MP
MP Materials Corp.
NYSE · USBasic MaterialsIndustrial Materials
$45.70+1.02%
Price as of Jul 20, 2026
MP financials
MP Materials Corp. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $275.5M | $203.9M | $253.4M | $527.5M |
| Cost of revenue | $282.1M | $270.6M | $148.4M | $110.6M |
| Gross profit | -$6.6M | -$66.8M | $105.0M | $416.9M |
| Operating expenses | $116.2M | $102.6M | $122.7M | $89.5M |
| Operating income | -$122.8M | -$169.4M | -$17.7M | $327.4M |
| Net income | -$85.9M | -$65.4M | $24.3M | $289.0M |
| EBITDA | $4.5M | $7.7M | $94.0M | $365.3M |
| Basic EPS | $-0.50 | $-0.57 | $0.14 | $1.64 |
| Diluted EPS | $-0.50 | $-0.57 | $0.14 | $1.52 |
| Balance sheet | ||||
| Cash & equivalents | $1.2B | $282.4M | $263.4M | $136.6M |
| Total assets | $4.0B | $2.3B | $2.3B | $2.2B |
| Total liabilities | $1.6B | $1.3B | $970.7M | $925.2M |
| Stockholders’ equity | $2.4B | $1.1B | $1.4B | $1.3B |
| Total debt | $1.0B | $914.5M | $688.8M | $678.5M |
| Net debt | -$122.9M | $632.1M | $425.5M | $541.8M |
| Cash flow | ||||
| Operating cash flow | -$155.8M | $13.3M | $62.7M | $343.5M |
| Capital expenditure | -$172.4M | -$186.4M | -$261.9M | -$326.6M |
| Free cash flow | -$328.1M | -$173.1M | -$199.2M | $16.9M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$31.1M | -$225.1M | -$7.2M | -$18.4M |