MP Materials Reports Third Quarter 2026 Results
Business Wire•05/11/2026•16:05 ET
0
Key Highlights
- ➤Revenue $147.7M, up 176% year over year
- ➤Adjusted EBITDA $41.1M versus $12.6M loss last year
- ➤NdPr sales 1,020 metric tons, up 94% year over year
- ➤GM magnet qualification completed; saleable deliveries and revenue begin Q4
- ➤Materials Segment revenue $133.5M, up 322% year over year
Expert Statements
James Litinsky, Founder, Chairman and CEO of MP Materials
“MP Materials delivered a strong quarter of growth across production, sales, and earnings”
James Litinsky, Founder, Chairman and CEO of MP Materials
“Most importantly, we completed the GM qualification process, with saleable magnet deliveries and revenue beginning in the fourth quarter.”
James Litinsky, Founder, Chairman and CEO of MP Materials
“This milestone is the result of years of compounding capabilities across the MP platform and marks an inflection point for our business and mission.”
NdPr production of 1,018 metric tons, a 41% increase year over year
NdPr sales of 1,020 metric tons(1), a 94% increase year over year
Get started
Create a free account to read the full story.