EXPEagle Materials$2.3B+2% a year
Peer median$2.5B

Where MP Materials ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on MP Materials

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.