MP Materials (MP) Revenue & Revenue Breakdown


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MP Materials Revenue Highlights


Latest Revenue (Y)

$203.85M

Latest Revenue (Q)

$53.55M

Main Segment (Y)

Materials Segment

MP Materials Revenue by Period


MP Materials Revenue by Year

DateRevenueChange
2024-12-31$203.85M-19.57%
2023-12-31$253.44M-51.95%
2022-12-31$527.51M58.91%
2021-12-31$331.95M147.15%
2020-12-31$134.31M82.96%
2019-12-31$73.41M8.89%
2018-12-31$67.42M-

MP Materials generated $203.85M in revenue during NA 2024, up -19.57% compared to the previous quarter, and up 277.69% compared to the same period a year ago.

MP Materials Revenue by Quarter

DateRevenueChange
2025-09-30$53.55M-6.69%
2025-06-30$57.39M-5.62%
2025-03-31$60.81M-0.29%
2024-12-31$60.99M-3.08%
2024-09-30$62.93M101.31%
2024-06-30$31.26M-35.79%
2024-03-31$48.68M18.15%
2023-12-31$41.20M-21.54%
2023-09-30$52.52M-17.97%
2023-06-30$64.02M-33.10%
2023-03-31$95.70M2.63%
2022-12-31$93.25M-25.07%
2022-09-30$124.44M-13.32%
2022-06-30$143.56M-13.65%
2022-03-31$166.26M67.75%
2021-12-31$99.11M-0.65%
2021-09-30$99.75M36.43%
2021-06-30$73.12M21.92%
2021-03-31$59.97M42.19%
2020-12-31$42.18M2.82%
2020-09-30$41.02M34.98%
2020-06-30$30.39M46.68%
2020-03-31$20.72M-1.56%
2019-12-31$21.05M-21.80%
2019-09-30$26.92M111.55%
2019-06-30$12.72M-
2019-03-31$12.72M-

MP Materials generated $53.55M in revenue during Q3 2025, up -6.69% compared to the previous quarter, and up 171.33% compared to the same period a year ago.

MP Materials Revenue Breakdown


MP Materials Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22
Materials Segment$203.85M-
Product-$517.27M
Product and Service, Other-$10.24M

MP Materials's latest annual revenue breakdown by segment (product or service), as of Dec 24: Materials Segment (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 23Mar 23Dec 22Sep 22
Other Revenue$695.00K----
Product and Service, Other-$23.00K$34.00K$1.15M$214.00K
Product-$64.00M$95.67M$92.10M$124.23M

MP Materials's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Other Revenue (100.00%).

MP Materials Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HMYHarmony Gold Mining$49.27B$1.70B
SUZSuzano$39.76B$9.46B
WLKWestlake$12.14B$2.84B
AAAlcoa$11.89B$3.00B
MOSMosaic$11.12B$3.45B
ALBAlbemarle$5.38B$1.31B
JHXJames Hardie Industries$3.94B$1.00B
CDECoeur Mining$1.05B$554.57M
RGLDRoyal Gold$605.72M$209.64M
MPMP Materials$203.85M$53.55M

MP Revenue FAQ


What is MP Materials’s yearly revenue?

MP Materials's yearly revenue for 2024 was $203.86M, representing a decrease of -19.57% compared to 2023. The company's yearly revenue for 2023 was $253.44M, representing a decrease of -51.95% compared to 2022. MP's yearly revenue for 2022 was $527.51M, representing an increase of 58.91% compared to 2021.

What is MP Materials’s quarterly revenue?

MP Materials's quarterly revenue for Q3 2025 was $53.55M, a -6.69% decrease from the previous quarter (Q2 2025), and a -14.90% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $57.39M, a -5.62% decrease from the previous quarter (Q1 2025), and a 83.61% increase year-over-year (Q2 2024). MP's quarterly revenue for Q1 2025 was $60.81M, a -0.29% decrease from the previous quarter (Q4 2024), and a 24.91% increase year-over-year (Q1 2024).

What is MP Materials’s revenue growth rate?

MP Materials's revenue growth rate for the last 3 years (2022-2024) was -61.36%, and for the last 5 years (2020-2024) was 51.78%.

What are MP Materials’s revenue streams?

MP Materials's revenue streams in c 24 are Materials Segment

What is MP Materials’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MP Materials was Materials Segment. This segment made a revenue of $203.86M, representing 100.00% of the company's total revenue.