KPI data tables
MP Materials operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.
| Period | REO in concentrate (t) |
|---|---|
| FY 2025 | 50,692 |
| FY 2024 | 45,455 |
| FY 2023 | 41,557 |
Source: MP Materials FY 2023 results: REO 41,557 t. https://investors.mpmaterials.com/investor-news/news-details/2024/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2023-Results/default.aspx FY 2024 results: 45,455 t. https://investors.mpmaterials.com/investor-news/news-details/2025/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2024-Results/default.aspx FY 2025 results: 50,692 t. https://investors.mpmaterials.com/investor-news/news-details/2026/MP-Materials-Reports-Fourth-Quarter-and-Full-Year-2025-Results/default.aspx 10-K year ended 31 Dec 2025. https://www.sec.gov/Archives/edgar/data/1801368/000180136826000008/mp-20251231.htm
| Period | REO in concentrate (t) | NdPr oxide (t) |
|---|---|---|
| FY 2025 | 50,692 | 2,599 |
| FY 2024 | 45,455 | 1,294 |
| FY 2023 | 41,557 | 200 |
Source: MP FY 2023-2025 earnings tables: REO production 41,557 / 45,455 / 50,692 t and NdPr production 200 / 1,294 / 2,599 t.
| Period | Free cash flow |
|---|---|
| FY 2025 | -0.33 |
| FY 2024 | -0.17 |
| FY 2023 | -0.2 |
| FY 2022 | 0.02 |
| FY 2021 | -0.02 |
| FY 2020 | -0.02 |
| FY 2019 | 0 |
| FY 2018 | 0.01 |
Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/cm-financials.json (lastUpdated 2026-08-28).
| Period | Operating margin |
|---|---|
| FY 2025 | -64.6 |
| FY 2024 | -83.1 |
| FY 2023 | -7 |
| FY 2022 | 62.1 |
| FY 2021 | 49.8 |
| FY 2020 | -25.8 |
| FY 2019 | -10.4 |
| FY 2018 | -13.2 |
Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/cm-financials.json (lastUpdated 2026-08-28).