MP Materials Corp. / DE
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $224.4M | $203.9M | $253.4M | $527.5M | $332.0M |
| Operating income | -$149.4M | -$169.4M | -$17.7M | $327.4M | $165.3M |
| Cash from operations | -$155.8M | $13.3M | $62.7M | $343.5M | $102.0M |
| Capital expenditure | $172.4M | $186.4M | $261.9M | $326.6M | $123.9M |
| Free cash flow | -$328.1M | -$173.1M | -$199.2M | $16.9M | -$21.9M |
| Share repurchases | $0 | $225.1M | $0 | $0 | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $3.9B | $2.3B | $2.3B | $2.2B | $1.9B |
| Total liabilities | $1.5B | $1.3B | $970.7M | $925.2M | $880.9M |
| Total debt | $1.1B | $930.5M | $690.0M | — | — |
Shares outstanding 178.0M · Free float 86.8%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.