MP Materials Corp. / DE (MP) FY2026 Q2 P&L / Income Statement

MP Materials Corp. / DE (MP) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue (including related party)

108,490,000 US dollars

Cost of revenue (calculated)

72,292,000 US dollars

Gross profit (calculated)

36,198,000 US dollars

Operating costs, net of other operating income (calculated)

68,227,000 US dollars

Operating loss

negative 32,029,000 US dollars

Other income (expense), net (calculated)

2,694,000 US dollars

Loss before income taxes

negative 29,335,000 US dollars

Income tax benefit

negative 9,039,000 US dollars

Net loss

negative 20,296,000 US dollars

Materials Segment

95,629,000 US dollars

Magnetics Segment

16,524,000 US dollars

Cost of sales (excluding depreciation, depletion and amortization) (including related party)

72,292,000 US dollars

Start-up costs

14,428,000 US dollars

Other operating costs and expenses (income), net

negative 447,000 US dollars

Depreciation, depletion and amortization

35,379,000 US dollars

Selling, general and administrative

35,164,000 US dollars

Advanced projects and development

1,283,000 US dollars

Price protection agreement income

negative 17,580,000 US dollars

Revenue before reconciliation (calculated)

112,153,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations

negative 3,663,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.