MP Materials (MP) Current Assets (2019 - 2026)

MP Materials (MP) reported Current Assets of $2.0 billion for Q1 2026, up 100.11% on a YoY basis from $1.0 billion in Q1 2025, and down 5.49% quarter-over-quarter from $2.2 billion in Q4 2025.

MP Materials (MP) Current Assets (2019 - 2026) Analysis & Trends

MP Materials has reported Current Assets for 8 years, with the latest figure at $2.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Current Assets rose 100.11% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 100.11% YoY), and the FY2025 full-year result was $2.2 billion, up 110.0% from the prior year.
  • Current Assets for Q1 2026 stood at $2.0 billion, down from $2.2 billion in the prior quarter.
  • The five-year high for Current Assets was $2.2 billion in Q3 2025, with the low at $960.4 million in Q2 2025.
  • Historically, Current Assets has averaged $1.3 billion across 5 years, with a median of $1.2 billion in 2023.
  • Annual changes were most pronounced in 2024 — Current Assets fell 14.4% — and 2025, when it surged 113.76%.
  • MP Materials' Current Assets stood at $1.3 billion in 2022, then fell by 12.57% to $1.1 billion in 2023, then declined by 8.83% to $1.0 billion in 2024, then jumped by 110.0% to $2.2 billion in 2025, then fell by 5.49% to $2.0 billion in 2026.
  • The last three Current Assets figures came in at $2.0 billion (Q1 2026), $2.2 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Assets (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 104.43 Mn
2 Bhp 421.29 Bn 411.77 Bn - 25.93 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - 18.37 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 2.05 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 69.57 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 875.75 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 69.18 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 153.66 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - 385.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.05 Bn
Dec 31, 2025 2.17 Bn
Sep 30, 2025 2.17 Bn
Jun 30, 2025 960.40 Mn
Mar 31, 2025 1.02 Bn
Dec 31, 2024 1.03 Bn
Sep 30, 2024 1.02 Bn
Jun 30, 2024 1.09 Bn
Mar 31, 2024 1.11 Bn
Dec 31, 2023 1.13 Bn
Sep 30, 2023 1.19 Bn
Jun 30, 2023 1.22 Bn
Mar 31, 2023 1.27 Bn
Dec 31, 2022 1.29 Bn
Sep 30, 2022 1.36 Bn
Jun 30, 2022 1.35 Bn
Mar 31, 2022 1.32 Bn
Dec 31, 2021 1.28 Bn
Sep 30, 2021 1.26 Bn
Jun 30, 2021 1.25 Bn