MP Materials (MP) Net Cash Flow (2020 - 2026)
MP Materials' (MP) quarterly Net Cash Flow came in at -$280.3 million in Q1 2026, down 234.03% YoY from $209.1 million in Q1 2025, and down 1585.49% on a QoQ basis from $18.9 million in Q4 2025.
MP Materials (MP) Net Cash Flow (2020 - 2026) Analysis & Trends
MP Materials (MP) has 7 years of Net Cash Flow data on file, last reported at -$280.3 million in Q1 2026.
- Quarterly Net Cash Flow fell 234.03% year-over-year to -$280.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $687.4 million (up 802.87% YoY) and the FY2025 annual result came in at $883.8 million, up 4647.55% from the prior year.
- Net Cash Flow declined to -$280.3 million in Q1 2026, from $18.9 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $885.5 million in Q3 2025 to a low of -$568.8 million in Q2 2022.
- A 5-year average of -$17.3 million and a median of -$2.0 million in 2024 frame the typical range for Net Cash Flow.
- Annual changes were most pronounced in 2022 — Net Cash Flow plunged 4864.86% — and 2025, when it jumped 13980.48%.
- Tracing MP's Net Cash Flow over 5 years: stood at -$290.9 million in 2022, then grew by 2.29% to -$284.3 million in 2023, then jumped by 99.3% to -$2.0 million in 2024, then jumped by 1047.61% to $18.9 million in 2025, then slumped by 1585.49% to -$280.3 million in 2026.
- The last three Net Cash Flow figures came in at -$280.3 million (Q1 2026), $18.9 million (Q4 2025), and $885.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | - |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -457.48 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 4.19 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 79.03 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | - |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | -7.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -457.48 Mn |
| Jun 30, 2026 | -457.48 Mn |
| Mar 31, 2026 | -280.27 Mn |
| Mar 31, 2026 | -280.27 Mn |
| Dec 31, 2025 | 18.87 Mn |
| Dec 31, 2025 | 18.87 Mn |
| Sep 30, 2025 | 885.50 Mn |
| Sep 30, 2025 | 885.50 Mn |
| Jun 30, 2025 | 63.30 Mn |
| Jun 30, 2025 | 63.30 Mn |
| Mar 31, 2025 | -83.91 Mn |
| Mar 31, 2025 | -83.91 Mn |
| Dec 31, 2024 | -1.99 Mn |
| Dec 31, 2024 | -1.99 Mn |
| Sep 30, 2024 | -11.45 Mn |
| Sep 30, 2024 | -11.45 Mn |
| Jun 30, 2024 | -456,000.00 |
| Jun 30, 2024 | -456,000.00 |
| Mar 31, 2024 | 32.51 Mn |
| Mar 31, 2024 | 32.51 Mn |