MP Materials Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,166	282.44	263.35	136.63	1,179
Short-Term Investments	664.28	568.43	734.49	1,046	-
Cash & Short-Term Investments	1,830	850.87	997.84	1,182	1,179
Cash Growth	115.11%	-14.73%	-15.60%	0.26%	126.94%
Accounts Receivable	14.64	18.65	10.03	32.86	51.01
Other Receivables	132.04	44.27	21.03	2.5	-
Receivables	146.68	62.92	31.06	35.36	51.01
Inventory	171.56	107.91	95.18	57.55	38.69
Prepaid Expenses	17.27	9.63	5.8	12.29	6.47
Restricted Cash	-	-	1.29	6.29	1.34
Total Current Assets	2,166	1,031	1,131	1,294	1,277
Property, Plant & Equipment	1,383	1,260	1,169	936.29	610.61
Long-Term Investments	-	9.1	9.7	-	-
Other Intangible Assets	6.18	7.37	8.88	0.09	-
Long-Term Deferred Charges	2.3	-	-	-	-
Other Long-Term Assets	306.85	25.59	17.98	7.58	2.25
Total Assets	3,864	2,334	2,336	2,238	1,890
Accounts Payable	36.66	23.56	28	15.33	35.73
Accrued Expenses	41.39	33.37	27.86	18.21	-
Current Portion of Long-Term Debt	71.32	2.1	2.11	2.39	18.65
Current Portion of Leases	3.22	1.07	1.15	0.44	-
Current Income Taxes Payable	2.11	4.04	-	21.16	3.46
Current Unearned Revenue	76.7	58.88	1.7	-	-
Other Current Liabilities	65.27	38.9	47.73	39.95	1.7
Total Current Liabilities	296.65	161.92	108.55	97.48	59.54
Long-Term Debt	951.7	909.27	684.62	683.19	682.02
Long-Term Leases	8.43	5.8	7.22	0.26	-
Long-Term Unearned Revenue	105.99	63.21	17.43	-	-
Long-Term Deferred Tax Liabilities	80.82	112.91	130.79	122.35	104.5
Other Long-Term Liabilities	28.21	25.58	22.06	21.88	34.87
Total Liabilities	1,472	1,279	970.67	925.15	880.93
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	1,971	961.43	979.89	951.01	936.3
Retained Earnings	234.43	320.3	385.73	361.42	72.42
Treasury Stock	-227.05	-227.05	-	-	-
Comprehensive Income & Other	0.39	0.17	0.15	0.19	-
Total Common Equity	1,979	1,055	1,366	1,313	1,009
Shareholders' Equity	2,392	1,055	1,366	1,313	1,009
Total Liabilities & Equity	3,864	2,334	2,336	2,238	1,890
Total Debt	1,035	918.23	695.09	686.27	700.67
Net Cash (Debt)	795.63	-67.36	302.75	496.07	478.63
Net Cash Growth	-	-	-38.97%	3.65%	7.41%
Net Cash Per Share	4.68	-0.40	1.70	2.56	2.52
Filing Date Shares Outstanding	177.67	163.44	178.08	177.62	177.52
Total Common Shares Outstanding	177.36	163.2	178.08	177.71	177.82
Working Capital	1,869	869.4	1,023	1,196	1,217
Book Value Per Share	11.16	6.46	7.67	7.39	5.67
Tangible Book Value	1,973	1,048	1,357	1,313	1,009
Tangible Book Value Per Share	11.12	6.42	7.62	7.39	5.67
Land	43.42	42.79	27.09	16.1	7.93
Buildings	101.56	96.96	92.2	15.11	8.79
Machinery	756.2	662.33	503.15	186.39	61.82
Construction In Progress	302.94	202.54	211.85	338.48	134.33

Source: S&P Global Market Intelligence. Standard template. Financial Sources.