MP Materials Corp. / DE — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that MP Materials Corp. / DE filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $331.95M | Feb 28, 2022 |
| FY2021 | Dec 31, 2020 | $134.31M | Feb 28, 2022 |
| FY2021 | Dec 31, 2019 | $73.41M | Feb 28, 2022 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $224.44M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $203.86M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $253.45M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $527.51M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $331.95M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $134.31M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $73.02M | Feb 28, 2022 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($85.87M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($65.42M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $24.31M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $289.00M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $135.04M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | ($21.83M) | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | ($6.76M) | Feb 28, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($149.37M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($169.43M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | ($17.72M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $327.41M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $165.35M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | ($34.70M) | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | ($7.62M) | Feb 28, 2022 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $112.07M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $83.30M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $79.25M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $75.86M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $56.65M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $26.77M | Feb 28, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($155.76M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $13.35M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $62.70M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $343.51M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $101.97M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $3.28M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | ($437.0K) | Feb 28, 2022 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $172.38M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $186.42M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $261.90M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $326.60M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $123.87M | Feb 28, 2024 |
| FY2021 | Feb 28, 2021 | $9.40M | Feb 28, 2022 |
| FY2022 | Dec 31, 2020 | $22.37M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $2.27M | Feb 28, 2022 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.86B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.33B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.34B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $2.24B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $1.89B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $1.07B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $101.79M | Mar 22, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.47B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.28B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $970.67M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $925.15M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $880.93M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $220.41M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $119.82M | Mar 22, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.98B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.05B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.37B | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | $1.31B | Feb 26, 2026 |
| FY2024 | Dec 31, 2021 | $1.01B | Feb 28, 2025 |
| FY2023 | Dec 31, 2020 | $853.88M | Feb 28, 2024 |
| FY2022 | Dec 31, 2019 | ($18.02M) | Feb 28, 2023 |
| FY2021 | Dec 31, 2018 | ($11.27M) | Feb 28, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $234.43M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $320.30M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $385.73M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $361.42M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $72.42M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | ($62.62M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($40.80M) | Mar 22, 2021 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.17B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $282.44M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $263.35M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $136.63M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $1.18B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $519.65M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $2.76M | Feb 28, 2022 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $998.74M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $908.73M | Feb 26, 2026 |
| FY2021 | Dec 31, 2021 | $674.93M | Feb 28, 2022 |
| FY2021 | Dec 31, 2020 | $3.36M | Feb 28, 2022 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Feb 28, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Feb 28, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 177.36M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 163.20M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 178.08M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 177.71M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | 177.82M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 170.72M | Feb 28, 2022 |
| FY2022 | Nov 17, 2020 | 149.31M | Feb 28, 2023 |
| FY2020 | Dec 31, 2019 | 66.56M | Mar 22, 2021 |