Growth Metrics

MP Materials (MP) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Materials (MP) over the last 6 years, with Q3 2025 value amounting to $120.6 million.

  • Materials' Operating Expenses rose 1767.3% to $120.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $422.4 million, marking a year-over-year increase of 2308.53%. This contributed to the annual value of $373.3 million for FY2024, which is 3765.88% up from last year.
  • As of Q3 2025, Materials' Operating Expenses stood at $120.6 million, which was up 1767.3% from $101.3 million recorded in Q2 2025.
  • In the past 5 years, Materials' Operating Expenses ranged from a high of $120.6 million in Q3 2025 and a low of $38.3 million during Q1 2021
  • Over the past 5 years, Materials' median Operating Expenses value was $63.5 million (recorded in 2023), while the average stood at $69.9 million.
  • Within the past 5 years, the most significant YoY rise in Materials' Operating Expenses was 11170.81% (2021), while the steepest drop was 5563.59% (2021).
  • Quarter analysis of 5 years shows Materials' Operating Expenses stood at $42.0 million in 2021, then skyrocketed by 32.71% to $55.8 million in 2022, then soared by 34.16% to $74.8 million in 2023, then skyrocketed by 40.24% to $104.9 million in 2024, then grew by 14.89% to $120.6 million in 2025.
  • Its Operating Expenses was $120.6 million in Q3 2025, compared to $101.3 million in Q2 2025 and $95.6 million in Q1 2025.