MP
Income statement / Annual
Last year (2023), MP Materials Corp.'s total revenue was $253.45 M,
a decrease of 51.95% from the previous year.
In 2023, MP Materials Corp.'s net income was $24.31 M.
See MP Materials Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$253.45 M
|
$527.51 M
|
$331.95 M
|
$134.31 M
|
$73.41 M
|
$67.42 M
|
| Cost of Revenue |
$148.42 M |
$110.57 M |
$100.64 M |
$102.40 M |
$67.83 M |
$57.28 M |
| Gross Profit |
$105.02 M |
$416.94 M |
$231.32 M |
$31.91 M |
$5.58 M |
$10.13 M |
| Gross Profit Ratio |
0.41 |
0.79 |
0.7 |
0.24 |
0.08 |
0.15 |
| Research and Development
Expenses |
$3.50 M
|
$11.82 M
|
$4.57 M
|
$140,000.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$0.00
|
$75.84 M
|
$57.22 M
|
$27.01 M
|
$11.10 M
|
$14.57 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$79.25 M
|
$75.84 M
|
$57.22 M
|
$27.01 M
|
$11.10 M
|
$14.57 M
|
| Other Expenses |
$0.00 |
$1.48 M |
$2.38 M |
$2.26 M |
$2.09 M |
$0.00 |
| Operating Expenses |
$82.74 M |
$89.13 M |
$64.16 M |
$29.26 M |
$13.20 M |
$18.58 M |
| Cost And Expenses |
$231.17 M |
$199.71 M |
$164.80 M |
$102.40 M |
$81.03 M |
$75.87 M |
| Interest Income |
$326,000.00 |
$19.83 M |
$353,000.00 |
$163,000.00 |
$461,000.00 |
$5.02 M |
| Interest Expense |
$5.58 M |
$5.79 M |
$8.90 M |
$5.01 M |
$3.41 M |
$0.00 |
| Depreciation &
Amortization |
$56.62 M
|
$19.83 M
|
$26.76 M
|
$9.19 M
|
$6.78 M
|
$4.45 M
|
| EBITDA |
$94.95 M
|
$366.77 M
|
$195.86 M
|
-$25.27 M
|
$3.44 M
|
-$4.43 M
|
| EBITDA Ratio |
0.37 |
0.66 |
0.51 |
0.24 |
0.02 |
-0.07 |
| Operating Income Ratio
|
0.09
|
0.62
|
0.5
|
0.19
|
-0.05
|
-0.13
|
| Total Other
Income/Expenses Net |
$10.80 M
|
$13.74 M
|
-$5.15 M
|
-$4.76 M
|
$866,000.00
|
-$4.58 M
|
| Income Before Tax |
$33.08 M |
$341.15 M |
$160.20 M |
-$39.46 M |
-$6.75 M |
-$13.47 M |
| Income Before Tax Ratio
|
0.13
|
0.65
|
0.48
|
-0.29
|
-0.09
|
-0.2
|
| Income Tax Expense |
$8.77 M |
$52.15 M |
$25.16 M |
-$17.64 M |
$1,000.00 |
$1,000.00 |
| Net Income |
$24.31 M |
$289.00 M |
$135.04 M |
-$21.83 M |
-$6.76 M |
-$13.47 M |
| Net Income Ratio |
0.1 |
0.55 |
0.41 |
-0.16 |
-0.09 |
-0.2 |
| EPS |
0.14 |
1.64 |
0.78 |
-0.27 |
-0.1 |
-0.2 |
| EPS Diluted |
0.14 |
1.52 |
0.73 |
-0.27 |
-0.0981 |
-0.2 |
| Weighted Average Shares
Out |
$177.18 M
|
$176.52 M
|
$173.47 M
|
$79.69 M
|
$66.56 M
|
$66.56 M
|
| Weighted Average Shares
Out Diluted |
$178.15 M
|
$193.45 M
|
$189.84 M
|
$79.69 M
|
$68.88 M
|
$68.88 M
|
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