MP Materials FY26 Q2 net loss narrows to $20.3 million; revenue rises 89% to $108.49 million

Reuters2026/08/06 20:22

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MP Materials posted Q2 net loss of USD 20.3 million, narrowing from a USD 30.9 million loss a year earlier.
Revenue rose 89% year over year to USD 108.5 million.
Non-GAAP adjusted EBITDA turned positive at USD 28.5 million from a loss of USD 12.5 million; non-GAAP adjusted net loss narrowed to USD 2.1 million.
NdPr production climbed 41% to 840 metric tons; NdPr sales more than doubled to 1,006 metric tons.
Signed a long-term offtake deal for separated gadolinium with a new U.S. aerospace and defense customer; launched Project Swarm for drone demand aggregation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MP Materials Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001801368-26-000047), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MP Materials FY26 Q2 net loss narrows to $20.3 million; revenue rises 89% to $108.49 million

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