Revenue
$108.49M
Fiscal year ended 2026-06-30Operating income
-$32.03M
Fiscal year ended 2026-06-30Free cash flow
-$223.49M
Fiscal year ended 2026-06-30MP Materials Corp. / DE (MP) reported revenue of $108.49M and net income of -$20.30M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MP Materials Corp. / DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Metal Mining.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108.49M | $90.65M | $52.68M | $53.55M | $57.39M | $60.81M | $60.99M | $62.93M | $31.26M | $48.68M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$32.03M | -$24.12M | -$3.69M | -$67.02M | -$43.88M | -$34.78M | -$43.96M | -$39.54M | -$53.49M | -$32.43M |
| Net income | -$20.30M | -$7.97M | $9.43M | -$41.78M | -$30.87M | -$22.65M | -$22.34M | -$25.52M | -$34.06M | $16.49M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 178.41M | shares 178.02M | Unavailable | shares 175.03M | shares 163.83M | shares 163.76M | Unavailable | shares 164.15M | shares 165.34M | shares 186.79M |
| Pretax income | -$29.34M | -$13.64M | $10.56M | -$58.43M | -$42.72M | -$27.18M | -$33.96M | -$34.87M | -$48.15M | $23.63M |
| Income tax expense | -$9.04M | -$5.67M | $1.13M | -$16.65M | -$11.85M | -$4.53M | -$11.62M | -$9.35M | -$14.10M | $7.14M |
| Diluted EPS | $-0.11 | $-0.04 | Unavailable | $-0.24 | $-0.19 | $-0.14 | Unavailable | $-0.16 | $-0.21 | $-0.08 |
| Selling, general & administrative | $35.16M | $33.64M | $32.07M | $28.40M | $27.43M | $24.17M | $19.07M | $21.52M | $21.43M | $21.27M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $429.08M | $886.28M | $1.17B | $1.15B | $261.54M | $198.34M | $282.44M | $284.43M | $295.60M | $296.47M |
| Total assets | $3.73B | $3.84B | $3.86B | $3.80B | $2.34B | $2.37B | $2.33B | $2.30B | $2.36B | $2.35B |
| Current assets | $1.75B | $2.05B | $2.17B | $2.17B | $960.40M | $1.02B | $1.03B | $1.02B | $1.09B | $1.11B |
| Total liabilities | $1.36B | $1.46B | $1.47B | $1.42B | $1.33B | $1.33B | $1.28B | $1.24B | $1.26B | $1.22B |
| Current liabilities | $183.54M | $285.25M | $299.05M | $270.18M | $266.87M | $248.21M | $164.02M | $146.79M | $158.08M | $107.55M |
| Total equity incl. NCI | $1.96B | $1.97B | $1.98B | $1.96B | $1.01B | $1.04B | $1.05B | $1.06B | $1.11B | $1.14B |
| Temporary (mezzanine) equity | $413.61M | $413.61M | $413.61M | $413.61M | Unavailable | Unavailable | $0 | Unavailable | Unavailable | Unavailable |
| Inventory | $173.43M | $169.19M | $171.56M | $144.37M | $128.05M | $133.08M | $107.90M | $116.70M | $115.38M | $108.51M |
| Accounts receivable | $40.44M | $47.29M | $14.64M | $14.79M | $21.82M | $69.72M | $18.64M | $14.55M | $8.46M | $21.60M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $934.58M | $932.94M | $931.33M | $929.74M | $843.37M | $842.42M | $908.73M | $937.63M | $936.61M | $935.58M |
| Accounts payable | $46.02M | $32.99M | $36.66M | $25.38M | $21.73M | $20.87M | $23.56M | $21.71M | $19.76M | $26.14M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.85M | -$1.91M | -$46.85M | -$42.05M | -$3.66M | -$63.20M | $30.48M | -$6.84M | $30.84M | -$41.13M |
| Capital expenditures | $230.34M | $77.38M | $62.41M | $50.50M | $29.01M | $30.47M | $41.65M | $46.44M | $46.49M | $51.84M |
| Investing cash flow | -$394.95M | -$259.81M | $73.03M | -$333.05M | $69.68M | -$15.70M | -$21.64M | $20.73M | -$29.74M | $40.71M |
| Financing cash flow | -$69.38M | -$18.55M | -$7.30M | $1.26B | -$2.73M | -$5.00M | -$10.83M | -$25.33M | -$1.55M | $32.92M |
| Net change in cash | -$457.48M | -$280.27M | $18.87M | $885.50M | $63.30M | -$83.90M | -$1.99M | -$11.45M | -$456.00K | $32.51M |
| Stock-based compensation | $11.29M | $12.93M | $9.57M | $7.69M | $5.55M | $7.35M | $4.56M | $5.45M | $5.70M | $7.47M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | $0 | $0 | $0 | $0 | $0 | $24.30M | $0 | $200.76M |
| Depreciation & amortization | $35.38M | $32.14M | $24.61M | $22.50M | $20.78M | $21.38M | $22.12M | $19.34M | $18.21M | $18.38M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$223.49M | -$79.28M | -$109.26M | -$92.54M | -$32.66M | -$93.66M | -$11.17M | -$53.29M | -$15.65M | -$92.96M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | -29.5% | -26.6% | -7.0% | -125.2% | -76.5% | -57.2% | -72.1% | -62.8% | -171.1% | -66.6% |
| FCF margin | -206.0% | -87.5% | -207.4% | -172.8% | -56.9% | -154.0% | -18.3% | -84.7% | -50.1% | -191.0% |
| SBC / revenue | 10.4% | 14.3% | 18.2% | 14.4% | 9.7% | 12.1% | 7.5% | 8.7% | 18.2% | 15.3% |
| Current ratio | 9.51x | 7.18x | 7.24x | 8.05x | 3.60x | 4.12x | 6.29x | 6.93x | 6.90x | 10.29x |
| Revenue YoY growth | 89.0% | 49.1% | -13.6% | -14.9% | 83.6% | 24.9% | 48.0% | 19.8% | -51.2% | -49.1% |
| Net margin | -18.7% | -8.8% | 17.9% | -78.0% | -53.8% | -37.2% | -36.6% | -40.5% | -108.9% | 33.9% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 212.3% | 85.4% | 118.5% | 94.3% | 50.5% | 50.1% | 68.3% | 73.8% | 148.7% | 106.5% |
| Long-term debt / equity | 0.48x | Unavailable | 0.47x | 0.47x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | 10.7% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 30.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MP in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.