MP Materials (MP) Capital Expenditures (2020 - 2026)

MP Materials has reported Capital Expenditures for 7 years, with the latest figure at $77.4 million in Q1 2026.

• For the quarter ending Q1 2026, Capital Expenditures rose 153.97% year-over-year to $77.4 million; the trailing twelve-month figure through Mar 2026 stood at $219.3 million (up 32.86% YoY), and the FY2025 full-year result was $172.4 million, down 7.53% from the prior year.
• Capital Expenditures for Q1 2026 stood at $77.4 million, up from $62.4 million in the prior quarter.
• The five-year high for Capital Expenditures was $112.3 million in Q4 2022, with the low at $29.0 million in Q2 2025.
• Historically, Capital Expenditures has averaged $60.3 million across 5 years, with a median of $55.8 million in 2023.
• Annual changes were most pronounced in 2022 — Capital Expenditures jumped 199.77% — and 2024, when it slumped 42.92%.
• MP Materials' Capital Expenditures stood at $112.3 million in 2022, then plunged by 35.0% to $73.0 million in 2023, then tumbled by 42.92% to $41.6 million in 2024, then soared by 49.83% to $62.4 million in 2025, then gained by 23.99% to $77.4 million in 2026.
• The last three Capital Expenditures figures came in at $77.4 million (Q1 2026), $62.4 million (Q4 2025), and $50.5 million (Q3 2025), per Business Quant data.