IperionX Limited

IPXNASDAQBasic Materials● Active

$36.76

+$1.54(+4.38%)

Market Cap$1.2B

P/E Ratio—

52W High$61.45

52W Low$21.66

Avg Volume298K

Open$36.36

Beta1.35

Overview

IperionX Limited (IPX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IPX · free cash flow · updated Jun 8, 2026

Core FCF metrics

IPX · FCF · TTM · margin & CAGR

Free cash flow was −$39.4M for FY2025 (fiscal year ending 2025-06-30), down 47.7% year-over-year

FY2025 Free Cash Flow−$39.4M▼ -47.7% YoY

Trailing 12M (TTM)−$54.7Mtrailing 4 quarters sum

FCF Margin——

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IPX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$21.8M(18M)−$39.4M▼ 47.7%—

FY2024−$18.6M(8M)−$26.7M▼ 43.7%—

FY2023−$15.9M(3M)−$18.6M▼ 32.1%—

FY2022−$12.1M(2M)−$14.1M▼ 287.9%—

FY2021−$3.6M(0M)−$3.6M▼ 107487.6%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IPX · P/FCF · FCF yield · FCF per share

IperionX Limited (IPX) reported negative free cash flow of −$0.04B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30

Cash flow statement summary

IPX · cash flow statement · operating / investing / financing

For FY2025, IperionX Limited generated −$21.8M in operating cash flow and spent 18M in capital expenditures, yielding −$39.4M in free cash flow.

Operating Activities

−$21.8M

Cash from core business operations

2025-06-30

Investing Activities

−$24.3M

CapEx, acquisitions & investments

2025-06-30

Financing Activities

+$68.0M

Buybacks, dividends & debt

2025-06-30

FCF FormulaOperating CF (−$21.8M) − |CapEx| (18M) = FCF (−$39.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

IPX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

IperionX LimitedYOU

IPX

−$39.4M-47.7%—

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

IperionX Limited (IPX) reported free cash flow of −$39.4M for FY2025 (fiscal year ending 2025-06-30), down 47.7% year-over-year.

IperionX Limited has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 9 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IPX free cash flow · 8 questions

IperionX Limited free cash flow was −$39.4M for FY2025, down 47.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$54.7M.

IPX free cash flowIPX FCFIPX FCF 2025IPX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · IperionX Limited · IperionX Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026