Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Mp Materials Corp. Revenue & Financial Statements
Mp Materials Corp. reported revenue of $224.4M for the fiscal year ended December 31, 2025, up 10.1% year over year, with net income of $(85.9M) and diluted EPS of $-0.50.
- Company
- Mp Materials Corp. MP · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 328.6M | 527.5M | 253.4M | 203.9M | 224.4M |
| Cost of revenue | — | — | — | 192.6M | 192.8M |
| Gross profit | — | — | — | 11.3M | 31.7M |
| Operating income | 165.3M | 327.4M | (17.7M) | (169.4M) | (149.4M) |
| Pretax income | 160.2M | 341.2M | 33.1M | (93.3M) | (117.8M) |
| Net income | 135.0M | 289.0M | 24.3M | (65.4M) | (85.9M) |
| Diluted EPS | 0.73 | 1.52 | 0.14 | -0.57 | -0.50 |
| EBITDA | 172.2M | 333.2M | 26.3M | (105.9M) | (60.1M) |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48.7M | 31.3M | 62.9M | 61.0M | 60.8M | 57.4M | 53.6M | 52.7M |
| Cost of revenue | — | — | — | — | 48.8M | 50.4M | 48.5M | 45.0M |
| Gross profit | — | — | — | — | 12.0M | 7.0M | 5.1M | 7.6M |
| Operating income | (32.4M) | (53.5M) | (39.5M) | (44.0M) | (34.8M) | (43.9M) | (67.0M) | (3.7M) |
| Pretax income | 23.6M | (48.2M) | (34.9M) | (34.0M) | (27.2M) | (42.7M) | (58.4M) | 10.6M |
| Net income | 16.5M | (34.1M) | (25.5M) | (22.3M) | (22.6M) | (30.9M) | (41.8M) | 9.4M |
| Diluted EPS | -0.08 | -0.21 | -0.16 | -0.13 | -0.14 | -0.19 | -0.24 | 0.07 |
| EBITDA | (17.5M) | (38.4M) | (23.5M) | (26.4M) | (16.6M) | (24.8M) | (48.5M) | 20.9M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 1.9B | 2.2B | 2.3B | 2.3B | 3.9B |
| Current assets | 1.3B | 1.3B | 1.1B | 1.0B | 2.2B |
| Cash & equivalents | 1.2B | 136.6M | 263.4M | 282.4M | 1.2B |
| Total liabilities | 880.9M | 925.2M | 970.7M | 1.3B | 1.5B |
| Current liabilities | 59.5M | 97.5M | 108.5M | 164.0M | 299.0M |
| Long-term debt | 674.9M | 678.4M | 682.0M | 908.7M | 931.3M |
| Total debt | 674.9M | 678.4M | 682.0M | 908.7M | 998.7M |
| Stockholders’ equity | 1.0B | 1.3B | 1.4B | 1.1B | 2.0B |
| Net debt | (504.4M) | 541.8M | 418.6M | 626.3M | (167.3M) |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 102.0M | 343.5M | 62.7M | 13.3M | (155.8M) |
| Investing cash flow | (119.4M) | (1.4B) | 68.7M | 10.1M | (206.0M) |
| Financing cash flow | 666.1M | (24.2M) | (9.9M) | (4.8M) | 1.2B |
| Capital expenditure | 123.9M | 326.6M | 261.9M | 186.4M | 172.4M |
| Free cash flow | (21.9M) | 16.9M | (199.2M) | (173.1M) | (328.1M) |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 22.9M | 31.8M | 25.2M | 23.2M | 30.2M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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