MP Materials owns and operates the Mountain Pass rare-earth mine and processing complex in California, the principal scaled rare-earth production site in North America. It produces rare-earth concentrates and separated materials used in high-performance permanent magnets for electric vehicles, wind turbines, electronics and defense systems. The company aims to rebuild domestic midstream and magnet supply chains that have long been concentrated in Asia.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 57.4 | — | -30.9 | — |
| Q3 2025 | 53.5 | — | -41.8 | — |
| Q4 2025 | 52.7 | — | 9.4 | — |
| Q1 2026 | 90.7 | — | -8 | — |
| Q2 2026 | 108.5 | 89% | -20.3 | — |
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