secwatch.observer — SEC 8-K summary
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Issuer:     MP Materials Corp. / DE (MP)
CIK:        0001801368
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001801368-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MP Materials Q1 2026: NdPr sales up 117% to record 1,006 MT; revenue $90.6M (+49% YoY)
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- Record NdPr production of 917 MT (+63% YoY); NdPr sales of 1,006 MT (+117% YoY); REO production 12,983 MT (+6% YoY).
- Revenue $90.6M (+49% YoY); PPA income $42.3M; net loss improved to $(8.0M) from $(22.6M).
- Adjusted EBITDA $36.6M (vs. $(2.7M) YoY); adjusted net income $6.7M (vs. $(19.9M) loss).
- Materials: $72.2M revenue, $42.3M PPA income, $36.7M Adj. EBITDA. Magnetics: $21.1M revenue, $9.6M Adj. EBITDA.
- Ground broken on 10X magnetics facility; heavy RE separation commissioning imminent at Mountain Pass.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801368/000180136826000027/0001801368-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801368/000180136826000027/mp-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001801368-26-000027

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