MP Materials (MP) Change in Receivables (2020 - 2026)

MP Materials (MP) reported Change in Receivables of $32.6 million for Q1 2026, down 42.72% on a YoY basis from $57.0 million in Q1 2025, and down 71.49% quarter-over-quarter from $114.5 million in Q4 2025.

MP Materials (MP) Change in Receivables (2020 - 2026) Analysis & Trends

MP Materials has reported Change in Receivables for 7 years, with the latest figure at $32.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 42.72% year-over-year to $32.6 million; the trailing twelve-month figure through Mar 2026 stood at $86.1 million (up 33.86% YoY), and the FY2025 full-year result was $110.4 million, up 1136.58% from the prior year.
  • Change in Receivables for Q1 2026 stood at $32.6 million, down from $114.5 million in the prior quarter.
  • The five-year high for Change in Receivables was $114.5 million in Q4 2025, with the low at -$46.1 million in Q2 2025.
  • Historically, Change in Receivables has averaged $6.5 million across 5 years, with a median of -$3.5 million in 2023.
  • The largest YoY upside for Change in Receivables was 3425.05% in 2025 against a maximum downside of 1532.2% in 2025.
  • MP Materials' Change in Receivables stood at $16.8 million in 2022, then plunged by 120.53% to -$3.5 million in 2023, then soared by 689.73% to $20.4 million in 2024, then surged by 461.74% to $114.5 million in 2025, then slumped by 71.49% to $32.6 million in 2026.
  • The last three Change in Receivables figures came in at $32.6 million (Q1 2026), $114.5 million (Q4 2025), and -$15.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - 5.45 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 32.65 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 45.10 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 1.82 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 32.65 Mn
Mar 31, 2026 32.65 Mn
Dec 31, 2025 114.52 Mn
Dec 31, 2025 114.52 Mn
Sep 30, 2025 -14.97 Mn
Sep 30, 2025 -14.97 Mn
Jun 30, 2025 -46.12 Mn
Jun 30, 2025 -46.12 Mn
Mar 31, 2025 57.00 Mn
Mar 31, 2025 57.00 Mn
Dec 31, 2024 20.39 Mn
Dec 31, 2024 20.39 Mn
Sep 30, 2024 -16.29 Mn
Sep 30, 2024 -16.29 Mn
Jun 30, 2024 3.22 Mn
Jun 30, 2024 3.22 Mn
Mar 31, 2024 1.62 Mn
Mar 31, 2024 1.62 Mn
Dec 31, 2023 -3.46 Mn
Dec 31, 2023 -3.46 Mn