Filing Flows › MP Materials (MP) › Q3 2026 › vs Q2 2026
MP Materials (MP) Q3 2026 vs Q2 2026 (quarter over quarter)
MP Materials's revenue rose $39.2M (+36%) from $108M in Q2 2026 to $148M in Q3 2026.
MP Materials, Q3 2026: revenue $148M (+176% year over year), operating margin -14.9%, net loss $20.7M, operating cash flow −$12.7M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $148M | $108M | $39.2M | +36% |
| Income tax benefit | $6.5M | $9.0M | −$2.5M | -28% |
| Net loss | $20.7M | $20.3M | $414K | +2% |
| Costs & expenses | $175M | $141M | $34.4M | +24% |
| Operating costs | $170M | $141M | $29.2M | +21% |
| Interest & other, net | $5.2M | −$2.7M | $7.9M | — |
| Cost of revenue | $85.6M | $72.3M | $13.3M | +18% |
| SG&A | $38.0M | $35.2M | $2.8M | +8% |
| Other operating costs | $46.1M | $33.1M | $13.0M | +39% |
| Operating cash sources | $60.3M | $39.8M | $20.5M | +51% |
| Depreciation & amortization | $36.1M | $35.4M | $752K | +2% |
| Share-based compensation | $11.4M | $11.3M | $159K | +1% |
| Cash used in operations | $12.7M | −$6.8M | $19.5M | — |
| Net loss absorbed | $20.7M | $20.3M | $414K | +2% |
| Working capital & other | $39.6M | $19.5M | $20.0M | +103% |
Questions
How much did MP Materials's revenue grow quarter over quarter in Q3 2026?
MP Materials's revenue rose $39.2M (+36%) from $108M in Q2 2026 to $148M in Q3 2026.