---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-22-000034"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:42:12.952164+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MP Materials Q3 revenue up 25% to $124.4M; EPS $0.33; begins Stage II commissioning

## Summary
- Net income $63.2M (+48% YoY); diluted EPS $0.33 vs $0.23; adjusted EPS $0.36 vs $0.26.
- Adjusted EBITDA $91.4M (+34% YoY); revenue $124.4M, driven by 51% higher realized price of $11,636/REO MT.
- REO sales volume 10,676 MT (-17% YoY); production volume 10,886 MT (-9% YoY).
- Production cost per REO MT $1,653 (+14% YoY); Stage II concentrate drying/roasting circuits in commissioning.
- Stage III magnetics facility building shell completed in seven months; strong operational hiring.

## SEC filing metadata
- accession: 0001801368-22-000034
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136822000034/0001801368-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136822000034/mp-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-22-000034
- JSON: https://secwatch.observer/filing/0001801368-22-000034.json
- Plain text: https://secwatch.observer/filing/0001801368-22-000034.txt

## Key facts
- Earnings Releases
  MP Materials Corp. / DE reported three months ended September 30, 2022 results: revenue $124.4M, net income $63.2M, EPS $0.33.
  - Period: three months ended September 30, 2022
  - Revenue: $124.4M
  - Net income: $63.2M
  - EPS: $0.33
  - Result: reported results
  source text: MP Materials Reports Third Quarter 2022 Results and Begins Stage II Commissioning REO Sales and Production Volumes of 10,676 and 10,886 Metric Tons, Respectively Revenue Up 25% Year-over-Year to $124.4M Net Income Increased 48% Year-over-Year to $63.2M Adjusted EBITDA Increased 34% Year-over-Year to $91.4M Diluted EPS Grew 43% Year-over-Year to $0.33 Adjusted Diluted EPS Grew 38% Year-over-Year to $0.36
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801368/000180136822000034/0001801368-22-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.