earnings
confidence high
sentiment negative
materiality 0.75
MP Materials Q3 net loss widens to $41.8M; record NdPr production up 51% YoY
MP Materials Corp. / DE
2025-Q3 EPS reported
-$0.57
revenue$171,756,000
- Record NdPr oxide production of 721 MT (+51% YoY); second best total REO output of 13,254 MT.
- Revenue of $53.6M, down 15% YoY; net loss of $41.8M ($0.24 diluted loss per share).
- Magnetics segment revenue $21.9M with $9.5M Adjusted EBITDA; first commercial magnet output from Independence targeted by year-end.
- Heavy rare earth separation facility at Mountain Pass commissioning mid-2026; Dy/Tb nameplate 200 MT/year.
- DoW Price Protection Agreement started Oct 1; management expects return to profitability in Q4 2025.