MP Materials Corp. (MP)

MP Materials Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	886.28	1,166	282.44	263.35	136.63	1,179
Short-Term Investments	852.06	664.28	568.43	734.49	1,046	-
Cash & Short-Term Investments	1,738	1,830	850.87	997.84	1,182	1,179
Cash Growth	128.98%	115.11%	-14.73%	-15.60%	0.26%	126.94%
Accounts Receivable	47.29	14.64	18.65	10.03	32.86	51.01
Other Receivables	71.98	132.04	44.27	20.13	-	-
Total Trade Receivables	119.27	146.68	62.92	30.16	32.86	51.01
Inventory	169.19	171.56	107.91	95.18	57.55	38.69
Other Current Assets	20.1	17.27	9.63	7.99	21.07	7.81
Total Current Assets	2,047	2,166	1,031	1,131	1,294	1,277
Net Property, Plant & Equipment	1,434	1,370	1,251	1,168	935.84	610.61
Other Intangible Assets	-	-	-	8.88	0.09	-
Other Long-Term Assets	359.07	328.54	50.74	28.28	8.03	2.25
Total Assets	3,840	3,864	2,334	2,336	2,238	1,890

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	32.99	36.66	23.56	28	15.33	35.73
Accrued Expenses	99.41	95.09	64.73	73.94	56.94	-
Current Portion of Long-Term Debt	67.5	67.41	-	-	-	16.08
Unearned Revenue	62.06	74.3	56.88	-	-	-
Other Current Liabilities	23.29	25.6	18.85	6.62	25.22	7.73
Total Current Liabilities	285.25	299.05	164.02	108.55	97.48	59.54
Long-Term Debt	932.94	931.33	908.73	681.98	678.44	674.93
Long-Term Leases	-	-	-	6.83	0.02	-
Other Long-Term Liabilities	241.25	241.41	205.93	173.31	149.21	146.46
Total Long-Term Liabilities	1,174	1,173	1,115	862.12	827.67	821.39
Total Liabilities	1,459	1,472	1,279	970.67	925.15	880.93

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Treasury Stock	-227.05	-227.05	-227.05	-	-	-
Additional Paid-in Capital	1,968	1,971	961.43	979.89	951.01	936.3
Accumulated Other Comprehensive Income	-0.04	0.39	0.17	0.15	0.19	-
Retained Earnings	226.46	234.43	320.3	385.73	361.42	72.42
Total Common Shareholders' Equity	1,967	1,979	1,055	1,366	1,313	1,009
Minority Interest	413.61	413.61	-	-	-	-
Shareholders' Equity	2,381	2,392	1,055	1,366	1,313	1,009
Total Liabilities & Equity	3,840	3,864	2,334	2,336	2,238	1,890

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,000	998.74	908.73	688.81	678.46	691.01
Net Cash (Debt)	737.89	831.55	-57.86	309.04	503.89	488.29
Net Cash Growth	-	-	-	-38.67%	3.19%	8.79%
Net Cash Per Share	4.12	4.89	-0.34	1.74	2.60	2.57
Book Value	1,967	1,979	1,055	1,366	1,313	1,009
Book Value Per Share	10.99	11.63	6.21	7.67	6.79	5.31
Tangible Book Value	1,967	1,979	1,055	1,357	1,313	1,009
Tangible Book Value Per Share	10.99	11.63	6.21	7.62	6.78	5.31

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 7, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 3, 2026

Data Sources Report a data error