MP Materials (MP) Accumulated Expenses (2022 - 2026)
MP Materials' (MP) quarterly Accumulated Expenses came in at $99.4 million in Q1 2026, up 43.78% YoY from $69.1 million in Q1 2025, and up 4.55% on a QoQ basis from $95.1 million in Q4 2025.
MP Materials (MP) Accumulated Expenses (2022 - 2026) Analysis & Trends
MP Materials (MP) has 5 years of Accumulated Expenses data on file, last reported at $99.4 million in Q1 2026.
- Quarterly Accumulated Expenses rose 43.78% year-over-year to $99.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $99.4 million (up 43.78% YoY) and the FY2025 annual result came in at $95.1 million, up 46.9% from the prior year.
- Accumulated Expenses grew to $99.4 million in Q1 2026, from $95.1 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $99.4 million in Q1 2026 to a low of $56.9 million in Q4 2022.
- A 5-year average of $75.2 million and a median of $74.0 million in 2024 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2024 — Accumulated Expenses dropped 12.46% — and 2025, when it jumped 46.9%.
- Tracing MP's Accumulated Expenses over 5 years: stood at $56.9 million in 2022, then advanced by 29.86% to $73.9 million in 2023, then retreated by 12.46% to $64.7 million in 2024, then soared by 46.9% to $95.1 million in 2025, then increased by 4.55% to $99.4 million in 2026.
- The last three Accumulated Expenses figures came in at $99.4 million (Q1 2026), $95.1 million (Q4 2025), and $78.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 |
| 10 | TMC the metals | 2.15 Bn | 2.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.33 Mn |
| Mar 31, 2026 | 99.41 Mn |
| Dec 31, 2025 | 95.09 Mn |
| Sep 30, 2025 | 77.98 Mn |
| Jun 30, 2025 | 74.45 Mn |
| Mar 31, 2025 | 69.14 Mn |
| Dec 31, 2024 | 64.73 Mn |
| Sep 30, 2024 | 66.22 Mn |
| Jun 30, 2024 | 74.94 Mn |
| Mar 31, 2024 | 73.99 Mn |
| Dec 31, 2023 | 73.94 Mn |
| Dec 31, 2022 | 56.94 Mn |