MP Materials Corp. / DE (MP) stock
MPNYSEMetal MiningFiscal year ends December 31
$36.73+0.27 (+0.74%)
Close on Nov 11, 2026Market cap $6.54BP/E –Yield –
MP Materials Corp. / DE gross margin
Gross margin is gross profit as a percentage of revenue.
MP Materials Corp. / DE's gross margin for the twelve months ending Sep 30, 2026 was 30.6%. For fiscal 2025 it was 14.1%, against 5.5% the year before. The highest annual figure on record is 82.5% in fiscal 2022.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 14.1% | +8.6 |
| FY2024 | Dec 31, 2024 | 5.5% | −57.9 |
| FY2023 | Dec 31, 2023 | 63.4% | −19.1 |
| FY2022 | Dec 31, 2022 | 82.5% | +30.0 |
| FY2020 | Dec 31, 2020 | 52.5% | +35.9 |
| FY2019 | Dec 31, 2019 | 16.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 42.0% | +32.5 |
| Q2 FY2026 | Jun 30, 2026 | 33.4% | +21.2 |
| Q1 FY2026 | Mar 31, 2026 | 18.1% | −1.6 |
| Q4 FY2025 | Dec 31, 2025 | 14.5% | +10.0 |
| Q3 FY2025 | Sep 30, 2025 | 9.5% | +0.5 |
| Q2 FY2025 | Jun 30, 2025 | 12.1% | +44.8 |
| Q1 FY2025 | Mar 31, 2025 | 19.7% | −7.2 |
| Q4 FY2024 | Dec 31, 2024 | 4.5% | −65.6 |
| Q3 FY2024 | Sep 30, 2024 | 9.0% | −29.9 |
| Q2 FY2024 | Jun 30, 2024 | -32.6% | – |
| Q1 FY2024 | Mar 31, 2024 | 26.9% | – |
| Q1 FY2021 | Mar 31, 2021 | 70.1% | – |
| Q1 FY2020 | Mar 31, 2020 | 38.9% | – |
See a number that looks wrong?