MP Materials Corp. (MP)
NYSE: MP · Real-Time Price · USD
38.76
+1.31 (3.50%)
At close: Nov 13, 2026, 4:00 PM EST
38.70
-0.06 (-0.15%)
After-hours: Nov 13, 2026, 7:59 PM EST
MP Materials Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | -39.55 | -85.87 | -65.42 | 24.31 | 289 | 135.04 |
Depreciation & Amortization | 128.3 | 89.27 | 78.06 | 55.71 | 18.36 | 26.76 |
Other Amortization | 7.27 | 5.41 | 3.9 | 3.54 | 4.03 | 7.38 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | 0.57 |
Loss (Gain) From Sale of Investments | -27.37 | -24.09 | -30.26 | -26.32 | -9.96 | - |
Stock-Based Compensation | 45.24 | 30.16 | 23.18 | 25.24 | 31.78 | 22.93 |
Other Operating Activities | -7.54 | -34.44 | -54.32 | 12.46 | 6.09 | -39 |
Change in Accounts Receivable | -51.24 | 4 | -8.93 | 23.13 | 18.15 | -47.42 |
Change in Inventory | -70.23 | -115.02 | -41.54 | -47.1 | -24.31 | -8.23 |
Change in Accounts Payable | 12.19 | 9.39 | 1.33 | 11.31 | 1.96 | 5.53 |
Change in Unearned Revenue | -19.69 | 63.02 | 104.91 | 19.12 | - | - |
Change in Income Taxes | 23.03 | 23.03 | -22.84 | -19.79 | 15.5 | 3.46 |
Change in Other Net Operating Assets | -55.02 | -120.62 | 25.28 | -18.9 | -7.09 | -5.06 |
Operating Cash Flow | -54.61 | -155.76 | 13.35 | 62.7 | 343.51 | 101.97 |
Operating Cash Flow Growth | - | - | -78.71% | -81.75% | 236.87% | 3011.72% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -482.66 | -172.38 | -186.42 | -261.9 | -326.6 | -123.87 |
Sale of Property, Plant & Equipment | - | 4.06 | - | 0.02 | - | 0.13 |
Investment in Securities | -258.41 | -61.94 | 196.38 | 327.78 | -1,036 | - |
Other Investing Activities | 6.5 | 24.2 | 0.1 | 2.8 | 5.13 | 4.38 |
Investing Cash Flow | -734.57 | -206.05 | 10.06 | 68.7 | -1,357 | -119.36 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 61.54 | 747.5 | - | - | 690 |
Long-Term Debt Repaid | - | -6.14 | -431.13 | -2.73 | -5.83 | -2.44 |
Net Debt Issued (Repaid) | -72.19 | 55.4 | 316.37 | -2.73 | -5.83 | 687.57 |
Issuance of Common Stock | - | 747.5 | - | - | - | - |
Repurchase of Common Stock | -25.48 | -10.92 | -235.18 | -7.19 | -18.36 | -3.33 |
Other Financing Activities | -0.78 | 154.17 | -85.98 | - | - | -18.13 |
Financing Cash Flow | -98.45 | 1,246 | -4.79 | -9.92 | -24.19 | 666.11 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Cash Flow | -887.63 | 883.76 | 18.62 | 121.48 | -1,038 | 648.72 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -537.27 | -328.13 | -173.07 | -199.2 | 16.92 | -21.9 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -103.63% | -119.12% | -84.90% | -78.60% | 3.21% | -6.60% |
Free Cash Flow Per Share | -3.02 | -1.93 | -1.02 | -1.12 | 0.09 | -0.12 |
Levered Free Cash Flow | -410.35 | -237.32 | -191 | -182.71 | -26.66 | -0.38 |
Unlevered Free Cash Flow | -393.35 | -223.06 | -180.52 | -182.97 | -27.08 | -2.2 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 Interest Paid | 26.84 | 23.1 | 12.13 | 2.06 | 2.1 | 1.2 |
Cash Income Tax Paid | - | -23.32 | 0.87 | 20.11 | 18.86 | 4.17 |
Change in Working Capital | -160.96 | -136.2 | 58.21 | -32.23 | 4.21 | -51.71 |