Financial Statements — MP
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.43 | 0.89 | 1.15 | 0.26 | 0.20 | 0.28 | 0.30 | 0.30 | 0.55 | 0.93 | 0.65 | 0.43 | 0.66 | 1.23 | 1.18 | 1.20 | 1.18 |
| Accounts Receivable | 0.04 | 0.05 | 0.01 | 0.02 | 0.07 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | -- | -- | -- | -- | -- | -- |
| Inventory | 0.17 | 0.17 | 0.14 | 0.13 | 0.13 | 0.12 | 0.12 | 0.11 | 0.08 | 0.07 | 0.06 | 0.06 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 |
| Total Current Assets | 1.75 | 2.05 | 2.17 | 0.96 | 1.02 | 1.02 | 1.09 | 1.11 | 1.19 | 1.22 | 1.27 | 1.36 | 1.35 | 1.32 | 1.26 | 1.25 | 1.24 |
| Property, Plant & Equipment | 1.61 | 1.43 | 1.31 | 1.29 | 1.28 | 1.23 | 1.22 | 1.20 | 1.10 | 1.04 | 1.00 | 0.83 | 0.75 | 0.67 | 0.58 | 0.56 | 0.53 |
| Intangible Assets | -- | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets | 1.98 | 1.79 | 1.62 | 1.38 | 1.35 | 1.28 | 1.27 | 1.25 | 1.13 | 1.07 | 1.01 | 0.83 | 0.75 | 0.67 | 0.59 | 0.57 | 0.54 |
| Total Assets | 3.73 | 3.84 | 3.80 | 2.34 | 2.37 | 2.30 | 2.36 | 2.35 | 2.32 | 2.29 | 2.28 | 2.19 | 2.10 | 1.99 | 1.85 | 1.82 | 1.78 |
| Accounts Payable | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.04 | 0.03 | 0.04 | 0.03 |
| Total Current Liabilities | 0.18 | 0.29 | 0.27 | 0.27 | 0.25 | 0.15 | 0.16 | 0.11 | 0.10 | 0.08 | 0.09 | 0.07 | 0.07 | 0.05 | 0.07 | 0.09 | 0.07 |
| Long-term Debt | 0.93 | 1.00 | 1.00 | 0.91 | 0.91 | 0.94 | 0.94 | 0.94 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.68 | 0.67 | 0.67 | 0.68 |
| Total Non-current Liabilities | 1.17 | 1.17 | 1.15 | 1.06 | 1.08 | 1.09 | 1.10 | 1.11 | 0.85 | 0.85 | 0.84 | 0.87 | 0.86 | 0.85 | 0.82 | 0.82 | 0.83 |
| Total Liabilities | 1.36 | 1.46 | 1.42 | 1.33 | 1.33 | 1.24 | 1.26 | 1.22 | 0.95 | 0.92 | 0.93 | 0.95 | 0.93 | 0.90 | 0.90 | 0.91 | 0.91 |
| Retained Earnings | 0.21 | 0.23 | 0.23 | 0.27 | 0.30 | 0.34 | 0.37 | 0.40 | 0.40 | 0.41 | 0.40 | 0.29 | 0.23 | 0.16 | 0.02 | (0.02) | (0.05) |
| Total Stockholder Equity | 1.96 | 1.97 | 1.96 | 1.01 | 1.04 | 1.06 | 1.11 | 1.14 | 1.38 | 1.36 | 1.35 | 1.24 | 1.17 | 1.09 | 0.95 | 0.91 | 0.88 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 108.49 | 90.65 | 52.69 | 53.55 | 57.39 | 60.81 | 60.99 | 62.93 | 31.26 | 48.68 | 41.21 | 52.52 | 64.02 | 95.70 | 102.13 | 124.45 | 139.18 | 161.76 | 96.89 | 98.58 |
| Selling, General & Admin | 35.16 | 33.64 | 32.07 | 28.41 | 27.43 | 24.17 | 19.07 | 21.53 | 21.43 | 21.27 | 21.42 | 19.56 | 18.86 | 19.40 | 19.45 | 17.60 | 18.22 | 20.57 | 15.12 | 14.88 |
| Operating Income | (32.03) | (24.12) | (3.69) | (67.02) | (43.88) | (34.78) | (43.96) | (39.54) | (53.49) | (32.43) | (33.63) | (17.54) | 0.48 | 32.96 | 37.47 | 79.17 | 95.75 | 115.02 | 57.08 | 54.09 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.49 | 2.62 |
| Pretax Income | (29.33) | (13.64) | 10.56 | (58.43) | (42.72) | (27.17) | (33.96) | (34.87) | (48.15) | 23.63 | (20.66) | (4.48) | 12.91 | 45.30 | 47.09 | 84.11 | 96.64 | 113.31 | 54.69 | 51.57 |
| Tax Provision | (9.04) | (5.67) | 1.13 | (16.65) | (11.85) | (4.53) | (11.62) | (9.35) | (14.10) | 7.14 | (4.40) | (0.20) | 5.52 | 7.85 | (19.92) | 20.93 | 23.37 | 27.76 | 5.70 | 8.80 |
| Net Income | (20.30) | (7.97) | 9.43 | (41.78) | (30.87) | (22.65) | (22.34) | (25.52) | (34.05) | 16.49 | (16.26) | (4.28) | 7.40 | 37.45 | 67.01 | 63.18 | 73.27 | 85.55 | 48.99 | 42.76 |
| Basic EPS | (0.11) | (0.04) | 0.07 | (0.24) | (0.19) | (0.14) | (0.11) | (0.16) | (0.21) | 0.09 | (0.09) | (0.02) | 0.04 | 0.21 | 0.37 | 0.36 | 0.42 | 0.49 | 0.28 | 0.24 |
| Diluted EPS | (0.11) | (0.04) | 0.07 | (0.24) | (0.19) | (0.14) | (0.12) | (0.16) | (0.21) | (0.08) | (0.08) | (0.02) | 0.04 | 0.20 | 0.36 | 0.33 | 0.38 | 0.45 | 0.26 | 0.23 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.01 | -0.00 | (0.05) | (0.04) | -0.00 | (0.06) | 0.03 | (0.01) | 0.03 | (0.04) | (0.01) | 0.01 | 0.01 | 0.06 | 0.03 | 0.09 | 0.10 | 0.12 | 0.03 | 0.02 |
| Capital Expenditures | 0.23 | 0.08 | 0.06 | 0.05 | 0.03 | 0.03 | 0.04 | 0.14 | 0.10 | 0.05 | 0.07 | 0.06 | 0.06 | 0.07 | 0.11 | 0.09 | 0.07 | 0.05 | 0.04 | 0.04 |
| Free Cash Flow* | (0.22) | (0.08) | (0.11) | (0.09) | (0.03) | (0.09) | (0.01) | (0.15) | (0.07) | (0.09) | (0.09) | (0.05) | (0.05) | (0.02) | (0.08) | 0.00 | 0.03 | 0.07 | (0.01) | (0.02) |
| Investing Cash Flow | (0.39) | (0.26) | 0.07 | (0.33) | 0.07 | (0.02) | (0.02) | 0.02 | (0.03) | 0.04 | (0.27) | (0.39) | 0.27 | 0.46 | (0.32) | (0.33) | (0.67) | (0.05) | (0.04) | (0.04) |
| Financing Cash Flow | (0.07) | (0.02) | (0.01) | 1.26 | -0.00 | (0.01) | (0.01) | (0.03) | -0.00 | 0.03 | -0.00 | -0.00 | -0.00 | (0.01) | -0.00 | -0.00 | -0.00 | (0.02) | -0.00 | -0.00 |
* Derived from reported values
