Every material Form 8-K MP Materials filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MP Materials reported results for the quarter ended September 30, 2026, in a press release filed under Item 2.02 of Form 8-K. Revenue rose 176% year over year to $147.7 million, and the net loss narrowed to $20.7 million, or $0.12 per share, from $41.8 million, or $0.24 per share, a year earlier. Shareholders get a clearer view of the company's progress from a loss-making period toward positive adjusted earnings, though the filing gives no forward guidance.
Revenue $147.7 million vs. $53.6 million in Q3 2025; Materials Segment revenue rose 322% to $133.5 million
Net loss $20.7 million ($0.12 per diluted share) vs. $41.8 million ($0.24) a year earlier
Adjusted EBITDA $41.1 million vs. a loss of $12.6 million; NdPr sales volume 1,020 metric tons, up 94%
GM magnet qualification completed; saleable magnet deliveries and revenue expected to begin in Q4 2026
MP Materials reported second-quarter 2026 results for the three months ended June 30, 2026, with revenue up 89% year over year and a smaller net loss than a year earlier. The company still posted a net loss of $20.3 million, and start-up costs rose to $14.4 million from $0.8 million, as magnet production ramps at Independence. The results show higher NdPr sales volumes and a swing to positive Adjusted EBITDA, which matters to shareholders because the company remains unprofitable on a GAAP basis.
Revenue of $108.5 million, up 89% from $57.4 million in the second quarter of 2025.
Net loss of $20.3 million, or $0.11 per diluted share, versus a net loss of $30.9 million, or $0.19 per share, a year earlier.
Adjusted EBITDA of $28.5 million, compared with a loss of $12.5 million in the prior-year quarter, including $17.6 million of price protection agreement income.
NdPr sales volume of 1,006 metric tons, up 127% year over year.
MP Materials reported first-quarter 2026 results for the three months ended March 31, 2026. Revenue rose 49% year over year to $90.6 million, and net loss narrowed to $8.0 million from $22.6 million, with Adjusted EBITDA of $36.6 million compared with a loss of $2.7 million a year earlier. The company also reported $42.3 million of price protection agreement income, which is separate from revenue.
Revenue of $90.6 million, up 49% year over year, driven by higher NdPr oxide and metal sales
Net loss of $8.0 million, or $(0.04) per diluted share, versus a net loss of $22.6 million, or $(0.14), in the prior-year quarter
Adjusted EBITDA of $36.6 million, versus a loss of $2.7 million a year earlier
Price protection agreement income of $42.3 million; the filing reports a $8.8 million construction-related litigation settlement within transaction-related costs
MP Materials reported fourth-quarter 2025 net income of $9.4 million, compared with a net loss of $22.3 million a year earlier, while revenue fell 14% to $52.7 million. The quarter was lifted by $51.0 million of price protection agreement income tied to the U.S. Department of War's NdPr price floor, which began October 1, 2025, and by the company's cessation of rare earth concentrate sales to China. For full year 2025, revenue rose 10% to $224.4 million, but the net loss widened to $85.9 million from $65.4 million.
Q4 2025 revenue of $52.7 million, down 14% year over year; diluted EPS of $0.05 versus $(0.14) in Q4 2024
Q4 2025 Adjusted EBITDA of $39.2 million versus $(10.7) million a year earlier, including $51.0 million of price protection agreement income
Full year 2025 revenue of $224.4 million, up 10%; net loss of $85.9 million; diluted EPS of $(0.50) versus $(0.57) in 2024
The filing contains no forward revenue or earnings guidance; the release says the company expects to break ground on its Northlake, Texas 10X magnetics facility in 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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