MP Materials (MP) Inventory (2019 - 2026)

MP Materials has reported Inventory for 8 years, with the latest figure at $169.2 million in Q1 2026.

• For the quarter ending Q1 2026, Inventory rose 27.13% year-over-year to $169.2 million; the trailing twelve-month figure through Mar 2026 stood at $169.2 million (up 27.13% YoY), and the FY2025 full-year result was $171.6 million, up 58.99% from the prior year.
• Inventory for Q1 2026 stood at $169.2 million, down from $171.6 million in the prior quarter.
• The five-year high for Inventory was $171.6 million in Q4 2025, with the low at $39.6 million in Q1 2022.
• Historically, Inventory has averaged $99.9 million across 5 years, with a median of $107.9 million in 2024.
• Annual changes were most pronounced in 2022 — Inventory jumped 80.64% — and 2025, when it advanced 10.98%.
• MP Materials' Inventory stood at $57.6 million in 2022, then jumped by 65.38% to $95.2 million in 2023, then grew by 13.37% to $107.9 million in 2024, then jumped by 58.99% to $171.6 million in 2025, then declined by 1.38% to $169.2 million in 2026.
• The last three Inventory figures came in at $169.2 million (Q1 2026), $171.6 million (Q4 2025), and $144.4 million (Q3 2025), per Business Quant data.