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Side-by-side financial comparison of KAMADA LTD (KMDA) 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 $47.0M, roughly 1.1× KAMADA LTD). MP Materials Corp. runs the higher net margin — 17.9% vs 11.3%, a 6.6% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs -13.6%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% CAGR vs 4.0%).

Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.

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.

KMDA vs MP — Head-to-Head

Bigger by revenue
MP
MP
1.1× larger
MP
$52.7M
$47.0M
KMDA
Growing faster (revenue YoY)
KMDA
KMDA
+26.2% gap
KMDA
12.6%
-13.6%
MP
Higher net margin
MP
MP
6.6% more per $
MP
17.9%
11.3%
KMDA
Faster 2-yr revenue CAGR
KMDA
KMDA
Annualised
KMDA
12.0%
4.0%
MP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
KMDA
KMDA
MP
MP
Revenue
$47.0M
$52.7M
Net Profit
$5.3M
$9.4M
Gross Margin
42.0%
Operating Margin
16.6%
-7.0%
Net Margin
11.3%
17.9%
Revenue YoY
12.6%
-13.6%
Net Profit YoY
37.1%
142.2%
EPS (diluted)
$0.09
$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
KMDA
KMDA
MP
MP
Q4 25
$52.7M
Q3 25
$47.0M
$53.6M
Q2 25
$44.8M
$57.4M
Q1 25
$44.0M
$60.8M
Q4 24
$61.0M
Q3 24
$41.7M
$62.9M
Q2 24
$42.5M
$31.3M
Q1 24
$37.7M
$48.7M
Net Profit
KMDA
KMDA
MP
MP
Q4 25
$9.4M
Q3 25
$5.3M
$-41.8M
Q2 25
$7.4M
$-30.9M
Q1 25
$4.0M
$-22.6M
Q4 24
$-22.3M
Q3 24
$3.9M
$-25.5M
Q2 24
$4.4M
$-34.1M
Q1 24
$2.4M
$16.5M
Gross Margin
KMDA
KMDA
MP
MP
Q4 25
Q3 25
42.0%
Q2 25
42.3%
Q1 25
47.1%
Q4 24
Q3 24
41.3%
Q2 24
44.6%
Q1 24
44.4%
Operating Margin
KMDA
KMDA
MP
MP
Q4 25
-7.0%
Q3 25
16.6%
-125.2%
Q2 25
15.8%
-76.5%
Q1 25
17.7%
-57.2%
Q4 24
-72.1%
Q3 24
12.7%
-62.8%
Q2 24
13.3%
-171.1%
Q1 24
10.7%
-66.6%
Net Margin
KMDA
KMDA
MP
MP
Q4 25
17.9%
Q3 25
11.3%
-78.0%
Q2 25
16.5%
-53.8%
Q1 25
9.0%
-37.2%
Q4 24
-36.6%
Q3 24
9.3%
-40.5%
Q2 24
10.4%
-108.9%
Q1 24
6.3%
33.9%
EPS (diluted)
KMDA
KMDA
MP
MP
Q4 25
$0.07
Q3 25
$0.09
$-0.24
Q2 25
$0.13
$-0.19
Q1 25
$0.07
$-0.14
Q4 24
$-0.12
Q3 24
$0.07
$-0.16
Q2 24
$0.08
$-0.21
Q1 24
$0.04
$-0.08

Balance Sheet & Financial Strength

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

Metric
KMDA
KMDA
MP
MP
Cash + ST InvestmentsLiquidity on hand
$72.0M
$1.2B
Total DebtLower is stronger
$998.7M
Stockholders' EquityBook value
$265.2M
$2.0B
Total Assets
$377.2M
$3.9B
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMDA
KMDA
MP
MP
Q4 25
$1.2B
Q3 25
$72.0M
$1.1B
Q2 25
$66.0M
$261.5M
Q1 25
$76.3M
$198.3M
Q4 24
$282.4M
Q3 24
$72.0M
$284.4M
Q2 24
$56.5M
$295.6M
Q1 24
$48.2M
$296.5M
Total Debt
KMDA
KMDA
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
KMDA
KMDA
MP
MP
Q4 25
$2.0B
Q3 25
$265.2M
$2.0B
Q2 25
$260.0M
$1.0B
Q1 25
$252.0M
$1.0B
Q4 24
$1.1B
Q3 24
$255.3M
$1.1B
Q2 24
$251.2M
$1.1B
Q1 24
$251.2M
$1.1B
Total Assets
KMDA
KMDA
MP
MP
Q4 25
$3.9B
Q3 25
$377.2M
$3.8B
Q2 25
$368.2M
$2.3B
Q1 25
$375.1M
$2.4B
Q4 24
$2.3B
Q3 24
$351.2M
$2.3B
Q2 24
$351.0M
$2.4B
Q1 24
$343.2M
$2.4B
Debt / Equity
KMDA
KMDA
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
KMDA
KMDA
MP
MP
Operating Cash FlowLast quarter
$10.4M
$-46.9M
Free Cash FlowOCF − Capex
$-109.3M
FCF MarginFCF / Revenue
-207.4%
Capex IntensityCapex / Revenue
118.5%
Cash ConversionOCF / Net Profit
1.97×
-4.97×
TTM Free Cash FlowTrailing 4 quarters
$-328.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMDA
KMDA
MP
MP
Q4 25
$-46.9M
Q3 25
$10.4M
$-42.0M
Q2 25
$8.0M
$-3.7M
Q1 25
$-513.0K
$-63.2M
Q4 24
$30.5M
Q3 24
$22.2M
$-6.8M
Q2 24
$14.0M
$30.8M
Q1 24
$1.0M
$-41.1M
Free Cash Flow
KMDA
KMDA
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
KMDA
KMDA
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
KMDA
KMDA
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
KMDA
KMDA
MP
MP
Q4 25
-4.97×
Q3 25
1.97×
Q2 25
1.09×
Q1 25
-0.13×
Q4 24
Q3 24
5.75×
Q2 24
3.15×
Q1 24
0.43×
-2.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KMDA
KMDA

Segment breakdown not available.

MP
MP

Materials Segment$35.6M68%
Other$17.1M32%

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