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

- Company: MP Materials Corp. / DE (MP)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-07, accession number 0001801368-26-000048
- Page: https://plicit.ai/financials/mp/fy2026-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/mp-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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

- **Revenue (including related party)**: 199,139,000 US dollars
- **Cost of revenue (calculated)**: 146,537,000 US dollars
- **Gross profit (calculated)**: 52,602,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 108,753,000 US dollars
- **Operating loss**: negative 56,151,000 US dollars
- **Other income (expense), net (calculated)**: 13,174,000 US dollars
- **Loss before income taxes**: negative 42,977,000 US dollars
- **Income tax benefit**: negative 14,713,000 US dollars
- **Net loss**: negative 28,264,000 US dollars
- **Materials Segment**: 167,806,000 US dollars
- **Magnetics Segment**: 37,602,000 US dollars
- **Cost of sales (excluding depreciation, depletion and amortization) (including related party)**: 146,537,000 US dollars
- **Start-up costs**: 20,317,000 US dollars
- **Other operating costs and expenses (income), net**: 8,781,000 US dollars
- **Depreciation, depletion and amortization**: 67,516,000 US dollars
- **Selling, general and administrative**: 68,804,000 US dollars
- **Advanced projects and development**: 3,188,000 US dollars
- **Price protection agreement income**: negative 59,853,000 US dollars
- **Revenue before reconciliation (calculated)**: 205,408,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment Eliminations**: negative 6,269,000 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.