MP Materials Corp. / DE.
- MP · NYSE
- Metal Mining
- Las Vegas, NV
- 998 employees
- CIK 0001801368
Updated from SEC filings through
Top things to know
Executives
-
James H. Litinsky Chairman and CEO 4, 2026-06-05 -
Ryan Corbett Chief Financial Officer 4, 2026-05-08 -
Michael Stuart Rosenthal Chief Operating Officer 4, 2026-06-10 - David Gregory Infuso Chief Accounting Officer 4, 2026-04-01
- Michael Rosenthal Chief Operating Officer 10-K, 2026-02-26
- Elliot Dean Hoops General Counsel and Secretary 4, 2026-05-08
What leadership is saying
“MP Materials delivered a strong quarter of growth across production, sales, and earnings”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
MP Materials Corp. / DE is a U.S. public company in metal mining (SIC 1000), headquartered in Las Vegas, NV. It trades as MP on NYSE. Revenue was $224M in the fiscal year ending December 31, 2025, +10.1% from the year before. It reported about 998 employees. James H. Litinsky is Chairman and CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $224M 10-K, 2026-02-26 | $204M 10-K, 2026-02-26 | $253M 10-K, 2026-02-26 | $528M 10-K, 2025-02-28 | $332M 10-K, 2022-02-28 |
| Operating income | -$149M 10-K, 2026-02-26 | -$169M 10-K, 2026-02-26 | -$17.7M 10-K, 2026-02-26 | $327M 10-K, 2025-02-28 | $165M 10-K, 2024-02-28 |
| SG&A | $112M 10-K, 2026-02-26 | $83.3M 10-K, 2026-02-26 | $79.2M 10-K, 2026-02-26 | $75.9M 10-K, 2025-02-28 | $56.6M 10-K, 2024-02-28 |
| Net income | -$85.9M 10-K, 2026-02-26 | -$65.4M 10-K, 2026-02-26 | $24.3M 10-K, 2026-02-26 | $289M 10-K, 2025-02-28 | $135M 10-K, 2024-02-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| James H. Litinsky Managing Director at JHL Capital Group LLC | Chairman and CEO | 4, 2026-06-05 |
| Andrew A. McKnight | Board member (per proxy) bio: Co-Chief Executive Officer | DEF 14A, 2026-04-24 |
| Ryan Corbett | Chief Financial Officer | 4, 2026-05-08 |
| Michael Stuart Rosenthal | Chief Operating Officer | 4, 2026-06-10 |
| David Gregory Infuso | Chief Accounting Officer | 4, 2026-04-01 |
| Michael Rosenthal | Chief Operating Officer | 10-K, 2026-02-26 |
| Elliot Dean Hoops | General Counsel and Secretary | 4, 2026-05-08 |
| Elliot D. Hoops | Named in proxy bio: General Counsel and Secretary | DEF 14A, 2026-04-24 |
| Elliot Hoops | General Counsel and Secretary | 10-K, 2026-02-26 |
| Arnold W. Donald | Board member (per proxy) bio: director | DEF 14A, 2026-04-24 |
| Connie K. Duckworth | Board member (per proxy) bio: director | DEF 14A, 2026-04-24 |
What MP Materials Corp. / DE does
, including its subsidiaries (the “Company,” “MP Materials,” “we,” “our,” and “us”), is the largest producer of rare earth materials in the Western Hemisphere. Headquartered in Las Vegas, Nevada, the Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (“Mountain Pass”) located near Mountain Pass, San Bernardino County, California, the only rare earth mining and processing site of scale in North America.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 178.3 million (as of October 30, 2026) | 10-Q, November 6, 2026 |
|---|---|---|
| Public float | $5.0B (as of June 30, 2025) | 10-K, February 26, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 6, 2026 |
| Latest proxy statement | Meeting December 31, 2025 (filed April 24, 2026) | DEF 14A, April 24, 2026 |
| Auditor | Kpmg LLP (Denver, CO) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 9, 2026 | Michael Stuart Rosenthal Chief Operating Officer | Buy | 10,000 | $543K | Form 4, June 10, 2026 |
| June 3, 2026 | James H. Litinsky Chairman and CEO | Sale | 185,167 | $12.8M | Form 4, June 5, 2026 |
| May 29, 2026 | James H. Litinsky Chairman and CEO | Sale | 400,000 | $26.2M | Form 4, May 29, 2026 |
| May 20, 2026 | Michael Stuart Rosenthal Chief Operating Officer | Buy | 17,000 | $963K | Form 4, May 20, 2026 |
| May 13, 2026 | James H. Litinsky Chairman and CEO | Sale | 300,000 | $19.6M | Form 4, May 14, 2026 |
| May 8, 2026 | Elliot Dean Hoops General Counsel and Secretary | Sale | 6,958 | $522K | Form 4, May 8, 2026 |
| May 8, 2026 | Ryan Corbett Chief Financial Officer | Sale | 20,000 | $1.5M | Form 4, May 8, 2026 |
| April 20, 2026 | James H. Litinsky Chairman and CEO | Sale | 300,000 | $19.2M | Form 4, April 20, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-10
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-19
- Item 8.01 Other events
- 8-K filed 2025-11-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-17
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-08-25
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2025-08-15
- Item 8.01 Other events
Frequently asked questions about MP Materials Corp. / DE
- What does MP Materials Corp. / DE do?
- In its own words, from Item 1 of its 10-K: ", including its subsidiaries (the “Company,” “MP Materials,” “we,” “our,” and “us”), is the largest producer of rare earth materials in the Western Hemisphere. Headquartered in Las Vegas, Nevada, the Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (“Mountain Pass”) located near Mountain Pass, San Bernardino County, California, the only rare earth mining and processing site of scale in North America."
- What is MP Materials Corp. / DE's revenue?
- $224M for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is MP Materials Corp. / DE profitable?
- MP Materials Corp. / DE reported net income of -$85.9M for the fiscal year ending December 31, 2025.
- How many employees does MP Materials Corp. / DE have?
- About 998 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of MP Materials Corp. / DE?
- James H. Litinsky, Chairman and CEO, as named in a 4 filed June 5, 2026.
- Who is the CFO of MP Materials Corp. / DE?
- Ryan Corbett, Chief Financial Officer, as named in a 4 filed May 8, 2026.
- Where is MP Materials Corp. / DE headquartered?
- Las Vegas, NV.
- What is MP Materials Corp. / DE's stock ticker?
- MP on NYSE.
- What industry is MP Materials Corp. / DE in?
- Metal Mining, SIC code 1000.
- What is MP Materials Corp. / DE's website?
- mpmaterials.com.
- When does MP Materials Corp. / DE report earnings next?
- February 4, 2027. Source: estimate_8k_pattern.
- Is MP Materials Corp. / DE a public company?
- Yes. MP Materials Corp. / DE files with the SEC under CIK 0001801368 and trades as MP.
- Who audits MP Materials Corp. / DE?
- Kpmg LLP, Denver, CO, as named in its latest annual report (10-K).
- How many shares of MP Materials Corp. / DE are outstanding?
- 178.3 million shares as of October 30, 2026, from its 10-Q filed November 6, 2026.
- What is MP Materials Corp. / DE's public float?
- $5.0B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does MP Materials Corp. / DE report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 6, 2026.
- When is MP Materials Corp. / DE's annual shareholder meeting?
- December 31, 2025, per its proxy statement (DEF 14A) filed April 24, 2026.
- Have MP Materials Corp. / DE insiders traded stock recently?
- Since July 1, 2025, officers and directors reported 17 open-market sales worth about $158M and 2 purchases worth about $1.5M on Forms 4 and 5. The most recent: Michael Stuart Rosenthal (Chief Operating Officer) bought 10,000 shares on June 9, 2026.