MP Materials Quarterly Balance Sheet
NYSE: MPBasic MaterialsMetal MiningUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MP Materials financial position
As of Jun 30, 2026, MP Materials reported total assets of $3.73 billion, up 59.5% from a year earlier against total liabilities of $1.36 billion. Shareholders' equity stood at $1.96 billion, or 52.5% of assets. The company held $429.1 million in cash and equivalents against $934.6 million of debt, a net debt position of $505.5 million.
The current ratio (current assets divided by current liabilities) was 9.51, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.48.
Summary generated from market data by MetaCap's automated system. Methodology
MP Materials balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 429.07M | 886.28M | 1.17B | 1.15B | 261.54M | 198.34M | 282.44M | 284.43M | 295.60M | 296.47M | 263.35M | 547.67M |
| Short-Term Investments | 1.02B | 852.06M | 664.27M | 793.22M | 492.12M | 560.81M | 568.43M | 582.06M | 641.40M | 650.30M | 734.49M | 536.99M |
| Receivables | 40.44M | 47.29M | 14.64M | 14.79M | 21.82M | 69.72M | 18.64M | 14.55M | 8.46M | 21.60M | 10.03M | 13.18M |
| Inventory | 173.43M | 169.19M | 171.56M | 144.37M | 128.05M | 133.08M | 107.91M | 116.70M | 115.38M | 108.51M | 95.18M | 77.18M |
| Total Current Assets | 1.75B | 2.05B | 2.17B | 2.17B | 960.39M | 1.02B | 1.03B | 1.02B | 1.09B | 1.11B | 1.13B | 1.19B |
| Property, Plant & Equipment | 1.61B | 1.43B | 1.37B | 1.31B | 1.29B | 1.28B | 1.25B | 1.23B | 1.22B | 1.20B | 1.16B | 1.10B |
| Intangible Assets | — | — | 6.17M | 6.47M | 6.77M | 7.07M | 7.37M | 7.97M | 8.28M | 8.58M | 8.88M | 9.18M |
| Total Assets | 3.73B | 3.84B | 3.86B | 3.80B | 2.34B | 2.37B | 2.33B | 2.30B | 2.36B | 2.35B | 2.34B | 2.32B |
| Accounts Payable | 46.02M | 32.99M | 36.66M | 25.38M | 21.73M | 20.87M | 23.56M | 21.71M | 19.75M | 26.14M | 28.00M | 92.10M |
| Short-Term Debt | 0 | 67.50M | 67.41M | 67.52M | 67.43M | 67.35M | 0 | — | — | — | — | — |
| Total Current Liabilities | 183.54M | 285.25M | 299.05M | 270.18M | 266.87M | 248.21M | 164.02M | 146.79M | 158.08M | 107.55M | 108.55M | 97.01M |
| Long-Term Debt | 934.58M | 932.94M | 931.33M | 929.75M | 843.37M | 842.41M | 908.73M | 937.63M | 936.61M | 935.59M | 681.98M | 681.09M |
| Total Liabilities | 1.36B | 1.46B | 1.47B | 1.42B | 1.33B | 1.33B | 1.28B | 1.24B | 1.26B | 1.22B | 970.67M | 946.15M |
| Shareholders' Equity | 1.96B | 1.97B | 1.98B | 1.96B | 1.01B | 1.04B | 1.05B | 1.06B | 1.11B | 1.14B | 1.37B | 1.38B |
| Retained Earnings | 206.16M | 226.46M | 234.43M | 225.00M | 266.78M | 297.65M | 320.30M | 342.64M | 368.16M | 402.21M | 385.73M | 401.99M |
| Total Debt | 934.58M | 1.00B | 998.74M | 997.27M | 910.80M | 909.76M | 908.73M | 937.63M | 936.61M | 935.59M | 681.98M | 681.09M |
| Net Cash (Debt) | 518.06M | 737.89M | 831.54M | 943.11M | -157.15M | -150.60M | -57.86M | -71.14M | 392.00K | 11.18M | 315.86M | 403.57M |
| Shares Outstanding | 178.05M | 177.67M | 177.36M | 177.21M | 163.47M | 163.45M | 163.20M | 163.19M | 165.33M | 165.31M | 178.08M | 177.80M |
This table shows 12 quarterly periods of MP Materials's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MP's reporting calendar. What is a balance sheet?