MP Materials Corp. (MP)

MP Materials Cash Flow Statement

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

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
Net Income	-71.19	-85.87	-65.42	24.31	289	135.04
Depreciation & Amortization	100.02	89.27	78.06	55.71	18.36	24.38
Stock-Based Compensation	35.74	30.16	23.18	25.24	31.78	22.93
Other Adjustments	-59.03	-53.11	-80.68	-10.32	0.17	-28.67
Change in Receivables	70.22	-106.44	-8.97	5.11	18.15	-47.42
Changes in Inventories	-92.77	-115.02	-41.54	-47.1	-24.31	-8.23
Changes in Accounts Payable	8.35	9.39	1.33	11.31	1.96	5.53
Changes in Income Taxes Payable	-	23.03	-22.84	-19.79	15.5	3.46
Changes in Unearned Revenue	-5.82	58.19	100	-	-	-
Changes in Other Operating Activities	-16.65	-5.35	30.22	18.25	-7.09	-5.06
Operating Cash Flow	-94.47	-155.76	13.35	62.7	343.51	101.97
Operating Cash Flow Growth	-	-	-78.71%	-81.75%	236.87%	3011.72%
Capital Expenditures	-219.28	-172.38	-186.42	-261.9	-326.6	-123.87
Sale of Property, Plant & Equipment	2.4	4.06	-	0.02	-	0.13
Purchases of Investments	-2,031	-1,819	-1,568	-1,195	-2,780	-
Proceeds from Sale of Investments	1,769	1,757	1,764	1,523	1,744	-
Other Investing Activities	18.1	24.2	0.1	2.8	5.13	4.38
Investing Cash Flow	-450.16	-206.05	10.06	68.7	-1,357	-119.36
Long-Term Debt Issued	61.54	61.54	747.5	-	-	690
Long-Term Debt Repaid	-5.69	-6.14	-431.13	-2.73	-5.83	-2.44
Net Long-Term Debt Issued (Repaid)	55.85	55.4	316.37	-2.73	-5.83	687.57
Issuance of Common Stock	-	936.56	-	-	-	-
Repurchase of Common Stock	-	-	-225.07	-	-	-
Net Common Stock Issued (Repurchased)	-	936.56	-225.07	-	-	-
Issuance of Preferred Stock	-	299.4	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-	299.4	-	-	-	-
Other Financing Activities	-28.69	-45.8	-96.09	-7.19	-18.36	-21.46
Financing Cash Flow	1,232	1,246	-4.79	-9.92	-24.19	666.11
Net Cash Flow	687.39	883.76	18.62	121.48	-1,038	648.72
Free Cash Flow	-313.75	-328.13	-173.07	-199.2	16.92	-21.9
FCF Margin	-123.39%	-146.20%	-84.90%	-78.60%	3.21%	-6.60%
Free Cash Flow Per Share	-1.75	-1.93	-1.02	-1.12	0.09	-0.12
Levered Free Cash Flow	-241.5	-143.34	209.76	-221.95	-39.02	718.82
Unlevered Free Cash Flow	-384.61	-258.98	-159.93	-256.54	-44.82	35.6

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q