MP Materials Corp. (MP)
NYSE: MP · Real-Time Price · USD
41.64
+0.58 (1.41%)
At close: Oct 29, 2026, 4:00 PM EDT
40.28
-1.36 (-3.27%)
After-hours: Oct 29, 2026, 7:37 PM EDT
MP Materials Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Equivalents | 429.08 | 886.28 | 1,166 | 1,147 | 261.54 | 198.34 | 282.44 | 284.43 | 295.6 | 296.47 | 263.35 | 547.67 | 927.25 | 651.22 | 136.63 | 427.97 | 664.46 | 1,233 | 1,179 | 1,179 |
Short-Term Investments | 1,024 | 852.06 | 664.28 | 793.22 | 492.12 | 560.81 | 568.43 | 582.06 | 641.4 | 650.3 | 734.49 | 536.99 | 200.83 | 517.83 | 1,046 | 836.29 | 599.67 | - | - | - |
Cash & Short-Term Investments | 1,453 | 1,738 | 1,830 | 1,940 | 753.66 | 759.16 | 850.87 | 866.49 | 937 | 946.77 | 997.84 | 1,085 | 1,128 | 1,169 | 1,182 | 1,264 | 1,264 | 1,233 | 1,179 | 1,179 |
Cash Growth (YoY) | 92.75% | 128.98% | 115.11% | 123.94% | -19.57% | -19.82% | -14.73% | -20.11% | -16.94% | -19.01% | -15.60% | -14.21% | -10.76% | -5.21% | 0.26% | 7.20% | 5.62% | 4.38% | 126.94% | 3799.52% |
Accounts Receivable | 40.44 | 47.29 | 14.64 | 14.79 | 21.82 | 69.72 | 18.65 | 14.55 | 8.46 | 21.6 | 10.03 | 13.18 | 11.11 | 21.25 | 32.86 | 16.02 | 32.75 | 37.11 | 51.01 | 37.1 |
Other Receivables | 56.28 | 71.98 | 132.04 | 59.66 | 43.08 | 43.51 | 44.27 | 11.25 | 19.37 | 19.3 | 21.03 | 4.13 | 4.13 | 1.73 | 2.5 | 3.86 | 4.27 | - | - | - |
Receivables | 96.72 | 119.27 | 146.68 | 74.45 | 64.9 | 113.23 | 62.92 | 25.8 | 27.83 | 40.9 | 31.06 | 17.31 | 15.23 | 22.97 | 35.36 | 19.88 | 37.02 | 37.11 | 51.01 | 37.1 |
Inventory | 173.43 | 169.19 | 171.56 | 144.37 | 128.05 | 133.08 | 107.91 | 116.7 | 115.38 | 108.51 | 95.18 | 77.18 | 67.78 | 61.8 | 57.55 | 61.65 | 42.24 | 39.62 | 38.69 | 34.13 |
Prepaid Expenses | 22.62 | 20.1 | 17.27 | 15.16 | 13.79 | 17.4 | 9.63 | 7.39 | 10.42 | 10.02 | 5.8 | 9.16 | 12.79 | 13.57 | 12.29 | 11 | 5.49 | 6.45 | 6.47 | 4.62 |
Restricted Cash | - | - | - | - | - | - | - | 0.81 | - | - | 1.29 | - | - | - | 6.29 | - | - | - | 1.34 | 0.34 |
Total Current Assets | 1,745 | 2,047 | 2,166 | 2,174 | 960.4 | 1,023 | 1,031 | 1,017 | 1,091 | 1,106 | 1,131 | 1,188 | 1,224 | 1,267 | 1,294 | 1,357 | 1,349 | 1,316 | 1,277 | 1,256 |
Property, Plant & Equipment | 1,628 | 1,453 | 1,383 | 1,320 | 1,300 | 1,289 | 1,260 | 1,241 | 1,227 | 1,207 | 1,169 | 1,109 | 1,055 | 1,002 | 936.29 | 830.03 | 749.85 | 668.49 | 610.61 | 584.11 |
Long-Term Investments | - | - | - | - | - | 8.8 | 9.1 | 8.96 | 9.34 | 9.65 | 9.7 | - | - | - | - | - | - | - | - | - |
Other Intangible Assets | - | - | 6.18 | 6.47 | 6.77 | 7.07 | 7.37 | 7.97 | 8.28 | 8.58 | 8.88 | 9.18 | - | - | 0.09 | - | - | - | - | - |
Long-Term Deferred Charges | 6 | 4.2 | 2.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Long-Term Assets | 347.63 | 336.32 | 306.85 | 297.19 | 69.02 | 40.08 | 25.59 | 25.65 | 29.16 | 22.88 | 17.98 | 16.01 | 10.12 | 11.47 | 7.58 | 2.35 | 2.52 | 2.25 | 2.25 | 9.8 |
Total Assets | 3,727 | 3,840 | 3,864 | 3,798 | 2,336 | 2,368 | 2,334 | 2,300 | 2,364 | 2,354 | 2,336 | 2,322 | 2,289 | 2,281 | 2,238 | 2,189 | 2,101 | 1,987 | 1,890 | 1,849 |
Liabilities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Accounts Payable | 46.02 | 32.99 | 36.66 | 25.38 | 21.73 | 20.87 | 23.56 | 21.71 | 19.76 | 26.14 | 28 | 92.1 | 71.66 | 68.57 | 15.33 | 70.24 | 62.1 | 41.65 | 35.73 | 27.84 |
Accrued Expenses | 38.47 | 37.72 | 41.39 | 35.65 | 42.84 | 29.51 | 33.37 | 26.54 | 20.1 | 19.12 | 27.86 | - | - | - | 18.21 | - | - | - | - | - |
Current Portion of Long-Term Debt | 5.14 | 72.55 | 71.32 | 71.29 | 71.23 | 70.86 | 2.1 | 2.07 | 2.05 | 1.87 | 2.11 | 2.19 | 2.28 | 2.33 | 2.39 | 2.42 | 2.44 | 2.48 | 18.65 | 33.52 |
Current Portion of Leases | 3.73 | 3.67 | 3.22 | 3.2 | 1.57 | 1.76 | 1.07 | 1.62 | 1.19 | 1.17 | 1.15 | 0.93 | 0.48 | - | 0.44 | - | - | - | - | 0.6 |
Current Income Taxes Payable | 1.87 | 1.71 | 2.11 | 4.13 | - | 1.67 | 4.04 | 4.93 | 3.39 | - | - | - | - | 21.16 | 21.16 | - | - | 5.25 | 3.46 | 8.1 |
Current Unearned Revenue | 45.55 | 64.76 | 76.7 | 84.54 | 82.19 | 77.64 | 58.88 | 52 | 51.9 | 1.8 | 1.7 | - | - | - | - | - | - | - | - | - |
Other Current Liabilities | 42.76 | 71.86 | 65.27 | 45.98 | 47.3 | 45.9 | 38.9 | 37.92 | 59.69 | 57.45 | 47.73 | 1.8 | 1.35 | 1.81 | 39.95 | 2.08 | 1.61 | 2.19 | 1.7 | 0.71 |
Total Current Liabilities | 183.54 | 285.25 | 296.65 | 270.18 | 266.87 | 248.21 | 161.92 | 146.79 | 158.08 | 107.55 | 108.55 | 97.01 | 75.77 | 93.87 | 97.48 | 74.75 | 66.15 | 51.58 | 59.54 | 70.77 |
Long-Term Debt | 958.55 | 958.22 | 951.7 | 951.14 | 865.77 | 853.81 | 909.27 | 938.71 | 938.21 | 937.71 | 684.62 | 684.24 | 683.86 | 683.51 | 683.19 | 682.9 | 682.61 | 682.32 | 682.02 | 681.78 |
Long-Term Leases | 14.2 | 13.52 | 8.43 | 9.25 | 6.2 | 6.59 | 5.8 | 6.46 | 6.6 | 6.9 | 7.22 | 7.45 | 7.32 | - | 0.26 | - | - | - | - | 0.72 |
Long-Term Unearned Revenue | 107 | 102.37 | 105.99 | 84.56 | 67.08 | 91.5 | 63.21 | 19.84 | 18.76 | 18.35 | 17.43 | - | - | - | - | - | - | - | - | - |
Long-Term Deferred Tax Liabilities | 62.31 | 71.49 | 80.82 | 77.25 | 93.74 | 105.87 | 112.91 | 98.54 | 107.7 | 121.88 | 130.79 | 135.44 | 135.59 | 129.71 | 122.35 | 167.03 | 146.61 | 127.98 | 104.5 | 98.44 |
Other Long-Term Liabilities | 30.21 | 28.59 | 28.21 | 27.52 | 25.98 | 26.04 | 25.58 | 25.42 | 25.93 | 23.9 | 22.06 | 22.02 | 21.97 | 22.2 | 21.88 | 22.18 | 35.14 | 34.97 | 34.87 | 43.54 |
Total Liabilities | 1,356 | 1,459 | 1,472 | 1,420 | 1,326 | 1,332 | 1,279 | 1,236 | 1,255 | 1,216 | 970.67 | 946.15 | 924.51 | 929.3 | 925.15 | 946.86 | 930.5 | 896.84 | 880.93 | 895.26 |
Shareholders' Equity
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Common Stock | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
Additional Paid-In Capital | 1,978 | 1,968 | 1,971 | 1,967 | 970.82 | 965.49 | 961.43 | 948.69 | 943.51 | 938.21 | 979.89 | 974.1 | 958.82 | 952.79 | 951.01 | 947.97 | 939.9 | 932.38 | 936.3 | 930.75 |
Retained Earnings | 206.16 | 226.46 | 234.43 | 225 | 266.78 | 297.65 | 320.3 | 342.64 | 368.16 | 402.22 | 385.73 | 401.99 | 406.26 | 398.87 | 361.42 | 294.41 | 231.24 | 157.97 | 72.42 | 23.43 |
Treasury Stock | -227.05 | -227.05 | -227.05 | -227.05 | -227.05 | -227.05 | -227.05 | -227.11 | -202.56 | -202.56 | - | - | - | - | - | - | - | - | - | - |
Comprehensive Income & Other | -0.26 | -0.04 | 0.39 | 0.3 | -0.03 | -0 | 0.17 | 0.3 | -0.09 | -0.13 | 0.15 | -0.03 | -0.17 | 0.13 | 0.19 | -0.1 | -0.42 | - | - | - |
Total Common Equity | 1,957 | 1,967 | 1,979 | 1,965 | 1,011 | 1,036 | 1,055 | 1,065 | 1,109 | 1,138 | 1,366 | 1,376 | 1,365 | 1,352 | 1,313 | 1,242 | 1,171 | 1,090 | 1,009 | 954.2 |
Shareholders' Equity | 2,371 | 2,381 | 2,392 | 2,378 | 1,011 | 1,036 | 1,055 | 1,065 | 1,109 | 1,138 | 1,366 | 1,376 | 1,365 | 1,352 | 1,313 | 1,242 | 1,171 | 1,090 | 1,009 | 954.2 |
Total Liabilities & Equity | 3,727 | 3,840 | 3,864 | 3,798 | 2,336 | 2,368 | 2,334 | 2,300 | 2,364 | 2,354 | 2,336 | 2,322 | 2,289 | 2,281 | 2,238 | 2,189 | 2,101 | 1,987 | 1,890 | 1,849 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Total Debt | 981.62 | 1,048 | 1,035 | 1,035 | 944.77 | 933.02 | 918.23 | 948.86 | 948.05 | 947.65 | 695.09 | 694.8 | 693.94 | 685.84 | 686.27 | 685.33 | 685.05 | 684.8 | 700.67 | 716.63 |
Net Cash (Debt) | 471.02 | 690.38 | 795.63 | 905.5 | -191.12 | -173.86 | -67.36 | -82.37 | -11.05 | -0.88 | 302.75 | 389.86 | 434.13 | 483.21 | 496.07 | 578.93 | 579.07 | 548.5 | 478.63 | 462.75 |
Net Cash Growth (YoY) | - | - | - | - | - | - | - | - | - | - | -38.97% | -32.66% | -25.03% | -11.90% | 3.65% | 25.11% | 24.39% | 25.67% | 7.41% | - |
Net Cash Per Share | 2.64 | 3.88 | 3.99 | 5.17 | -1.17 | -1.06 | -0.41 | -0.50 | -0.07 | -0.00 | 1.70 | 2.20 | 2.44 | 2.50 | 2.56 | 2.99 | 2.99 | 2.83 | 2.47 | 2.39 |
Filing Date Shares Outstanding | 178.1 | 178.02 | 177.67 | 177.23 | 177.1 | 163.46 | 163.44 | 163.21 | 165.38 | 165.32 | 178.08 | 177.82 | 177.65 | 177.62 | 177.62 | 177.54 | 177.53 | 177.53 | 177.52 | 177.75 |
Total Common Shares Outstanding | 178.05 | 177.67 | 177.36 | 177.21 | 163.47 | 163.45 | 163.2 | 163.19 | 165.33 | 165.31 | 178.08 | 177.8 | 177.63 | 177.62 | 177.71 | 177.53 | 177.53 | 177.53 | 177.82 | 177.75 |
Working Capital | 1,562 | 1,762 | 1,869 | 1,904 | 693.53 | 774.67 | 869.4 | 870.39 | 932.56 | 998.65 | 1,023 | 1,091 | 1,148 | 1,174 | 1,196 | 1,282 | 1,283 | 1,265 | 1,217 | 1,185 |
Book Value Per Share | 10.99 | 11.07 | 11.16 | 11.09 | 6.18 | 6.34 | 6.46 | 6.52 | 6.71 | 6.88 | 7.67 | 7.74 | 7.68 | 7.61 | 7.39 | 7.00 | 6.59 | 6.14 | 5.67 | 5.37 |
Tangible Book Value | 1,957 | 1,967 | 1,973 | 1,958 | 1,004 | 1,029 | 1,048 | 1,057 | 1,101 | 1,129 | 1,357 | 1,367 | 1,365 | 1,352 | 1,313 | 1,242 | 1,171 | 1,090 | 1,009 | 954.2 |
Tangible Book Value Per Share | 10.99 | 11.07 | 11.12 | 11.05 | 6.14 | 6.30 | 6.42 | 6.47 | 6.66 | 6.83 | 7.62 | 7.69 | 7.68 | 7.61 | 7.39 | 7.00 | 6.59 | 6.14 | 5.67 | 5.37 |
Land | 134.81 | 43.72 | 43.42 | 43.03 | 43.03 | 42.89 | 42.79 | 40.25 | 39.35 | 28.86 | 27.09 | 16.43 | 16.21 | 16.11 | 16.1 | 16.23 | 15.77 | 15.76 | 7.93 | 8.61 |
Buildings | 101.9 | 101.9 | 101.56 | 100.57 | 99.71 | 99.11 | 96.96 | 95.24 | 93.67 | 92.81 | 92.2 | 25.43 | 25.63 | 15.86 | 15.11 | 9.26 | 8.95 | 8.84 | 8.79 | 4.54 |
Machinery | 884.92 | 845.17 | 756.2 | 725.64 | 709.53 | 688.07 | 662.33 | 564.68 | 539.68 | 513 | 503.15 | 473.58 | 436.44 | 275.54 | 186.39 | 67.48 | 64.15 | 62.33 | 61.82 | 41.71 |
Construction In Progress | 372.88 | 302.81 | 302.94 | 248.98 | 226.2 | 219.56 | 202.54 | 262.99 | 257.71 | 256.43 | 211.85 | 240.22 | 207.39 | 323.44 | 338.48 | 352.65 | 271.05 | 186.24 | 134.33 | 124.55 |