MP Materials Corp. (MP)

MP Cash Flow Statement

Operating, investing, and financing cash flow analysis

MP Quarterly Cash Flow Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Cash from Operations (CFO)	-94.466M	-1.909M	-46.854M	-42.048M	-3.655M	-63.198M	30.477M	-6.844M	30.842M
Net Income	-71.194M	-7.968M	9.426M	-41.780M	-30.872M	-22.648M	-22.342M	-25.516M	-34.055M
Depreciation & Amortization	109.620M	41.365M	24.981M	22.497M	20.777M	21.384M	22.118M	19.344M	18.210M
Stock-Based Compensation	15.124M	0.00	9.572M	0.00	5.552M	7.353M	4.560M	5.453M	5.703M
Change in Accounts Receivable	98.546M	47.291M	14.642M	14.792M	21.821M	69.719M	18.874M	14.549M	8.459M
Change in Inventory	—	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—	—
Change in Working Capital	-106.997M	-27.101M	-78.612M	-15.695M	14.411M	-56.303M	40.549M	-6.481M	49.514M
Cash from Investing	—	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-219.284M	-77.376M	-62.406M	-50.496M	-29.006M	-30.467M	-41.650M	-46.442M	-46.488M
Acquisitions	1.666M	0.00	1.666M	0.00	0.00	1.666M	0.00	0.00	0.00
Cash from Financing	—	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	-1.882M	0.00	0.00	-1.647M	-235K	-3.642M	-5.535M	-24.304M	-175K
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	-313.750M	-79.285M	-109.260M	-92.544M	-32.661M	-93.665M	-11.173M	-53.286M	-15.646M
Net Change in Cash	687.117M	-280.544M	18.867M	885.499M	63.295M	-83.905M	-1.991M	-11.446M	-469K

MP Annual Cash Flow Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Cash from Operations (CFO)	-155.755M	13.349M	62.699M	343.514M	101.971M	3.277M	-437K	20.196M
Net Income	-85.874M	-65.424M	24.307M	289.004M	135.037M	-21.825M	-6.755M	-13.466M
Depreciation & Amortization	90.757M	78.057M	55.709M	18.356M	24.382M	6.931M	4.687M	4.453M
Stock-Based Compensation	30.163M	23.183M	25.236M	31.780M	22.931M	5.014M	0.00	0.00
Change in Accounts Receivable	14.642M	18.874M	10.029M	32.856M	51.009M	3.589M	370K	225K
Change in Inventory	—	—	—	—	—	—	—	—
Change in Accounts Payable	—	—	—	—	—	—	—	—
Change in Working Capital	-136.199M	58.209M	-32.229M	4.207M	-34.287M	-37.648M	1.911M	11.190M
Cash from Investing	—	—	—	—	—	—	—	—
Capital Expenditures (CapEx)	-172.375M	-186.418M	-261.897M	-326.595M	-123.870M	-22.370M	-2.274M	-7.790M
Acquisitions	0.00	0.00	-9.673M	0.00	125K	0.00	7.898M	0.00
Cash from Financing	—	—	—	—	—	—	—	—
Debt Repayment	—	—	—	—	—	—	—	—
Stock Repurchased (Buybacks)	0.00	-225.068M	-7.185M	-18.357M	-3.330M	-996K	0.00	0.00
Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow (FCF)	-328.130M	-173.069M	-199.198M	16.919M	-21.899M	-19.093M	-2.711M	12.406M
Net Change in Cash	883.756M	18.615M	121.479M	-1.038B	648.717M	502.868M	1.091M	-16.424M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About MP Materials Corp.

MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.

Las Vegas, NV

804 employees

mpmaterials.com

Basic Materials / Industrial Materials

Sector: Basic Materials
Industry: Industrial Materials
CEO: James Henry Litinsky

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