Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $73.0M | $134M | $332M | $528M | $253M | $204M | $224M |
| Revenue growth | — | 83.9% | 147.2% | 58.9% | -52.0% | -19.6% | 10.1% |
| Operating income | -$7.62M | -$34.7M | $165M | $327M | -$17.7M | -$169M | -$149M |
| Operating margin | -10.4% | -25.8% | 49.8% | 62.1% | -7.0% | -83.1% | -66.6% |
| Net income | -$6.75M | -$21.8M | $135M | $289M | $24.3M | -$65.4M | -$85.9M |
| Net margin | -9.3% | -16.2% | 40.7% | 54.8% | 9.6% | -32.1% | -38.3% |
| EPS (diluted) | -$0.10 | -$0.27 | $0.73 | $1.52 | $0.14 | -$0.57 | -$0.50 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$437K | $3.28M | $102M | $344M | $62.7M | $13.3M | -$156M |
| Capital expenditures | $2.27M | $22.4M | $124M | $327M | $262M | $186M | $172M |
| Free cash flow | -$2.71M | -$19.1M | -$21.9M | $16.9M | -$199M | -$173M | -$328M |
| Share buybacks | — | — | — | $0.00 | $0.00 | $192M | $0.00 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.76M | $520M | $1.18B | $137M | $263M | $282M | $1.17B |
| Total assets | $102M | $1.07B | $1.89B | $2.24B | $2.34B | $2.33B | $3.86B |
| Total liabilities | $120M | $220M | $881M | $925M | $971M | $1.28B | $1.47B |
| Long-term debt | — | $961K | $675M | $678M | $682M | $909M | $931M |
| Shareholders' equity | -$18.0M | $854M | $1.01B | $1.31B | $1.37B | $1.05B | $1.98B |
| Retained earnings | -$40.8M | -$62.6M | $72.4M | $361M | $386M | $320M | $234M |
| Shares (wtd avg diluted) | 66.6M | 79.7M | 190M | 193M | 178M | 170M | 170M |
Every figure is extracted from MP Materials Corp. / DE’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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