MP Materials (MP) Q2 Revenue Jumps 84%

MP Materials (NYSE:MP), operator of the only scaled rare earth mining and processing facility in North America, reported earnings for Q2 2025 on August 7, 2025. The most important news was an 84% jump in GAAP revenue to $57.4 million, driven by record neodymium-praseodymium (NdPr) production and initial Magnetics segment sales. Results easily surpassed analyst estimates: Non-GAAP EPS stood at $(0.13), a $0.07 beat against the expected $(0.20), and GAAP revenue exceeded projections by more than $11 million. Overall, the quarter marked a significant inflection point as the company transitions from a raw materials supplier toward building a domestic supply chain for rare earth magnets.

Source: Analyst estimates for the quarter provided by FactSet.

MP Materials operates the Mountain Pass facility in California, supplying rare earth elements (REE) vital for manufacturing permanent magnets used in electric vehicles, wind turbines, and electronics. It is the primary source for magnet-grade REEs in North America and underpins U.S. industrial and defense supply chains.

Continue reading

Source Fool.com