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

MP Materials (MP) reported Non-Current Assets of $1.8 billion for Q1 2026, up 33.31% on a YoY basis from $1.3 billion in Q1 2025, and up 5.59% quarter-over-quarter from $1.7 billion in Q4 2025.

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

MP Materials has reported Non-Current Assets for 8 years, with the latest figure at $1.8 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Assets rose 33.31% year-over-year to $1.8 billion; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (up 33.31% YoY), and the FY2025 full-year result was $1.7 billion, up 30.42% from the prior year.
  • Non-Current Assets for Q1 2026 stood at $1.8 billion, up from $1.7 billion in the prior quarter.
  • The five-year high for Non-Current Assets was $1.8 billion in Q1 2026, with the low at $670.7 million in Q1 2022.
  • Historically, Non-Current Assets has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2024.
  • Annual changes were most pronounced in 2022 — Non-Current Assets jumped 54.03% — and 2025, when it advanced 7.81%.
  • MP Materials' Non-Current Assets stood at $944.0 million in 2022, then grew by 27.68% to $1.2 billion in 2023, then advanced by 8.04% to $1.3 billion in 2024, then soared by 30.42% to $1.7 billion in 2025, then advanced by 5.59% to $1.8 billion in 2026.
  • The last three Non-Current Assets figures came in at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Assets (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 313.59 Mn
2 Bhp 421.29 Bn 411.77 Bn - 90.08 Bn
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - 214.17 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 1.79 Bn
6 Iperionx 8.57 Bn 8.52 Bn - 59.58 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 1.00 Bn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 256.17 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 - 309.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.79 Bn
Dec 31, 2025 1.70 Bn
Sep 30, 2025 1.62 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 1.35 Bn
Dec 31, 2024 1.30 Bn
Sep 30, 2024 1.28 Bn
Jun 30, 2024 1.27 Bn
Mar 31, 2024 1.25 Bn
Dec 31, 2023 1.21 Bn
Sep 30, 2023 1.13 Bn
Jun 30, 2023 1.07 Bn
Mar 31, 2023 1.01 Bn
Dec 31, 2022 943.96 Mn
Sep 30, 2022 832.38 Mn
Jun 30, 2022 752.37 Mn
Mar 31, 2022 670.74 Mn
Dec 31, 2021 612.86 Mn
Sep 30, 2021 593.91 Mn
Jun 30, 2021 571.84 Mn