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Side-by-side financial comparison of Dominari Holdings Inc. (DOMH) and MP Materials Corp. (MP). Click either name above to swap in a different company.

MP Materials Corp. is the larger business by last-quarter revenue ($52.7M vs $30.1M, roughly 1.8× Dominari Holdings Inc.). MP Materials Corp. runs the higher net margin — 17.9% vs -438.1%, a 456.0% gap on every dollar of revenue. On growth, Dominari Holdings Inc. posted the faster year-over-year revenue change (220.4% vs -13.6%). Over the past eight quarters, Dominari Holdings Inc.'s revenue compounded faster (369.1% CAGR vs 4.0%).

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

DOMH vs MP — Head-to-Head

Bigger by revenue
MP
MP
1.8× larger
MP
$52.7M
$30.1M
DOMH
Growing faster (revenue YoY)
DOMH
DOMH
+234.0% gap
DOMH
220.4%
-13.6%
MP
Higher net margin
MP
MP
456.0% more per $
MP
17.9%
-438.1%
DOMH
Faster 2-yr revenue CAGR
DOMH
DOMH
Annualised
DOMH
369.1%
4.0%
MP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DOMH
DOMH
MP
MP
Revenue
$30.1M
$52.7M
Net Profit
$-131.8M
$9.4M
Gross Margin
Operating Margin
-8.9%
-7.0%
Net Margin
-438.1%
17.9%
Revenue YoY
220.4%
-13.6%
Net Profit YoY
-12426.2%
142.2%
EPS (diluted)
$-6.94
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOMH
DOMH
MP
MP
Q4 25
$30.1M
$52.7M
Q3 25
$50.8M
$53.6M
Q2 25
$34.1M
$57.4M
Q1 25
$8.1M
$60.8M
Q4 24
$9.4M
$61.0M
Q3 24
$4.0M
$62.9M
Q2 24
$6.2M
$31.3M
Q1 24
$1.4M
$48.7M
Net Profit
DOMH
DOMH
MP
MP
Q4 25
$-131.8M
$9.4M
Q3 25
$125.2M
$-41.8M
Q2 25
$16.6M
$-30.9M
Q1 25
$-32.5M
$-22.6M
Q4 24
$1.1M
$-22.3M
Q3 24
$-4.2M
$-25.5M
Q2 24
$-6.1M
$-34.1M
Q1 24
$-5.4M
$16.5M
Operating Margin
DOMH
DOMH
MP
MP
Q4 25
-8.9%
-7.0%
Q3 25
-3.1%
-125.2%
Q2 25
-57.0%
-76.5%
Q1 25
-394.6%
-57.2%
Q4 24
0.4%
-72.1%
Q3 24
-79.1%
-62.8%
Q2 24
-44.3%
-171.1%
Q1 24
-205.2%
-66.6%
Net Margin
DOMH
DOMH
MP
MP
Q4 25
-438.1%
17.9%
Q3 25
246.4%
-78.0%
Q2 25
48.7%
-53.8%
Q1 25
-400.5%
-37.2%
Q4 24
11.4%
-36.6%
Q3 24
-104.2%
-40.5%
Q2 24
-99.1%
-108.9%
Q1 24
-398.0%
33.9%
EPS (diluted)
DOMH
DOMH
MP
MP
Q4 25
$-6.94
$0.07
Q3 25
$7.27
$-0.24
Q2 25
$1.12
$-0.19
Q1 25
$-3.02
$-0.14
Q4 24
$0.21
$-0.12
Q3 24
$-0.67
$-0.16
Q2 24
$-1.01
$-0.21
Q1 24
$-0.91
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOMH
DOMH
MP
MP
Cash + ST InvestmentsLiquidity on hand
$80.5M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$69.4M
$2.0B
Total Assets
$112.9M
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOMH
DOMH
MP
MP
Q4 25
$80.5M
$1.2B
Q3 25
$176.2M
$1.1B
Q2 25
$28.2M
$261.5M
Q1 25
$18.9M
$198.3M
Q4 24
$8.2M
$282.4M
Q3 24
$7.2M
$284.4M
Q2 24
$12.1M
$295.6M
Q1 24
$7.1M
$296.5M
Total Debt
DOMH
DOMH
MP
MP
Q4 25
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$908.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DOMH
DOMH
MP
MP
Q4 25
$69.4M
$2.0B
Q3 25
$210.2M
$2.0B
Q2 25
$88.6M
$1.0B
Q1 25
$42.4M
$1.0B
Q4 24
$39.9M
$1.1B
Q3 24
$38.3M
$1.1B
Q2 24
$42.4M
$1.1B
Q1 24
$47.7M
$1.1B
Total Assets
DOMH
DOMH
MP
MP
Q4 25
$112.9M
$3.9B
Q3 25
$223.4M
$3.8B
Q2 25
$109.3M
$2.3B
Q1 25
$52.3M
$2.4B
Q4 24
$47.1M
$2.3B
Q3 24
$43.4M
$2.3B
Q2 24
$49.1M
$2.4B
Q1 24
$52.2M
$2.4B
Debt / Equity
DOMH
DOMH
MP
MP
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOMH
DOMH
MP
MP
Operating Cash FlowLast quarter
$22.7M
$-46.9M
Free Cash FlowOCF − Capex
$-109.3M
FCF MarginFCF / Revenue
-207.4%
Capex IntensityCapex / Revenue
118.5%
Cash ConversionOCF / Net Profit
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOMH
DOMH
MP
MP
Q4 25
$22.7M
$-46.9M
Q3 25
$-4.9M
$-42.0M
Q2 25
$-353.0K
$-3.7M
Q1 25
$1.2M
$-63.2M
Q4 24
$-16.7M
$30.5M
Q3 24
$-4.7M
$-6.8M
Q2 24
$1.4M
$30.8M
Q1 24
$-8.6M
$-41.1M
Free Cash Flow
DOMH
DOMH
MP
MP
Q4 25
$-109.3M
Q3 25
$-92.5M
Q2 25
$-32.7M
Q1 25
$-93.7M
Q4 24
$-11.2M
Q3 24
$-53.3M
Q2 24
$-15.6M
Q1 24
$-93.0M
FCF Margin
DOMH
DOMH
MP
MP
Q4 25
-207.4%
Q3 25
-172.8%
Q2 25
-56.9%
Q1 25
-154.0%
Q4 24
-18.3%
Q3 24
-84.7%
Q2 24
-50.1%
Q1 24
-191.0%
Capex Intensity
DOMH
DOMH
MP
MP
Q4 25
118.5%
Q3 25
94.3%
Q2 25
50.5%
Q1 25
50.1%
Q4 24
68.3%
Q3 24
73.8%
Q2 24
148.7%
Q1 24
106.5%
Cash Conversion
DOMH
DOMH
MP
MP
Q4 25
-4.97×
Q3 25
-0.04×
Q2 25
-0.02×
Q1 25
Q4 24
-15.65×
Q3 24
Q2 24
Q1 24
-2.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOMH
DOMH

Chief Operating Decision Maker$30.1M100%
Commissions$458.0K2%

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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