---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-25-000017"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:11:55.142338+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MP Materials Q1 revenue +25% to $60.8M; net loss $22.6M vs prior-year profit

## Summary
- Revenue $60.8M, up 25% YoY; net loss widened to $22.6M from $16.5M income in Q1 2024.
- Record NdPr oxide production of 563 MT (36% sequential rise); NdPr sales volumes more than doubled to 464 MT.
- Magnetics division made first metal deliveries, generating $5.2M revenue and positive Adjusted EBITDA.
- Received third $50M customer prepayment on April 1, underscoring demand for rare earth magnetics.
- Adjusted EBITDA loss $2.7M; adjusted diluted EPS -$0.12 vs -$0.04 in prior-year quarter.

## SEC filing metadata
- accession: 0001801368-25-000017
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1801368/000180136825000017/0001801368-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000017/mp-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-25-000017
- JSON: https://secwatch.observer/filing/0001801368-25-000017.json
- Plain text: https://secwatch.observer/filing/0001801368-25-000017.txt

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