A Closer Look at FY1Q26 (March) ResultsRevenueTotal revenue of $22.39 billion (up 16% y/y) came in just above the Street’s $22.10 billion estimate as deliveries of 358.0k came below the Street’s estimate of 365.6k due to a decrease in vehicle deliveries and lower regulatory credit revenue while see
Company BackgroundMP Materials was founded in 2017 by James Litinsky and Michael Rosenthal with the objective of rebuilding domestic rare earth production at a time when supply-chain concentration and geopolitical risks were becoming increasingly apparent, leading to the company purchasing the Moun
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