MP Materials Corp. (MP) Net Income CAGR:-98.60%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, MP Materials Corp.'s Net Income CAGR averages 63.21% over 3 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how MP Materials Corp.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
MP Net Income CAGR Chart
MP Materials Corp. (MP)
MP Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 16 quarters.
MP Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $-65.42M | $-85.87M | $-20.45M | N/A | N/A |
| 2024 | $24.31M | $-65.42M | $-89.73M | -369.16% | N/A |
| 2023 | $289.00M | $24.31M | $-264.70M | -91.59% | -91.59% |
| 2022 | $135.04M | $289.00M | +$153.97M | +114.02% | +114.02% |
| 2021 | $-21.82M | $135.04M | +$156.86M | N/A | N/A |
| 2020 | $-6.75M | $-21.82M | $-15.07M | N/A | N/A |
| 2019 | $-13.47M | $-6.75M | +$6.71M | N/A | N/A |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | -$7.97M | — | +64.8% |
| Q4 2025 | $9.43M | — | — |
| Q3 2025 | -$41.78M | -35.3% | -63.7% |
| Q2 2025 | -$30.87M | -36.3% | +9.3% |
| Q1 2025 | -$22.65M | -1.4% | — |
| Q4 2024 | -$22.34M | +12.4% | -37.4% |
| Q3 2024 | -$25.52M | +25.1% | -496.7% |
| Q2 2024 | -$34.05M | — | — |
| Q1 2024 | $16.49M | — | -56.0% |
| Q4 2023 | -$16.26M | -280.2% | — |
| Q3 2023 | -$4.28M | — | — |
| Q2 2023 | $7.39M | -80.3% | -89.9% |
| Q1 2023 | $37.45M | -44.1% | -56.2% |
| Q4 2022 | $67.01M | +6.1% | +36.8% |
| Q3 2022 | $63.18M | -13.8% | +47.7% |
| Q2 2022 | $73.27M | -14.4% | +169.7% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky