Q3 FY2026 · ended Sep 30, 2026 · Revenue $147.66M, +175.7% YoY · Filed Nov 6, 2026
MP Materials Corp. / DE (MP) files with the SEC under industry code 1000, Metal Mining. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $147.7 million and a net loss of $20.7 million. Free cash flow was -$125.2 million. As of Sep 30, 2026 it held $1.3 billion in cash and investments and $953.3 million in total debt.
Revenue
$147.66M
+175.7% vs year-ago quarter
Net income
$-20.71M
+50.4% vs year-ago quarter
Operating cash flow
$-12.70M
+69.8% vs year-ago quarter
Free cash flow
$-125.23M
-35.3% vs year-ago quarter
EPS
$-0.12
+50.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
178.27M
+0.6% vs year-ago quarter
Net cash
$384.63M
Q3 FY2026
Operating margin
-20.5%
TTM
Company profile
- Industry
- Metal Mining (SIC 1000)
- Listed as
- MP (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Las Vegas, NV
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1801368
- Former names
- Fortress Value Acquisition Corp. (until Nov 16, 2020)
Other Metal Mining companies
- BHP Group Ltd BHP
- Rio Tinto Ltd RTNTF
- Southern Copper CORP/ SCCO
- Rio Tinto PLC RIO
- Freeport-Mcmoran Inc FCX
- Vale S.A. VALE
- Hudbay Minerals Inc. HBM
- Cleveland-Cliffs Inc. CLF
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $147.7M | $108.5M | $90.6M | $52.7M | $53.6M |
| Operating income | -$22.1M | -$32.0M | -$24.1M | -$3.7M | -$67.0M |
| Net income | -$20.7M | -$20.3M | -$8.0M | $9.4M | -$41.8M |
| Diluted EPS | -$0.12 | -$0.11 | -$0.04 | $0.05 | -$0.24 |
| Operating cash flow | -$12.7M | $6.8M | -$1.9M | -$46.9M | -$42.0M |
| Free cash flow | -$125.2M | -$223.5M | -$79.3M | -$109.3M | -$92.5M |
| Total assets | $3.8B | $3.7B | $3.8B | $3.9B | $3.8B |
| Total liabilities | $1.4B | $1.4B | $1.5B | $1.5B | $1.4B |
| Stockholders' equity | $2.0B | $2.0B | $2.0B | $2.0B | $2.0B |
| Cash and investments | $1.3B | $1.5B | $1.7B | $1.8B | $1.9B |
| Total debt | $953.3M | $952.5M | $1.0B | $1.0B | $1.0B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 10, 2026 | Jun 9, 2026 |
| 10-Q | Quarterly report | May 8, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 7, 2026 | May 7, 2026 |
All 541 MP Materials Corp. / DE SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.