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	20.13	-	-
Total Trade Receivables	146.68	62.92	30.16	32.86	51.01
Inventory	171.56	107.91	95.18	57.55	38.69
Other Current Assets	17.27	9.63	7.99	21.07	7.81
Total Current Assets	2,166	1,031	1,131	1,294	1,277
Net Property, Plant & Equipment	1,370	1,251	1,168	935.84	610.61
Other Intangible Assets	-	-	8.88	0.09	-
Other Long-Term Assets	328.54	50.74	28.28	8.03	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	95.09	64.73	73.94	56.94	-
Current Portion of Long-Term Debt	67.41	-	-	-	16.08
Unearned Revenue	74.3	56.88	-	-	-
Other Current Liabilities	25.6	18.85	6.62	25.22	7.73
Total Current Liabilities	299.05	164.02	108.55	97.48	59.54
Long-Term Debt	931.33	908.73	681.98	678.44	674.93
Long-Term Leases	-	-	6.83	0.02	-
Other Long-Term Liabilities	241.41	205.93	173.31	149.21	146.46
Total Long-Term Liabilities	1,173	1,115	862.12	827.67	821.39
Total Liabilities	1,472	1,279	970.67	925.15	880.93
Common Stock	0.02	0.02	0.02	0.02	0.02
Treasury Stock	-227.05	-227.05	-	-	-
Additional Paid-in Capital	1,971	961.43	979.89	951.01	936.3
Accumulated Other Comprehensive Income	0.39	0.17	0.15	0.19	-
Retained Earnings	234.43	320.3	385.73	361.42	72.42
Total Common Shareholders' Equity	1,979	1,055	1,366	1,313	1,009
Minority Interest	413.61	-	-	-	-
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	998.74	908.73	688.81	678.46	691.01
Net Cash (Debt)	831.55	-57.86	309.04	503.89	488.29
Net Cash Growth	-	-	-38.67%	3.19%	8.79%
Net Cash Per Share	4.89	-0.34	1.74	2.60	2.57
Book Value	1,979	1,055	1,366	1,313	1,009
Book Value Per Share	11.63	6.21	7.67	6.79	5.31
Tangible Book Value	1,979	1,055	1,357	1,313	1,009
Tangible Book Value Per Share	11.63	6.21	7.62	6.78	5.31

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q