MP Materials (MP) Revenue & Revenue Breakdown
MP Materials Revenue Highlights
Latest Revenue (Y)
$253.44M
Latest Revenue (Q)
$31.26M
Main Segment (Y)
Product
MP Materials Revenue by Period
MP Materials Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $253.44M | -51.95% |
| 2022-12-31 | $527.51M | 58.91% |
| 2021-12-31 | $331.95M | 147.15% |
| 2020-12-31 | $134.31M | 82.96% |
| 2019-12-31 | $73.41M | - |
MP Materials generated $253.44M in revenue during NA 2023, up -51.95% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
MP Materials Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $31.26M | -35.79% |
| 2024-03-31 | $48.68M | 18.15% |
| 2023-12-31 | $41.20M | -21.54% |
| 2023-09-30 | $52.52M | -17.97% |
| 2023-06-30 | $64.02M | -33.10% |
| 2023-03-31 | $95.70M | 2.63% |
| 2022-12-31 | $93.25M | -25.07% |
| 2022-09-30 | $124.44M | -13.32% |
| 2022-06-30 | $143.56M | -13.65% |
| 2022-03-31 | $166.26M | 67.75% |
| 2021-12-31 | $99.11M | -0.65% |
| 2021-09-30 | $99.75M | 36.43% |
| 2021-06-30 | $73.12M | 21.92% |
| 2021-03-31 | $59.97M | 42.19% |
| 2020-12-31 | $42.18M | 2.82% |
| 2020-09-30 | $41.02M | 34.98% |
| 2020-06-30 | $30.39M | 46.68% |
| 2020-03-31 | $20.72M | - |
MP Materials generated $31.26M in revenue during Q2 2024, up -35.79% compared to the previous quarter, and up 32.66% compared to the same period a year ago.
MP Materials Revenue Breakdown
MP Materials Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 |
|---|---|
| Product | $517.27M |
| Product and Service, Other | $10.24M |
MP Materials's latest annual revenue breakdown by segment (product or service), as of Dec 22: Product (98.06%), and Product and Service, Other (1.94%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Mar 23 | Dec 22 | Sep 22 |
|---|---|---|---|---|
| Product | $64.00M | $95.67M | $92.10M | $124.23M |
| Product and Service, Other | $23.00K | $34.00K | $1.15M | $214.00K |
MP Materials's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Product (99.96%), and Product and Service, Other (0.04%).
MP Materials Peer Comparison by Revenue
MP Revenue FAQ
What is MP Materials’s yearly revenue?
MP Materials's yearly revenue for 2023 was $253.44M, representing a decrease of -51.95% compared to 2022. The company's yearly revenue for 2022 was $527.51M, representing an increase of 58.91% compared to 2021. MP's yearly revenue for 2021 was $331.95M, representing an increase of 147.15% compared to 2020.
What is MP Materials’s quarterly revenue?
MP Materials's quarterly revenue for Q2 2024 was $31.26M, a -35.79% decrease from the previous quarter (Q1 2024), and a -51.18% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $48.68M, a 18.15% increase from the previous quarter (Q4 2023), and a -49.13% decrease year-over-year (Q1 2023). MP's quarterly revenue for Q4 2023 was $41.2M, a -21.54% decrease from the previous quarter (Q3 2023), and a -55.81% decrease year-over-year (Q4 2022).
What is MP Materials’s revenue growth rate?
MP Materials's revenue growth rate for the last 3 years (2021-2023) was -23.65%, and for the last 5 years (2019-2023) was 245.24%.
What are MP Materials’s revenue streams?
MP Materials's revenue streams in c 22 are Product, and Product and Service, Other. Product generated $517.27M in revenue, accounting 98.06% of the company's total revenue Product and Service, Other generated $10.24M in revenue, accounting 1.94% of the company's total revenue
What is MP Materials’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of MP Materials was Product. This segment made a revenue of $517.27M, representing 98.06% of the company's total revenue.