MP Materials (MP) Other Accumulated Expenses (2019 - 2026)
MP Materials' Other Accumulated Expenses was $31.64 million in Q2 2026, up 35.4% from $23.37 million a year earlier and up 35.8% from the prior quarter.
MP Materials (MP) Other Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, Other Accumulated Expenses at MP Materials came in at $25.6 million, up 35.8% from FY2024.
- Other Accumulated Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 63.9% (FY2020 to FY2025).
- In earlier years, Other Accumulated Expenses was $18.85 million in FY2024 (+184.9%), $6.62 million in FY2023 (+63.2%), $4.05 million in FY2022 (-4.9%) and $4.26 million in FY2021 (+97.1%).
- The Q2 2026 figure marks the highest quarterly Other Accumulated Expenses in data going back to Q4 2019.
- Compared with a year earlier, Other Accumulated Expenses has increased for 11 straight quarters, with growth averaging 86.8% over the last eight quarters.
- The best year-over-year quarter for Other Accumulated Expenses over five years was Q2 2024 (growth of 251.8%); the worst was Q2 2022 (a decline of 37.7%).
- Per Business Quant data, MP's Other Accumulated Expenses in the three quarters before Q2 2026 was $23.29 million (Q1 2026), $25.6 million (Q4 2025) and $17.06 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | MP Materials | 8.42 Bn | 6.97 Bn | 36.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.64 Mn |
| Mar 31, 2026 | 23.29 Mn |
| Dec 31, 2025 | 25.60 Mn |
| Sep 30, 2025 | 17.06 Mn |
| Jun 30, 2025 | 23.37 Mn |
| Mar 31, 2025 | 15.52 Mn |
| Dec 31, 2024 | 18.85 Mn |
| Sep 30, 2024 | 8.85 Mn |
| Jun 30, 2024 | 13.38 Mn |
| Mar 31, 2024 | 7.42 Mn |
| Dec 31, 2023 | 6.62 Mn |
| Sep 30, 2023 | 4.19 Mn |
| Jun 30, 2023 | 3.80 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Dec 31, 2022 | 4.05 Mn |
| Sep 30, 2022 | 4.50 Mn |
| Jun 30, 2022 | 4.05 Mn |
| Mar 31, 2022 | 4.68 Mn |
| Dec 31, 2021 | 4.26 Mn |
| Sep 30, 2021 | 3.64 Mn |
MP Materials Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=MP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "MP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();