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
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From MP Materials's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$224.44M
+10.1%
$-0.50
—
-38.3%
FY2024
$203.85M
-19.6%
$-0.57
-507.1%
-32.1%
FY2023
$253.44M
-52.0%
$0.14
-90.8%
9.6%
FY2022
$527.51M
+58.9%
$1.52
+108.2%
54.8%
FY2021
$331.95M
+147.2%
$0.73
—
40.7%
Frequently asked questions
When is MP Materials's next earnings date?
MP Materials has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did MP Materials earn last quarter?
For the quarter ended Sep 2026, MP Materials reported diluted EPS of $-0.12 on revenue of $147.66M (+175.7%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.